Hai Xing Cheng in Suzhou is hiring a cross-border e-commerce Product Manager to focus on developing high-quality products for the European and American markets. This position requires skills in market research, product strategy, competitive analysis, product innovation, and project management. Candidates should possess a solid engineering background and experience in Amazon product development/operations.
The U.S. Trade Representative's Office has initiated a Section 301 investigation into China's maritime industry, proposing revisions to billing practices and LNG export permits. These new regulations aim to counter China's dominance in maritime transport but could increase costs for U.S. businesses and disrupt global trade. Companies need to diversify suppliers, optimize transportation routes, strengthen contract management, and closely monitor policy developments to address supply chain challenges. The investigation and potential new rules highlight the ongoing tensions in US-China trade and the need for businesses to adapt to a changing global landscape.
A JLL report reveals soaring rents and record-low vacancy rates in the US industrial real estate market, signaling strong investment opportunities. Logistics and e-commerce are driving demand, while supply chain restructuring is fueling market growth. Experts predict robust demand will continue for the next 12-18 months. Investors should seize this opportunity by gaining in-depth market knowledge and partnering with professional advisors to achieve steady returns. The report highlights the continued strength and potential within the industrial sector despite broader economic uncertainties.
The escalating port congestion in the United States is deeply analyzed by AAPA Chairman Chris Connor, who identifies surging imports, efficiency bottlenecks, and container shortages as key contributing factors. He highlights the potential benefits of the 'America Jobs Act' for port infrastructure and emphasizes the supply chain resilience lessons learned from the pandemic. Facing the upcoming 'peak season,' Connor urges embracing change and collaborative efforts to address the challenges and promote the healthy development of global trade. The situation requires innovative solutions and proactive measures to mitigate further disruptions.
The ISM's March Non-Manufacturing Report indicates a slowdown in growth, despite the index remaining above the expansion threshold. Key indicators experienced a broad decline, and sector performance diverged. The report reflects uncertainty among businesses, but the overall economy demonstrates resilience. While economic growth is slowing, the underlying economy is still strong. Future developments require close monitoring to capitalize on emerging opportunities and navigate market fluctuations. The report suggests a need for businesses to adapt to the changing economic landscape.
The US Non-Manufacturing Index edged down to 55.5 in July, but remained in expansion territory, indicating a solid economic foundation. New orders and business activity continued to grow, while employment slowed slightly. Sector performance was mixed. Going forward, attention should be paid to the impact of global economic uncertainties and policy factors on the non-manufacturing sector.
The ISM report indicates continued expansion in US non-manufacturing activity in May. The NMI registered 56.9, slightly below the previous month but still above the 12-month average. The employment index showed significant growth, with businesses generally optimistic. However, a decline in the new orders index and labor shortages remain concerns. Overall, the non-manufacturing sector provides important support for US economic growth.
A significant breakthrough has been reached in US railroad labor negotiations, with three unions and railway companies reaching a tentative agreement, potentially averting a potential rail transport disruption. The agreement is based on the Presidential Emergency Board's recommendations, including wage increases and lump-sum payments. However, vigilance is still required regarding the attitudes of other unions and the final ratification results to ensure a comprehensive agreement and safeguard economic stability. The deal aims to prevent a nationwide rail shutdown that could severely impact supply chains and the broader economy.
The US supply chain is facing significant challenges, prompting the Biden administration to seek input from shippers to address issues like port congestion and labor shortages. This article analyzes the root causes of the supply chain crisis, evaluates the government's response, and offers recommendations for shippers. It emphasizes that challenges and opportunities coexist, requiring collaborative efforts from all stakeholders to navigate the current situation and build a more resilient and efficient supply chain for the future.
A US-China Business Council (USCBC) report indicates that while facing trade tensions and pandemic challenges, American companies in China remain confident in the Chinese market. 88% are positive about the Phase One trade deal, but the impact of tariffs is significant. Most companies have no plans to relocate, but supply chain restructuring is becoming a trend. The report calls for the US and China to build a stable economic and trade relationship to create a favorable environment for businesses. This includes addressing ongoing concerns and fostering greater predictability.
