GUANGZHOU, China — For those who discuss chipmaking, two firms often spring to thoughts — Taiwan’s TSMC and South Korea’s Samsung Electronics. The 2 Asian corporations mixed management greater than 70% of the semiconductor manufacturing market. The U.S., which was as soon as a pacesetter, lags behind on this house after monumental shifts within the
Hapag-Lloyd has ordered 150,000 twenty-foot equivalent units (TEUs) in an effort to combat slow turn times. The cost — about $550 million — represents one of the German ocean carrier’s largest container orders ever. Import surges at U.S. ports, labor shortages caused by COVID-19 outbreaks and severe port congestion, particularly on the West Coast, all
The Ever Given, the massive container ship that became wedged in the Suez Canal and cut off traffic in the vital waterway for almost a week, has been refloated, authorities said Monday. The ship is currently on its way to Great Bitter Lake, according to Leth Agencies, which is a transit agent at the Suez
The prolonged shortage of shipping containers in China is showing signs of easing, according to Container xChange. The company’s Container Availability Index (CAx) across China’s main ports rose by 56% compared to before Chinese New Year. For Shanghai, CAx rose by 64% and 112%, respectively for 20-foot and 40-foot containers from before Chinese New Year