The China-US trade agreement has revitalized demand from China to the US, presenting new challenges to the supply chain. The reduction in empty vessel sailings has tightened capacity, potentially leading to shortages, delays, and price increases. Users will feel the impact during the upcoming peak season.
OAG On Air interviewed Raúl Revuelta Musalem, CEO of Grupo Aeroportuario del Pacífico (GAP), discussing the group's growth strategies, industry insights, and digital transformation and sustainability initiatives. The interview reveals how GAP is navigating the challenges and opportunities within the aviation industry. It provides valuable insights for other airport operators and investors regarding GAP's approach to growth and adaptation in a dynamic market. The discussion highlights key strategies and perspectives relevant to the broader aviation sector.
North American companies are accelerating their efforts to reduce reliance on China, a trend often referred to as 'De-Sinicization'. Mexico and the United States are potentially the biggest beneficiaries of this shift. Geopolitical factors are a significant driver behind this supply chain reshaping, pushing businesses to diversify their sourcing and manufacturing locations. This move aims to mitigate risks associated with over-dependence on a single country and build more resilient and geographically diverse supply chains.
Flexport and APL have partnered to launch the 'Eagle Express RailFlash' sea-rail intermodal service, reducing transit times from China to the US inland by at least 4 days. This service offers end-to-end visibility and management throughout the entire logistics process, providing enhanced control and efficiency for shippers navigating US-China trade.
This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.
Recently, container freight rates from China to the US have dropped by over 50%. This decline in freight costs reveals potential inflation risks and a shift in demand from US importers. Future market dynamics may be influenced by changes in tariff policies.
Apparel giant Gap anticipates benefiting from tariff relief in the latter half of next year, primarily through adjusting sourcing and production, and implementing targeted price increases. Despite facing tariff pressures, Gap remains optimistic about its holiday season performance and continues to advance supply chain efficiency improvements and technological innovation. This approach offers valuable insights for other businesses navigating trade challenges.
This article provides a detailed overview of key elements for ocean freight from the US to China. It covers transportation methods, cargo types, route selection, price structure, and transit time calculation. This helps you comprehensively understand the ocean freight process, choose the most suitable transportation solution, reduce costs, and improve efficiency. The information provided allows for informed decision-making regarding shipping options and optimizing the supply chain for goods moving between the US and China.
Escalating US-China trade tensions have led some international brands to suspend ocean freight from China to the US. The Port of Los Angeles is experiencing a surge in canceled sailings, posing difficult choices for businesses. While short-term freight volume data remains acceptable, a decline is anticipated in the second half of the year. The trade friction may trigger a reshaping of supply chains, requiring businesses to proactively address challenges and seize opportunities. Companies must adapt to the evolving landscape to maintain competitiveness.
Cathay Pacific saw a significant increase in international air cargo volume in May, boosted by easing US-China trade tensions and increased capacity. Cargo volume rose by 8.1% year-on-year to 734 million FTKs, with tonnage up by 12.2%. The suspension of US-China tariffs boosted short-term demand, with strong performance in live animal transport. Market sentiment is expected to remain stable in June, but close attention to market dynamics is needed. Hong Kong airport's cargo volume growth slowed, with transit cargo providing support.
