Box ship building in China hits new heights with 68.5% of global orders
China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
Interesting account of the problems of distributing goods around the world’s second largest economy. Basically, it’s prohibitively expensive for many shippers, for a range of reasons – provincial taxes, corrupt officials and some of the highest road toils in the world. Players such as DHL, FedEx and UPS have either been shut out of China, or have voluntarily left – as TNT recently did. However, domestic transport operator Shunfeng Express, which has emulated its western counterpart, shows how success can be found in the world’s fastest growing express market.
Comment on this article