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Intra-Asia freight rates from China are soaring as forwarders discover “it’s not just Maersk” giving them the cold shoulder. One forwarder in Shanghai told The Loadstar that 90% of container vessels departing China’s ports were delayed – bottlenecks in destination markets the main culprit. He added: “After a period of soft rates for...


Lockdowns across China’s Zhejiang province have prompted multiple factory closures, and new restrictions have been placed on trucking. China reported new Covid cases in Tianjin and Guangzhou this week, including the Omicron variant, but the outbreak in Zhejiang, another major manufacturing heartland, remains the most serious. For example, 20 listed companies operating in...


Al Jazeera reports: (Taipei says 25 Chinese air force aircraft entered Taiwan’s air defence identification zone and flew in an area close to the Pratas Islands on Monday.) Twenty-five Chinese air force aircraft including fighter jets and nuclear-capable bombers entered Taiwan’s air defence identification zone (ADIZ) on Monday, the island’s government said, the...


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