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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

Compounding the shipping stress is the uncertainty about COVID-19, which is still surging in much of Asia. Low vaccination rates throughout Asia are leading authorities to keep social distancing rules and travel bans in place, and these are expected to continue to disrupt manufacturing and logistics, according to the Wall Street Journal.

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How Much Can We Learn from the Last Super El Niño?

Elementum

A strong El Niño can cause drought in Australia, Southeast Asia, and South America—while inundating North America with rain. It also triggered a severe drought in Hawaii which damaged crops and depleted water supplies. Factories in Southeast Asia were forced to stop production during extreme droughts.

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Air Freight Explained: Calculating Costs and Price Trends

Freightos

Steve Jobs famously purchased the entire available air freight capacity along key Asia-US routes to ship the first iMac prior to holiday season. DHL Global Forwarding actually got started by taking ocean freight documents by air to expedite release along a new West Coast-Hawaii ocean line. Seasonal trends in clothing can shift fast.

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Columbus Day/Indigenous Peoples’ Day 2021

Enterra Insights

History.com notes, “Christopher Columbus was an Italian-born explorer who set sail in August 1492, bound for Asia with backing from the Spanish monarchs King Ferdinand and Queen Isabella aboard the ships the Nina, the Pinta and the Santa Maria. Hawaii calls it Discoverers’ Day — in honor of the Polynesian, not European, discoverers.

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Spotlight on trade agreements: IPEF, TPP, RCEP

Resilinc

trade policy circles criticize the IPEF for not going far enough to counter China’s influence in Asia; and others find it a well-meaning but largely hollow effort to help its less-developed members such as Indonesia—who really need better access to the U.S. Many in U.S. Robert D. India, Australia and Japan).

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Climate Change: Companies Must Step-up as Governments Fail to Act

Enterra Insights

From wildfires in Greece and Hawaii to the tropical storm that dumped a record amount of rainfall on Los Angeles, extreme climate-related events have filled the headlines. The McKinsey analysts report, “Globally, Gen Z is growing fast: Gen Zers will make up a quarter of the population of the Asia–Pacific region by 2025.”

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Everything You Need to Know About the Trans Pacific Partnership, In One Place

Elementum

Image credit: Hawaii Independent. Lowered tariffs will likely increase imports of seafood from Asia—but some legislators are concerned about lax border inspections leading to more contaminated food. But news outlets are still reporting lots of different outcomes and potential hurdles. Confused about what the TPP entails?