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China launches state-owned China Logistics Group to tackle global supply worries
7 Dec 2021 7:10 PM ISTThe newly-formed CLG will include the parent firms of China Eastern Airlines, COSCO Shipping, and China Merchants Group as strategic investors. CLG...
Kuehne+Nagel 9 months turnover up 47% on freight growth
20 Oct 2021 5:23 PM ISTWe do not expect any significant change in the constrained market situation, Dr. Detlef Trefzger, CEO of Kuehne + Nagel International AG, said while...
Container crisis continues unabated, Container xChange says
7 Oct 2021 10:49 AM ISTMore containers are coming in at Huangpu, China, Chittagong, Bangladesh, Dammam, Saudi Arabia and Dallas and Chicago in the United States than being...
Power crisis now another worry for China
30 Sept 2021 3:03 PM ISTChina, the world’s manufacturing, shipping, logistics behemoth, is now facing another crisis: power shortage, which is affecting factory floors to...
Maersk to sell its reefer container manufacturing business to CIMC
28 Sept 2021 7:30 PM ISTThe container logistics company A.P. Moller - Maersk (Maersk) signed an agreement on Monday (September 27, 2021) to sell its reefer manufacturer,...
China now adds to container freight woes
27 Sept 2021 5:13 PM ISTThe supply line crisis hitting the global economy is now facing a new crisis - almost 150 ships are anchored around key ports in China  - Shanghai &...
