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Middle East Update – Ongoing Monitoring and Operational Adjustments In light of recent developments in the Middle East, Maersk has resumed vessel calls and cargo acceptance to the Port of Haifa following a period of temporary suspension. According to AAPA, air cargo demand in Asia-Pacific rose 4.9% Maersk Middle East situation update.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
Washington has come to basic terms on trade deals with China, Vietnam, and Great Britain. However, there are still trade tariffs impacting how companies move their cargo, particularly between the U.S. Visibility has worsened and trade barriers have increased since the U.S. Ocean container rates from China to U.S.
seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment. US port operators seek to mitigate hefty expected tariffs on China-built port cranes U.S.
Many importers are shifting to a China Plus One strategy, where core production remains in China while secondary suppliers are established in countries like Vietnam, India, or Indonesia. brands looking to limit exposure to trans-Pacific shipping delays. ports can halt cargo for days or weeks. Delays at major U.S.
Ships advised to keep their distance from Iran around Hormuz Strait Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday. Luxury goods.
Tariff truce will not spark cargo boom at busiest US seaport, executive director says The head of the busiest U.S. HK) confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.
Home Transpacific ocean rates continue to slide; Air cargo out of the Middle East still recovering – July 08, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights.
US demand for China-made goods ebbs on tariff worries; ocean shipping rates drop Rates for shippingcargo containers from China to the U.S. Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N) Target explores factory-direct shipping model, Bloomberg News reports Target (TGT.N)
This was evident in the apparel industry, where brands such as Nike faced delays after tariffs on Chinese textiles prompted a shift to suppliers in Vietnam and Bangladesh. The company reportedly plans to shift 15% to 20% of its production to India and Vietnam by 2026, reducing exposure to U.S.China tariffs. Agriculture U.S.
Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear.
In any case, the reduction in US sourcing from China for the last few weeks will start to be felt soon in fewer May container ship arrivals and lower import volumes. Following the USs suspension of de minimis eligibility for Chinese goods last week, Temu announced it will no longer ship goods directly from China to US customers.
For retailers, US-Vietnam trade deal leaves questions A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear and clothing retailers like Nike and Adidas that source shoes and clothes from factories in the Southeast Asian country, industry experts said on Thursday. They tried Made in the USA.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Click here to send us your comments The story is well known.
and Vietnam have been far short of comprehensive, leaving many details unclear. Shipping Costs Threaten to Deliver a New Price Shock More from this author Subscribe to our Daily Newsletter! Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S.
has begun shipping commercial jets to China for the first time since early April, indicating a reopening of trade flows despite the long-simmering tariff war between the U.S. Dockworkers, Port Employers Set to Restart Talks Bloomberg Vietnam Inks Deals to Buy $3 Billion U.S. and Asia’s biggest economy. and Asia’s biggest economy.
2024 Typhoon Season has Caused Billions in Agricultural Losses This year’s typhoon season has been particularly disruptive, severely affecting port operations and shipping across the western Pacific, with significant storms such as Gaemi, Ampil, Shanshan, Yagi, and Bebinka impacting Taiwan, China, Japan, Vietnam, and the Philippines.
Interestingly, while rates from China have declined, prices from Taiwan and Vietnam have remained elevatedlikely reflecting importers’ rapid pivot to alternative sourcing markets. Cash Flow Crunch Cash flow is always top of mind for small business, especially importers who have to front payments for their cost of goods. .”
It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.
South Korea has 71 airports with paved runways, more than half of which can support cargo jets. As of 2019, it has 1,880 vessels, of which 83 are bulk carriers, 86 are container ships, 368 are general cargoships, and 187 are oil tankers. The country also has 466 heliports. With a workforce of 27.75 Special Circumstances.
When products are available, shipping has gotten choked up due to historically heightened demand , COVID-related port shutdowns and storm-created chaos. Seventy-three cargoships await unloading at the ports of Los Angeles and Long Beach on Saturday, a record. Port closures and shipping container shortages.
Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations. It takes time to turn a moving ship around, though, so this will not happen immediately.
The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! bankruptcy code. Sherwood of the U.S. Bankruptcy Court in Newark, N.J.
That includes anticipating every possible contingency to mitigate disruptions in shipping. Unpredictability in shipping. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia.
Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. And, according to some analysts, things could get worse—a whole lot worse!
Airlines that operate both passenger and cargo aircraft are keen to leverage passenger flights—with high yield passengers on the main deck and cargo in the belly—and limit exposure on freighters. Generally speaking, there are more aircraft in the air with less cargo capacity per flight. importers and the outlook is cloudy.
A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.
Airlines that operate both passenger and cargo aircraft are keen to leverage passenger flights—with high yield passengers on the main deck and cargo in the belly—and limit exposure on freighters. Generally speaking, there are more aircraft in the air with less cargo capacity per flight. importers and the outlook is cloudy.
The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor. PST will ship the same day. In early 2013, Belk launched a vendor-direct program.
How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. Much like Freightera, they specialize in ground freight shipping and they operate across North America.
How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. Much like Freightera, they specialize in ground freight shipping and they operate across North America.
Most impacted are Asian exporters such as China, Vietnam, and Malaysia where rigorous policies to contain any COVID-19 outbreaks are leading to factory and port shutdowns. Outbreaks in Vietnam and other Asian countries are being met with strict quarantine and distancing policies to prevent the infections spreading.
After Gap experienced factory delays in Vietnam, it started working with Mexican and Central American manufacturers to cut down on lead times. Sellers, like Home Depot and Walmart , are chartering their own cargoships to ensure freight capacity for their products. As the U.S. Please get in touch with our experts.
The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.
For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. These samples and their shipping will cost you. During dispatch and packing to ensure the right goods and quantity are shipped out. At the dock to ensure that the correct goods are loaded and shipped.
For example, China for just about everything that can be made, Vietnam for clothing and shoes, and Bangladesh for garments. These samples and their shipping will cost you. During dispatch and packing to ensure the right goods and quantity are shipped out. At the dock to ensure that the correct goods are loaded and shipped.
The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.
That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.
In any case, the reduction in US sourcing from China for the last few weeks will start to be felt soon in fewer May container ship arrivals and lower import volumes. Following the USs suspension of de minimis eligibility for Chinese goods last week, Temu announced it will no longer ship goods directly from China to US customers.
Though country-to-country level data shows rates to the US have increased slightly from origins like Vietnam since the tariff pause, prices from China despite reports of a sharp drop in demand have surprisingly not collapsed. Finally for ocean freight, the USTR released a revised port call fee proposal targeting Chinese ship building.
In line with these pandemic times, while the ASEAN meeting was nominally held in Hanoi, Vietnam, it was a virtual signing ceremony that saw 15 countries in Asia Pacific become part of what is now the world’s largest free trade agreement, representing 30 percent of global gross domestic product and encompassing almost 2.3 billion people.
One measure of this is the daily tally of container ships idling outside the congested ports of Los Angeles and Long Beach — the entry point for about 40 per cent of goods imported into the US. Some large retailers, including Walmart and Costco, have resorted to chartering ships to deliver goods. That throughput is fixed in nature.
This trend was apparent in the increases in US trade with Mexico and Canada, and with alternatives in Asia like Vietnam, India, Taiwan and Bangladesh at the expense of Chinese imports to the US which declined from 20% of total US imports in 2018 to 13% in 2024.
Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.
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