Following nearly two years of increased duties/tariffs related to many retaliatory programs, aimed at unfair trade practices, as well as escalating costs via air, ocean rail and truck many importers are seeing an ever-increasing hit to their cash reserves. The
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With the strong support and guidance of governments at all levels, Yantian International has strictly implemented the COVID-19 prevention and control work and has promoted the resumption of work and production in the port area in an orderly manner.
Source: National Retail Federation Press Release – June 7, 2021 Imports at the nation’s largest retail container ports saw their busiest April on record and May could turn out to have set a new all-time record as vaccines allowed consumers
A number of COVID-19 cases had emerged at the port last week, and tightened health and safety measures have been rolled out by local authorities. This advisory includes the latest updates, as well as contingency plans from our carrier partners.
Transpacific Market U.S. Imports from Asia in April increased by 29.3% on a year over year basis to 1.55 million TEU, according to IHS Market. While this does represent a 6.6% month over month decrease in volume, the decline should not
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