A consortium of liner carriers and terminals aiming to speed the sharing of shipment data with banks believes it can overcome a chronic consent hurdle in the process.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
31 Aug 2022
COVID restrictions have significantly cut cross-border container traffic between China and Hong Kong, but Chinese authorities have little reason to ease the rules with cargo being shifted to Shenzhen.
29 Jul 2022
One shipping executive warns that if the current trend continues, Hong Kong will lose its position as a leading transshipment hub for China and the region.
08 Jul 2022
Competition watchdogs in key Asian jurisdictions are extending antitrust exemptions for the vessel-sharing agreements of ocean carriers, but trimming the validity period of those exemptions.
06 Jun 2022
A new working arrangement that for the first time allows pilots from Hong Kong and Shenzhen to navigate in each other’s waters aims to mitigate delays stemming in part from a pilot shortage in Yantian.
19 Apr 2022
Carrier OOCL said the biggest revenue gains in the first quarter of 2022 were on trade lanes that saw the largest declines in liftings.
31 Mar 2022
Bonded trucking services in and out of Shanghai’s Pudong have been suspended and most flights have been canceled, bringing operations at China’s busiest cargo airport to a standstill.
15 Feb 2022
Strong demand and constrained air freight capacity on the Asia-US trade lane has prompted Flexport to secure a strategic agreement to increase access to space on the trans-Pacific.
24 Jan 2022
Hong Kong-based container carrier OOCL saw significant increases in freight rates and per container revenues thanks to supply chain disruption across key origin and destination markets.
13 Jan 2022
Initially considered a temporary measure, some forwarders believe the shift from relying on fixed-price block space agreements with airlines to full charter operations has become permanent.
30 Dec 2021
An update to new COVID-19 quarantine rules in Hong Kong has prompted Cathay Pacific to halted long-haul freight flights, potentially exacerbating a supply crunch ahead of the Lunar New Year peak.
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