HONG KONG -- The U.S.-China trade war is so far having little impact on Pacific shipping, according to Hong Kong-based line Orient Overseas (International), a major player in the market.
Revenue from the company's trans-Pacific routes rose 14.9% in the first half of the year to $1.12 billion from a year earlier, the company said on Monday. For the industry as a whole, eastbound trans-Pacific shipment volumes rose 5.9% in the first half, faster than the pace seen over the same period of the previous two years.
