OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
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.
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
Shippers put more pressure on ocean carriers for carbon-free services
Atlas Air merger with Apollo group finally set to close on Friday
Dachser's M&A in air and ocean freight – how serious is that?
Asia services expanding as logistics players opt for a 'China+1' strategy
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