Moody’s reports that Asia ports will struggle to deal with industry issues over the next two years. Slow global growth and carrier overcapacity combined with high capital investments planned will all result in challenging operating conditions. Transshipment ports are more sensitive to competitive pressure while gateway ports such as Shanghai are protected by demand due to high population. Additional details are available at: http://www.joc.com/maritime-news/industry-turmoil-means-testing-two-years-asia-ports-warns-moodys_20160728.html
Customs & Logistics News Story
Pertains to U.S.
Published in August 01, 2016 issue
Published in August 01, 2016 issue