An online shopping boom that should be helping Indonesia’s postal service is actually hurting because regulators have set parcel delivery prices so low.
As tariffs were being slapped on hundreds of goods, shipping rates for dry bulk — the segment that hauls billions of tons of coal, iron ore and crops around the globe — kept rising. But no more.
For the ocean shipping business today, it’s tough enough navigating the rough waters caused by economic cycles. But do carriers sometimes make their own waves?
China, dubbed ‘the workshop of the world’ for its sprawling supply chains and huge export capacity, is hoping to manufacture something new this week at a huge trade fair in Shanghai: import orders.