The Hong Kong government is facing mounting pressure from container terminal operators and shippers as the port struggles to cope with congestion that remains at critical levels and is delaying ships and disrupting schedules.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
16 Jul 2014
Attempts by the trans-Pacific carriers to institute a two-tiered July general rate increase fell just short of realization...
15 Jul 2014
China Cosco Holdings scrapped another eight vessels in the second quarter, taking to 24 ships disposed of in a fleet renewal program...
13 Jul 2014
A consortium of Japan’s Mitsui & Co. and Mitsubishi Estate Co. has agreed to acquire a significant stake in a logistics facility developing subsidiary of Beijing Properties (Holdings) Ltd.
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
09 Jul 2014
Spot rates from Hong Kong to Los Angeles slid slightly this week.
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
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.