While the imposition of tariffs on Chinese imports into the US has prompted some shippers to shift production to South Asia instead, the logistical and transportation shortcomings of the region are likely to limit growth in cargo headed for the United States.
01 Nov 2019
DSV Panalpina is now in the top three air and ocean logistics service providers, but the expanded geographical footprint also exposes the forwarder to weakness in global trade.
23 Oct 2019
The prospects of a trade deal between China and the United States, which would remove the 25 percent tariffs on agricultural goods, are still murky. But some so-called goodwill purchases by the Chinese in bulk shipments following the freezing of an escalation of US tariffs earlier this month has raised hopes for a deal.
09 Oct 2019
As manufacturing continues to shift from China to countries in Southeast Asia, the diversification of sourcing will result in an increase in trade flows and greater need for logistics support, speakers at the JOC TPM Asia Conference said.
02 Oct 2019
An unexpected increase in air cargo rates from China to Europe appears to be the result of Asian volumes avoiding transshipment through Hong Kong.
02 Sep 2019
China’s largest carrier has expanded its Asia network with subsidiary OOCL to capture volume displaced by the US-China trade war.
05 Aug 2019
Rate increases and capacity cuts seem to finally be having an impact on Asia-North Europe container pricing.
26 Jul 2019
APL has its third CEO since being acquired by CMA CGM as the carrier prepares to consolidate its presence in the trans-Pacific and intra-Asia.
24 Jul 2019
The 2M Alliance is holding off on blanking sailings while rival alliances slash capacity through July and August in a bid to shore up slumping rates.
01 Jul 2019
Vietnam has been steadily growing its trade with the EU, even before the two parties inked a free trade deal.
25 Jun 2019
This year is shaping up to be a tough one for the air cargo business with an unsettled trade environment set to extend the demand slowdown into the third quarter.
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