Less than Container Load (LCL) is where cargo from multiple customers is loaded together in the same container. Although the concept is the same as groupage, the term LCL is generally used on Ocean freight movements, whilst groupage is used on road freight and ferry operations.
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Shrimp imports to China fall 49% in August
Imports into China of frozen warm water shrimps fell by 49% in August compared with July. Traces of the coronavirus were found on imported shrimp packages. The total value of imports fell by over 50%.
EU companies selling surveillance tools to China
A human rights organisation has found that three companies based in France, Sweden and the Netherlands exported digital surveillance systems, such as facial recognition technology and network cameras, to operators of mass surveillance apparatus in China. In some cases, the ...Read More
Tags: China, exports, France, Netherlands, Sweden
Government to promote fruit drinks exports uplifting local farmer
The Chairman of the Presidential Task Force on Economic Revival in Sri Lanka is encouraging fruit drink manufacturers to increase production. He proposes to reduce products tax to encourage the export of their products. Fruit and vegetable juices are in ...Read More
Tags: exports
Asia shipping industry helped by on-line shopping
There has been an online home-shopping boom in the USA, which has caused transpacific sea freight rates to increase to the highest on record. This is helping the container shipping industry in Asia, which suffered a downturn when world trade ...Read More
Tags: freight, Seafreight, shipping
