UPS and SF Express partner to grow China-US courier business

SF Express is the market leading courier firm in China. Credit: SF Express The world’s largest express company and China’s market leader in the express sector are joining forces on the China-US trade to tap into the rapidly growing mainland consumer demand for international delivery.UPS and Shenzhen-listed SF Holdings, the parent… Journal of Commerce | International Logistics

Trans-Pac spot rates slide into Memorial Day weekend

Trans-Pacific spot rates continue to sink. Spot rates in the eastbound Pacific dropped for the fourth straight week, bringing rates from Shanghai to the East Coast 15 percent lower than the 2017 peak in late April, and down 21 percent on routing to the West Coast. The average spot rate this week… Journal of Commerce | International Logistics creates Shaanxi province drone network

A package takes to the skies in China’s Shaanxi Province. Credit: The largest retailer in China, online or offline, is setting up a low-altitude drone logistics network spanning the entire province of Shaanxi in a move that it believes will revolutionise the shipment of cargo on unmanned aviation systems.The… Journal of Commerce | International Logistics

Overcapacity blamed for suppressing intra-Asia rates

Tan Cang Cai Mep International Terminal in Vietnam. Credit: TCIT Container trade within Asia in the first quarter jumped by 23.5 percent year-over-year to reach 10.8 million TEU after zero growth in 2016, but the rapid growth was not reflected in freight rates.Average intra-Asia spot rates are just beginning to show… Journal of Commerce | International Logistics

Nippon Express doubles down on China-Europe rail

Nippon Express is the latest international logistics company to sense opportunity in rail services between China and Europe. Nippon Express, Japan’s top international freight forwarder, significantly expanded its cross-border rail transportation services between China and Europe on Monday. The company’s full containerload (FCL) and less-than-containerload (LCL) services, previously limited to Wuhan and… Journal of Commerce | International Logistics

US containerized export growth decelerates

Low container shipping rates have helped offset the impact of a strong dollar for US exporters. US containerized export growth decelerated quarter to quarter in the first three months of 2017, but rose 4.6 percent year over year, as demand offset a strong US dollar. Quarter to quarter, US containerized exports contracted… Journal of Commerce | International Logistics

Customs closes key US-Mexico border bridge

An image of the damage sustained at the World Trade International Bridge border crossing. Credit: Omar S. Gonzalez. Shippers moving cargo between the US and Mexico through the Laredo border crossing can expect delays after authorities on both sides of the border closed the largest US-Mexico truck crossing point there due… Journal of Commerce | International Logistics

Container shipping has hit tech tipping point, INTTRA says

The industry is about to enter a new phase where data analytics will play a key part, according to INTTRA. The pace of technology innovation in the container shipping industry is accelerating as businesses seek new and more efficient ways to operate, and it is transforming the industry, according to research… Journal of Commerce | International Logistics

Largest ship to visit US East Coast highlights port infrastructure needs

The Cosco Development at the Garden City Terminal in the port of Savannah on May 11. The largest container ship to ever call the US East Coast arrived and departed without a hitch. But if the 13,092-TEU Cosco Development was a sign that its ports of call — Charleston, Savannah, and… Journal of Commerce | Regulation & Policy

Radical shift in Asia sourcing pressures factories

Smaller orders and faster delivery requirements are testing Asia’s factories. Credit: Nike Factories across Asia are trying to cope with shrinking order sizes and regional demand that is creating a radical shift in a business model that has been operating for decades, according to a new report on the apparel and… Journal of Commerce | International Logistics