Port of Colombo resumes operations after 20-hour labour strike
Operations at the port of Colombo resumed this afternoon following the end of a strike ...
China’s “one belt, one road” (OBOR) initiative has lots of ramifications for the transport and logistics industries. Some good, some bad, depending on your perspective. This view, published on the Project Syndicate opinion pages and authored by Brahma Chellaney, professor of strategic studies at the New Delhi-based Centre for Policy Research, argues that China is using the huge infrastructure investment that OBOR requires as a means to enhance its strategic and commercial objectives across a series of smaller nations. The “white elephant” ports of Hambantota in Sri Lanka and Gwadar in Pakistan, which have been almost completely absent of cargo since they opened, are two noted cases in point. “The projects that China is supporting are often intended not to support the local economy, but to facilitate Chinese access to natural resources, or to open the market for low-cost and shoddy Chinese goods. In a sense, it is even better for China that the projects don’t do well. After all, the heavier the debt burden on smaller countries, the greater China’s own leverage becomes.”
Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
Carriers ramp up blank sailings as China lockdowns persist
CMA CGM offers cash incentive for returning containers early
Inditex lobbies for Maersk to win contract to run new Bangladesh terminal
ONE and Evergreen launch cross-alliance slot-charter transpac deal
Port of Colombo resumes operations after 20-hour labour strike
Lockdowns driving multinational soul-searching on staying in China
One-third of foreign workers look set to leave China this summer
Cargolux highs and lows: running a freight airline not for the faint-hearted
Congestion and rates drove huge modal shift to air freight last year
Del Monte says 'yes' to opening vessel capacity to third-party shippers
Carriers continue to report big returns, but the horizon looks murky
Comment on this article