The Digital Age–new technologies, big data and the Internet of Things–will help reinvent the container shipping industry in coming decades.
By 2067, McKinsey & Co. believes the industry will have many new characteristics that will cause dynamic change, as detailed in a new study, “Container Shipping: The Next 50 Years.”
The Expanded Panama Canal, now 15 months old, is exceeding expectations and is impacting trade routes for importers and exporters.Read more
One of China’s largest and most powerful state-owned companies, China Merchants Group, is completing a $1.1 billion purchase of a 99-year lease on an underdeveloped container port in Hambantota, Sri Lanka.Read more
The global manufacturing recovery should keep up its momentum, but disruptions caused by Hurricane Harvey will warp August and September output data, according to an analysis by IHS Markit.Read more