Month: May 2025

Articles

Global Trade Disruptions Push Businesses Toward Dual-sourcing Models

Shippers are turning to dual-sourcing as a long-term strategy to navigate ongoing trade policy uncertainties. In just a 24-hour period, U.S. tariff policies have been reversed and then reinstated, highlighting the unpredictability of the global trade environment. Rohit Tripathi, Vice President of industry strategy, manufacturing at Relex Solutions, said the current environment is driving a

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Articles

Evergreen Executive Flags Potential for U.S. West Coast Port Gridlock

Evergreen Chairman Chang Yen-yi said U.S. West Coast ports, especially Los Angeles and Long Beach, could see heavier congestion next month. He cited rising freight rates and the addition of more capacity by ocean carriers as key reasons. At Evergreen’s annual meeting, Chang said the company expected elevated freight rates to last through September as

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Articles

Ramp up of Trans-Pacific Capacity Amid Climbing Freight Rates

In response to increased demand and rising freight rates from Asia to the U.S., ocean carriers are reintroducing capacity on the Far East to North American trades. This move reflects growing confidence in the strength of Trans-Pacific demand. Maersk and Hapag-Lloyd have announced a new express service to the U.S. West Coast, starting June 24

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Articles

Carriers Race to Restore Trans-Pacific Routes

Container services are being reinstated to the Trans-Pacific trade next month in response to the high demand for imports from China. Currently, capacity remains constrained as many carriers had reassigned ships to other routes during the earlier downturn. The temporary tariff truce between the U.S. and China expires on August 14, and peak season cargo

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Articles

Record $90 billion Trade Surplus from Chinese Export Shift to Europe

China’s growing trade surplus with the European Union (EU) continues to raise concerns that the region is becoming a target for redirected exports. Chinese exporters are focusing more on Europe to sustain their global market share, considering higher tariffs imposed by the U.S. on Chinese products. In the first four months of 2025 alone, China’s

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Articles

Red Sea Attacks on Pause, but Risks Remain for Shipping

The U.S. and Yemen’s Houthis have agreed to a ceasefire in a deal brokered by Oman. The Houthis will stop attacking vessels in the Red Sea and Bab al-Mandab Strait but say their campaign against Israel will continue. Experts warn that it is too early to expect safe shipping conditions as the region is “far

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