Rising labor costs and a shortage of workers in coastal China are two of the most serious problems footwear producers in that country face...
09 Jul 2013
U.S. containerized exports slipped 0.8 percent in March 2013 year-over-year, totaling 1,072,190 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company. However, this is the highest monthly volume since March 2012 when exports totaled 1,080,341 TEUs.
02 Jul 2013
Journal of Commerce Economist Mario Moreno upgraded his forecast for the eastbound trans-Pacific lane to 3 percent growth to a total of 13.1 million TEUs. Better-than-expected traffic in the first quarter was the major driver in the upgrade — issued in the June report of Container Shipping Outlook — from the forecast of 2 percent growth made at the TPM conference in Long Beach in March. “China was the region’s best performer sending 4.9 percent more volume or nearly double the four-quarter moving average rate of growth to U.S. ports than in the same period last year,” he said.
01 Jul 2013
First quarter 2013 container imports of apparel (not knitted or crocheted) through U.S. ports jumped 11.3 percent year-over-year, preceded by a 7 percent jump in fourth quarter 2012. Before the recent upturn, apparel imports experienced six quarterly declines.
25 Jun 2013
World coffee production for 2013/2014 season was forecasted at 146 million bags, down 4.4 million bags from the previous year...
20 Jun 2013
The number of containers of toys imported through U.S. ports increased 1.4 percent in the first quarter of 2013. This is only the second year-over-year increase in the past eight quarters, the other being a 2.4 percent increase in third quarter 2012.
18 Jun 2013
Yusen Logistics is adding a weekly service from Ho Chi Minh, Vietnam, to Los Angeles to its LCL network.
17 Jun 2013
Containers of footwear imported through U.S. ports jumped 14 percent year-over-year in the first quarter of 2013, the largest increase since fourth quarter 2010, according to data from PIERS, a JOC sister company.
29 May 2013
U.S. containerized exports were up 5 percent in February 2013 year-over-year, reaching 1,011,874 20-foot-equivalent units, according to advance figures from PIERS, a JOC sister company.
16 May 2013
DHL Supply Chain plans to invest €10 million (approximately US$13 million) to expand its presence in Vietnam over the next couple years.
16 May 2013
Logwin has moved its Vietnam warehousing and logistics operations into a new facility close to Hanoi, which will serve the country’s northern region.