Subscribe to our free, weekly email newsletter!



China still calls the shots

image
By Patrick Burnson, Executive Editor
June 15, 2010

While we have observed that Southern California ports have gained market share in recent months due to a surge in Asian exports, it is worth noting that the outbound ocean cargo gateways in China are also thriving.

According the Paris-based consultancy, Alphaliner, container traffic through Chinese ports hit an all-time monthly high of 12.44 million 20-foot equivalent units (TEUs) in May as that country’s foreign trade jumped by nearly 50 percent from a year ago.

Indeed, the record volume was up 21.9 percent from May 2009 and 16.6 percent higher than the same month in 2008. Six of the top 10 ports booked record volumes, led by Ningbo which reported a 52 percent increase to 1.23 million TEUs. Shanghai, Guangzhou, Tianjin, Xiamen and Dalian also recorded all time high monthly traffic.

China’s exports rose 48.5 percent in May from a year ago and imports were up 48.3 percent, according to Chinese customs.

Analysts for Alphaliner stated that global container demand growth for 2010 willl hold steady at 11.5 percent, with slower second half growth offsetting the strong performance in the first six months of the year.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Factors such as rising freight rates, shrinking capacity, an increased desire for global supply chain visibility, have all worked together to drive the need for instituting a culture of continuous improvement in logistics operations and transportation management systems (TMS). To meet today's complex logistics challenges, managers are stepping into a more streamlined, automated approach to transportation management in order to function at optimal levels both domestically and internationally. Read the latest special report.

The Atlanta-based company said that it plans to hire between 90,000-to-95,000 seasonal employees, up from about 85,000 last year, to support “the anticipated holiday surge” for package deliveries commencing in October and running through January.

The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.

The World Shipping Council (WSC) released an update to its survey and estimate of containers lost at sea.

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.

Article Topics

Blogs · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA