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06/182024
China investigates EU po...
China has launched an anti-dumping investigation into pork and its by-products imported from the European Union, a move that appears to be mainly aimed at Spain, the Netherlands and Denmark in response to Beijing's restrictions on their electric vehicle exports.
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06/172024
Adding insult to injury!...
Currently, the Red Sea crisis is at a stalemate, while the latest SCFI freight index has risen for 10 consecutive weeks. Internal analysis of the shipping industry points out that the market situation still faces three major challenges: "port congestion" leads to cargo backlogs, "lack of containers" limits transportation capacity, and "full cabins" reflect strong transportation demand. Despite this, the improvement in demand this year has prompted clients to increase inventory, indicating that t
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06/142024
Freight rates will excee...
Spot freight rates continued to surge this week, sparking deep concerns among shippers about how high freight rates might rise, but no one can yet give a firm prediction on the exact upper limit of freight rates.
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06/132024
The first "local" domest...
At 17:30 on June 12, a China-Europe train loaded with 29 containers and 290 commercial vehicles departed from the Shaliang Logistics Park of China Railway Hohhot Bureau Group Co., Ltd. and headed for Moscow via the Alashankou Port in Xinjiang. This is the first "local" China-Europe train carrying domestically produced commercial vehicles newly opened in Inner Mongolia.
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06/122024
Breaking news! A fire br...
According to Malaysian media reports on the 8th, a fire broke out in containers containing various industrial goods at Pulau Indah, West Port Klang that afternoon. 14 containers were burned, but fortunately no one was injured or killed. The fire was not completely extinguished until the morning of the 9th. The fire department's preliminary investigation showed that the items in these containers included paper, iron, steel, pine wood, mineral materials, aluminum and washing machines. The cause of
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06/112024
The first China-Europe E...
Shanghai Customs revealed on the 9th that the first China-Europe Express (Shanghai) high-quality train departed from Minhang Railway Station on the 8th and headed for Neuss, Germany. The entire journey took 20 days.
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06/042024
Sea and rail container e...
China's container export market is currently experiencing a turbulent period of high freight rates. According to relevant data, the spot price of export containers has doubled compared to the beginning of 2024, and has increased by 50% in the past May.
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06/032024
The three major freight ...
Although container shipping companies have reaped rich rewards from the tight market brought about by the Red Sea crisis, their customers (including large logistics companies) have to deal with increasing freight delays and flight cancellations. The logistics director of a freight forwarding company said: "Capacity is under great pressure." Customers are encouraged to book space 3-4 weeks in advance.
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05/312024
The Zabaikalsk-Manchuria...
On the 15th of this month, Russian Railways (RZD) and China State Railway Group Co., Ltd. signed a comprehensive strategic cooperation agreement. According to Russian Railways, the agreement clearly states that both parties agree to accelerate the construction of the second railway trunk line project with a track gauge of 1435mm (standard gauge) at the Zabaikalsk-Manzhouli border port.
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05/292024
Breaking news! Three mor...
Following the Houthi armed forces' attacks on three ships in the Red Sea, the Arabian Sea and the Mediterranean Sea on May 24, Yemen's Houthi armed forces spokesman Yahya Saraiya announced on May 27 local time that three ships and two US destroyers were attacked that day.
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