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Ranking the world's top 100 container liner companies by capacity, 16 Chinese liner companies made the list

2024-08-22

As of August 20, 2024, the number of container ships in operation worldwide totaled 7,049 (of which 6,260 are pure container ships and others are multi-purpose vessels), with a total capacity of 30.4936 million TEU, equivalent to approximately 361 mi

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Freight has been paralysed and there is a general rail strike in Canada today

2024-08-22

Canadian National Railway officially notified the Canadian Teamsters Union that the general strike will begin at midnight today (22nd) when a lockout ban is imposed on union workers. In a statement, the company said that if the labor conflict is not

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The European Union has unveiled a draft tariff on Chinese-made electric vehicles

2024-08-22

The European Commission disclosed a draft decision to impose final countervailing duties on pure electric vehicles imported from China, a small adjustment from the preliminary ruling published on July 4.

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More than 87,000 TEU were shipped from container to container

The volume of containers was 517,000 TEU, and the business volume of Shanghai sea-rail combined transport surged

2024-08-22

With the arrival of the summer peak, Shanghai Luchao Port Railway Container Center station sea-rail combined transport business has repeatedly reached a new high, in July completed the container delivery of more than 87,000 TEU, completed the deliver

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The two departments issued export controls on antimony

China implements export control on antimony and superhard materials related items

2024-08-22

The Ministry of Commerce and the General Administration of Customs issued the announcement of the implementation of export control of antimony and other items, China's control of rare earth and antimony and other resources, although these measures ma

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Yangming Marine declared general average

The shippers are out of luck. Yangming has declared general average

2024-08-21

Nine days after the YM Mobility explosion, Taiwan-based liner company Yangming declared general average. Cargo unloading and transshipment is being planned, and specific arrangements will be made according to the adjuster's notice.

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Cma CGM container ship lost nearly 100 containers in a storm

2024-08-21

CMA CGM Belem, a container ship owned by CMA CGM, lost up to 99 containers when a container stack collapsed due to bad weather while sailing off the coast of Richards Bay, South Africa.

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A rail strike in Canada is expected to cost billions of dollars

2024-08-21

Canada's two largest rail companies are scheduled to shut down on Thursday in a labor dispute that could halt rail freight and cost billions of dollars.

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ZIM posted revenue of $1.93 billion in the second quarter

2024-08-21

Thanks to a spike in spot freight rates caused by the Red Sea crisis, Star Line posted net income of $373m on revenues of $1.93bn (compared with a loss of $213m a year earlier), adjusted earnings before interest, tax, depreciation and amortisation of

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Walmart launched cross-border container shipping services from China to the United States for e-commerce customers

2024-08-21

Global retail giant Walmart has begun offering container shipping services to customers in the e-commerce sector. Currently, the service is only available to partners who produce goods in China and can ship full containers to selected ports, includin

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