China

China

07 May 2021
The upward revision to US import projections for peak shipping season sends a message to shippers and ports that tight vessel capacity and marine terminal congestion issues are far from over.
05 May 2021
Rising volume and rate levels through the first quarter allowed Maersk to dramatically increase its business and profitability across all business segments, posting a quarterly profit that is just shy of the carrier's full-year 2020 result.
04 May 2021
The strain of an overextended air cargo market is being felt across the supply chain, but with so much belly capacity out of service, there is little sign of the pressure easing any time soon.
30 Apr 2021
Ocean Network Express has joined its peers in delivering profitability in the billions as the carrier capitalized on rising demand and high rates through the second half of its fiscal year.
29 Apr 2021
China’s Cosco Shipping Holdings has joined Maersk in posting a highly profitable first quarter result, and has predicted the positive earnings momentum will continue.
29 Apr 2021
The first quarter was a good one for Rotterdam and Antwerp, but with terminals fully stretched as the ports face operational challenges in the weeks ahead.
28 Apr 2021
The new Mediterranean Shipping Co. service from China to the Northwest Seaport Alliance of Seattle and Tacoma could be followed by others as carriers seek alternative gateways to Los Angeles-Long Beach.
28 Apr 2021
Greater interest from shippers in extending the duration of ocean contracts to mitigate volatile rates is becoming a trend on the major trades.
28 Apr 2021
Demand for guaranteed vessel space is expected to further drive shippers toward less-than-containerload services that saw double-digit percentage volume growth in the first quarter.
27 Apr 2021
DSV continued its growth-by-acquisition strategy with the takeover of Agility’s logistics division that will increase its annual revenue by almost 25 percent.
26 Apr 2021
Limited capacity and strong demand on air and ocean trades out of Asia allowed Kuehne + Nagel to build a solid first quarter.