China

China

29 May 2020
Extensive capacity cuts on the Asia–Europe and Asia–Med trades are holding up container spot rates, and some carriers are even announcing rate increases in May and June.
19 May 2020
Virtually all of DHL Global Forwarding’s ocean volume, and a third of its air freight, is now being handled through its new transport management platform.
19 May 2020
The number of passenger planes flying in all-cargo roles has risen past 1,200 as carriers try to utilize their grounded fleets and generate revenue amid coronavirus-driven travel bans.
18 May 2020
The spot market rates are well above year-over-year levels, despite an evaporation of demand that has hit carriers hardest this second quarter.
15 May 2020
The impact of the US–China trade war and COVID-19 has resulted in a 7.8 percentage point drop in China’s market share of US imports from Asia through the first four months of 2020.
13 May 2020
Maersk has managed to emerge from the first quarter with a strong financial result, but the chief concern of the carrier’s CEO is the second quarter when the heaviest impact of declining demand will be felt.
12 May 2020
US tariffs on electronics goods produced in China continue to push production and assembly of some electronics to Southeast Asia and Mexico, with the latter grabbing a growing share of laptop computers and televisions due to its proximity to the US market.
12 May 2020
Europe’s hub ports prepare for a sharp decline in second quarter volume as capacity and demand shocks rattle the container supply chain.
11 May 2020
Forces have been set in motion that will slowly, but inexorably, change the supply chain status quo in myriad ways, most notably where freight is coming from and where it is going.
07 May 2020
The PPE filling all available air cargo capacity is manufactured by the millions of units in China, and even though the cost of producing the protective equipment has increased sharply, that cost can still be measured in cents and fractions of cents.
07 May 2020
There is little demand for non-essential consumer goods, forcing shippers to store boxes filled with products that are not needed in economies that are still mostly closed.