China

China

17 Dec 2014
Records are tumbling at Asia’s air freight hubs of Shanghai and Hong Kong this year, with double-digit growth reported at the main terminals in November and for the year-to-date.
Chinese currency
22 Jan 2014
SHANGHAI — China has clarified its new value-added tax on logistics services to allow second-tier forwarders, not just those who sign contracts directly with the carriers, to deduct payments of the tax imposed Aug. 1.
Shanghai Containerized Freight Index, North Europe, week ending Jan. 17, 2014. Source: Shanghai Shipping Exchange
21 Jan 2014
Spot container rates from Asia to northern European and Mediterranean ports measured by the Shanghai Containerized Freight Index fell for a second straight week in the week of Jan. 17...
Shanghai Containerized Freight Index, U.S. West Coast, week ending Jan. 17, 2014. Source: Shanghai Shipping Exchange
21 Jan 2014
Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index increased for a third straight week in the week ending Jan. 17.
From left: Bjorn Vang Jensen, Mark D. Schweitzer, Richard Smith
21 Jan 2014
Three shippers discuss what they expect in 2014.
Cathay Pacific Cargo B747-8F
20 Jan 2014
All the signs are growing that air freight volumes in Asia will rebound this year, but Cathay Pacific posted a surprising 5 percent decline in cargo in December despite boosting capacity.
Port of Hong Kong
15 Jan 2014
As part of a slot sharing agreement, seven container lines will cooperate on three existing Far East-to-Indian subcontinent services, effective in February 2014.
PIL's new Asia Pacific Northwest Service rotation.
15 Jan 2014
Pacific International Lines will start calling at the Port of Seattle in February.
Japan continued to be the top volume and value market for U.S. beef in November.
14 Jan 2014
U.S. red meat exports were “solid” in November as beef sales set a new value record and pork exports posted their strongest month year-to-date...
China’s Market Share of U.S. Imports by Value. Source: U.S. Census Bureau, CEIC, Barclays Research
14 Jan 2014
China’s export competitiveness may be stagnating or eroding in key low-end commodities such as footwear, toys and furniture, but in consumer appliances and electronics, which require more technology in manufacturing, China is increasing its market share, according to a Jan. 7 report by Barclays out of Hong Kong.
13 Jan 2014
The major risks to Asian economic and trade growth this year lie in Europe and the U.S., according to one leading Asia based analyst.