The Journal of Commerce Ranks World's Top 50 Container Ports, China's Rise Continues
NEWARK, N.J., Aug. 23 /PRNewswire/ -- The Port of Singapore remains the world's largest container shipping port despite falling volume during the global trade downturn, but the new Journal of Commerce ranking of the Top 50 World Container Ports shows China's ports largely weathered the worldwide recession and gained greater prominence among the world's ports.
(Photo: http://photos.prnewswire.com/prnh/20100823/NY53859 )
(Photo: http://www.newscom.com/cgi-bin/prnh/20100823/NY53859 )
The world's five largest ports – Singapore, Shanghai, Hong Kong, Shenzhen and Busan -- all showed double-digit declines from 2008, according to port reports and other information, including a 13.7 percent slide at Singapore.
But the JOC's annual report, published in the Aug. 23-30, 2010 issue, showed that China's large role in manufacturing and maritime trade only expanded in the downturn of 2009.
Eight of the top nine ports are in Asia and six of the top nine are in China. Only two ports among the world's 15 largest showed any growth in the worst year ever in container shipping and both of those ports -- No. 6 Guangzho and No. 11 Tianjin -- are in China.
This week's JOC also includes a Cover Story examining the trucking industry's growing concern over the return of West Coast port congestion, and the Annual Guide to Trucking -- a 40-page special supplement analyzing the outlook for the North American trucking market that includes rankings and financial information on truckload, less-than-truckload, refrigerated, flatbed and bulk trucking companies.
To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.
Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.
To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Trans-Pacific and Trans-Atlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.
About UBM Global Trade - UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-223-0243 (+1-973-848-7250 outside the U.S. or Canada).
SOURCE The Journal of Commerce
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