General – world-logistics China

Logistics Transport China to USA – China Yiwu’s foreign trade orders plummeted, Colgate switched to aircraft to transport toothpaste and toothbrushes, and a container to the United States cost nearly US $19000… When is the turning point of the global supply chain crisis?

admin — Wed, 17 Nov 2021 15:31:00 +0000

Logistics China to USA – China Yiwu’s foreign trade orders plummeted, Colgate switched to aircraft to transport toothpaste and toothbrushes, and a container to the United States cost nearly US $19000… When is the turning point of the global supply chain crisis?

According to CCTV finance and economics, with the recovery after the global economic epidemic, “made in Yiwu” is flowing from China to more than 200 countries and regions every day. However, a global supply chain crisis has blocked the outflow of “made in Yiwu”, resulting in a sharp drop in orders of local foreign trade enterprises, overstock of inventory, tight cash flow and other problems. However, experts also pointed out that the high freight rate of containers may have ushered in an inflection point.

▲ experts say that the high freight rate of containers may have ushered in an inflection point, according to the network

How long will this supply chain crisis that makes global enterprises collectively “painful” last? What new challenges have the “anti globalization” in the crisis and the rise of the trend of nearshore production brought to the global industrial chain? Will it have a long-term impact on Chinese enterprises? In this regard, Mei Xinyu, a researcher at the Institute of international trade and economic cooperation of the Ministry of Commerce, made a professional analysis in an interview with red star news.

Orders of foreign trade enterprises in Yiwu plummeted

It costs nearly 19000 US dollars to send a container from China to the United States

According to CCTV finance and economics, since last year, the global container freight rate has continued to rise, and the quotation in the container market of some routes once soared to more than ten times. Yiwu, Zhejiang Province, is an important concentration of China’s foreign trade commodity export. The drastic change of container freight rate also has a great impact on Yiwu’s commodity export. Some goods can’t bear high freight rates. Many overseas buyers suspend orders and postpone or refuse to accept orders for some goods with low value. In addition, affected by the epidemic, many international merchants are inconvenient to travel, and the passenger flow in Yiwu Trade City is also much lower than before, resulting in a significant decline in the order volume of many stores this year.

▲ the picture of epidemic recovery hitting the global supply chain crisis was released according to Yiwu

Mei Xinyu, a researcher at the Institute of international trade and economic cooperation of the Ministry of Commerce, pointed out that the global supply chain is a problem that affects the whole body. The actual impact on Chinese enterprises is mainly in two aspects. First, the biggest impact is that after Chinese goods are produced, they have to be transported to customers for a long period of time, which has a great impact on trade. Second, some components needed by Chinese businesses can not be supplied in time.

Overseas enterprises at the other end of the supply chain are also suffering from it. The supply chain of 18 countries of Stanley Black & Decker, one of the top 500 companies in the United States, is facing a complete reset in this crisis. It is reported that the delivery time of Stanley’s products from Chinese factories to American stores this year has tripled compared with that before the epidemic, reaching nearly 90 days. In addition to the shortage of containers, the problems of port congestion, driver shortage and railway delay in the United States have also increased Stanley’s freight cost seven times. This is not the worst example. According to freightos index, a standard container full of clothes, toys, furniture or industrial accessories from China to Los Angeles now costs as much as US $18730, more than 13 times the price before the epidemic. In addition to the rise in freight and the extension of the cycle, American enterprises are also facing a shortage of computer chips and other accessories, affecting the production progress.

Don Alan, chief financial officer of STANLEY, said with emotion, “COVID-19 has fundamentally shaken the supply chain.” he pointed out that the crisis “illustrates the importance of the strategy close to the sales place. The shorter the product transportation time, the better your situation.” now, in order to cope with the most significant changes since the globalization process of the supply chain 30 years ago, Companies around the world are changing their strategies.

Colgate switched to aircraft toothpaste and toothbrush

“Eighteen martial arts” of enterprises in various countries to deal with the supply chain crisis

According to foreign media reports, many enterprises initially adopted some temporary measures to try to alleviate the supply crisis. Eaton, an industrial manufacturer, sent its own experts to fight side by side with suppliers; Colgate switched to more expensive air transportation for its toothpaste and toothbrush; Wal Mart charters its own ships to avoid delays.

▲ with the continuation of supply chain problems, enterprises began to seek more long-term measures. It has become a trend to use regional supply chain for “nearshore” production

However, with the continuation of supply chain problems, enterprises began to seek more long-term measures. It has become a trend to use regional supply chain and carry out “nearshore” production. Many overseas enterprises began to rewrite their “production manual”, change the traditional strategy of seeking low-cost supply and turn to new suppliers or different source countries, Use regional supply chain to ensure supply.

