News Center-Sungreen Logistics

Union Pacific's fourth-quarter profit rose 7%

2025-01-24

Union Pacific reported net income of $1.8 billion for the fourth quarter of 2024, up from $1.7 billion a year earlier, as higher rail freight volumes fueled record profits.

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Tianjin Port opened a new route for foreign trade exports to Mexico

2025-01-24

More than 500 domestic brand goods vehicles sailed from the ro-RO terminal company to Mexico, marking the opening of a new route for foreign trade export to Mexico at Tianjin Port.

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The crew of the Galaxy Leader has finally been freed after being held captive for 430 days

2025-01-24

The Houthis in Yemen have announced the release of the 25 crew members of the Galaxy Leader, which they had been holding captive. The decision was made through mediation between Oman and Hamas in support of a ceasefire in Gaza.

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Freight rates are expected to bottom out in late March and early April

Freight rates continue to decline and are expected to bottom out in late March and early April

2025-01-24

The large container shipping companies of the shipping Alliance have recently notified the adjustment of the actual price of the United States West, United States East and Europe lines - the ratio of long contract price and spot price.

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Hundreds of boxes of Chinese exports are waiting to be processed

2025-01-23

Russian authorities appear to be checking every container for these restricted shipments, resulting in a backlog of hundreds of boxes waiting to be processed.

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Intermodal transport performed well, with a 27% increase in traffic year-on-year

2025-01-23

The intermodal rail market soared in the third week of January, with volumes up 27 per cent year on year, helped by easier year-on-year comparisons during a typically weak seasonal period.

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Maersk charter ships at high prices to ensure the capacity of Gemini

2025-01-23

Maersk Line continues to pay top dollar to secure capacity on Gemini Cooperation's intra-Asia route, which will start next month.

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Maersk ranked first in global on-time performance in November 2024

2025-01-23

In November 2024, Maersk continued to maintain the highest punctuality rate in the global containerization industry, with its punctuality rate reaching 61.9%, leading the world's top 13 shipping companies.

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Houthi forces stop attacks on non-Israeli ships

Houthi militants stop attacks on non-Israeli ships, ship companies say

2025-01-23

The Humanitarian Operations Coordination Center (HOCC), established by the Houthis, issued a statement saying it would stop attacks on non-Israeli ships, and some shipping companies have responded.

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The Foreign Ministry responded to the US imposition of 25% tariffs on Chinese goods

25% tariff on Chinese goods, Foreign Ministry responds

2025-01-23

The Foreign Ministry has responded to US President Donald Trump's decision to impose a 25 percent tariff on Chinese exports to the United States as early as February 1.

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