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Chinese company invests in lobster storage facility at Halifax airport
IF ever there was proof lobster is king of Nova Scotia seafood, it's the new US$36-million freight facility at Halifax Stanfield...
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Once high-flying Chinese tech giants are now looking to scale back costs
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s...
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China ports handle 169m TEU from January to July, Shanghai still leading
PORTS across China moved a total of 168.7 million TEU from January to July, an increase of 4.2 per cent compared to the same period in...
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Asia-Pacific Logistics Rents To Remain Elevated for the Rest of 2022
Rent in logistics warehouses across Asia-Pacific is expected to remain elevated throughout the rest of the year amid continued strong...
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China's Air Cargo Traffic 'Back to Normal'
China's air cargo traffic has returned to normal recently after posting a V-shape recovery in the first half of this year, the state...
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Los Angeles Port breaks another container record in July
The Port of Los Angeles (POLA) processed an estimated 935,345 TEU in July, breaking the previous record set in 2019 by 2.5%. The...
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Port of Hamburg moves 4.4 million TEU in 2022 first half
Port of Hamburg is the only major port in the European north range to report a container volume increase during the first half of 2022,...
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Cainiao Promises More Doorstep Deliveries in Year Ahead Across China
Alibaba Group’s logistics arm Cainiao Network vowed to increase end-to-end delivery fulfilment in the year ahead across China at an...
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Yantian container throughput up nearly 10pc during Jan-Jul
CONTAINER volume at South China's Yantian port was 8.259 million TEU for the first seven months of this year, increasing 9.6 per cent...
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EXW vs FOB vs DDP - Incoterms
When importing from China, it is common to come across commonly used incoterms (International Commercial Terms) such as EXW, FOB and DDP....
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Erenhot port handles 10,000 China-Europe freight trains
THE port of Erenhot, in north China's Inner Mongolia Autonomous Region, has logged 10,000 China-Europe freight trains since the service...
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Cathay Pacific 'cautiously optimistic' about winter cargo volume
HONG Kong's Cathay Pacific says its "cautiously optimistic" about a solid seasonal winter peak season for cargo, but expects it to be...
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Long Beach tops July volume record by 0.13pc to 785,843 TEU
THE Port of Long Beach had its busiest July on record having lifted 785,843 TEU, just topping the July record set last year by 0.13 per...
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Ningbo-Zhoushan container volume passes 20 million TEU
CONTAINER volume at Ningbo-Zhoushan port has exceeded 20 million TEU in under seven months, 22 days ahead of last year's record date,...
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Online retail giant Alibaba posts first sales drop since 2014
CHINESE online retail giant Alibaba's quarterly revenue has fallen for the first time since its 2014 New York listing after the company...
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Cosco and Dalian develop tankers with carbon capture tech
Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC) and Cosco Shipping Energy...
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Port of Shanghai handles record number of containers in July
ICTSI profit up 50pc to US$294 million, sales rise 20pc MANILA's International Container Terminal Services Inc (ICTSI) posted a first...
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Maersk fears weakening demand as warehouses fill up
DANISH shipping giant Maersk said it expects a slowdown in global shipping container demand in 2022 as consumer confidence weakens,...
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MSC, TIL plan US$6b deal for Vietnam's largest port in Can Gio
MEDITERRANEAN Shipping Co's (MSC) operating subsidiary Terminal Investment Limited (TIL) has outlined plans for a US$6 billion deal with...
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Carriers still ordering new boxes despite glut in the market
LINER operators and container lessors have rushed to build new boxes, as freight rates rocketed to historical highs in the past two...
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