At present, some enterprises, including Ge, even directly redesign their products to reduce their dependence on some components and materials vulnerable to the impact of the supply chain. Honeywell monitors supply problems every day, and its engineers have also modified the design of sensors and fire protection systems to use more abundant computer chip components. In order to better cope with future supply chain emergencies, the company also developed a dual resource strategy for some products and signed long-term single contracts with key suppliers to ensure supply.

In addition, the soaring freight costs and unpredictable transportation conditions have undermined cross ocean logistics and shaken the previous dominant production theory – accessories arrive at the factory “on time” to complete assembly. Willy Shih, a professor at Harvard Business School, pointed out that manufacturers of complex products are now struggling with spare parts. They are saying to suppliers “I need more of this” every day. At the same time, they are hoarding due to shortage, “just in case, I need to prepare more”. However, when people hoard goods for “just in case”, it actually makes the shortage problem more serious.

The inflection point is coming? Dawn?

Expert: it will take some time for the freight rate to fall down. We can’t rule out the possibility of deterioration

When the crisis is making everyone anxious, experts pointed out that the high freight rate of containers may have ushered in an inflection point. The most tense time has passed, and now it has entered a process of gradual decline.

▲ Mei Xinyu said that in addition to the relationship between supply and demand, some of the reasons for the high freight rate of containers are speculative capital speculation.

In this regard, Mei Xinyu pointed out that the reason for the high freight rate of containers is not only the relationship between supply and demand, but also speculative capital speculation. At present, some freight rates have fallen, but the gradual decline process still needs some time. From the perspective of ship supply, logistics transportation and trade unions in western countries and importing countries, it will take some time for prices to normalize, and the possibility of further deterioration cannot be completely ruled out. At present, domestic foreign trade merchants need to ensure container supply and transportation as much as possible, and pay attention to avoiding exchange rate risk.

In addition, according to CCTV finance and economics, some industry experts believe that there are still a large number of backlog orders in China, and the loading rate of container ships is still high, so it is difficult for freight rates to fluctuate sharply in the short term. However, on the other hand, the marginal supply and demand of containers has eased, so it is necessary to be vigilant against the risk of freight rate diving caused by the downward loading rate in the future.

Can I ask where is the way?

“Reverse globalization cannot become a big climate”

Will the “anti globalization” and regional supply chain adopted by overseas enterprises become an inevitable trend in the future? Will it affect the layout of the global supply chain and even Chinese enterprises? In this regard, Mei Xinyu said, “without the full and sustained political intervention of major countries, anti globalization cannot become a big climate.”

Mei Xinyu believes that in the long run, the strategies adopted by overseas enterprises such as nearby production and reducing transportation are not effective. In the end, enterprises may find that their efficiency and supply are more affected than imports from other countries.

Soren Skou, CEO of Maersk, the world’s largest container shipping group, also pointed out that there is no huge return at present, because the real problem during the epidemic is not distance. “If you choose to go ashore and build your factory in Mexico or Eastern Europe, you are still vulnerable to the epidemic.”

In fact, this “anti globalization” shift is the result of the turmoil in the supply chain in recent years, including the trade war launched by the trump administration, a once-in-a-century global public health crisis, and extreme natural disasters that occur more frequently on all continents.

In fact, there is no perfect strategy to deal with supply chain problems, and regional supply can not solve all problems. Even if the domestic supply chain is 100%, the production of enterprises will be impacted by their domestic problems, such as the cold wave in Texas last winter or the destruction of railway bridges by wildfires in Australia.

Mei Xinyu believes that in the long run, some new methods can be considered for China’s logistics and transportation mode, such as domestic and foreign joint investment in the United States and Europe to buy appropriate ports and terminals, so as to ensure or even improve the efficiency of logistics and transportation. Spencer Shute, a supply chain consultant of Proxima company in Boston, predicted that enterprises will appear a “mixed” mode under the epidemic, and mix a more cautious and more costly “just in case” strategy in the traditional supply chain operation mode.

Fastest logistics Shippment From China To USA Less 15 Days , If you Let’s act as your freight forwarder and act as your agent to send container logistics from China to the United States

We’ve strong relationship with COSCO, ONE, YML, MSC & so on, we can supply you the fastest & cheaper shippments & contianers.

Your goods will arrive USA arorund 12-15 days if make cooperation with our company. We can service CIF, DDU & DDP.

We’ve many containers & SO, please be free to contact us to get.

Looking forward to get your reply for asking us about the shipping price.

