Continued COVID-19 lockdowns spell trouble for Southeast Asian producers. Find out why on this episode of Medically Necessary.
Vietnam is the newest epicenter for supply chain chaos. Manufacturing and port activity have been cut by new COVID precautions.
Major e-commerce growth led DHL Express to change aircraft and routes in Southeast Asia for package delivery.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
One of the world’s largest suppliers of disposable rubber gloves may resume exports to the U.S. after resolving forced labor concerns, Customs and Border Protection said.
Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.
Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.
In a now familiar story, another logistics company – in this case Tiong Nam – reports weaker quarterly results owing to a global trade headwinds. Analysts warn on liquidity pressures.
Dry bulk ship operator Malaysian Bulk Carriers has reported another set of losses. Barring unexpected positive developments, it may make a yearly loss. It is also reducing both long-term and current assets. The company has entered into working capital deficiency.
Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.
