The world’s top three container lines appear to have little visibility into whether Chinese regulators will join their U.S. and European counterparts in allowing the carriers’ P3 alliance to take effect.
It has been several months since China’s first Pilot Free Trade Zone (Shanghai FTZ) launched in Shanghai, but the shipping and logistics industry is still waiting for more policies to be clarified.
SHANGHAI, China — The Hong Kong government, in an effort to prepare for and attract mega-container ships, plans to deepen ports in the region, according to Hong Kong maritime officials.
SHANGHAI — Forwarders in China still can’t deduct freight payments of a value-added tax, even though Chinese officials provided additional guidelines earlier this year.
SHANGHAI — China has clarified its new value-added tax on logistics services to allow second-tier forwarders, not just those who sign contracts directly with the carriers, to deduct payments of the...
SHANGHAI — The Chinese government appears to have leveled the playing field for foregin shipping companies and forwarders in terms of its new value-added tax on logistics.
U.S. and Chinese shipper groups are urging their respective regulators to block the proposed P3 Network, arguing the top three global container lines will reduce competition by controlling too much...
China says it will attend a summit in Washington in December proposed by the Federal Maritime Commission to discuss the proposed P3 alliance involving the world's three largest container lines,...
SHANGHAI, China — In the latest shake-up of senior management at a Chinese shipping company, Zhao Huxiang, chairman of
China’s domestic spending shot up this year on Nov. 11 in response to “Singles’ Day” marketing promotions.
SHENZHEN, China — China’s shipping industry faces further turmoil as the country imposes new polices aimed at reining in severe overcapacity in the steel, cement, electrolytic aluminum, plate glass...
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