Market Analysis

According to preliminary statistics from the General Department of Customs, Vietnam’s total import and export turnover of goods reached US$145.6 billion up until March 15, 2024. Key Highlights: Impressive growth: The import and export turnover increased by 14.5% compared to the same period last year, indicating a positive start for Vietnam’s economy this year. Exports [...]

Yang Ming, a leading Taiwanese ocean carrier, has unveiled its optimized Transpacific service network for the upcoming year. This revamped network, effective from February 2025, caters to both Asia-US West Coast and Asia-US East Coast routes, offering a total of 13 loops for efficient cargo movement. Key Highlights of Yang Ming’s 2025 Transpacific Network: Comprehensive [...]

Vietnamese exports are off to a strong start in 2024, with new data from the General Department of Customs revealing a significant increase in the number of product categories exceeding $1 billion USD in export value. Key Takeaways: 9 product groups achieved export turnovers of $1 billion USD or more in the first half of [...]

The container shipping industry witnessed a sharp decline in profitability during the last quarter of 2023, marking a significant shift from the COVID-driven boom of previous years. According to Alphaliner’s report, mainline operators experienced negative operating profit margins for the first time since 2018, averaging -3% in Q4 2023. This slump follows the end of [...]

A new report by Transport & Environment (T&E) sounds the alarm on Europe’s transportation sector. The analysis projects a staggering rise in transport emissions, potentially reaching nearly half of Europe’s total greenhouse gas (GHG) emissions by 2030. This alarming trend jeopardizes the continent’s commitment to achieving net zero emissions by 2050. While other sectors witness [...]

PortMiami underscored its capacity for handling megaships with the arrival of the colossal CMA CGM Bali on March 11, 2024. This leviathan of the seas boasts a staggering capacity of 15,000 TEUs (twenty-foot equivalent units) and sails the Manhattan Bridge route, a vital commercial artery connecting China to East Coast ports in the US through [...]