The global trade landscape continues to evolve, presenting both challenges bongdaso v opportunities for resilience bongdaso v growth. This month, we highlight the launch of the Gemini Cooperation bongdaso v explore how businesses can navigate recent tariff adjustments while optimizing their supply chains. Additionally, we provide insights into key developments in Southeast Asia, including integrated logistics solutions bongdaso v continued inland advancements in the Mekong region. As Maersk remains committed to enhancing innovation bongdaso v network flexibility, we are dedicated to supporting your logistics needs with strategic insights bongdaso v tailored solutions.
On February 1, 2025, Maersk bongdaso v Hapag-Lloyd officially launched the operational collaboration Gemini Cooperation, designed to establish a flexible bongdaso v interconnected ocean network with industry-leading schedule reliability exceeding 90% upon full implementation.
The introduction of the Gemini network represents a crucial milestone in our commitment to delivering a more reliable bongdaso v efficient ocean service. As the transition progresses, vessels are systematically integrating into the new schedules, ensuring a seamless shift. Though still in the early stages, the structured implementation is already yielding positive results, reinforcing our dedication to enhancing service predictability bongdaso v operational excellence.
On February 1, 2025, the United States government enacted tariffs on all goods originating from Canada, Mexico, bongdaso v China under the International Emergency Economic Powers Act (IEEPA).
A 10% tariff on all China-origin goods entering the U.S. came into effect on February 4.
Tariffs on imports from Canada bongdaso v Mexico will be implemented on March 4, 2025, following a one-month delay.
No expiration or revision date for these tariffs has been announced, bongdaso v no exemption mechanisms are currently available.
For official U.S. government documentation, refer to the provided fact sheet.
We recognize the impact these changes may have on supply chains bongdaso v are committed to assisting businesses in assessing their potential effects. Through our Global Trade bongdaso v Customs Consultancy, we offer strategic sourcing advice bongdaso v contingency planning under our Customs Services portfolio.
Section 321 allows goods valued under 0 to enter the U.S. duty-free. However, this exemption does not apply to goods originating from China bongdaso v Hong Kong. As a result:
Such shipments must undergo formal or informal entry processes, making them subject to tariffs.
Imports valued below 0 must include a 10-digit HTS code bongdaso v are subject to full duties.
Our Maersk Global Trade & Customs Consulting team can support compliance bongdaso v entry requirement needs.
On February 10, 2025, the U.S. government announced an increase in tariffs on all steel bongdaso v aluminum imports, regardless of origin, from 10% to 25%. This adjustment will take effect on March 12, potentially prompting retaliatory measures from other nations.
For further details, refer to the Frequently Asked Questions on new import tariffs.
Our Trade bongdaso v Customs Consultants offer guidance on:
Immediate actions businesses should take to mitigate tariff impacts;
Tariff mitigation strategies;
Cash flow strategies, including bonding goods, drawback programs, bongdaso v deferment schemes;
Sourcing strategies, including production shifts bongdaso v alternative procurement.
This advisory is for informational purposes only bongdaso v does not constitute legal or regulatory advice. Given the fluid nature of trade policies bongdaso v tariffs, we encourage verification with official sources before making business decisions. Maersk remains neutral bongdaso v does not endorse any political stance or governmental policy. Our teams are ready to assist you in adapting to the evolving trade landscape.
The Asia-Pacific air freight market remains uncertain amid shifting dynamics, particularly those influenced by developments in North America. Over the coming months, fluctuations in demand bongdaso v capacity are expected as businesses navigate ongoing changes.
Airlines are projected to increase passenger flight operations through Q2 2025 in response to rising travel demand, leading to greater belly-hold cargo space availability.
However, market conditions remain unpredictable, necessitating careful monitoring bongdaso v flexible logistics planning.
Several key issues continue to impact air freight operations in the Asia-Pacific region:
The removal of the Section 321 exemption for goods valued under 0 in the U.S. has resulted in significant import clearance delays. U.S. customs authorities are facing an influx of shipments requiring inspection, particularly affecting Chinese e-commerce shippers, many of whom have paused shipments to reassess regulatory compliance.
Additional U.S. tariffs on Chinese goods are influencing trade flows, prompting neighboring Asian countries to prepare for potential tariff measures while also positioning themselves as alternative manufacturing hubs.
Given these dynamic conditions, businesses must remain agile in logistics planning. Maersk continues to monitor developments closely bongdaso v is committed to providing insights bongdaso v solutions to help customers navigate these challenges effectively.
Maersk has strengthened its partnership with Singapore-founded furniture brand Castlery through a 10-year agreement aimed at optimizing supply chain operations, enhancing inventory management, bongdaso v streamlining last-mile logistics.
As Castlery expands across key markets, seamless logistics remain essential for ensuring product availability bongdaso v timely customer deliveries. Maersk’s integrated logistics solutions—including ocean freight, intermodal transport, bongdaso v warehousing—will improve supply chain visibility bongdaso v agility, enabling Castlery to scale efficiently.
Vietnam’s New Driving Regulations:New regulations limiting truck drivers’ working hours have led to increased trucking costs due to the need for additional drivers. Maersk is closely monitoring this situation to minimize cost impacts for customers.
Myanmar-Thailand Border Challenges:Ongoing political bongdaso v security risks at the Myawaddy border gate are affecting cross-border movements. As an alternative, Maersk offers a barge-truck solution via the Ranong border gate to ensure supply chain continuity.
Binh Duong Port as an Import Hub:A newly established container yard in southern Vietnam enhances cost efficiency bongdaso v sustainability in transportation.
Sustainable Transport in Thailand:Increased adoption of electric vehicles (EVs) supports low-emission logistics.
Expanded Cross-Border Services:Strengthened connectivity between Laos-Vietnam bongdaso v Laos-Thailand accommodates growing demand, driven by factory relocations from China. Multi-modal land-air solutions also enhance connectivity via our Bangkok Air hub.
Maersk remains committed to facilitating global trade through innovative logistics solutions bongdaso v strategic industry insights. We appreciate your continued partnership bongdaso v look forward to supporting your evolving supply chain needs.
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