China

China

27 Oct 2021
With retailers failing to respond to incentives designed to mitigate excessive container dwell times on the docks, Los Angeles and Long Beach will hit carriers with punishing storage fees that the lines say they will pass on to their customers.
27 Oct 2021
Cosco Shipping Ports saw revenues at Piraeus surge more than 16 percent in the first half of this year, though total throughput dropped slightly.
26 Oct 2021
DSV has banked a highly profitable third quarter and is expecting an equally positive full year, with executives unconcerned about potentially losing business to a certain integrated carrier.
25 Oct 2021
Union Pacific Railroad says its decision to temporarily suspend westbound container flow at its near-dock ICTF yard in Los Angeles-Long Beach is needed to re-establish eastbound-westbound container balance at the facility.
21 Oct 2021
The inauguration of HMM’s Far East-India-Latin America service comes as freight rates between Asia and Brazil are at a record high of around $13,000/FEU.
21 Oct 2021
The regulatory requirements governing the shipping of dangerous goods make their handling more complex, which shippers believe is behind growing difficulties in securing equipment and space on vessels.
20 Oct 2021
US Customs and Border Protection is stepping up its efforts to reduce port congestion amid record imports by working with customs brokers to target illegal shipments, thereby freeing up staff and resources to expedite clearance of legitimate imports.
20 Oct 2021
The challenging conditions will continue to disrupt global supply chains into 2022, but forwarders have joined carriers in posting huge increases in profitability.
19 Oct 2021
Terminal operators in Los Angeles-Long Beach say 24/7 gate hours are not feasible until retailers and truckers make better use of the 20 hours each weekday that are already available to them.
18 Oct 2021
An early Chinese New Year and shippers trying to get ahead of the growing Asia-North Europe port congestion could push up demand and freight rates through December.
13 Oct 2021
Even as the Biden administration works to ease US port congestion, fresh data on September imports from Asia shows stakeholders have their work cut out for them.