No Data
The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.
Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.
CHINA MER PORT: 2024 Annual Report
China Merchants Port Holdings Company Limited's (HKG:144) Earnings Are Not Doing Enough For Some Investors
CHINA MER PORT (00144.HK): HIPG has entered into a structured lease agreement with Ocean Sky Intl.
Gelonghui, April 11 - CHINA MER PORT (00144.HK) announced that on April 11, 2025, its indirect subsidiary HIPG entered into a structured lease agreement with Ocean Offshore. According to the structured lease agreement, HIPG agrees to transfer all legal and beneficial rights, ownership, and interests in the equipment to Ocean Offshore, while Ocean Offshore agrees to accept and be granted all legal and beneficial rights, ownership, and interests in the equipment, allowing Ocean Offshore to subsequently immediately utilize the equipment during the lease period.
Harbour Transportation stocks generally rose, COSCO Shipping Holdings (01919) increased by 7.16%. BOC International pointed out that the tariff dispute between China and the United States has escalated, and the shipping market may soon face a rush for tra
Jinwu Finance | Harbour Transportation stocks rose overall, COSCO Shipping Holdings (01919) increased by 7.16%, OOIL (00316) increased by 4.39%, COSCO SHIPPING Development (02866) increased by 3.57%, CHINA MER PORT (00144) increased by 2.52%, Sinotrans Limited (00598) increased by 2.40%, PACIFIC BASIN (02343) increased by 1.95%, COSCO SHIP ENGY (01138) increased by 1.82%, TIANJINPORT DEV (03382) increased by 1.67%, Liaoning Port (02880) increased by 1.52%, Qinhuangdao Port (03369) increased by 1.36%.
Hong Kong Stock Market Morning Report | AI and other key areas receive renewed attention, DeepSeek becomes the fastest growing AI tool in the Global market.
① The Ministry of Industry and Information Technology will focus on key areas such as AI and critical software, nurturing a batch of platforms for the transformation of innovative achievements. ② DeepSeek's monthly visits exceed ChatGPT. ③ Huawei: Global sales revenue in 2024 is 862.1 billion yuan, with a Net income of 62.6 billion yuan. ④ Li Auto's internal sales target for this year: 0.7 million units for the entire year, with 0.05 million units for pure electric.
The Five-year Shareholder Returns and Company Earnings Persist Lower as China Merchants Port Holdings (HKG:144) Stock Falls a Further 5.3% in Past Week