Welcome to World Logistics

admin — Thu, 16 Jan 2020 13:54:51 +0000

Transport-Sharing Tips For the Savy Businessman

Many customers contact air transportation for the first time and don’t know how to book space online. Therefore, we will give you a detailed explanation!

Air cargo companies will have special staff responsible for booking space. In the early years, it was mainly in paper form. With the development of network informatization, most of the current air cargo booking personnel use online booking. Air cargo booking needs to provide detailed information of the goods to be transported, including volume, gross weight, quantity of goods and type of outer packaging (mainly including carton, iron box, cardboard and wooden box)

In addition to the above information, the cargo name (including Chinese and English) shall be written clearly. If the air cargo is large cargo, the length, width and height (unit: cm) must be indicated, and then the flight flag and cabin of the airline shall be determined. If the cargo owner has special requirements, the air booking personnel shall negotiate with the airline, and finally the airline shall determine whether it can meet the special requirements of the cargo owner

After receiving the air waybill and air booking list, the cargo owner must check carefully. Before the goods enter the warehouse, the air booking information must be checked. The operator must first check the shipper, consignee, airline and English cargo name with the customer

The operator shall arrange the warehousing time of the goods according to the flight conditions and the readiness of the goods, and do a good job in the connection of customs declaration materials. The operator shall tell the customer to ensure that the outer packaging of the goods is consistent with the previous registration, and keep the outer packaging intact, so as to avoid the rejection of the airline, whether the customs declaration materials are complete and whether there are accompanying documents. The customs declaration materials and accompanying documents shall be delivered to the airport with the goods or express to the airport before the goods Customs declaration department

Safety Precautions For Long Transport

Booking space is not easy. How to ensure the safety of goods and funds?

2020, for COVID-19, for shipping industry, the only certainty is that the future is full of great uncertainty. In a time of great uncertainty, how to ensure the owner’s capital and cargo safety has become an urgent problem to be solved.

2021 is destined to be a year worthy of being recorded in the history of container transportation. The word “difficult to find a container” has spread from the working group to the industry communication group, to the hot spots of the industry media, and then to the focus of the media. Under the rising index, foreign trade container transportation, dry bulk cargo transportation and domestic trade container transportation are the same exclamation in each market segment, The post epidemic era has given a special color to this industry.
This round of prosperity cycle of international logistics and transportation industry is unexpected to all analysts, which drives the whole industry (except oil tanker transportation) towards a tense, intense and hot atmosphere. Of course, the domestic trade container transportation market has always had its own pace of development. The phenomenon of low-cost competition a few years ago has gradually eased. After nearly 10 years of ups and downs, the trend of “three pillars” has taken shape, and the competition pattern tends to be dynamic and stable.

Under such conditions, the capital chain and supply chain of shippers and shippers are always in a tense state, and the safety and stability of capital goods is particularly important.
With the fierce competition in the foreign trade market, the same problem in the domestic trade market under the siphon effect is more obvious, especially in the traditional freight forwarding market mode, the container space obtained by the real shipper may have been transferred 4 or 5 times, which is not uncommon, and the complex relationship and changes in the middle make it difficult to protect the legitimate rights and interests of the shipper. The cargo owner and consignor book space from the intermediate party and are required to pay a high deposit in advance because “it is difficult to get one box”. If the delivery plan is changed, they will also be required to compensate a large amount of liquidated damages, which poses a considerable challenge to the capital turnover of goods and consignors. What’s more, relying on the current situation of short supply, the intermediate freight forwarder made a profit and left, resulting in the real owner being detained by the large freight forwarder, resulting in double losses of capital and goods.

All these costs will be transferred to the real physical manufacturers in various ways, and then there will be an endless vicious circle. How to effectively avoid these risks and reduce unnecessary intermediate links may be the best way to be effective.
Digitalization empowers the supply chain and promotes the development of domestic trade centralized transportation
The theme of 2021 service trade fair, which ended in Beijing last week, is “digital opens the future and services promote development”. As a part of service industry, transportation industry is also facing the trend of digitization. Under the impact of digital information technology, the traditional organization mode of layer by layer freight forwarders has been hit by dimensionality reduction. Specific problems similar to capital and cargo safety have also been proposed one after another in the development of digitization.
In recent years, the application of digital technology in logistics and transportation industry has been popularized, and the logistics process, logistics organization and logistics mode have been upgraded. At present, a large number of relevant enterprises or platforms have been enthusiastically launched in the market. We can see that from a single mode of transportation to a variety of modes of transportation, from ship owners, freight forwarder booking platforms to tool enterprises, under various dimensions and different entry points, real shippers actually have more real, transparent and fair choices. In particular, the platform independently established by ship owners provides a safer guarantee for the transportation needs of small and medium-sized cargo owners.

