Mexican tariffs a 'smart signal' that duty-free loophole is closing
Mexico’s recent imposition of tariffs on foreign imports has signalled to China and the US ...
China’s Xinyi Glass has become the latest shipper-turned-shipowner, with its 1,500 teu containership built by Jiangsu Dajin Heavy Industry.
The vessel, ordered in 2022, was delivered last month and will carry raw materials, semi-finished and finished products between Xinyi’s factories in Malaysia and China.
Xinyi produces glass products for the automobile and construction industries, counting Ford and Volkswagen among its customers. It said having its own ship would enable the company to control its shipping costs amid a resurgence in freight rates.
Vice-chairman ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
'To ship or not to ship', the question for US importers amid tariff uncertainty
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
'Chaos after chaos' coming from de minimis changes and more tariffs
Forto 'sharpens commercial priorities' as it lays off one-third of staff
List of blanked transpac sailings grows as trade war heats up and demand cools
EC approves DSV takeover of DB Schenker
Overcapacity looms for ocean trades – with more blanked sailings inevitable
Amazon Air’s metamorphosis: 'a different air cargo unit from two years ago'
Shippers in Asia restart ocean shipment bookings – but not from China
India withdraws access for Bangladesh transhipments, in 'very harmful' decision
'Tariff hell' leaves industries in limbo – 'not a great environment to plan'
Comment on this article
R Subramani
June 23, 2024 at 2:47 pmWho is next in ….shipper turning shippine line ?