Quick Reads Weekly Short Trade News From China

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Weekly Short Trade News From China

West Coast Port Labor Negotiation Deadlock in the U.S.

Labor negotiations between the International Longshore and Warehouse Union (ILWU) and employers at U.S. West Coast ports have stalled, raising concerns over potential supply chain disruptions. As a result, some traditional trade routes are shifting to East Coast or Mexican ports

Weekly Short Trade News From China

Maersk to Impose Peak Season Surcharge on China-Cambodia Route

Danish shipping giant Maersk announced it will impose a Peak Season Surcharge (PSS) on dry and refrigerated containers originating from eastern Chinese ports (including Shanghai, Ningbo, Xiamen, Fuzhou, and the Yangtze River region) and destined for Cambodia’s Sihanoukville Port. A surcharge of $500 per container will be applied to all types of dry and refrigerated containers, including 45-foot containers

Weekly Short Trade News From China

Amazon’s Canadian Distribution Center Begins Operations

Amazon recently announced the official start of operations at its new logistics distribution center in Cambridge, Ontario, Canada. The facility, covering 1 million square feet, began construction in 2022 and has started receiving goods and dispatching its first batch of packages. The center has already hired 250 employees and plans to recruit 1,000 more by the end of 2025, boosting the local economy

Weekly Short Trade News From China

Canton Fair Phase Two: Green Trends Dominate, Appliance Brands Aim for Overseas Upgrade

136th Canton Fair Phase One report: Over 130,000 overseas buyers attended in person, a 4.6% increase from the previous session