Currently, the two busiest container ports in the world are Hong Kong and Singapore each having handled in the first half of 2006, 11.4 million twenty-foot equivalent units. (TEU) Hong Kong’s spin is that Hong Kong’s are better than those of Singapore because for Hong Kong the growth rate is 6.6 percent, for Singapore 4.2 […]
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Market share doubles
According to a report in Xinhua the International Monetary Fund has forecast the market share of the logistics industry in China will rise to 1 trillion yuan ($US120 billion) by 2010, compared with 461.8 billion yuan ($US55.6 billion) in 1999. That doubling of value in ten years is not quite as impressive as it might […]
[photopress:ningpo_1.jpg,full,alignright]Ningbo Bonded Logistics Park opened April 11 and in the two months since opening foreign trade in the park has reached $6.93 million dollars. Cargo throughput was 3.906 thousand tons and there are now 30 enterprises dedicated to logistics with the park. Ningpo, a city of about 800,000 in the municipal area (the greater Ningpo […]
At the China Logistics Awards 2006 Hong Kong Air Cargo Terminals Limited (HACTLl) was named Air Cargo Terminal of the Year. These inaugural China Logistics Awards was organised by Freight Transport Buyer Asia and the China Federation of Logistics & Purchasing. Anthony Wong, Hactl’s Managing Director, said, ‘We are pleased to receive the Air Cargo […]