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- Release on2020-10-23
- U.S. Secretary of Transportation Elaine Chao announced that the U.S. government will provide more than $220 million to 15 U.S. states and territories to improve port facilities through the Maritime Administration's Port Infrastructure Development Prog...Read More>>
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- Release on2020-10-23
- Growth is likely to slow after an extended season for container shipping, which is likely to yield handsome profits. The COVID-19 outbreak was initially seen as a threat to container transport, but changes in the market have allowed...Read More>>
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- Release on2020-10-23
- athay Pacific Group is to close its Asian subsidiary, Cathay Dragon. Another 8,500 jobs, or 24 per cent of the total, will be cut, including 5,300 staff based in Hong Kong;Another 600 non-resident staff could be affected;Recruitment...Read More>>
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- Release on2020-10-22
- At present, the United States, Canada and the United Kingdom three countries are soaring freight, relatively serious container shortage. It is reported that at present, the ports of long beach and Los Angeles are extremely congested, and the destinat...Read More>>
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- Release on2020-10-22
- Currently, China-US freight rates are still rising! According to the latest data, the freight rate of the East US route has broken through USD 5000/FEU. A trade official said: "I didn't expect that the shipping schedule to the United State...Read More>>
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- Release on2020-10-20
- After three times of deliberation, the 22nd session of the 13th NPC Standing Committee voted and passed the export control law of the people's Republic of China on October 17, which will come into force on December 1, 2020. Export control refers ...Read More>>
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- Release on2020-10-19
- TT Club & BSI, a mutual insurance association that provides liability insurance and risk management services to companies, recently released a report stating that in the context of the new crown pneumonia pandemic, blockade measures and economic reces...Read More>>
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- Release on2020-10-17
- The speech that President Xi Jinping delivered in the gathering marking the 40th anniversary of the Shenzhen Special Economic Zone on Wednesday has met with warm responses from many audiences from all walks of life. Lu Jianxin, chief engineer of China ...Read More>>
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- Release on2020-10-17
- Global trade in goods is expected to fall 9.2 per cent from 2019, compared with a 12.9 per cent decline forecast in April, according to the revised wto forecast released in Geneva on Tuesday. But the WTO also said it expected global trade to ...Read More>>
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- Release on2020-10-17
- APL announced in April that it would soon exit the Indian subcontinent, the Middle East and Latin America, and would serve only transpacific routes.APL pulled out of Asia-Europe and trans-Atlantic routes last October and Oceania in January, while its offs...Read More>>
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- Release on2020-10-16
- Maersk Group Said on Tuesday that global demand was recovering faster than expected and raised its earnings forecast, but also announced plans to cut 2,000 jobs as it seeks to streamline processes and cut costs, Reuters reported.S renSkou, Maersk's ch...Read More>>
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- Release on2020-10-16
- The World Trade Organization issued an arbitration ruling on the 13th, allowing the European Union to impose tariffs and other penalties on US goods and services totaling approximately US$3.99 billion on the grounds that the US illegally subsidized aircra...Read More>>
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- Covering 99% of imported goods, new US tariffs are coming
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- The peak season was overdrawn in advance, and the market was rushed out of the market
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- US-Western freight rates plummeted 21% this month, SCFI fell for two consecutive weeks, and the rush for shipments cooled down.
- Plunged 92%, Chinese sellers retreated from Europe
- SOC container shipping agent from Shenzhen to La New York USA
- For under-reporting and concealing the falsified country of origin, freight forwarders and customs brokers may be held criminally liable and may be imprisoned for up to 20 years.
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