2022’s top shipping stories: Container boom ends, war fuels tankers
Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.
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.
El pilar de la fabricación y el consumo estadounidenses se tambalea
Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
Supply chain planners will walk a precarious path in 2023, according to S&P Global transportation expert Paul Bingham.
Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.
Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
Cathay Pacific Cargo, a bellwether for trade in Asia, says slowing consumer demand and Chinese exports point to a less busy peak shipping season.
A severe typhoon is headed for the South China region, forcing airlines and ports to take precautions and adjust schedules.
Zhengzhou airport has completed a major expansion project to alleviate crowding at its cargo facilities and allow for significant growth.