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Posts tagged with "US China trade war"

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Container shipping feels growing pressure from trade war, falling Asian exports—BIMCO

Dec. 2 | In the first nine months of the year global container volumes rose 1% to 126.3 million TEUs, up just 1.3 million TEUs from the corresponding level in 2018 when growth was 3.8%, or an additional 4.6 million TEUs, as the effects of the trade war kick in,...

Trade war leads to contraction of global forwarding market in H1

Trade war leads to contraction of global forwarding market in H1

Nov. 27 | The trade war between the US and China is pointed to as one of the major causes for the global freight forwarding market contracting in the first half of 2019, and there is fear the market could contract at its worst level in a decade, according to a...

Air freight forwarding volumes fell 4.2% in H1—Ti report

Air freight forwarding volumes fell 4.2% in H1—Ti report

Nov. 1 | The global air freight forwarding market contracted 4.2% year-on-year in the first half of 2019, with the market reeling from the economic slowdown and US-China trade war, according to a Transport Intelligence (Ti) report. The report also projects full-year...

Asia Pacific air freight contracts 5.4% in June, 7.4% in H1—IATA

Asia Pacific air freight contracts 5.4% in June, 7.4% in H1—IATA

Aug. 10 | Global air freight demand decreased by 4.8% in June 2019 compared to the same period in 2018, marking the eighth consecutive month of year-on-year decline in freight volumes, according to data released by the International Air Transport Association (IATA)....

Air cargo down nearly 9% in June and 5% in H1

Air cargo down nearly 9% in June and 5% in H1

Aug. 7 | Cargo transported by airlines fell almost 9% in June year-on-year, further widening the gap between the first half of 2019 and the same period in 2018, according to the latest data from WorldACD. In June, air cargo volume contracted 8.9% year-over-year...

Asia air freight feels US-China trade war pressure

Asia air freight feels US-China trade war pressure

May. 27 | The intensifying U.S.-China trade war has been putting pressure on the air freight industry, particularly in the Asia-Pacific region, as global volumes continued to decline in March, according to data from Airports Council International (ACI) World. ACI...

Container rates fall for all major corridors in  April—Xeneta

Container rates fall for all major corridors in April—Xeneta

May. 6 | The latest XSI® Public Indices shows that container shipping rates declined by 4.2% in April to 104.45 points after two months of steady increases, said Xeneta in its latest report. Xeneta said the April fall in long-term contracted rates for containership...

ASEAN firms stand to gain from trade war if they act now—trade and customs expert

ASEAN firms stand to gain from trade war if they act now—trade and customs expert

Dec. 3 | Angelia Chew, co-founder and managing partner of Singapore-based AC Trade Advisory, at the recent seminar on “Managing International Trade in the Philippines and Beyond in Asia Pacific” organized by PortCalls and Asia Customs & Trade. The...

Air cargo volume bounces back, led by Asia-Pacific

Air cargo volume bounces back, led by Asia-Pacific

Dec. 3 | Worldwide air cargo volume recorded a small year-on-year growth in October of 2.0% after declining in September, with Asia-Pacific posting the best outgoing and incoming growth rates, according to the latest figures from WorldACD. Asia-Pacific registered...

Bimco identifies trade lane, cargoes at stake in a trade war

Bimco identifies trade lane, cargoes at stake in a trade war

May. 9 | The Baltic and International Maritime Council (Bimco) says the fronthaul leg of the transpacific voyage is the trade lane that needs the most watching, and identifies the top commodities to monitor in the trade tiff between the U.S. and China. “The...