Rise in China e-commerce traffic lifts Cargojet to record revenue

Canada’s Cargojet squeezed 16% more flight hours out of its existing fleet in the fourth quarter to accommodate a surge in demand for charter service from e-commerce sellers in China, resulting in a 32% year-over-year revenue gain to US$207 million.  

Earnings were tempered by higher startup costs for charter flights, such as overtime pay for pilots, maintenance and ground handling, as adjusted pretax income came in 5% below analysts’ forecast.

Cargojet’s on-demand charter business increased...

https://www.freightwaves.com/news/rise-in-china-e-commerce-traffic-lifts-cargojet-to-record-revenue

 Type Approval Test Marks Important Milestone for Methanol GenSet

Dual-Fuel methanol MAN L21/31DF-M engine passes milestone in China

Copenhagen, 18.02.2025

MAN Energy Solutions reports that its MAN 7L21/31DF-M (Dual Fuel-Methanol) GenSet has successfully passed its Type Approval Test (TAT) in China. The TAT was carried out in close cooperation with CSSC Marine Power (CMP) – the MAN Energy Solutions licensee – at CMP’s production facility in Zhenjiang and received approval from all major classification societies present at the event.

The basis for the new...

https://allaboutshipping.co.uk/2025/02/18/type-approval-test-marks-important-milestone-for-methanol-genset/

US and India Deepen Defense and Trade Ties to Counter China’s Influence

The United States plans to ramp up military sales to India from 2025, including the provision of F-35 fighter jets, according to US President Donald Trump. Although no specific timeline was given, such foreign military sales involving advanced technology like the stealth F-35 typically require several years to finalize.

This move is indicative of India’s emerging role as a significant global player, particularly in maritime trade considering that the influx of sophisticated US weaponry into...

https://container-news.com/us-india-defense-trade-ties-counter-china-influence/

China’s Trade Strategy in South America: What’s the Plan?

China’s increasing influence in Latin America’s maritime sector signifies a strategic expansion into a region traditionally dominated by the United States.

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https://container-news.com/chinas-trade-strategy-in-south-america-whats-the-plan/

McKinsey: Geopolitical Partners intercambian más entre sí, menos con rivales

Un nuevo informe del Instituto Global McKinsey revela que las tensiones geopolíticas están reestructurando los patrones comerciales globales, con Estados Unidos y China en el centro de la realineación. El análisis, que examina los datos comerciales hasta 2024, muestra que las economías se operan...

https://fullavantenews.com/mckinsey-geopolitical-partners-intercambian-mas-entre-si-menos-con-rivales/?lang=es

El legislador culpa a la presión de FedEx, Trump Bungling por De Minimis U-Turn

La representante demócrata de los Estados Unidos, Rosa Delauro, criticó el miércoles al presidente Donald Trump por la descarga de la cancelación de los beneficios de importación para productos de comercio electrónico de bajo costo enviados desde China y sugirió que Fred Smith, presidente del...

https://fullavantenews.com/el-legislador-culpa-a-la-presion-de-fedex-trump-bungling-por-de-minimis-u-turn/?lang=es