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Given the debate between Italy and China as to the development of the ports of Trieste and Genoa, that Beijing would finalize a memorandum of understanding (MOU) to cooperate with Switzerland so soon after Italy should come as no surprise.The Italian government would prefer Genoa to be developed before Trieste, primarily because the former has an existing rail network connecting to the hinterland. This network has been developed over the last 100 years. Not only does it connect the Italian industrial heartland of the Torino and Milano regions, it also connects to Switzerland, southern/central Germany, and eastern France. There is...

Despite publicly indicating a preference for the Port of Trieste in Italy, China may have really been working on securing market entry into Europe via a connection to the Rhine-Alpine corridor in Rijeka, Croatia.

International ports

Rail

China’s cooperation with Italy, Switzerland carefully coordinated

Ocean carriers’ schedule reliability rose in April amid falling volumes 

Market headwinds push CMA CGM Q1 revenue, profit sharply lower

CBP rules US chassis manufacturer evaded tariffs on China-sourced parts

Shippers bemoan lack of progress in ocean visibility despite heavy investment 

Hydrogen-driven barge debuts on Europe’s inland network 

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The port congestion in Asia and North America that compromised vessel on-time performance during the pandemic began to ease last fall with declining cargo volumes, and the reliability improvements have accelerated since. 

The carrier's CEO said inflation and destocking in global markets heralded a “phase of normalization” for container shipping.

The ruling could place an additional burden on US chassis manufacturers to ensure their subcontractors are using US materials or paying duties on parts from China. 

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Ocean carriers’ schedule reliability rose in April amid falling volumes

Market headwinds push CMA CGM Q1 revenue, profit sharply lower

CBP rules US chassis manufacturer evaded tariffs on China-sourced parts