As intra-Asia volumes seek to find their footing amid COVID-19, the mounting war of words over China’s initial handling of the coronavirus outbreak could result in a shift of multinational manufacturing from China to other regional players.
27 May 2020
With the US imposing higher tariffs on goods from China, importers of household goods moved production to Southeast Asia last year, primarily Vietnam.
26 May 2020
Increased import tariffs on Chinese-made toys in 2019 caused some shippers to shift sourcing to Vietnam, accelerating the diversion of those cargoes from Los Angeles and Long Beach to ports on the East and Gulf coasts.
31 Oct 2019
Even before Wednesday’s announcement canceling the Nov. 15 Apec meeting in Chile, footwear importers were warned their industry would continue to encounter a drumbeat of uncertainty and possibly higher duty rates.
25 Oct 2019
Imports of household products from Asia increased just 0.6 percent through August because of US-China trade war. But with China’s dominant role in that sector and number two Vietnam at capacity, there will be no significant shift in sourcing away from China.
02 Oct 2019
An unexpected increase in air cargo rates from China to Europe appears to be the result of Asian volumes avoiding transshipment through Hong Kong.
18 Sep 2019
The acquisition of two Van Soest Coldstores facilities complements Lineage’s existing network of refrigerated sites across Belgium, the Netherlands, and the UK.
02 Sep 2019
China’s largest carrier has expanded its Asia network with subsidiary OOCL to capture volume displaced by the US-China trade war.
09 Jul 2019
The recently signed free trade agreement between the EU and Vietnam will initially be tricky to navigate for European importers, but the long-term benefits will be significant.
11 Jun 2019
China’s apparel exports to the US are so far proving to be immune from the tariff war, while Vietnam’s market share for Asia-sourced clothing to the US is on a slow but steady climb.
05 Apr 2019
Container carriers are increasing capacity to Vietnam as manufacturers shift production from China to Southeast Asia.
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