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November 11 2019

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November 11 2019 | The Journal of Commerce 3 www.joc.com Contents November 11 2019 • Vol 20 • Issue 23 Delivering Global Trade and Logistics Intelligence. Since 1827. The Journal of Commerce Special Reports 20 Special Report: Asia–Europe Carriers and Ports Against the current Europe's two largest hub ports are bucking the global trade slowdown Falling astern Blank sailings are mounting on the slumping Asia–Europe trade Riverfront rail line Cosco and Duisport will develop a new Asia–Europe rail gateway Better together A new terminal alliance aims to end Hong Kong port's volume slump 30 Special Report: Container Shipping Burning desire Seeing a competitive edge, container lines are doubling down on exhaust scrubbers Cold shoulder MSC has joined CMA CGM and Hapag-Lloyd in rejecting the Arctic shipping route Exceeding expectations The recent financial performance of K+N and Maersk shows there is still growth to be had Departments 15 International Maritime Valuation tests WeWork's valuation collapse is raising questions about fellow SoBank investment Flexport Challenger deep Virginia is making moves to become the deepest US East Coast port Palmetto State port development Charleston is boosting its capacity amid 'unprecedented' volume growth 28 Government Some exclusions apply US import tariffs can sometimes be avoided, but at a cost 36 Surface Transportation Digital overhaul Technology is poised to 'revolutionize' the US trucking industry Cost of revolution Technology will spur LTL price hikes Sunny side of the street Small US trucking firms are 'maintaining' a positive outlook 10 Cover Story Export wave US resin shipments are rocketing as new plants come online Columns 4 Agonizing exports By Mark Szakonyi 29 From shortage to scarcity By Lawrence Gross 46 Risky business By Peter Tirschwell Every Issue 6 Spotlight 42 By the Numbers 44 Colin Barrett's Q&A 45 Classified Ads

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