Freshippo has opened its biggest supply chain center in Shanghai
Ocado launches first robotic warehouse in Asia with Aeon British online supermarket and technology group Ocado said its first robotic warehouse in Asia, built for Japanese partner Aeon, has gone

SCFI drops again as Transpacific overcapacity overrides labour disruptions
The Shanghai Containerised Freight Index (SCFI) slipped again on 9 June as weak utilisation on the Transpacific saw liner operators cutting rates on both the US West Coast and East Coast routes,

US-China trade rates spike as transatlantic rates drop
A string of General Rate Increases (GRI) starting in March-April hasn't helped the container spot rates. The Shanghai Composite Index which had a momentary upside to US$1,028 slipped back to,979

Container spot rates remain high despite weaker supply/demand balance
In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of the

Container freight rates hit a speed bump
The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four weeks of rising or stable rates,

MSC receives largest container ship in the world
Shanghai-based Hudong-Zhonghua Shipbuilding (Group) built and delivered the largest container vessel in the world to Mediterranean Shipping Company (MSC). MSC Tessa has a container capacity of

Spot rates for Shanghai container exports fall on all routes
Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the

Cosco opens sea and air logistics center in Guangzhou
China’s Cosco Shipping has opened a sea and air logistics center in Guangzhou Airport’s economic zone. The facility is to include warehousing, logistics, e-commerce and other value-added

Weak demand leads to build up of containers in Chinese ports
According to the data released by the Shanghai Shipping Exchange on 11 February, the recovery of Chinese exports after the Chinese New Year holiday has not been satisfactory. This has had a

Maersk starts work on $150 million logistics warehouse project in Shanghai
Maersk held a ground breaking ceremony on Tuesday for its 1-billion-yuan ($150 million) integrated logistics warehouse project in Shanghai, as the company puts more emphasis on the booming Chinese