China

China

22 Sep 2014
Shanghai may be the busiest container port in the world, but almost half the boxes that cross its wharves every year are first carried down the mighty Yangtze River from manufacturing hubs deep inland.
Shanghai Containerized Freight Index, U.S. West Coast, week ending Oct. 11, 2013. Source: Shanghai Shipping Exchange
14 Oct 2013
Spot container rates to the U.S. East and West Coasts measured by the Shanghai Containerized Freight Index continued to decline in the week ending Oct. 11. The drop precedes an Oct. 15 general rate increase in Asia to U.S. lanes of $400 per 40-foot container, announced by Cosco and CMA CGM. US Lines pushed back its Oct. 15 increase of the same amount to Nov. 15.
NYK's container terminal at the Port of Tokyo
14 Oct 2013
TOKYO — Yusen Logistics is focusing on building supply chains in Mexico, Myanmar and Cambodia, as the former provides customers easier access to the North American market and latter two allow shippers to diversify their sourcing.
Shanghai Containerized Freight Index, Mediterranean, week ending Oct. 11, 2013. Source: Shanghai Shipping Exchange
14 Oct 2013
Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index eroded for a ninth straight week during the week ending Oct. 11. This was the second straight week of double digit declines.
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
The Cosco England is Cosco's largest ship with a capacity of 13,400 20-foot-equivalent units.
11 Oct 2013
The 13,400-TEU Cosco England has made its maiden call at the U.K.’s Port of Felixstowe.
View of Tokyo
08 Oct 2013
The number of foreign trade containers handled by the Port of Tokyo edged up 0.3 percent in the first half of this year from a year earlier to 2.089 million 20-foot equivalent units, according to preliminary figures released by the Tokyo metropolitan government.
Ford Motor Co. logo
08 Oct 2013
Auto Warehousing Company’s facility at the Port of Portland’s Terminal 6 has received approval for export shipments to China following inspections by governmental auditors from that country.
Trade lanes
07 Oct 2013
Ocean carriers’ tactic of shifting surplus capacity from east-west trades to north-south routes is nearing “saturation point,” according to Drewry Maritime Research.
01 Oct 2013
Hong Kong has launched a pilot free trade zone scheme in Shanghai.
30 Sep 2013
SINGAPORE — Emerging nations still offer the most opportunity for businesses and logistics service providers, even if growth rates have slowed, industry leaders told delegates at a major logistics conference held in Singapore last week.