Ritchie Bros.’ IronPlanet marketplace experiencing busiest summer ever
Close to 8,700 items sold through IronPlanet in July as the company surpasses US$1 billion sold through its online marketplaces over 12-month period (August 2019…
Port of Oakland import cargo volume grew 6.4 percent in July
Import cargo volume increased again at the Port of Oakland last month as U.S. retailers restocked dwindling inventories. The Port said today that containerized import…
SC Ports sees signs of moderate recovery in July
S.C. Ports Authority is seeing signs of a moderate recovery beginning to emerge at the start of fiscal year 2021 amid the ongoing global pandemic.…
China - US West Coast spike according to Freightos
Key insights: 1 Peak season volumes out of China kept ocean rates to the US climbing, sending China-US West Coast prices (FBX01 Daily) to a…
China’s days as world’s factory are over, IPhone maker says
A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S.,…
Labor abuse allegations tie up ships in Australia ports
Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have…
Cathay rises most since 2008 as reopening chance offsets virus
Cathay Pacific Airways Ltd. shares climbed the most in nearly 12 years after a Chinese state-run newspaper tweeted that Hong Kong’s airport may restart transfer…
China to bring up WeChat, TikTok in next US trade talks
U.S. and Chinese negotiators plan to discuss progress of their trade deal in the coming days, with Beijing pushing to widen the agenda to include…
British Airways CEO reports progress on talks amid union dispute
British Airways said it reached a preliminary agreement with labor groups representing some ground-based employees as it seeks to cut costs and ride out a…
China Banks Act to comply with Trump sanctions on Hong Kong
China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to…
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