China crane-maker denies it installed modems for spying on US
Chinese crane manufacturer Shanghai Zhenhua (ZPMC) has rejected US claims that communications equipment found on ...
US freight companies are bemoaning overstocked inventories, as volumes recorded by the CASS Freight Index fell 4.8% in June, year-on-year. Despite higher consumer spending, retailers are continuing to sell existing stocks after over-ordering. Both retail and freight companies are concerned about the peak season, with “tepid” demand. There is one bright spot, however. Temperature-controlled shipping is a “very good placed to be”, the WSJ reports.
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