A 'dead cat bounce', as freight goes from rules-based to deals-based trade?
It’s not artificial intelligence we should be worrying about right now: it’s an artificial freight ...
© Tatiana Morozova
By Alex Lennane
The southern China air freight market has changed “dramatically” as Covid rages in Hong Kong, severely impacting the local trucking market to and from the mainland.
Forwarders estimate there is a 70% cut in truck capacity, further diminishing Hong Kong’s air export market.
“Cross-border trucking has been impacted a lot, mainly due to truckers being found positive with Omicron, reducing manpower by 70% in this area,” said one.
“Because of the slow cross-border process, much of the cargo cannot reach Hong Kong in ...
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