News2021

At 23:35 on October 13th, the 75025 China-Europe Express train, loaded with 50 containers of decorative cloths, electric irons, tableware, mirrors and other materials, slowly departed from Wuwei South Railway Station and was reloaded at the Khorgos Port in Xinjiang. Departed and soon will arrive in ...

Ruscon launched a direct service from Jinan (China) to Vorsino. The route passes through Mongolia and stops in Kaluga region.According to the schedule, the company plans to send one train per month, however, over time, plans to increase the number of trains. Delivery on the new route took a total of...

German chemical industry association Verband der Chemischen Industrie (VCI) reports that the third strike of train drivers in Germany will exacerbate the shortage of materials for the chemical industry, where a fifth of companies have already reduced production.Germany's train drivers are go...

Official data showed on Wednesday, that South Korea's petrochemical exports hit a record-high of 81.5% year on year in August, at the same time maintaining the overall increase in shipments abroad.The country's total exports have increased by 34.9% year on year to $53.2 billion in Au...

Golden Week is well known in the logistics and supply chain, it happens every year in the first week of October and inevitably affects all local freight forwarders and their final customers' freight.October 1st is China's National Day, a week of celebrations will be carried out acros...

Copper prices fell more than 2% on Wednesday after data showed that manufacturing activities slowed in August in Europe and Asia. Production in China fell for the first time in nearly a year and a half.Copper for delivery in December dropped to 2.3% from Tuesday's estimated price, reached $4...

German automotive sector sentiments punged to the lowest level since April due to exacerbating supply chain blockages and a shortage of semiconductor chips, according to economic research institute ifo on Thursday.The institute’s index of automotive industry sentiment index fell nearly 30 points on ...

Copper sales in the Democratic Republic of Congo rose 10% in the first half of 2021 compared to the same period last year, while sales of cobalt rose 15%, the Mines Ministry said Tuesday.According to the ministry, exports and local sales of copper amounted to 871,956 tons, and sales of cobalt - 44,6...

On September 2, COSCO SHIPPING Holdings issued an announcement stating that it would order 10 container ships with a single-ship capacity of 16000 TEU.According to the announcement, the price of each container ship is US$157.58 million (equivalent to RMB 1.01923 billion), and the total price of 10 s...