US wants to reclaim critical rare earth supply chain
The Biden administration wants to reduce reliance on China for critical rare earth materials.
The Biden administration wants to reduce reliance on China for critical rare earth materials.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
The biggest container shipping line in the world says container traffic at the massive Port of Yantian in China is moving much better after COVID restrictions were recently lifted. But exporters have a long way to go before ocean shipments go smoothly again.
Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.
On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.
Regulators in China target two Full Truck Alliance apps in a cybersecurity investigation less than two weeks after the freight platform’s U.S. IPO.
The Port of Yantian is operating at 100% on the vessel side again after a month of delays, but that doesn’t mean the container buildup will get resolved soon.
A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.
Electric vehicle manufacturer ELMS will debut a prototype of its Class 3 cargo van at the FedEx contractors event at the end of July.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico remains top US trade partner; second USMCA labor complaint lodged at Mexican factory; Hyliion expands Texas headquarters; and avocado imports from Mexico up 26%.
Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.
No matter the rhetoric, the unvarnished truth is it takes people to move trade.
The digital freight platform has a big market share in China, is growing its revenue but remains unprofitable.
Project44 attributes its exponential growth, like its 135% year-over-year new bookings growth in Q1, to its skilled global team.
Doing business in China is tricky and companies could get sucked into the political quicksand, so best to have an exit strategy to avoid reputational risk, experts say.
At the end of Q1, JD Logistics was operating over 1,000 warehouses globally that cover 226 million square feet of space, managed by the JD Logistics Open Warehouse Platform.
The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
Aeroméxico Cargo inaugurates twice weekly direct cargo route between Mexico City and Wuhan, China.
Self-driving truck software maker Plus signed its long-rumored SPAC with $500 million cash and $3.3 billion valuation expected in Q3.