How to ensure transportation safety, represented by world logistics, Pan Asia e-commerce, a deterministic trading platform, has been established since 2014, and has been committed to the scene of the combination of shipping logistics and new technologies. In addition, Pan Asia shipping has also launched the domestic trade integrated electronic booking platform panhub. For the capital and cargo security problems faced by cargo and shipper enterprises, Pan Asia shipping can directly Book Space online through direct connection to the Pan Asia shipping ship owner platform, reduce intermediate links, improve transportation efficiency, and effectively avoid various risks that may occur during transportation.

The Benefits of Prebooking

admin — Thu, 16 Jan 2020 13:54:21 +0000

Save Time & Guarantee Your Ride

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque sed justo ultrices, dignissim dui at, laoreet dui. Quisque ut felis et neque dignissim ultricies vitae quis tellus. Nullam mattis cursus ornare. Nulla nec molestie erat. Suspendisse nec gravida ante. Donec quis tempor arcu. Quisque sed vestibulum mi.

Praesent ornare, erat nec efficitur tincidunt, est lacus maximus libero, non viverra elit nunc nec est. Fusce volutpat dolor eu finibus sagittis. Morbi ac sapien diam. Nullam id laoreet arcu. Fusce ultrices est vitae commodo vehicula. Duis rutrum neque id ante pellentesque, non condimentum ex laoreet. Aenean mattis at dolor at rhoncus. Curabitur et dui sagittis, feugiat elit sed, tincidunt nulla. Nulla dolor nunc, consectetur consectetur tellus eget, vulputate tincidunt sem. Aliquam tempus, orci ac ullamcorper lacinia, ipsum urna pellentesque lacus, in ornare orci sem at sapien. Cras maximus, arcu maximus accumsan porta, diam velit bibendum odio, non blandit ante dui sed est. Fusce ligula nisl, venenatis vel justo ac, euismod elementum ligula. Aenean gravida ex eu augue varius imperdiet. Pellentesque laoreet tempor nulla sit amet ornare.

Safety Precautions For Long Journeys

Nullam quis tempus lacus. Sed congue enim non vestibulum pharetra. Etiam et porttitor magna. Curabitur tincidunt auctor augue, at varius arcu euismod ut. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed nulla ante, bibendum eget tempor non, aliquet quis ante. Suspendisse eget fringilla urna, sed venenatis risus. Pellentesque faucibus orci nisl, sit amet ullamcorper nunc fermentum sed. In id consectetur dui. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Pellentesque vitae est metus. Nullam in interdum mauris, sit amet auctor nulla. Pellentesque auctor at dolor ut feugiat. Nunc tincidunt nibh nibh. Aliquam mollis mollis ante eget auctor. Proin ipsum odio, sollicitudin a imperdiet eu, aliquam eu sem.

Praesent pharetra lectus quis tincidunt condimentum. Praesent id orci pulvinar, feugiat neque condimentum, ornare metus. Sed tempor dolor ac semper viverra. Aenean volutpat nulla in gravida ornare. Duis commodo pulvinar mauris et consectetur. Fusce viverra lacus a purus tempus, vel egestas arcu hendrerit. Suspendisse congue sem eget consequat pulvinar. Ut efficitur est quis magna tincidunt sodales. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Suspendisse in elit sed nulla cursus volutpat.

General – world-logistics China

Logistics Transport China to USA – China Yiwu’s foreign trade orders plummeted, Colgate switched to aircraft to transport toothpaste and toothbrushes, and a container to the United States cost nearly US $19000… When is the turning point of the global supply chain crisis?

Logistics China to USA – China Yiwu’s foreign trade orders plummeted, Colgate switched to aircraft to transport toothpaste and toothbrushes, and a container to the United States cost nearly US $19000… When is the turning point of the global supply chain crisis?

Welcome to World Logistics

Transport-Sharing Tips For the Savy Businessman

Safety Precautions For Long Transport

The Benefits of Prebooking

Save Time & Guarantee Your Ride

Safety Precautions For Long Journeys

Share a Cab, Save The World

Travel with friends or make new ones

Safety Precautions For Long Journeys

Cab Driver Diaries

Be kind to your cabbie, always!

Safety Precautions For Long Journeys

The Evolution of the Taxi

The Taxi Cab, How it started, where it’s headed

Safety Precautions For Long Journeys

How to hail a cab in NYC

The Correct Cab Hailing Etiquette in New York

Safety Precautions For Long Journeys