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nimble approach of the freight forwarding industry in China. Despite slowing growth freight companyin 2008, it is worth noting that all the top 10 Chinese container ports still showed growth in throughput. Indeed, Lianyungang showed astounding growth of over 48 year on year. Those ports that experienced a slowdown, such as Shanghai and Shenzhen, have responded to the challenge by creating fresh strategies and freight companydemonstrated that innovation is still alive and kicking in the freight services industry in China. Author’s Resource BoxStephen Willis is Managing Director of RW Freight Services  a UK based freight transport company, established in 1971 and operating specialist freight services including specialist services for UK importers freight companyfrom China China S International Freight Industry Optimistic About The Future   Author : Stephen Willis Submitted : 2010-01-19 20:31:21    Word Count : 581    Popularity:   24 Tags:   Freight services, china import, china imports, shipping freight companycompanies, international freight, freight transport, freight forwarding, freight company, shipping company   Author RSS Feed Shipping freight companycompanies and the international freight sector in China continue to encounter the effects of the global economic gloom as they face the start of 2010. Massive declines in demand for China import goods from the Western economies in Europe and the United States have had a knock on effect right across the freight forwarding industry in China.  China s Ministry of Transport has estimated that container throughput at ports in China will have decreased by 7 in 2009. In the first 9 freight companymonths of 2009, China s ports handled just over 77 TEU, down 9 on the same period in the previous year. The impact has not been uniform, with some ports suffering worse than others. Year on year volumes at Shanghai, China s largest container port, fell 15 in the first nine months of the year and the second largest port, freight companyShenzhen saw an even steeper decline at over 20 . This was because nearly half of the freight forwarding boxes handled at Shenzhen are China import bound for Europe and this international freight business has been particularly badly hit by the global economic slowdown. Meanwhile, some of the coastal ports such as Quindao and Dalian suffered smaller declines in container traffic and some, such as Ningbo, Yingkou and Tianjin saw positive growth.  However, entering the New Year for 2010, the freight transport industry in China is optimistic about the prospects for the future. Spokespeople for shipping companies and freight companies operating in the China freight forwarding industry are predicting growth in 2010. This point of view is backed up by a recent report on international freight trends by Deutsche Bank which says that throughput in China should recover strongly during 2010.  The securities firm has raised its forecast for China s 2010 export growth to 10 as China import comes back in demand in Europe and the United States.  This optimistic forecast is reflected in the continuing development activity in relation to China imports. For example, a sixth container terminal is being built at Waigaqiao Port and is expected to become operational in 2010 with an annual capacity of over 2 M TEU and 730,000 vehicles.  This will help consolidate the extremely strong freight transport infrastructure in China and bolster the country s position as trade resumes, following the recovery of the world economy and the inevitable continued growth of China imports as there is more disposable income and credit available in Western economies.  The likely continued economic development of the Eastern European countries are also likely to provide a further market for China imports as is improved relations between China and Taiwan.  One of the optimistic pointers for future development of the freight forwarding infrastructure in China is the increasing amount of consolidation as smaller ports tie up with larger ports. For example, Ningbo and Zhoushan ports have merged and this has spurred Shanghai to take equity stakes in Chongquing, Wuhan and other ports on the upper reaches of the Yangtse. Meanwhile, in Northern China. Qingdao and Dalian are joining forces with neighbouring smaller ports. The aim of the consolidation is to tap the group s advantages.  In this way, the main players in the freight services infrastructure in China are laying the foundations for a bright future and the various shipping companies and freight companies that use the ports will stand to benefit. Author’s Resource BoxStephen Willis is Managing Director of RW Freight Services  a UK based freight transport company, established in 1971 and operating specialist freight services to and from China Choose A Shipping Company For Shipping Hazardous Materials   Author : Christine RichWuhan and othe http://www.gfsforwarding.com/