News
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China-Central Asia Summit | “Era of Land Power” coming soon?
From May 18th to 19th, the China-Central Asia Summit will be held in Xi'an. In recent years, the interconnection between China and Central Asian countries has continued to deepen. Under the framework of the joint construction of the "Belt and Road", China-Central Asia ec...Read more -
The longest ever! German railway workers to stage 50-hour strike
According to reports, the German Railway and Transport Workers Union announced on the 11th that it will start a 50-hour railway strike later on the 14th, which may seriously affect the train traffic on Monday and Tuesday next week. As early as the end of March, the Germa...Read more -
There is a wave of peace in the Middle East, what is the direction of the economic structure?
Prior to this, under the mediation of China, Saudi Arabia, a major power in the Middle East, officially resumed diplomatic relations with Iran. Since then, the reconciliation process in the Middle East has been accelerated. ...Read more -
The freight rate has doubled to six times! Evergreen and Yangming raised GRI twice within a month
Evergreen and Yang Ming recently issued another notice: starting from May 1, GRI will be added to the Far East-North America route, and the freight rate is expected to increase by 60%. At present, all major container ships in the world are implementing the strat...Read more -
The market trend is not yet clear, how can the increase in freight rates in May be a foregone conclusion?
Since the second half of last year, sea freight has entered a downward range. Does the current rebound in freight rates mean that the recovery of the shipping industry can be expected? The market generally believes that as the peak season of summer is approachin...Read more -
Freight rates have risen for three consecutive weeks. Is the container market really ushering in spring?
The container shipping market, which has been falling all the way since last year, seems to have shown a significant improvement in March this year. In the past three weeks, container freight rates have risen continuously, and the Shanghai Containerized Freight Index (SC...Read more -
RCEP will come into force for the Philippines, what new changes will it bring to China?
Earlier this month, the Philippines formally deposited the instrument of ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) with the Secretary-General of ASEAN. According to RCEP regulations: the agreement will enter into force for the Phili...Read more -
After two days of continuous strikes, the workers in the West American ports are back.
We believe you have heard the news that after two days of continuous strikes, the workers in the West American ports are back. Workers from the ports of Los Angeles, California, and Long Beach on the west coast of the United States showed up on the evening of th...Read more -
Burst! The Ports of Los Angeles and Long Beach are closed due to labor shortages!
According to Senghor Logistics, at around 17:00 on the 6th of the local West of the United States, the largest container ports in the United States, Los Angeles and Long Beach, suddenly stopped operations. The strike happened suddenly, beyond the expectations of all the ...Read more -
Sea shipping is weak, freight forwarders lament, China Railway Express has become a new trend?
Recently, the situation of shipping trade has been frequent, and more and more shippers have shaken their trust in sea shipping. In the Belgian tax evasion incident a few days ago, many foreign trade companies were impacted by irregular freight forwarding companies, and ...Read more -
“World Supermarket” Yiwu has newly established foreign companies this year, an increase of 123% year-on-year
"World Supermarket" Yiwu ushered in accelerated influx of foreign capital. The reporter learned from the Market Supervision and Administration Bureau of Yiwu City, Zhejiang Province that as of mid-March, Yiwu had established 181 new foreign-funded companies this year, an...Read more -
The freight volume of China-Europe trains at Erlianhot Port in Inner Mongolia exceeded 10 million tons
According to Erlian Customs statistics, since the first China-Europe Railway Express opened in 2013, as of March this year, the cumulative cargo volume of China-Europe Railway Express through the Erlianhot Port has exceeded 10 million tons. In the p...Read more