china
Ocean Carrier Trends: Containing capacity while remaining poised for growth
Coinciding with the upswing in the world economy two years ago, global seaborne trade is doing well, note analysts for the Geneva-based United Nations Conference on Trade and Development (UNCTAD). They also observe that containerized shipping expanded by 4% in 2018—the fastest growth in five years. “Global maritime commerce gathered momentum two years ago and raised [...]
If Convicted, Huawei Faces Bigger Problems than Fines
CHINESE TELECOM GIANT Huawei could face millions in fines if convicted of all charges in two indictments unsealed by the US Department of Justice Monday. But the money is likely the least of Huawei’s worries. The first indictment accuses Huawei and its executives, including CFO Meng Wanzhou, of crimes including bank fraud, wire fraud, money […]
Report: Amazon Ramps Up Ocean Shipping Services
Dive Brief: Amazon is reportedly ramping up its ocean freight services "quietly and below the radar," as it aims to gain more control of its supply chain, USA Today reported. Since the beginning of last year, Amazon organized the shipment of more than 5,300 containers from China to the U.S., according to the report. Amazon did [...]
“Malicious Synergy” and the Section 301 Tariffs
“Synergy”, the outcome when two or more items combine to create something greater than the sum of its parts, generally is considered a good thing. Several recent international trade developments show that synergy also can work in reverse, in this instance turning three separate obnoxious events into one seriously intractable problem. Everyone already knows about [...]