Hanjin Shipping Starts Unloading as U.S. Exporters Scramble for Space Foundering shipping line expects more long-stranded vessels in California while cargo terminal closes door on outbound containers By: ERICA E. PHILLIPS TWSJ As bankrupt Hanjin Shipping Co. unwinds its cargo operations, with the first of its stranded U.S.-bound vessels off-loading containers in Long Beach on Monday,
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Some companies are shifting production to domestic sites, but controlling costs takes some work By: TARUN SHUKLA June 2, 2015 11:36 p.m. ET Coming home isn’t easy. Ranir LLC learned that lesson all too well. The company, based in Grand Rapids, Mich., has long used factories overseas to make many of the dental-care products it
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Si Huan, China Daily Editor/April 4,2015 -Orders at famed event seen as signal of the outlook for nation’s export-oriented firms Organizers of the latest China Import and Export Fair said transactions at the fair are expected to be stable even though China’s foreign trade volume and exports both declined in the first three months. The
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By: AJOT | Feb 25 2015 at 05:40 PM | Liner Shipping Container shipping lines have begun the slow work of repairing their networks as U.S. West Coast congestion difficulties ease. At the same time, forward bookings suggest that post-Lunar New Year cargo demand will resume after the week-long Asia holidays and continue to pick up pace. Restoring service levels and
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China aims to ease transport bottlenecks which are affecting economic development by 2020 with a plan announced on Saturday to tackle issues such as excessive road tolls and poor connectivity and to ensure the smoother flow of goods. Despite billions of dollars being invested in recent years on roads, railways and ports, China’s rapid economic
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