Drewry predicts in its latest Container Forecaster report that due to the impact of the epidemic, global freight costs will rise this year, and the annual profit of the container shipping industry will exceed US$100 billion for the first time. 　　 Drewry said that although the new crown virus pandemic has brought operational challenges to

The report “Global Freight Forwarding Market in 2021” released by Transport Intelligence (Ti), an industry intelligence analysis agency, shows that after the outbreak of the new crown epidemic, the global freight forwarding market has shrunk sharply in 2020 and is now entering a stage of recovery. 　　Ti expected 　　In 2020, the global freight forwarding market

Evergreen Shipping’s performance in the first quarter increased sharply, successfully turned losses, and made amazing profits. On May 7, Evergreen Shipping disclosed that its revenue in the first quarter was NT$89.95 billion (approximately 20.873 billion yuan), a significant increase from NT$64.69 billion in the fourth quarter of last year. Reached NT$32.17 billion (approximately RMB 7.465

“We are honored to be SpaceX’s ‘first choice port’, which will bring ‘great opportunities’ to the port.” According to Lloyd’s Daily, the Port of Long Beach on the West Coast of the United States recently stated that Space Explorations Technologies Corp (SpaceX) has leased 6.5 acres of land in the port for launching rockets on

With the successful escape of the stranded cargo ship “Long Give” recently, the Suez Canal in Egypt is gradually returning to normal traffic. Analysts believe that after the complete restoration of canal traffic, the identification of accident liability and compensation for damages will become the focus in the short term, while in the long term,

The economic trend remains unchanged Good volume growth year-on-year 　　 January “One Belt One Road” container shipping volume 　　 In 2021, facing the still complicated and severe foreign trade situation, China will continue to strengthen policy support and maintain policy continuity, stability and sustainability. In January, China’s foreign trade situation had a good start. The

The China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics released on January 31 the Purchasing Managers Index (PMI) of China’s Manufacturing Industry for January 2021 was 51.3%, a decrease of 0.6 percentage points from the previous month. 51% and above indicate that despite the local

Driven by strong demand for raw materials such as iron ore, the Baltic Dry Bulk Freight Index (BDI) rose for 8 consecutive days and hit a new high. 　　 Last Friday (January 8), the BDI index surged 10.91% to close at 1606 points, setting a new closing high since October 14, 2020. Over the past

In November, the comprehensive on-time rate index of global trunk routes was 34.99%, which is the lowest value since the statistics in 2019. Severe container shortage, terminal congestion, and the rebound of the new crown pneumonia epidemic are the main reasons for the record-on-duty rate index. It is worth noting that the month-on-month decline was

China News Service, Beijing, December 2 (Reporter Xia Bin) The reporter learned of the 2021 China and Asia Pacific Economic Development Trends Research Report from the Deutsche Bank Group (hereinafter referred to as “Deutsche Bank”) Asia Macro Research Team on the 2nd. It is estimated that by 2021, the overall economic growth rate of Asia