Best Investments for
Freight & Logistics
Freight and manufacturing companies in Hong Kong report plummeting revenue, with industry leader warning 'worst is to come' Drivers transporting containers working half the days they previously would in a week
An arcane piece of trade law has caught the eye of exporters looking to avoid Donald Trump's trade war tariffs on goods valued at less than US$800 each But US customs is looking into manipulation of Section 321, also know as the 'de minimis' rule, which can only be used within strict parameters
Singamas' first-half revenue fell 39.7 per cent to US$584 million, causing its net loss to balloon 17-fold to US$50.7 million, as the price of shipping containers plunged due to a glut in the worldwide market The company is considering a diversification, where its containers can be turned into specialist vessels for chemicals, solar power and even modular data centres
The rust belt region is focused on drawing more firms from Japan and South Korea to use the subsidised sea-to-rail service, a signature of the Belt and Road Initiative Liaoning, which counts the United States as its fourth largest export market, is seeking to use Dalian port to connect with Russia, Eastern Europe and Central Asia
The US president plans to impose 10 per cent tariff on US$300 billion of Chinese goods despite having agreed a 'truce' with Xi Jinping at the end of June in Japan Goods targeted for September 1 increase are often given as Christmas gifts, including mobile phones, laptops, toys, and video game consoles
J.B. Hunt's strong quarter is giving investors optimism on XPO Logistics and the Dow Transports at large.
The engine of globalisation has had a 'torrid decade', and the sector is facing another period of great volatility The US-China trade war is accelerating the regionalisation of supply chains, with the long haul sea freight business a natural casualty
Rising costs of labour and land in Southeast Asian nation, as well as inability to find 'efficient' workers, forcing some firms to reconsider fleeing Donald Trump's tariffs President Xi Jinping agreed a tariff truce with his US counterpart at the G20 summit in Osaka, but firms now exploring options in Thailand, Bangladesh and Myanmar
Exports fell by 1.3 per cent year-on-year after tariffs on US$200 billion of Chinese goods were raised from 10 per cent to 25 per cent by Washington in May Imports continued to slump, falling 7.3 per cent, according to data published by General Administration of Customs in China on Friday
Uber is building a scalable, reliable software based dispatch system for the entire world, complete with mapping, logistics and a robust payment infrastructure. Allowing developers to build applications on top of this platform is transformational.
E-commerce and long-term global trade are expected to be catalysts for the air freight and logistics industry.
Tariffs are leading to slump in air and sea freight for key commodities, with the US and China both predicted to suffer a trade downturn as a result Logistics company DHL examined freight volumes for early-cycle commodities such as bumpers for cars, touch screens for mobile devices and brand labels for clothes
Nvidia on Tuesday announced a massive autonomous driving partnership with Volvo, one of the world's largest trucking manufacturers.
Manbang app has 6.7 million trucker users and handled about 700 billion yuan (US$101 billion) worth of goods a year Many truckers used to hang out for-hire signs and wait for days to get business to haul goods
Uber's Q1 2019 lacked all the luster of a high growth company. With mounting losses and break-even nowhere in sight, this stock is best avoided.