Under the radar: What to make of profit swings at regional carriers
SITC is still the one to watch
© Khunaspix Dreamstime.
The US-China trade war has seemed “positive” for transpacific shipping lines, so far, with importers rushing to beat tariff deadlines.
But there is growing concern that a prolonged dispute would leave shippers with question marks on whether to reorganise their supply chains.
APL chief executive Nicolas Sartini believes the industry should still achieve around 5% trade growth this year.
“So far it’s paradoxical, because the trade war has been rather positive for shipping companies,” he told delegates today at the TPM Asia conference in Shenzhen.
“This is probably because ...
Comment on this article