USTR fee could price Chinese carriers out of US trades
The October implementation of the US Trade Representative port fees will mean a “forced concentration” ...
After a second year of record profits for the liner shipping industry, Wan Hai and Cosco have fallen in line to join Evergreen in paying bountiful bonuses to staff.
Wan Hai, whose $2.49bn net profit for the first three quarters of 2021 was a near 20-fold year-on-year increase, is reported to be paying staff bonuses equal to a full year’s salary, plus TW$1m ($36,093).
A source is quoted saying tat Wan Hai adjusted its bonus after publicity over some Evergreen employees enjoying ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Houthis tell Trump they will end attacks on Red Sea shipping
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
Comment on this article