China’s port backlog is tightening space, disrupting schedules, and showing why a shipping delay can tie up ports for weeks after the weather clears. A typhoon can pass through China’s coast in a matter of days. The disruption it leaves behind can travel through the ocean freight network for weeks. That’s the situation exporters and… Read more »
(Photo Credit Flickr User Frans Berkelaar, CC BY 2.0) 2015 is coming to a close with two notable consolidations in the ocean carrier business; COSCO is purchasing China Shipping and CMA-CGM is purchasing NOL and their liner subsidiary, APL, for $2.2 billion. COSCO has announced that China Shipping will exit the liner shipping business (read:… Read more »