Quick Reads Weekly Short Trade News From China

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Weekly Short Trade News From China

Maersk to Impose Peak Season Surcharge on China-Cambodia Route

Danish shipping giant Maersk announced it will impose a Peak Season Surcharge (PSS) on dry and refrigerated containers originating from eastern Chinese ports (including Shanghai, Ningbo, Xiamen, Fuzhou, and the Yangtze River region) and destined for Cambodia’s Sihanoukville Port. A surcharge of $500 per container will be applied to all types of dry and refrigerated containers, including 45-foot containers

Weekly Short Trade News From China

Amazon’s Canadian Distribution Center Begins Operations

Amazon recently announced the official start of operations at its new logistics distribution center in Cambridge, Ontario, Canada. The facility, covering 1 million square feet, began construction in 2022 and has started receiving goods and dispatching its first batch of packages. The center has already hired 250 employees and plans to recruit 1,000 more by the end of 2025, boosting the local economy.

Weekly Short Trade News From China

Canton Fair Phase Two: Green Trends Dominate, Appliance Brands Aim for Overseas Upgrade

1. State Administration of Foreign Exchange: The rise of the RMB is average globally, with a mild impact on imports and exports. 2. Guangdong’s foreign trade grew by 11.1% year-on-year in the first three quarters, reaching a record high for the same period. 3. 136th Canton Fair Phase One report: Over 130,000 overseas buyers attended in person, a 4.6% increase from the previous session.

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Quick Reads Weekly Short Trade News From China

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