China’s container rail network on fast track

EU Member States have voted to impose tariffs on Chinese battery electric vehicles (BEVs) as talks with Beijing continue.

Container shipping companies, including CMA CGM, Ocean Network Express (ONE), and COSCO, are invoking force majeure due to the impacts of ongoing ILA strike.

CMA CGM has signed an agreement to acquire a 48% stake in Santos Brasil, a multi-terminal operator managing key assets across Brazil’s ports.

With a potential strike by the International Longshoremen’s Association (ILA) approaching, industry stakeholders are implementing contingency plans.

Konecranes to supply five hybrid rubber-tired gantry cranes to CMA CGM Kaohsiung Terminal in Taiwan, with delivery set for mid-2025.

Under new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.