News
Higher tariffs to harm US consumers and exporters; economic decoupling from China unlikely, experts reveal
US economic decoupling from China unlikely without military conflict; increased tariffs predicted to severely harm US economy and exporters, say experts on The Freight Buyers’ Club. Jess Dankert, VP for Supply Chain at the Retail Industry Leaders Association, calls for smart trade policies instead of higher tariffs; Professor Jason...
E-retailer demand surge to drive extended boom in trans-Pacific air freight market
• Air cargo demand will enjoy a sustained boost as Chinese e-retailers such as Temu and Shein attempt to establish sizeable market share in the US. • However, following a strategy previously trailblazed by Amazon, more sustainable ocean-based supply chains will eventually emerge, Dimerco Express Group’s Kathy Liu tells...
Shipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse
A reopening of the Suez Canal for container ship transits would see vessel oversupply swamp the market, Hua Joo Tan, Founder of LINERLYTICA, tells the latest episode of The Freight Buyers’ Club podcast. However, he deems this scenario unlikely, and expects rates to strengthen in the coming weeks. April...
Rise in protectionism will benefit forwarders and 3PLs as SMEs seek competitive support
Small and medium-sized companies hoping to compete against larger corporations in international markets will increasingly rely on logistics partners to help them navigate rising trade barriers and cross-border transaction costs, economist and author Marc Levinson tells the latest episode of The Freight Buyers’ Club. Levinson also questions whether the...
Trump tariff threat: Another reason why US shippers are moving cargo early in 2024
“I don’t know if you could call it an early peak season, but certainly everybody has moved their shipping schedules up,” Jon Monroe, President, Jon Monroe Consulting, tells the latest episode of The Freight Buyers’ Club. The threat of major hikes in US import tariffs, combined with the fear of...
Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk and Hapag-Lloyd partnership which will start operating services in February 2025, have the potential to be transformative for customers and carrier alliances, according to leading shippers. “I think it’s doable and I think it will then...
Rates, Robots & Rising Risk: Post-Munich Freight Outlook (video)