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Covid-19 Shipping Problems Squeeze China's Exporters

Updated Jan. 3, 2021 11:34 pm ET
HONG KONGâA logjam in the global shipping industry is testing the resilience of Chinaâs exporters, who have driven the countryâs economic recovery by churning out goods to meet surging global demand during the Covid-19 pandemic.
That demand in recent months has outpaced the capacity of a global shipping industry that has been slowed by pandemic safety measures. Chinese exporters have been paying sharply higher rates and struggling to find containers for their goods.
Chen Yang, who runs a textile trading unit at a state-owned enterprise in the southern city of Hefei, said the business, which mostly exports to the U.S., has weathered the pandemic and the China-U.S. trade war, but he expected to lose money in 2020 in part because of a sharp rise in shipping costs. ....

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Global Ground Support Equipment Market (2020 to 2025) - Automation of Services and Modernization of GSE Presents Opportunities

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ResearchAndMarkets.com s offering.
The ground support equipment market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025.
The COVID-19 has taken a colossal toll on the world s economic activity with individuals, organizations, governments, and businesses having to adapt to the challenges of the crisis. Air travel restrictions across various regions for both domestic and international flights have led to inactive fleets across the globe. Like many other sectors, the ground support equipment market is also heavily impacted by the COVID-19 pandemic.
According to the Airport International Council (ACI) analysis, the impact of COVID-19 on the airport business will result in a 58.4% reduction in passenger volumes in 2020 compared to 2019. The airport industry is anticipating a 60% reduction in revenue as compared to the pre-COVID-19 projected baseline. The substan ....

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Worldwide Ground Support Equipment Industry to 2025 – Players Include Gate GSE, Hydro Systems & Instant Upright – ResearchAndMarkets.com

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ResearchAndMarkets.com’s offering.
The ground support equipment market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025.
The COVID-19 has taken a colossal toll on the world’s economic activity with individuals, organizations, governments, and businesses having to adapt to the challenges of the crisis. Air travel restrictions across various regions for both domestic and international flights have led to inactive fleets across the globe. Like many other sectors, the ground support equipment market is also heavily impacted by the COVID-19 pandemic.
The mobile GSE segment is estimated to account for a larger share of the ground support equipment market in 2020 as compared to the fixed GSE segment. ....

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Worldwide Ground Support Equipment Industry to 2025 - Players Include Gate GSE, Hydro Systems & Instant Upright - ResearchAndMarkets.com - Press Release

Worldwide Ground Support Equipment Industry to 2025 - Players Include Gate GSE, Hydro Systems & Instant Upright - ResearchAndMarkets.com - Press Release
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