China has developed a prototype magnetic levitation train that can travel at a maximum speed of 373 mph, and is expected to go into production by 2021.
Nations in South East Asia are experiencing plunging trade and stumbling economies, analysts say, and they add it is due to a weakening Chinese economy and trade war tensions.
Top transportation economist Paul Bingham goes in-depth on trade war freight consequences, both pro and con.
Solid growth in China’s cargo throughput has been revealed in newly published data. No doubt about it – the country’s cargo volumes are growing.
No single country can absorb the trade flow from China to the U.S., and likely contenders are already growing faster than capacity.
CIMC Vehicles, the world’s largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong Stock Exchange.
FedEx sues U.S. Department of Commerce claiming trade restrictions are difficult to meet and places additional burden on common carriers to ensure shippers comply.
The African Continental Free Trade Area (AfCFTA) will boost trade between African partner states by removing tariffs. This helps the U.S. improve trade relations as it takes out the need to draft separate trade agreements with individual African states.
Although some Chinese economic indicators are flashing warning signals, Yunda, STO, YTO, and ZTO are still on fire.
While President Donald Trump and Chinese leader Xi Jinping have agreed to meet at the G20 Summit in Japan next week, the U.S. agriculture industry remains skeptical that the ongoing tariff battle between the two countries will end anytime soon.
President Trump and Prime Minister Trudeau agree to implement agreement that has the potential to speed up the flow of goods between the two countries.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.
Laredo’s historic reign as the top United States trade port was short-lived, as the Port of Los Angeles rebounded from its lowest monthly total in three years, enabling it to once again lay claim to the number 1 ranking among U.S. ports. “In April, imports into the Port of Los Angeles recovered from the worst […]
The FedEx-Amazon divorce isn’t that big. AI to transform Indian transport. GLP out at the top of US logistics real estate market?
For the first time in its 168-year history, Port Laredo is No. 1. Laredo surpassed Los Angeles as the nation’s busiest trade hub, including airports, seaports and international border crossings. Port Laredo did $20.09 billion in trade during the month of March (according to the latest Census Bureau numbers available and analyzed by WorldCity), while […]
Trade war tariffs are hurting the competitiveness U.S. businesses working in China, according to the American Chamber of Commerce in China (AmCham China). Tariff troubles increased over the weekend as the latest round of Chinese tariffs on $60 billion of U.S. goods began on Saturday, June 1.
The logistics giant said it will “fully cooperate” with any investigation.
As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.
