Category Archives for Industry News

Better market access helps drive Chinese e-commerce splurge By the end of this year, 15 percent of China’s digital shoppers will buy their online goods from overseas merchants and by… Better market access helps drive Chinese e-commerce splurge Journal of Commerce

Funding for logistics tech sector rises as market searches for efficiency The complex logistics networks that underpin the global supply chain continue to evolve and the need for technology and data has never been greater with activity in the logistics tech sector increasing sharply this year.If funding is the oxygen of a tech start-up, many […]

Container shipping rates forecast to rise, but not enough to stop liner losses Ocean container freight rates are set to rise “modestly” over the coming 18 months from recent all-time lows, but not enough to rescue the industry from “substantial” losses in 2016, according to Drewry… Container shipping rates forecast to rise, but not enough […]

Russian exporters breeze through early days of SOLAS rule Russian container terminals and exporters didn’t experience any disruption tied to the new SOLAS container weight rule that took effect Friday. Terminal operators and container line Fesco credited the overhauling of IT systems before… Russian exporters breeze through early days of SOLAS rule Journal of Commerce

Apparel trade sewing up South Asia transshipment business The continuing growth of the apparel industry will be key to future gateway traffic and transshipment volumes for South Asia, where in the first quarter container throughput rose 5.3 percent, higher than… Apparel trade sewing up South Asia transshipment business Journal of Commerce

Investors jump in to Japan warehouse development sector Investment continues to pour into Japan’s undersupplied warehouse sector, driven by demand from third party logistics providers and the need for modern facilities to support fast growing e-commerce.Ping An Real Estate, the asset management arm of China’s Ping An Insurance, has committed $300 million in a Japanese […]

US exporters sail through first day of new SOLAS rule U.S. exporters’ first day under the new requirements for providing container weights was reminiscent of the feared Y2K computer… US exporters sail through first day of new SOLAS rule Journal of Commerce

Global SOLAS disruption minimal, but shipper frustration over fees intensifies Shippers, terminal operators, drayage drivers and container lines around the world sighed a breath of relief as the Friday rollout of the SOLAS container rule brought few disruptions,… Global SOLAS disruption minimal, but shipper frustration over fees intensifies Journal of Commerce

Eastbound trans-Pacific spot rates jump at highest clip in months Spot rates in the eastbound trans-Pacific this week took their biggest jump in months, with the rate to the West Coast increasing 60 percent over last week to $1,209 per 40-foot-equivalent… Eastbound trans-Pacific spot rates jump at highest clip in months Journal of Commerce

No SOLAS disruption across North Europe waterfront LONDON — There are no reports of disruption at Europe’s three largest container ports Friday as a new international regulation requiring the weight of an export container to be verified before it can be loaded onto… No SOLAS disruption across North Europe waterfront Journal of Commerce