News
  • Cross-border e-commerce has accelerated the pace of Chinese products going overseas

    Cross-border e-commerce has accelerated the pace of Chinese products going overseas

    Not long ago, a set of data released by South Korea’s statistical department caused wide concern: in 2023, South Korea’s imports from China’s cross-border e-commerce surged by 121.2% year-on-year. For the first time, China has surpassed the United States to become the largest so...
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  • In the face! Maersk suddenly announced…

    In the face! Maersk suddenly announced…

    Maersk CEO Vincent Clerc unexpectedly announced his interest in acquiring German freight forwarder DB Schenker, saying, “It’s not necessarily the most likely outcome, but it’s something we need to look into.”   The news caused widespread concern in the industry, as Ma...
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  • International observation: In 2024, the global long-staple cotton area or a relatively large rebound

    International observation: In 2024, the global long-staple cotton area or a relatively large rebound

    According to the latest forecast of the National Cotton Association of the United States (NCC), the planting area of long-staple cotton in the United States in 2024 is about 202,000 acres, an increase of 37.7%, using the average yield of long-staple cotton for nearly ten years, the total output o...
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  • Concern: Zheng cotton after the holiday to make up traders to seize the market

    Concern: Zheng cotton after the holiday to make up traders to seize the market

    Attention: After the festival Zheng cotton heard the wind to make up traders to seize the market China cotton network news: ICE cotton futures continued a strong rebound momentum after the Spring Festival holiday, after the holiday, some textile enterprises opened the rhythm of cotton yarn quotat...
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  • Full of variables 2024! Five factors affect the trend of freight rates

    Full of variables 2024! Five factors affect the trend of freight rates

    At the end of 2023, the trend of container freight rates staged a thrilling reversal. From the downturn in demand and weak freight rates at the beginning of the year, to the news that routes and airlines have been losing money, the entire market seems to be in a downturn. However, since December,...
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  • This “mini version” of Greek music sold 6.5 billion yuan last year?

    This “mini version” of Greek music sold 6.5 billion yuan last year?

    Saiwei Times Technology Co., LTD. (hereinafter referred to as “Saiwei Times”) recently disclosed the 2023 performance forecast, the company is expected to achieve operating income of about 6.5-6.6 billion yuan during the reporting period, an increase of about 32.41% to 34.45%, and the...
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  • Nike has announced 1,600 job cuts worldwide

    Nike has announced 1,600 job cuts worldwide

    Recently, according to the Wall Street Journal Chinese website reported that Nike CEO John Donahoe said in an email that the company would cut 2% of its workforce. Nike employs about 83,700 people worldwide, and estimates that the company could cut more than 1,600 jobs.   In Greater China, N...
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  • Reduced capacity, “one box hard to find” again? Multi-port response

    Reduced capacity, “one box hard to find” again? Multi-port response

    Since mid-December, the situation in the Red Sea has continued to be tense, and many ships have begun to circumnavigate the Cape of Good Hope. Affected by this, global shipping has fallen into the concern of rising freight rates and unstable supply chains.   Due to the adjustment of capacity...
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  • More than 31,000 Nike OEM factory, orders have been arranged to the end of June!

    More than 31,000 Nike OEM factory, orders have been arranged to the end of June!

    On January 20, according to media reports: At the end of the year, thousands of workers at Viet Tien (Vietcong) Joint Stock Company (HCMC) are running at full capacity, working overtime to rush fashion orders from partners in preparation for the biggest holiday of the year – the Lunar New Y...
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  • Burst in the early morning! Big explosion in Russian port!

    Burst in the early morning! Big explosion in Russian port!

    According to Reuters on January 21, local officials said that a fire broke out in the port of Ustiluga, Russia’s commercial port on the Baltic Sea, in the early morning of the same day. Reports say the fire was caused by two explosions.   Massive explosion in Russian port The fire brok...
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  • Both inside and outside favorable cotton prices break through important resistance

    Both inside and outside favorable cotton prices break through important resistance

    China Cotton network special news: On January 22, ICE cotton futures continued to strengthen, and the strong trend of the Dow Jones Industrial Average provided help for the cotton market. On Friday, all U.S. stock indexes hit new highs, and cotton has technically broken out, while the seasonal ma...
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  • Escalation in the Red Sea! Maersk: Suspension of multiple booking

    Escalation in the Red Sea! Maersk: Suspension of multiple booking

    The situation in the Red Sea continues to deteriorate and tensions continue to rise. On the 18th and 19th, the US military and the Houthis continued to attack each other. A spokesman for the Houthi armed forces said on the 19th local time that the group fired several missiles at a US ship “...
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