OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
Wallenborn, a Luxembourg-based road feeder services company, is thinking of joining its fellow countrymen in Zhenghou. Noting that two of its key customers, Cargolux and AirBridge Cargo are key players in the central Chinese city, the trucking company is evaluating the market. Much of the initial airfreight out of Zhenghzou is likely to be trucked from larger markets, according to Cargolux, so there could be significant opportunities. Last year Wallenborn grew for the first time outside of Europe and now has Dubai and Sharjah in its portfolio. China, however, is likely to be more complex.
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