Trump will have a 'heavy impact on container volumes', warns Wan Hai chief
US president-elect Donald Trump’s policies will have a heavy impact on container volumes and supply ...
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
JBHT: STATUS QUO GM: PARTNERSHIP UPDATEEXPD: NOT SO BULLISHEXPD: LEGAL RISK UPDATE WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADE
A root cause of the chronic congestion crippling the port of Manila is rampant, ingrained corruption that has undermined it for decades, a Philippine senate hearing heard yesterday. According to Christian Gonzalez, Asia chief of the port’s major operator, ICTSI, “everyone’s guilty”. Other witnesses reported that “illegal transactions occur at every turn, from the time a truck is loaded with container until it goes out of port and along roads and streets”. And the problem is further compounded by truckers trying to return empty containers to a port where vessel waiting times are nearing two weeks.
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