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China-Europe rail freight rising

China-Europe Rail Freight Rising, But Border Tension Sparks New Routes

China-Europe rail freight volumes have passed last year’s total, while tension on the Poland-Belarus border has seen alternative routes jostling for a favour. According to China Railway, between January-October there were 12,605 train trips, carrying 1.22m teu, up respectively 26% and 33% year on year, beating 2020’s 1.14m teu. The railway operator noted there were …

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Holiday Retail Sales

Holiday Retail Sales Expected to Increase 7-9%

Holiday retail sales are likely to increase between 7% and 9% in 2021, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and distribution practice projects that holiday sales will total $1.28 to $1.3 trillion during the November to January timeframe. Deloitte also forecasts that e-commerce sales will grow by 11-15%, year-over-year, during the …

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China-Europe rail freight

China-Europe rail freight boom brings congestion at the borders

Russia is experiencing a boom in China-Europe rail freight volumes, but it is bringing congestion at key border crossings. According to Russian Railways (RR), January-to-September volumes were up 47% year on year, to 568,700 teu, more than during the whole of last year. Trains from China to Europe carried 379,600 teu, up 40%, but the …

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10 Tech Industry Trends for 2022

TrendForce Announces 10 Tech Industry Trends for 2022

In this press release, TrendForce details 10 major trends that are expected to take place across various segments in the tech industry, as follows: Micro/Mini LED display development will revolve around active matrix solutions A substantial number of technical bottlenecks in Micro LED development will still persist in 2022. While Micro LED manufacturing costs are …

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shortages of global goods

China’s power cuts to meet energy use targets may foreshadow shortages of global goods

Global shoppers face possible shortages of smartphones and other goods ahead of Christmas after power cuts to meet official energy use targets forced Chinese factories to shut down and left some households in the dark. In the northeastern city of Liaoyang, 23 people were hospitalized with gas poisoning after ventilation in a metal casting factory …

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General Lighting Market.

A Remarkable Recovery in the General Lighting Market

According to TrendForce’s latest report “2021 Global Lighting LED and LED Lighting Market Outlook-2H21”, the LED general lighting market has comprehensively recovered with increasing demand for niche lighting, leading to growth in global markets of LED general lighting, horticultural lighting, and smart lighting in 2021–2022 to different extents. A Remarkable Recovery in the General Lighting …

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Chinese Golden Week 2021: Plan ahead and book early to avoid delays this year

Golden Week is a national holiday in China in October. The knock-on impact of Golden Week is that logistics-related business slows down. Additional delays make this Golden Week extremely challenging. Every year from the 1st – 7th October, China bursts into life as the country celebrates its National Day with a week of cultural events, …

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supply chain

Ominous signs for supply chains from new Covid lockdowns in Vietnam and China

The lockdown in South Vietnam has caused a 100,000 teu pile-up at Ho Chi Minh City’s Cat Lai port. And in China, ports at Shanghai and Ningbo are reportedly also facing additional congestion from new Covid restrictions. According to Saigon Newport (SNP), yard density at Cat Lai is currently around 85%, with 106,700 teu clogging …

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shortages of metals

China Moves To Release First Batch of Aluminum, Zinc and Copper Reserves to Curb Price Inflation

China has moved to release the first batch of aluminum, zinc and copper reserves into the market, the National Food and Strategic Reserves Administration announced. The move, experts said, sent a signal about the government’s readiness to crack down on price speculation following steep price surges of bulk commodities. The government has decided to release …

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