News
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Within 24 hours of the reduction of tariffs between China and the United States, shipping companies collectively raised their US line freight rates by up to $1500.
Policy background On May 12th Beijing time, China and the United States announced a mutual reduction of 91% in tariffs (China's tariffs on the United States increased from 125% to 10%, and the United States' tariffs on China increased from 145% to 30%), which will take ...Read more -
Urgent Notice from the Shipping Company! New bookings for this type of cargo transportation are suspended effective immediately, affecting all routes!
According to recent reports from foreign media, Matson has announced that it will suspend the transportation of battery-powered electric vehicles (EVs) and plug-in hybrid vehicles due to the classification of lithium-ion batteries as hazardous materials. This notice takes effect immediately. ...Read more -
US-EU Reach Framework Agreement on 15% Benchmark Tariff, Averting Escalation of Global Trade War
I. Core Agreement Content and Key Terms The US and EU reached a framework agreement on July 27, 2025, stipulating that EU exports to the US will uniformly apply a 15% benchmark tariff rate (excluding existing superimposed tariffs), successfully averting the 30% punitive tariff originally schedul...Read more -
Amazon ‘Snatches’ Temu and SHEIN Users, Benefiting a Batch of Chinese Sellers
Temu’s Dilemma in the U.S. According to the latest data from consumer analytics firm Consumer Edge, as of the week ending May 11, spending on SHEIN and Temu decreased by over 10% and 20% respectively. This sharp decline was not without warning. Similarweb noted that traffic to both platfo...Read more -
Multiple Cross-Border E-commerce Platforms Announce Mid-Year Sales Dates! The Battle for Traffic is About to Begin
Amazon’s Longest-Ever Prime Day: First 4-Day Event. Amazon Prime Day 2025 will run from July 8th to July 11th, bringing 96 hours of deals to Prime members globally. This first-ever four-day Prime Day not only creates a longer shopping window for members to enjoy millions of deals but also ...Read more -
Amazon will adjust FBA inbound shipping fees starting from June
Starting from June 12, 2025, Amazon will implement a new policy to adjust inbound FBA shipping fees, aimed at resolving discrepancies between sellers’ declared package dimensions and actual measurements. This policy change applies to sellers using Amazon’s partnered carriers t...Read more -
Supply Chain Crisis: Massive Backlogs in the U.S. and Soaring Shipping Rates
In response to the tariff impacts, the US shipping industry is navigating through congested routes as the early peak season approaches. While shipping demand had previously dwindled, the joint statement from the China-US Geneva Trade Talks reinvigorated orders for numerous foreign trade companie...Read more -
The U.S. tariff threats are putting significant pressure on Canada’s beekeeping industry, which is actively seeking other buyers.
The U.S. is one of Canada’s largest export markets for honey, and the U.S. tariff policies have increased costs for Canadian beekeepers, who are now actively seeking buyers in other regions. In British Columbia, a family-run beekeeping business that has operated for nearly 30 years and has hundr...Read more -
In January, the cargo volume at the Port of Auckland performed strongly
The Port of Oakland reported that the number of loaded containers reached 146,187 TEUs in January, an increase of 8.5% compared to the first month of 2024. “Strong import growth reflects the resilience of Northern California’s economy and the confidence shippers have in our ga...Read more -
Shipping Industry Outlook: Risks and Opportunities Coexist
The shipping industry is no stranger to fluctuations and uncertainty. However, it is currently undergoing a prolonged period of turmoil due to numerous geopolitical challenges significantly impacting the maritime market. Ongoing conflicts in Ukraine and Gaza continue to disrupt the industry from...Read more -
Price increase across the board! The additional tariff burden will be borne by American consumers!
Recently, several multinational companies have issued warnings about the potential impact of the U.S. government’s tariff policies on their performance. French luxury brand Hermès announced on the 17th that it would pass the additional tariff burden onto American consumers. Starting from ...Read more -
Export Notice: All ports in Japan are on strike. Please be cautious of potential delays in shipments.
According to reports, the Japan National Harbor Workers Union Federation and the All Japan Dockworkers and Transport Workers Union recently organized a strike. The strike is primarily due to employers refusing the union’s demand for a wage increase of 30,000 yen (approximately $210) or a 1...Read more
