The crushing debt burden of the Ministry of Railways has compelled Beijing to impose the biggest rise in rail freight tariffs in a decade. Although that may be bad news for freighters, it came as...
- Wed
- May 22, 2013
- Updated: 1:36am
Trending topics
Hong Kong and mainland exporters face a massive increase in the cost of shipping their goods to North America during the summer peak.
Pacific Basin Shipping, which specialises in shipping dry bulk cargo and towage, is facing a weaker dry cargo market this year with lower rates overall compared with last year, senior executives...
Transpacific container lines could see a better-than-expected end to the year as an increase in cargo demand and cuts in shipping capacity combine to lift overall revenues, shipping companies said...
Sinotrans Shipping's share price rose 5.2 per cent yesterday after it reported a better-than-expected net profit of US$55.22 million for the first six months of the year.
Transporting goods is an unpredictable business. Bad weather and unfortunate accidents may prevent items from arriving on time at the correct location, and in good condition.
The mainland's tighter controls on bank lending will have a negative impact on the dry bulk shipping markets as spending on real estate and infrastructure slows, according to a leading Hong Kong...
The global shipping industry faces mixed fortunes over the next few years as a record number of deliveries of dry bulk ships outpace the growth in iron ore and coal demand, according to an...
Rising demand for fuel spurs move to lift cargo capacity
Until recently, the Ministry of Railways (MOR) had almost no dedicated logistics services. This high-margin niche in the market was dominated by private companies paying to get goods or parcels...
Powerful ministry says lines must dump cartel-like system as handling fees are ruled part of freight rate
Executives from the world's leading shipping lines have scheduled huge increases in freight rates for next year, signalling their confidence the wave of manufactured goods from the mainland will...
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