Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...
Tags: coal, coal demand
Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...
Crowned as “the Milestone of China Auto Industry” by the Ministry of Industry and Information Technology, China Commercial Vehicles Show (CCVS) has gained great success in its second edition in 2013. The third edition of CCVS ...
Tags: Commercial Vehicles Show, freight market, Transportation
China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
The thermal coal Panamax freight market on Thursday lost some of the last week's bullishness as firm cargoes eluded the market, sources said Thursday. The coal freight market from Indonesia to India was quiet, market sources said, with ...
Tags: Thermal Coal, coal freight rate
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner
Fuel ethanol traders have swamped the freight market with inquiries for westbound transatlantic rates as multi-year low prices in Rotterdam have prompted interest in exports to Brazil, where stocks could fall to razor-thin levels before the ...
Tags: Ethanol Exports, Chemicals
Air freight markets stabilised in September, after an extended period of slow increase. Global freight tonne kilometres were up 0.5% in September year-on-year, a slowdown on the 3.4% growth in August, and there was no increase in volumes ...
Tags: Global Market Transport, Service, Transport
The third-quarter Transport Capital Partners survey reveals more U.S. carriers are expecting to see volumes and rates grow over the coming months. In this quarter's survey, more carriers are expressing optimism for increases in volumes ...
Tags: Transportation, Auto Parts
Prices drifted sideways in the delivered South China cargo market for thermal coal Friday in the absence of any significant buying interest from China, and sellers pondered the next move in a buoyant freight market, market sources said. ...
Tags: Coal, Metallurgy, Mineral, Energy
The Clover, S.C.-based Synthetic Yarn and Fiber Association (SYFA) will hold its 2013 Fall Conference, titled "Resurgence of Textiles Back in the Region," September 26-27 at the Sheraton Airport Hotel in Charlotte. "After many struggles ...
Tags: Textile