As the Lunar New Year heralds the arrival of the Year of the Dragon on February 10, its impact resonates far beyond cultural celebrations, significantly affecting the global logistics and shipping sectors. This two-week holiday lasts until February 24, marking a time for family reunions across Asia, but the slowdown in manufacturing and shipping poses… Read more »
In an effort to avoid the impeding tariffs on goods from China, set to increase on January 1st but were pushed back to March 1st to give more time to the negotiations between these two nations, cargo has been streaming into ports and transferring to warehouses in a process called “front loading.” While this… Read more »