News Center-Sungreen Logistics

The United States imposed a 200% tariff on China

Us imposes 200% tariffs on China, Ministry of Commerce responds

2025-01-20

The Office of the United States Trade Representative (USTR) released a Section 301 report on China's maritime, logistics, and shipbuilding industries, concluding that China's targeted dominance in these sectors is unjustified.

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U.S. intermodal traffic increased 1.8% over the same period in 2024

2025-01-17

According to the Association of American Railroads, traffic for the week ending Jan. 11, 2025, included 465,390 freight cars and intermodal vehicles, a 1.8 percent increase over the same week in 2024.

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The Red Sea route resumed due to the ceasefire

Ceasefire agreement reached. When will Red Sea routes resume?

2025-01-17

Will the ceasefire agreement prompt the Houthi armed forces to stop attacking commercial vessels, will liner companies return to the Red Sea, and will freight rates on Asia-Europe routes fall?

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Container traffic in Hong Kong hit a 28-year low

Hong Kong's container throughput hit a 28-year low, falling 4.9% for the year

2025-01-17

The Hong Kong Maritime and Port Board said it fell 4.9% to 13.69 million TEU for the full year, a 28-year low since 1996.

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The annual export volume of Shanghai's two major automobile foreign trade terminals exceeds 1.66 million

2025-01-17

In 2024, the total automobile exports of Haitong International Automobile Terminal in Shanghai Waigaoqiao Port Area and Nangang Terminal in Shanghai Free Trade Zone Lingang New Area exceeded 1.66 million units, an increase of 26.6 percent year-on-yea

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Kawa Shipping spent $1.76 billion to build the ship

Entering the new shipbuilding market, Kawa Shipping invested 1.76 billion yuan in shipbuilding

2025-01-17

Hong Kong-registered Kawa Shipping has recently decided to enter the new shipbuilding market, choosing Wuhu shipbuilding to order three 4800TEU Panamax container ships.

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Mr Trump set up the Foreign Revenue Service to collect tariffs

2025-01-17

U.S. President-elect Donald Trump has said he will create a new agency called the External Revenue Service, whose main function will be to collect duties, taxes and other revenue from foreign countries.

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The threat of a port strike has disappeared and freight rates are trending flat

2025-01-16

Trans-pacific container rates are leveling off as a result of an agreement to automate container handling at U.S. East Coast and Gulf Coast ports.

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Liner companies to return to the Red Sea

2025-01-16

A ceasefire in the war between Israel and Hamas has sparked speculation about when global container shipping routes will resume normal operations in the Red Sea.

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The U.S. Department of Defense put COSCO on a government blacklist

2025-01-16

The US Department of Defense suspects that three COSCO Shipping companies have been placed on a government blacklist for alleged links to the People's Liberation Army.

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