China

China

18 Sep 2020
Amidst confusion involving blank sailings, extra-loaders, and announcements this past week by government regulatory agencies in Beijing and Washington, spot rates in the eastbound trans-Pacific continued to climb higher.
18 Sep 2020
As rates hit record levels on the trans-Pacific, the trade is an irresistible magnet for carriers, leaving forwarders in Asia struggling to find boxes as all equipment flows towards China’s export hubs.
17 Sep 2020
The US FMC said it is closely monitoring capacity and pricing conditions in the eastbound trans-Pacific, but is not yet ready to launch a fact-finding investigation or petition for legal action.
16 Sep 2020
The momentum that has built in major economies since the COVID-19 lockdowns ended is behind an increase in factory activity.
15 Sep 2020
The suspension and weakening of general rate increases comes after Chinese regulators on Friday encouraged major container lines to add capacity and be less aggressive in raising their rates as US imports from Asia continue to rise.
15 Sep 2020
A widening project will allow bi-directional traffic along the channel leading into Guangzhou’s Nansha container terminal, reducing the time ships have to wait for a berth window.
15 Sep 2020
Strong demand for containerized imports in the US and Europe through the third quarter peak season is limiting the availability of equipment in Asia that is urgently needed to serve the fast-rising volume.
11 Sep 2020
Container shipping demand on the Asia-Europe trade is at 2019 levels, with forwarders and carriers expecting the strong demand to be maintained.
09 Sep 2020
Demand for rail services between China and Europe has risen sharply since COVID-19 slashed air and ocean capacity, with bottlenecks developing at key border crossings.
08 Sep 2020
US import growth from Asia and China accelerated in August after a strong July, driven by e-commerce merchandise and PPE supplies.
08 Sep 2020
Container volume on the Asia–Europe trade has been steadily improving since the COVID-19 lockdowns of April and May, and in July it finally moved into positive growth territory.