With $1B in the bank, reputationally dinged TuSimple looks ahead
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
Shipping line Maersk has unveiled the latest expansion of its cargo airline with a new Eurasia route.
In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility.
An Airbus affiliate that converts used passenger planes into cargo haulers plans to outsource some work to a new partner in China.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
The Wall Street Journal reported a federal watchdog group urged an espionage probe into TuSimple leaders, but the company denied the report.
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.