Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.
Cargo traffic for Cathay Pacific fell in November, weighed down by weak demand for Chinese exports. The small bump it enjoyed in October was short lived.
Faster easing of China’s COVID restrictions could provide eventual support for container and dry bulk markets and a more immediate boost for tankers.
New bookings data suggests volume softness is here to stay.
Drop in imports from China in recent months comes on the heels of years of gains by exporters in the rest of Asia.
The $3.3 billion acquisition of Meritor Inc. took a bite out of Cummins’ Q3 earnings as did underperforming joint ventures in China.
A leading expert on China’s economy says its formerly high growth rates aren’t coming back.
TuSimple fired co-founder Xiaodi Hou as CEO and kicked him off the board amid federal probes into dealings with China.
Separar los problemas de la comercialización de camiones autónomos es cada vez más difícil
The Wall Street Journal reports multiple federal probes of TuSimple’s China dealings after a watchdog set up oversight in February.
