DP World completes Cargo Services acquisition
DP World has completed its acquisition of Hong Kong-headquartered freight forwarder Cargo Services Far East ...
Cambodia’s garment exports could take a hit from the inclusion of neighbouring Vietnam in the controversial Trans-Pacific Partnership (TPP) trade agreement.
“The TPP can be a low-light for Cambodia’s export industry, as factory owners are looking for other countries to manufacture their products,” said Marco Civardi, area managing director for Vietnam & Cambodia at Damco.
“It is therefore foreseeable that some low-end garment production will shift to Vietnam as factories rightfully want to benefit from TPP’s reductions in duty and taxes.”
He added ...
Latest strike will cause ‘massive' disruption at German airports
CMA CGM pledges $20bn investment to boost US supply chains
DHL Global Forwarding misses profit expectations, despite strong Q4
Asia-Europe FAK price hikes manage to halt 13-week rate decline
TPM: Shipper-carrier power pendulum now swinging towards liners
Comment on this article