Another blow for Hong Kong, as cross-border trucking comes under pressure again
Hong Kong faces another reduction in cross-border trucking with mainland China, while port operator Hutchison ...
No wonder Hong Kong has been losing ground in recent years to its rivals on the Chinese mainland. It is cost a Chinese exporter $333 per teu more to export his goods via Hong Kong than the nearby mainland port of Shenzhen, mainly as a result of higher terminal handling charges as well as more expensive trucking rates. The one advantage Hong King retains is the existence of China’s cabotage restrictions, which forbids foreign carriers transporting domestic cargo between two Chinese ports, and from which Hong Kong is exempt. Were that to change however…
Dock strike at Felixstowe 'inevitable', after last-ditch pay talks break down
China trade surplus under threat as peak season collapses and demand cools
More blank sailings on the cards as ocean spot rates continue to tumble
Shipping lines' move to become integrators 'a compliment' to air freight
New talks at ACAS a last-ditch bid to prevent disruptive strike at Felixstowe port
Rant radar: Here's the 'go to hell' message to forwarders
Port congestion driving more shippers to China-Europe rail and road options
Air cargo industry still eyeing a peak season, despite losing in-cabin capacity
Comment on this article