The Port of Hong Kong has seen year-over-year container volume growth decelerate for three consecutive months.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
08 Oct 2014
Spot rates from Hong Kong to Los Angeles plateaued this week, highlighting three straight weeks of stability following a volatile September.
07 Oct 2014
Based on vessel arrival delays at the two ports in the last 12 months, Shenzhen performed better than Hong Kong with shorter average delays across all vessel sizes, said CargoSmart, a logistics software firm.
03 Oct 2014
The city’s logistics industry does not belong under the inward looking Transport and Housing Bureau and the portfolio should be reassigned to a separate administrative structure, the British Chamber of Commerce in Hong Kong said in a position paper.
25 Sep 2014
Congestion at Hong Kong’s container terminals has reached a “critical stage” and the city’s container terminals and shipping lines have called on the government to urgently make land available for port logistics and additional barge berths.
24 Sep 2014
Three straight weeks of major spot rate drops have pushed trans-Pacific rates below $2,000 per container for the first time in seven weeks.
15 Sep 2014
Hong Kong’s container throughput in August slid into negative territory for the first time since February, down almost 3 percent year-over-year as the summer peak season momentum began to slow.
15 Sep 2014
Strong air cargo traffic out of Asia continued to lift Cathay Pacific volumes with August figures soaring almost 20 percent year-over-year and the Apple iPhone 6 launch expected to keep traffic high through September.
11 Sep 2014
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
10 Sep 2014
After gaining ground thanks to general rate increases in the first week of September, the Drewry benchmark rate from Hong Kong to Los Angeles dropped $100 per container this week.