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Trade outlook closely intertwined with geopolitics; most believe more U.S. tariffs to follow but not sure how much.

Boxlinks will provide customised service to customers in the United States.

Ocean container shipping freight rates spiked more than 70% during the first term of Donald Trump (2017-21).

Freight rates from Shanghai to Genoa zoomed 21% to $4,399/FEU and from Shanghai to Rotterdam surged 16% to $3,954/FEU.

U.S. Presidential elections on November 5, 2024 could have significant implications for global trade and supply chains.

"The lights are flashing red on the geo-political dashboard and it would be foolish to ignore them."

Importers likely to frontload cargo ahead of disruptions in 2025, driven by labour negotiations and Chinese New Year.

Growth in inventories a continuation of a long-term trend that began in 2009 (with a temporary drop during the pandemic)

Largest deployment growth on Asia/Europe route at 24%; container fleet up 10.6% between June 1, 2023 and June 1, 2024

Largest decrease in June was on Asia↔North Europe of 7.3 percentage points to 34.9%

2024 has seen record-breaking numbers of new ships delivered but overcapacity previously expected has not materialised

To open eight, temperature-controlled, GxP-compliant facilities for cross-docking operations