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Ocean, air shipments face weeks of disruption on Shanghai COVID lockdown

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Dec 04, 2023

Ocean, air shipments face weeks of disruption on Shanghai COVID lockdown

The Container Port Performance Index for 2022 showed that among large ports,

The Container Port Performance Index for 2022 showed that among large ports, China's Yangshan ranked No. 1, while Ningbo and Guangzhou were among the top 10.

West Coast terminal operators say if Monday's cargo handling went smoothly, coastwide negotiations between the ILWU and the Pacific Maritime Association would resume on Tuesday.

The airline industry has performed better than expected so far this year, with the International Air Transport Association providing a surprisingly sunny financial outlook for an industry with a forecasted profit margin of just 1.2%.