News
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This Southeast Asian country strictly controls imports and does not allow private settlements
The Central Bank of Myanmar issued a notice saying that it will further strengthen the supervision of import and export trade. The Central Bank of Myanmar’s notice shows that all import trade settlements, whether by sea or land, must go through the banking system. Import...Read more -
Global container freight in downturn
Global trade remained subdued in the second quarter, offset by continued weakness in North America and Europe, as China's post-pandemic rebound was slower than expected, foreign media reported. On a seasonally adjusted basis, trade volumes for February-April 2023 were no...Read more -
Door-to-Door Freight Specialists: Simplifying International Logistics
In today's globalized world, businesses rely heavily on efficient transportation and logistics services to succeed. From raw material procurement to product distribution, every step must be carefully planned and executed. This is where door to door freight shipping speci...Read more -
The drought continues! The Panama Canal will impose surcharges and strictly limit weight
According to CNN, much of Central America, including Panama, has suffered the "worst early disaster in 70 years" in recent months, causing the canal's water level to drop 5% below the five-year average , and the El Niño phenomenon may lead to further deterioration of the...Read more -
Hit the reset button! This year’s first return CHINA RAILWAY Express (Xiamen) train arrives
On May 28th, accompanied by the sound of sirens, the first CHINA RAILWAY Express (Xiamen) train to return this year arrived at Dongfu Station, Xiamen smoothly. The train carried 62 40-foot containers of goods departing from Solikamsk Station in Russia, entered through th...Read more -
Industry Observation | Why is the export of “three new” commodities in foreign trade so hot?
Since the beginning of this year, the "three new" products represented by electric passenger vehicles, lithium batteries, and solar batteries have grown rapidly. Data show that in the first four months of this year, China's "three new" products of electric passenger vehi...Read more -
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
