#shanghai | ConnectGalaxy

12 w

Maersk has inaugurated its flagship logistics centre in Shanghai’s Lin-gang area, marking one of its largest global warehousing investments and reinforcing China’s growing influence on international trade. Built with an investment of over USD 140 million, the new facility spans 113,000 square metres and provides 147,000 square metres of storage space.

#maersk #logisticscentre #logistics #shanghai #lingang #china #internationaltrade

www.itln.in

Maersk opens major flagship logistics centre in Shanghai’s Lin-gang

Maersk invests over USD 140 million in a new omnichannel fulfilment hub to boost efficiency and global trade connectivity.

Comment

48 w

After plenty of volatility, last week was a relatively quieter period for global air freight, according to the latest data from TAC Index. The global Baltic Air Freight Index calculated by TAC was unchanged in the week to March 10, still ahead by +6.2 percent year-on-year.

#tacindex #balticairfreightindex #china #shanghai #hongkong #frankfurt #london #chicago #us #europe

www.stattimes.com

Air cargo market quiet but volumes, spot rates moving up: TAC Index

Out of China, trends were mixed – rates to the U.S. were rising but falling slightly on lanes to Europe.

Comment

49 w

Global air cargo spot rates from Shanghai to the U.S. declined -29% month-on-month to $3.23 per kg, according to the latest industry analysis by Xeneta.

#xeneta #ecommerce #deminimis #shanghai #aircargo #aircraft

www.stattimes.com

Slump in Shanghai spot rates indicator for e-commerce volumes

Global spot rate in February increased at its slowest pace YoY since June 2024, rising by +10% to $2.53 per kg.

Comment

2 yrs

With robust demand for Chinese exports, outbound Shanghai rallied 8.9% with strong gains both to Europe and U.S.

#tacindex #balticairfreightindex #chineseexports #shanghai #europe