TPEB TRADE OUTLOOKDate: October 22, 2021Dear customers, We expect to see the market demand to be stronger for Trans-Pacific eastbound market toward the end of this quarter due to below reasons. Space and equipment continue to be scarce. We’ve summarized some of the current TPEB market...
Dear valued customers, On 8/11/2021 (Wed), Ningbo terminal had a worker who tested positive for COVID-19 and is raising the specter of a Chinese port meltdown given officials’ aggressive effort to contain the pandemic and pre-existing vessel congestion in Ningbo and nearby Shanghai.If you ship ...
Source from : China-U.S. container shipping rates sail past $20,000 to a record (cnbc.com)KEY POINTSContainer shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box.The acceleration in Delta-variant Covid-19 outbreaks in several counties has slowed globa...
Dear customers, We continue to see a very strong Trans-Pacific eastbound market situation since the first quarter of 2021 to now. Space and equipment continue to be scarce. We’ve summarized some of the current TPEB market updates as below for you. US port congestion is still a pr...
Dear Customers,We are seeing serious port congestions in north America ports, especially for LA/LB, which also affects the vessel schedules unstable recently. Carriers are also filing port congestion surcharges onto the shipment due to these circumstances.Listed below is the most updated list by Ste...
The congestion and COVID issues at Yantian.https://www.seatrade-maritime.com/ports-logistics/delays-14-days-expected-yantian-port-due-tighter-covid-controlshttps://splash247.com/wheres-the-ceiling-for-box-shipping/...
Please be advised USPTI has officially received our Taiwan business license effective May 6,2021.USPTI will officially open our USPTI Taiwan office on May 14.2021.Our office address is:USPTI Taiwan , Inc.10F, NO, 289 SEC 4, Zhongxiao E. Rd.Da An Dist. Taipei City 106450, TaiwanT : 886-2-27789770F :...
Dear Client, We are facing a critical time in our industry that has not been experienced for years and it is making it very challenging in regards to the effect on all supply chains. See the below information: Equipment shortages in China are being experienced. Carriers are doin...
Dear Valued Customer; The Trans -Pacific import market remains extremely strong with cargo volume exceeding vessel and container supply. Although West Coast demand continues to exceed supply, the East Coast demand far exceeds the East Coast supply.Blank sailings, terminal congestions coupl...
Dear Valued Client, We continue to see a very strong market thru the first quarter of 2021 and beyond. Space, and equipment continue to be scarce due to strong demand up to and immediately after Chinese New Year. It appeared that there will not be a slow season and the strong c...
Dear Valued Client The extremely strong trading condition, with container volume exceeding available supply, is forecasted to remain strong through Chinese New Year. Equipment shortage throughout Asia will continue to impact the ability to secure equipment necessary for booking. ...
Dear Valued USPTI Customers ONE Line Apus Update Incident Update and Market Impact ONE Apus is now confirmed to be safely berthed in the Port of Kobe after losing 1,816 containers overboard when it encountered severe weather on Monday, November 30, 2020. A full safety inspection...
Dear Valued Client; Thank you for your support during these difficult times. The past six months have been challenging due to the uncertainties created by the CoVid 19 pandemic. Demand for container space has outpaced container capacity and has created unprecedented increases in ocean frei...
Trans-pacific Import trading conditions are being impacted by uncertainty in duties and in general a concern over general economic conditions.Although volume is not anticipated to peak as substantially as in the past, carriers are voiding sailing which impacts supply and demand on a weekly base. Alt...
The First Sale rule could offer significant tariff savings for US importers.However, few companies have adopted this rule in practice, as the legal requirements, documentation headaches, and practical problems involved can be daunting at the beginning.Firstly, the multi-tier transaction generally mu...
Dear Valued Client,USPTI senior management is in Asia for the routine yearly travel schedule and preparing for the spaces allotment and protection for our clients during the upcoming peak season.During all the meeting and discussion with various ocean carriers we anticipate available container space...
As we move toward the historical Trans Pacific Eastbound contracting renewal season (May 1 ) we draw your attention to numerous blank (cancelled) during March, April and May. As carrier struggle with supply and demand, many carriers are opting to cancel sailings in an effort to artificially address ...
Trading conditions in the Trans-Pacific continue to remain volatile.USPTI anticipates a strong market in late October, November and early December asclients push to have goods received and entered into US commerce prior to the proposedadditional increases in tariffs (import duty) to 25%. The anticip...
Dear Valued Client;Please be advised that the Shanghai and Ningbo areas are being negatively impact by inclement weather.The area is under typhoon warning/alerts for several potential storms.Due to weather related condition carrier will typically adjust their schedules. We anticipate potential disru...
Dear Valued Client;The Trans-Pacific Import market remains robust. In addition to the historical surge of import volume during this time of year we opine that the ongoing dialogue between the world’s two largest GNP’s on tariffs is creating a rush to get goods entered into the USA prior to scheduled...
