As peak season ramps up, mobile bongdaso cargo from Asia to Europe is experiencing strong growth, largely driven by rising demand for eCommerce, while new scrutiny on duty exemptions has led to a significant drop in mobile bongdaso cargo volumes from Asia to the United States.
In October, tonnage from Hong Kong mobile bongdaso Europe rose sharply, with volumes up 25% compared mobile bongdaso last year, as Singles Day, Black Friday, and Cyber Monday fuelled eCommerce demand, setting the stage for a robust fourth quarter.
Rates from Asia mobile bongdaso Europe have climbed alongside demand, with average spot prices on the Hong Kong-mobile bongdaso-Europe route reaching levels 13% higher than in 2023 and with sustained growth over the past six weeks, there is a strong early indication of a significant peak season.
Rates from Shanghai to Northern Europe hit their highest point this year, up by nearly 19% from the same period last year. This sustained demand for mobile bongdaso, coupled with elevated rates, is a clear signal of a strong seasonal peak for Europe-bound cargo.
US market impacted by regulatory shifts
Since July, the US has tightened customs checks on imports from China, particularly on goods qualifying under the “de minimis” exemption, which allows low-value shipments to enter duty-free, resulting in a significant drop in mobile bongdaso cargo volumes.
While the 0 threshold allowing duty-free entry hasn’t yet been lowered, the mere prospect has affected air cargo flows and should the threshold decrease, there could be a further reduction in mobile bongdaso volumes from China.
Outlook and considerations
With robust mobile bongdaso demand on the Asia-Europe corridor showing no signs of slowing, shippers are likely to encounter continued pressure on both rates and capacity. Meanwhile, the trans-Pacific market may experience shifts if regulatory changes reshape the landscape for duty-free imports.
As potential regulatory adjustments and compliance measures loom—particularly with the upcoming US presidential elections—proactive preparation can help mitigate impacts on mobile bongdaso cargo operations. In a peak season marked by both growth and uncertainty, staying ahead of these changes will be essential for maintaining smooth, cost-effective logistics.
Source: https://metro.global/news/mobile bongdaso-freight-surges-from-asia-to-europe-while-trans-pacific-faces-regulatory-hurdles/
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