Author: Sheng Mou

U.S. East and Gulf Coasts See Increase in Asian Imports

In the first four months of 2017, the ports of the South and Mid-Atlantic regions of the United States have experienced an increased share of container imports from the Asian market. This recent trend is believed to continue growing as vessels with capacities of 14,000 TEU will have access to the East Coast’s major gateways in the summer of 2017. The growth of these Southern ports and their respective populations, however, is coming at the expense of two of the largest gateways in the country: Los Angeles-Long Beach and New York-New Jersey. This can be seen in the growth...

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The New Silk Road

China is ready to continue its global leadership role. While China is a country always driven by its own national interests, its global initiatives, such as One Belt One Road, has the potential to ignite global economic growth and create developmental dividends for all associated countries within this infrastructure. The One Belt One Road initiative, launched in 2013, is the centerpiece of China’s economic diplomacy, connecting Asia, Africa, and Europe along five different routes. The initiative incorporates 60 countries along a new Silk Road, and has started to gain traction as China’s most important strategic initiative. What China yearns to...

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Gate Automation Plans are Paying Huge Dividends for Indian Ports

The majority of India’s container trades via major ports goes through the Jawaharlal Nehru Port Trust. In 2016, this Indian Port Trust had mixed results, however, it is poised to benefit from some major efficiency improvements. The largest of these improvements was made by digitizing several processes and upgrading the overall infrastructure of the Jawaharlal Nehru Port Trust. Port statistics reveal that the JNPT experienced a slight .7 percent jump in output of twenty foot equivalent units to a total of 4.5 million for 2016. With the introduction of gate automation, however, the JNPT anticipates that congestion will be...

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How Can We Avoid Another Hanjin Meltdown?

The after-effects of the Hanjin bankruptcy have settled in throughout the logistics world. Former customers still have concerns about how they can obtain containers that have been stranded on Hanjin vessels. Some have gone as far as hiring lawyers in an attempt to get back their possessions. Despite this valley in the logistics market, the worst is probably economically behind the logistics world according to economists, and a period of financial stability is anticipated to take place. When hearing that the top twenty carriers in the world lost approximately $4 billion so far this year alone, it is hard...

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China’s Belt and Road Strategy Reaches $1.2 Trillion in Spending on Infrastructure

Ever since 2013, the Belt and Road Initiative in China has been gaining great attention. In an attempt to stabilize their own economy as well as the global economy, China’s Belt and Road Initiative has proposed an innovative mode of cooperation that is expected to stimulate trade and money flow between countries. You might ask how China can single-handedly spark the economic growth of the world, but when you realize that they contributed over 30 percent of the global economic growth last year, you begin to see this task as achievable. By increasing connectivity to other countries throughout the...

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