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Last year, the world-port-rankings changed when Ningbo-Zhoushan in Southeast China became the largest port in the world. By then, it had built trade channels with over 600 ports spread across 100 countries. The port, which handles all types of cargo - container, liquid and dry bulk – accounted for an annual cargo throughput of over a billion tonnes last year.“The total cargo throughput of Ningbo Zhoushan Port was 1.08 billion metric tonnes in 2018,” said a port official who did not want to be named.Despite the overall slowing of global trade, the official said cargo volumes at Ningo-Zhoushan would be higher this year.Close Ningo-Zhoushan has managed to race past Shanghai (see chart). Around a decade ago, the largest port used to be Singapore. Then it became Shanghai and now it is Ningbo-Zhoushan. What is even more interesting is that seven of the top ten ports are now from China. related news Oil prices fall as US crude stocks jump Trump will have final say … [Read more...] about Ningbo’s rise as the world’s largest port has lessons for India

Dockless bike share–the free-range, largely startup-driven alternative to the traditional station-based systems in cities like New York and Washington, D.C.–does not exactly have the best reputation. Headlines call the brightly colored bikes a “nuisance” and accuse them of cluttering city sidewalks (or in some cases, ending up in trees). advertisement advertisement So it may come as a surprise that Minneapolis–whose Nice Ride program, launched in 2010, was one of the first docked systems in the U.S.–is shifting to a dockless model. But Bill Dossett, who’s headed up Nice Ride since its inception, feels confident that both the company and the city of Minneapolis have landed on a solution that could cure the woes of dockless bike share–and actually realize its potential for creating a more expansive, flexible, and equitable bike-share system for a city. as Dallas notoriously did before terminating the program last month, Nice Ride, … [Read more...] about Minneapolis would like to cure your dockless bike-share skepticism

In today’s data-driven, digital business landscape, businesses have little choice but to jump on the transformation bandwagon. That, of course, is often easier said than done. advertisement advertisement The following examination of readiness will help business leaders through the process of transforming from how to get started to what actions are needed to elevate, innovate, and disrupt. Ready to Start The first step of digital transformation is to start—but where? For some small businesses, this might begin with overhauling and managing voice communications via a voice over IP (VoIP) solution, which helps to control costs and streamlines mobility, video conferencing, and online meetings. For others, the first step might involve upgrading their WAN (Wide Area Network). A WAN is a collection of computers and network resources connected through a network over a geographic area, which can bring together distant and disparate assets more efficiently. As … [Read more...] about The five states of ready