HutchWatch: Beijing's ire and Singapore's dilemma
More to come…
“Liner shipping has had a difficult time in the last few years, but PIL has overcome these challenges. We and the other liner companies are now well positioned to benefit from a market upturn. We retain a positive outlook for our business and our industry.” – SS Teo, executive chairman of Pacific International Lines (PIL), replies coverage from Lloyd’s List (LL), 13 January 2020.
Without doubt, one of the biggest highlights of the week for the container shipping industry in pure news ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
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