Coronavirus uncertainty trumps opportunity for air cargo carriers
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.
World’s second largest oil consumer taking extended holiday to deal with virus, keeping businesses shuttered.
It’s difficult to keep up with the flight suspensions being announced by airlines to China amid fear about the coronavirus outbreak.
Chinese carrier’s formerly idled VLCCs return to a transport market already suffering from falling rates, Stifel Maritime analyst said.
The World Health Organization’s leadership went out of its way to praise China for its handling of the deadly outbreak.
UPS partners with Waymo for delivery; Coronavirus could decline Chinese production; research breakout in fuel cell technology
Delta, Air Canada and Lufthansa are among the international airlines reducing or suspending flights to China as the coronavirus spreads.
U.S. Justice Department announced the arrest of Harvard University’s chemistry department chair on charges of lying about financial and research connections to the Chinese government.
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Commissioner Carl Bentzel said the U.S. Federal Maritime Commission will have an increasing role in the development of shoreside activities that impact international container shipping.
A bipartisan group of U.S. House and Senate lawmakers see export controls as a means to punish those Chinese officials and companies involved in human rights abuses in western China and Hong Kong.
U.S. enforcement agencies are turning up the heat on Chinese nationals who illicitly obtain and attempt to smuggle American-made technologies back to China.
The Commerce Department’s Bureau of Industry and Security will expand export licensing requirements for technologies intended for military applications.
The Chinese government said the tariff reductions will help expand imports of key consumer products.
CFI employees have raised more than $800,000 for charities over the past 26 years as part of its Truckloads of Treasures campaign. Plus, airfreight may not grow next year, trailer orders drop and Connecticut delays toll discussion.
Contributor Ben Thrower writes about the growing ties between the Chinese and European economies and the potential danger of those ties.
Shipments of counterfeit driver’s licenses and blank card stock were discovered and seized by Customs and Border Protection officers at Louisville and Memphis mail facilities.
While most license applications related to the Chinese telecom are expected to be denied, news reports surface that some U.S. companies have started receiving approvals from the U.S. Department of Commerce.
U.S. poultry producers eye more than $1 billion market potential for China after being shut out for five years.