Freight Forwarders
- Ocean Rankings: Sinotrans (4.87M TEU) surpassed Kuehne+Nagel as No.1 globally; 15 Chinese firms made the Top 50 list, with Ningbo Port Southeast Logistics debuting in the top 10.
- Air Rankings: Kuehne+Nagel (1.9M tons) led air freight, while CIMC Wetrans ranked 39th globally.
- CIMC’s Growth: Achieved dual rankings (Ocean 14th, Air 39th) with 2024 revenue surging 55.65% to RMB 31.4B.
Shipping Lines
- Fleet Expansion: Global container fleet exceeded 6,500 vessels (31.8M TEU). MSC dominated with 6.5M TEU (904 ships).
- Newbuilds & Strategies:
- Wan Hai ordered 20 vessels (methanol-powered), targeting Top 10 status.
- HMM plans $17.5B investment to boost capacity to 1.55M TEU.
- Rate & Policy Shifts:
- Hapag-Lloyd, Maersk, MSC raised Asia-Europe FAK rates from April 1.
- U.S. tariffs cut China-U.S.海运 volumes by 25-30%, driving blank sailings on West Coast routes.
Air Cargo ✈️
- Global Volume: Up 6% YoY, led by 10% growth in Asia-Pacific.
- China Southern Airlines:
- Freight capacity +14.46% YoY, but load factor fell 3.78 ppt to 51.38%.
- International routes surged: Passenger capacity +26.71%, cargo volume +8.34%.
- Fleet: Added 8 aircraft (including 1 C919), total fleet reached 937 units.
Emerging Corridors ��
- China-Central Asia Rail: Chongqing launched regular freight trains (2 monthly), cutting transit time by 30%.