China

China

17 Nov 2022
Plunging imports from Asia in October, normally one of the busiest months of the year, signals a continued “flattening” of eastbound trans-Pacific demand in the coming months, according to Ben Hackett, principal at Hackett Associates.
24 Oct 2022
US ports saw a jump in shipments from Bangladesh this year through August, mostly from apparel and clothing accessories, as importers support a “China-plus-one” sourcing strategy.
24 Oct 2022
The rate declines seen in major ocean trades this year have begun to seep into intra-Asia markets, with regional carriers now reporting lower revenues and volumes.
20 Oct 2022
Reduced backlogs in Southern California due primarily to the diversion of cargo to the East and Gulf coasts have shifted the congestion problems to ports in those regions.
20 Oct 2022
A widely held view by carrier executives that the IMO’s environmental regulations will absorb a large amount of surplus vessel capacity has been countered by shipping analyst Drewry.
19 Oct 2022
The world’s long-haul airlines are celebrating a steady return of passenger traffic, but as planes fill with travelers, weakening freight demand means carriers are struggling to fill the surplus cargo capacity below their feet.
14 Oct 2022
While retailers normally divert some discretionary cargo to ports on the East and Gulf coasts in years when the ILWU and PMA negotiate a new contract, the shift away from the West Coast has been particularly dramatic this year.
14 Oct 2022
Market conditions may be normalizing for carriers as rates and demand drop closer to 2019 levels, but shippers in Europe continue to battle disruption in their import cargo flows.
13 Oct 2022
Although trans-Pacific carriers are now rushing to blank sailings, the capacity overhang in the trade lane is so great that industry analysts say excess space will continue to plague the trade lane.
13 Oct 2022
project44 and the Global Shipping Business Network are working together to tie cargo tracking and bill of lading data to unearth trade finance opportunities in Asia.
12 Oct 2022
The effects of an earlier-than-normal peak season and canceled retail orders have begun to show in US import data, with volumes from Asia in September falling to their lowest level of the year.