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GAVA GROUPNews
23 Apr 2023
0 Comments By GV Asia Trade Lane, Containers

Over the past five years, Vietnam has experienced a significant increase in container exports to the United States, with a growth rate of 156%

Xeneta’s data reveals that Vietnam is rapidly emerging as a source of manufactured goods for the United States, effectively challenging China’s stronghold in the Trans-Pacific container trade. A variety of factors, including geopolitical tensions, reshoring, and changes in foreign investment flows, are reshaping global trade patterns. Container imports from Asia to the U.S. have increased […]

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22 Apr 2023
0 Comments By GV Air Cargo, Automation, Cyber Security

Request for Enhanced Data Protection for Online Booking by Shippers and Forwarders

  The Global Shippers Forum and forwarder group Fiata have created a Charter for Protection and Governance of Data in International Trade as part of efforts to improve data protection for online booking and trading. The charter sets out the minimum arrangements for data security and confidentiality that providers and operators of digital booking and trading […]

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18 Apr 2023
0 Comments By GV Asia Trade Lane, Economic Outlook

Exporters at China’s Biggest Trade Fair Express Concerns about Weak Global Economy

Chinese exporters displaying their products at the largest trade fair in the country have expressed concern that their businesses are being impacted by the weak global economy. Some have even frozen investments and reduced labor costs in response. The subdued mood at the Canton Fair in Guangzhou suggests that China’s unexpected surge in exports in […]

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17 Apr 2023
0 Comments By GV Asia Trade Lane, Economic Outlook, Supply Chain

China Supply Chain

Canton Fair: Exporters from China adopt a more assertive approach as they compete for foreign buyers.   China’s Canton Fair, also known as the China Import and Export Fair, the country’s largest and oldest trade fair, has resumed in-person exhibitions after three years of being held online due to the pandemic. The fair, which began […]

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10 Apr 2023
0 Comments By GV Automation, Supply Chain

Chatbots Are Stepping Toward Supply Chains

Software companies are looking at the latest AI technology as a way to make sense of vast stores of data, improve logistics decisions   Logistics experts are trying to find out whether the latest development in artificial intelligence, a chatbot that has triggered a global race to refine the technology for work tasks, can tell them how […]

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09 Apr 2023
0 Comments By GV Asia Trade Lane, Containers

Container Glut at China’s Container Depots

The slowdown in exports has China’s box depots facing a container pile-up. The latest report from Container xChange suggests that Chinese container depots are working at 90% utilization. “Oversupply makes it harder for the depots to move boxes. And because depots make money by moving these boxes, as opposed to storing them, the current circumstances […]

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08 Apr 2023
0 Comments By GV America Trade Lane, Economic Outlook, News

NRF Forecasts 2023 Retail Sales to Grow Between 4% and 6%

  WASHINGTON – The National Retail Federation today issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year. “In just the last three years, the retail industry has experienced growth that would normally take almost a decade by pre-pandemic standards,” […]

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07 Apr 2023
0 Comments By GV America Trade Lane, Compliance, Regulations

Congress Warns That Chinese Shopping Apps Could Enable Uyghur Forced-Labor Imports

The members of Congress behind the law that combats the import of goods produced by Uyghur forced labor are warning that some importers are taking advantage of a loophole intended to avoid scrutiny of the products that they’re bringing into the U.S. — and that increasingly popular Chinese e-commerce apps might facilitate breaches of the […]

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