OOCL Asia-Europe trade – service update in October
In response to the expected low demand after China National Day holiday in the market, OOCL will be withdrawing the following Asia-Europe sailings:
Five global cargo handling groups collaborate on container safety
Five international freight transport and cargo handling organizations are collaborating on the production of new guidance on packing standards for freight containers and other cargo…
COSCO MALAYSIA rescues four from sailboat off Tampa Port, FL
On September 13th, the Captain and crew of the COSCO SHIPPING Lines container ship COSCO MALAYSIA rescued a sailboat crew in distress in the Gulf…
Completion ceremony of Guangzhou Port’s\Nansha deep-water channels widening project
August 25th marks a significant day for Guangzhou Port/Nansha(GZP) as its deep-water channels widening project is completed and put into operation.
FedEx surges as e-commerce demand sends profit climbing
FedEx Corp. surged as a wave of e-commerce demand bolstered pricing power and propelled earnings amid the coronavirus pandemic.
Chip industry wants $50 billion to keep manufacturing in US
The U.S. chip industry said as much as $50 billion in federal incentives will be needed to halt a decades-long trend of manufacturing moving overseas…
Seroka reports Port of LA August imports are up as holiday season kicks in
At a September 15th virtual press conference, Port of Los Angeles Executive Director Gene Seroka announced that imports rose in August and the Port sees…
August imports fuel cargo surge at Port of Los Angeles
The Port of Los Angeles processed 961,833 Twenty-Foot Equivalent Units (TEUs) in August, the first monthly cargo increase in a year. The 12% gain in…
Are batteries the trade war China’s already won?
The U.S. risks the long-term viability of its auto industry and more.
Bombardier’s take in Alstom Rail sale cut by up to $500 million
Bombardier Inc. said it reached a definitive deal to sell its rail unit to French train maker Alstom SA, but at a lower price than…
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