S.F. Express is growing its domestic Chinese parcel business at a dizzying rate. The acquisition of a large Hong Kong logistics company helps it expand overseas.
Self-driving truck technology startup Plus is already working on an autonomous freight matching project in China. Now it has investors there.
Engine and power systems maker Cummins Inc. destroyed analyst estimates for Q4 as the loosening of COVID-19’s grip in China pushed record sales.
For the second month in a row, China was the main trading partner of the U.S., followed by Mexico, Canada and Japan.
Automakers have put a high priority on EVs as the world shifts to cleaner modes of transportation. With demand for EVs forecasted to rise, the demand for rare earth metals used in both EV drivetrains and batteries will definitely be on the rise as well.
A “China+1” or “China+2” strategy makes sense for many reasons, but how much can companies afford to distance themselves from China’s manufacturing prowess?
China still holds the title of the world’s manufacturing floor, but business challenges are leading more companies to source production in other countries.
Alibaba is challenging Amazon on many fronts, including logistics. It’s now handling import/export operations in South Korea.
The National Customs Brokers and Forwarders Association of America’s general counsel Ed Greenberg looks forward to spending time with his grandson.
At airlines, cargo is typically the junior partner to passenger service. During COVID, the roles are reversed and United Airlines is using its cargo network to support more passenger service.
“China and tariffs: Why COVID has actually increased cargo yields” was the topic of a virtual fireside chat at the American Shipper Global Trade Tech Summit.
New ocean container floor design developed and tested by the Institute of International Container Lessors over the past 10 years reduces wood use by up to 45%.
Shacman’s new plant will be the 12th truck/truck engine manufacturing facility in Mexico, joining Freightliner, Kenworth, Navistar, Hino, International, DINA, Mercedes Benz, Isuzu, Scania, and VW/MAN.
Airfreight exports from China slowed a bit in mid-August, allowing shippers to take back a tiny bit of pricing before rates shoot up for the next few months in as retailers build inventory for the holidays.
ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China’s northern cities.
With trade relations between the U.S. and China strained, the future of global supply chains could be Mexico.
With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
Engine maker Cummins soundly beat estimates for earnings and sales in the second quarter because its plants in China worked overtime as the country rebounded from the coronavirus pandemic.
Russian airline Volga-Dnepr, whose planes are commonly associated with transporting heavy equipment, spent the past three months ferrying tons of medical supplies from China to France to combat COVID-19.
United Airlines and Delta are dipping their toes back into the China market. But with COVID-19 and political tensions rising it won’t be a surprise if they are stopped again.
