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RE: LeoThread 2025-03-12 23:33

in LeoFinance11 days ago

Part 1/11:

The Decline of Hong Kong's Container Shipping Industry

Once a dominant force in the maritime sector, the Quai Shing Container Terminal, which accounted for a staggering 80% of Hong Kong's container throughput, now faces a steep decline. The once-bustling terminal now resembles a parking lot of rusting trucks, idling as a result of a 70% plunge in cargo volume. Truck drivers and owners, like Mr. Chen, lament their inability to find work, reporting that their accounting books figuratively bleed red.