Virgin Atlantic Cargo axes Shanghai route over cost concerns
Not even boundless volumes of ecommerce could save Virgin Atlantic’s Shanghai route, as higher costs ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
The South China Morning Post reports:
In a major U-turn late on Sunday night, authorities in the Chinese financial hub of Shanghai ordered a vast swathe of the city into a lockdown from Monday to try to contain the spread of a coronavirus outbreak.
The city government said that from 5am the Pudong New Area – a 1,200 sq km (465 sq mile) zone on the eastern bank of the Huangpu River and home to about 5.7 million people – would lock down for four days of mass testing.
The districts of Jinshan, Fengxian, Chongming and part of Minhang must also to go into lockdown from 5am Monday.
More here: “China: Shanghai to lock down for testing as COVID surges“.
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