CMA CGM's $20bn US pledge: all fur coat and no knickers
Is Macron at the helm?
The trade war is likely to dampen second-half air and sea cargo growth between the US and China, but greater production in South-east Asia and an increase in ad hoc air cargo could also be on the cards.
“We anticipate both ocean and air freight movement between China and US will be hit in the second half of the year,” said Edwardo Erni, Kerry Logistics’ managing director for China and North Asia.
He said customers were reacting differently to the escalating tariffs.
“Some move ...
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