The multipurpose vessel transportation industry adopts a 'strategic non-action' approach amid tariff uncertainty. Companies monitor market changes while cautiously delaying decisions to manage potential risks and maintain competitiveness. Effective information sharing and communication are crucial factors when navigating an unstable environment.
The trade agreement between the EU and the US will impose a 15% tariff on 70% of imported goods. While this eases trade friction, shipping companies are hoping for more specific details to ensure smooth execution and a stable supply chain.
With new tariff policies on the horizon, the shipping industry is set to face significant challenges. John Lusch from e2open analyzed how these changes will impact the supply chain, emphasizing the importance of data-driven decision-making in adapting to the new rules. Businesses must timely adjust their strategies to maintain competitiveness.
This article explores the profound effects of sanctions imposed on Russia due to the Ukraine war on the shipping industry, including changes in the insurance market, challenges in legal compliance, and adjustments in government regulatory policies. It also analyzes the potential impact of adjustments to U.S. sanctions on Iran and Venezuela on energy supply.
The newly established EU-US trade framework, while avoiding a trade war, has increased import costs for American containers and is expected to suppress transportation demand. Meanwhile, policy changes promoting short-haul transport have altered the shipping patterns for energy goods, potentially leading to profound impacts on the shipping market.
On July 25, stocks in the express delivery industry surged, with Shentong Express hitting the upper limit. Yunda and SF Holding also performed well. This trend reflects the market's confidence in the recovery of the express delivery sector, making it a focal point for investors.
This article explores the processes and considerations of international and domestic shipping, covering the inquiry and customs clearance requirements for both export and import transportation. It outlines the basic steps for bulk and general cargo shipping, highlighting the importance of communication and information sharing to ensure the safe and timely arrival of goods.
Delivery fees are additional costs incurred due to unloading delays when transporting full container loads. These fees significantly impact transportation costs, and understanding their causes and how to handle them can help shippers better manage logistics expenses.
Hidden damage coverage provides protection for transported goods, addressing damage that may not be immediately detected during transit. As a crucial component of cargo transportation insurance, it aids businesses in mitigating potential losses and ensuring safe management of goods after delivery, making it an essential safeguard in modern trade.
Blank voyages are canceled sailings by shipping companies, which can impact your logistics arrangements. Understanding the underlying reasons and response strategies will help you effectively manage the supply chain and ensure the smooth transportation of goods.
