Air cargo lifeline under threat as focus grows on de minimis thresholds
The Loadstar is running a series of reports on the ecommerce sector, which has been driving growth ...
ZERO HEDGE writes:
Update(1053ET): Taiwan’s defense ministry has issued details of the live fire confrontation incident with a Chinese drone which happened near the Taiwan-controlled islands in the Dadan, Erdan and Shiyu areas.
“The three drones flew away towards the direction of Chinese city of Xiamen after the Taiwan military fired signal flares as warning Another drone entered restricted waters near Erdan area at 5:59pm and the Taiwan military fired warning shots to fend off the drone, which flew towards Xiamen at 6pm,” Bloomberg reports of the statement.
* * *
The headline sparked anxiety across markets as fears remain of a broader ‘reunification’ war in the wake of Nancy Pelosi’s ultra provocative Taipei visit on Aug.2.
US equity markets erased all their overnight gains. Bond yields initially tumbled on a safe-haven bid, but bounced back after the US macro data.
To read the full post, please click here.
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
Comment on this article