After the U.S. and China announced the “phase-one” trade agreement, a critical point remains in question: agricultural purchases. Bilateral trade is a significant part of the dispute between the world’s two largest economies, especially after both sides decided to break the negotiations into phases, rather than tackling a slew of American concerns, which range from…
RZD have begun a new container service, with a new connection between China and Germany. Connecting Yantai and Duisburg, the service initially will operate on a limited schedule, but RZD chief executive Vyacheslav Valentik expects it to become regular by the start of Q4. “Our cooperation with Yantai station is developing rapidly – just a…
June 26, 2019 /
The trade dispute between the US and China could have fewer ramifications across global container supply chains than initially thought. According to new research from Drewry, although the transpacific trade, particularly headhaul eastbound, is expected to be hit hard by the introduction of billions of dollars’ worth of new tariffs, the way China has established…
June 12, 2019 /
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing. U.S. President Donald Trump imposed the tariff increase on a$200 billion list of Chinese goods on May 10,…
China’s Belt and Road initiative (BRI) may have faced recent strong criticism from the EU, but that has not dented the growth in its exports to Europe. Chinese officials have claimed a 106% increase in the value of cargo travelling by rail from China to Europe, equating to some $33bn. Xiao Weiming, from the office of…
March 20, 2019 /
Increased speeds and falling costs could see the China-EU land bridge handle more freight, some 2m teu a year, while IMO 2020 has the opposite effect on sea freight. Head of Russian Railways Oleg Belozyorov told delegates at the International Railway Congress in Vienna that new projects would boost transit times and create a better service for shippers. “A…
The U.S. and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said. Chinese officials made clear in a series of…
The failure of the US and China to agree on trade at the weekend makes further tariffs on Chinese goods to the US seem increasingly likely. But while most economists agree that trade wars are ineffective and harmful, some players in the logistics industry are seeing opportunities – mostly in air freight, which typically benefits from chaos…
May 9, 2018 /
China plans to stop allowing the recycling of international ships at its yards as of the beginning of 2019. The decision comes on the back of China’s efforts to crack down on polluter and waste producing industries in the country, which have seen many yards denied their ship recycling licenses. The Chinese-flagged ships will be allowed to…
Supreme Freight Services LTD are excited to announce that we will be attending this years Canton Fair. (Also known as the China Import and Export Fair). Canton Fair is a comprehensive international trading event with the longest history, the largest scale, the most complete exhibit variety, the largest buyer attendance, the broadest distribution of buyers’…