A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
02 Jul 2014
A $200 gain in the spot rate price per 40-foot container in trans-Pacific lanes could be short-lived, Drewry said today.
27 Jun 2014
The loss-making Air China Cargo joint venture between Cathay Pacific and Air China will be given a cash injection by its shareholders of $320 million.
25 Jun 2014
Spot rates from Hong Kong to Los Angeles are holding steady at a two-year low this week.
19 Jun 2014
The G6 and CKYHE alliances that were to have competed head on with the P3 Network may be feeling an easing of pressure after China’s shock rejection of the vessel-sharing agreement, but both are pushing ahead with the expansion of their networks.
18 Jun 2014
The downward trend in Drewry’s benchmark spot rate from Hong Kong to Los Angeles continued this week.
11 Jun 2014
There was no change in the Drewry benchmark spot rate from Hong Kong to Los Angeles this week.
10 Jun 2014
American Airlines is adding Hong Kong and Shanghai to its daily Asian routes this week as the carrier capitalizes on 12 consecutive months of air freight growth and improving yields.
06 Jun 2014
The Hong Kong Association of Freight Forwarders and Logistics (HAFFA) has joined a coalition of global counterparts in calling for the U.S. federal government to seek input from small and midsize forwarders before expanding the Air Cargo Advanced Screening (ACAS) program
04 Jun 2014
Trans-Pacific spot rates continued a downward spiral this week, with the Drewry benchmark rate for shipping from Hong Kong to Los Angeles falling an additional $50.
02 Jun 2014
U.S. containerized exports declined for the third straight month in April, albeit marginally, dropping 0.2 percent year over year.