One country has massive terminal overcapacity that will depress the business for years, while the other has a desperate need for huge investment in its container ports to cope with growing trade. Vietnam and Indonesia are on opposite sides of the port capacity scale, but both Southeast Asian nations are facing formidable challenges.
03 Aug 2014
China’s factory output and total new orders in July rose to their highest levels since March last year, improving the operating conditions of mainland manufacturers and supporting carrier predictions of third quarter container volume increases in the seasonal build up to Christmas.
31 Jul 2014
China will remain the clear leader in U.S. footwear imports even as Vietnam and other countries nibble away at its market share, according to a new forecast by the Footwear Distributors and Retailers of America.
10 Jun 2014
Thailand, Vietnam, Indonesia and India are poised to kick their export growth into higher gear over the next five years.
04 Jun 2014
Major Japanese freight forwarder Yusen Logistics has opened a new warehouse in Jababeka in Jakarta, Indonesia, to capitalize on growth in Southeast Asia.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
23 May 2014
Though containerized toy imports coming to the United States are down, the toy industry’s bottom line doesn’t seem to be hurting.
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
02 May 2014
The International Maritime Bureau reported the lowest first-quarter level of global piracy attacks this year since 2007, although the agency warned that the threat of piracy is still present.
09 Apr 2014
Despite growing concerns about tight supplies and rising prices, U.S. red meat exports performed well in February...
07 Apr 2014
Foreign investment in the five founding members of ASEAN, the Association of Southeast Asian Nations, last year topped $128.4 billion, five times the 2001 level, Merrill Lynch economist Chua Hak Bin said in a report carried today by the South China Morning Post.