China¡¯s pet market will hit 811.4 billion yuan in 2025, driven by young consumers and upgraded demands. Chinese brands expand globally via global production, cross-border e-commerce, and localization, targeting key markets like NA, Europe, SEA.
Last week, the export container shipping market remained generally stable, with freight rates showing divergent trends across routes. North American routes saw significant declines, European routes rose by 7.1%, and Mediterranean routes remained flat.The newly released Shanghai Export Containerized
Large container ships (e.g., CMA CGM BENJAMIN FRANKLIN) have begun returning to the Suez Canal as Red Sea tensions ease. The SCA¡¯s incentives restored 28 sailings, but shipping risks remain amid ongoing need for assurances.
South Korea¡¯s WeMakePrice and cross-border platform Wish have collapsed¡ªburdened with debt and trust crises. Their fall signals e-commerce¡¯s shift to stock competition, where cash flow, user value, and operational efficiency are key.
Belgium will face a 72-hour railway strike (Nov 24-26), its most disruptive since 2022. Time-sensitive goods may reroute, lifting logistics costs by 30%. Shippers/freight forwarders should check schedules.
Hapag-Lloyd has announced a new Peak Season Surcharge (PSS) for cargo transported from Asia and Oceania to the Port of Mombasa in Kenya and the Port of Dar es Salaam in Tanzania.
Shipping rates have experienced a rise followed by a fall in just one month, showing an overall downward trend throughout the year. The recent suspension of the China-US trade war is a positive signal, but will it suddenly inject more vitality into the demand for shipping containers in trans-Pacific
In Jan-Oct 2025, China's goods trade hit 37.31 trillion yuan (+3.6% YoY), with exports up 6.2% and imports stable. ASEAN/EU trade grew; integrated circuits, auto exports surged.
Recently, Ocean Network Express (ONE) announced the upgrade of its intra-Asia route KCS, adding a call at Haiphong Port in Vietnam.The port rotation of the upgraded KCS route is: Busan - Shanghai - Xiamen - Singapore - Port Klang - Laem Chabang - Haiphong - Shekou - Busan.Regarding this upgrade, ONE
Hundreds of Chittagong workers held a hunger strike against leasing NCT terminal to DP World. Supported by SKOP and BOGSOA, they warn of national strikes. The plan, once for modernization, becomes a political transition conflict.
