by Mike Tseng | Mar 16, 2020 | Imports and Tariffs, Logistics, News, Supply Chain News
Production has slowed in China, which accounts for about half of the incoming cargo in the twin ports The Port of Los Angeles on Tuesday, March 10, reported cargo volumes were down by nearly 23% in February over last year’s numbers for the same month. While the Lunar...
by Mike Tseng | Mar 16, 2020 | Imports and Tariffs, Logistics, News, Supply Chain News
Ports on East and West coasts do expect cargo surge as manufacturing ramps up in China following coronavirus-caused shutdowns. The Georgia Ports Authority (GPA) said in a coronavirus update on its website that it has temporarily discontinued Saturday truck gate hours...
by Mike Tseng | Mar 9, 2020 | Imports and Tariffs, News, Report, Supply Chain News
“In 2020 both governments expect to implement low-cost, high-impact strategies to simplify customs and immigration screening and reduce wait times,” the U.S. State Department said. At T.NETWORK, making the freight process simpler means also managing the associated...
by Mike Tseng | Mar 5, 2020 | Imports and Tariffs, Logistics, News, Supply Chain News
Capacity on the transpacific Asia-US west coast tradelane will be cut by some 7,000 teu a week from May, Alphaliner reports. However, this may not be enough to mitigate the negative drag of US import tariffs and the continued structural move of trade to east coast...
by Mike Tseng | Mar 5, 2020 | Imports and Tariffs, Logistics, News, Supply Chain News
China’s biggest shipyard is selling “coronavirus bonds” to help shore up its finances. China State Shipbuilding Corp. has raised $718.2 million by selling bonds that devote a portion of their proceeds to epidemic prevention and control efforts, the WSJ Logistics...
by Mike Tseng | Mar 3, 2020 | Imports and Tariffs, Logistics, News, Perspective, Report, Supply Chain News
The impact of the COVID-19 virus outbreak on container shipping continues to grow, albeit at a slower pace. At T.NETWORK, our goal is to put the fun back in freight forwarding with you! We strive to have a stable, friendly work environment along with excellent...