Cancellation of 47 voyages, 72% of blank voyages occurred on the Trans-Pacific to West America route! Freight rates are rising again

According to the latest data released by Drury on the 26th, in the next four weeks (48-51 weeks), the three major shipping alliances in the world have successively cancelled multiple voyages, among which the most canceled voyages are the 20 voyages cancelled by The Alliance; 2M alliance reached 10 voyages; The minimum Ocean Alliance cancels 1 voyage

Port congestion is a global phenomenon, leading to significant delays in shipping schedules and forcing carriers to jump ports, especially in Europe, while imports from Asia are expected to remain strong until January 22

Out of a total of 556 scheduled flights on major routes across the Pacific, Atlantic, Asia Nordic, and Asia Mediterranean, 47 flights were cancelled between the 48th and 51st weeks, with a cancellation rate of 8%. According to Drury's current data, 72% of blank voyages during this period will occur on trans Pacific eastbound trade routes

According to the latest Global Baltic Container Freight Index (FBX) on the 26th, the freight index from Asia to the West has risen from $14185 per 40 foot container on November 19th to $14677 on the 26th. The increase reached 3%. The Asia to East America freight index has risen from $16124 per 40 foot container on November 19th to $16633 on November 26th. The increase reached 3%

Refuse to extend the labor contract! The American West Wharf Union takes a tough stance on automation, and port operations may be disrupted

The Pacific Maritime Association sent a letter to the International Terminals and Warehouses Alliance ILWU proposing to extend the labor contract for one year because of the current tight supply chain in the United States, and the most important thing at this stage is to maintain stable operations. But soon, the International Terminals and Warehouses Union (ILWU) rejected the proposal

The Pacific Maritime Association said contract negotiations could lead to some degree of confusion. The last negotiation led to a nine month slowdown in work at the Port of West America, which ended with union members voting to extend the three-year contract to avoid disruptions in cargo transportation and in exchange for higher wages and pensions

Due to the increasing accumulation of goods in Los Angeles and Long Beach ports, the supply chain is tight. The Pacific Maritime Association does not want supply chain disruptions to cause delays in goods and other issues, so it proposes to extend the contract for one year. The chairman of ILWU stated that he did not obtain wages and working conditions through collective bargaining, and could not persuade the workers to stay and continue to engage in hard physical labor

The Pacific Maritime Association stated that there have been issues of port operation disruptions in past negotiations. This time, the trade union members have taken a strong stance, and it is inevitable to worry about whether the negotiations next year will also lead to port operation disruptions. In the case of supply chain tensions, port operations will be disrupted. Industry insiders predict that the problem of port congestion in the United States and West Africa is expected to continue until the middle of next year

Shopify Announces "Black Five" Achievements! Sales increased 21% year-on-year to $2.9 billion

Due to the year-on-year increase in online shopping expenses of buyers, Shopify said that this year's "Black Five" sales exceeded last year's $2.4 billion, a year-on-year increase of 21% to $2.9 billion

The peak sales time is around 12:00 p.m. Eastern Time, and around 12:02 p.m., sales per minute on the platform reach $3.1 million. Shopify said that by 4am EST, sales on the platform had reached the $1 billion mark, four hours earlier than 2020

Shoppers in London, UK, are at the top of Shopify's global sales rankings. New York, Los Angeles, Brooklyn, and Chicago are among the top five in the world. The average global buyer spending was $101.20, up from $90.70 last year. 72% of global orders come from mobile devices. The most popular cross-border routes are the United States Canada, Canada United States, and the United Kingdom United States

According to Shopify's statistics, Toronto ranks first in sales in the Canadian market, followed by Calgary, Montreal, Ottawa, and Vancouver. The average expenditure of Canadian buyers was $150.11, up from $128.50 last year. 67% of orders come from mobile devices, up from 61% last year

Visitor ranking jumped to eighth! Shopee will open its first warehouse center in Brazil

According to the Global News, e-commerce giant Shopee is opening its first warehouse center in Brazil. Currently, the center is still under construction, located on the side of a highway leading to Sao Paulo

It is reported that the warehouse center will be mainly used for storing goods by sellers, and the opening date has not yet been determined. If completed, Shopee will further expand into the Brazilian market, forming strong competition with retailers such as Mercado Livre, Americanas, and Magalu

Shopee is targeting its business development in the Brazilian market. In March of this year, Felipe Feistler, Shopee's Brazil business manager, stated in an interview that Shopee's focus in Brazil is on building connections between sellers and consumers, rather than focusing on logistics

But now, Shopee is building a warehouse center. In addition, Shopee also has an administrative headquarters in the Faria region, expanding from the original one floor area to the current three floors. According to statistics from Beyond Borders, Shopee currently ranks eighth in terms of user traffic in the Brazilian market, almost surpassing the seventh ranked QuickConnect

The hottest Chinese outbound e-commerce brand, Shein, has opened a physical store!? In Barcelona, Spain

According to reports, Chinese e-commerce fashion brand Shein has decided to open a physical store called Shana in Spain. The physical store will be located on Calle Rosell ó Street in downtown Barcelona. The physical store will have two floors and mainly sell products under the Shein brand. Unlike products sold online, physical stores will sell returned products or surplus inventory on the Shein platform, and the price will be consistent with online channels. It is understood that the physical store Shana was originally a chain clothing store founded by local entrepreneurs in Spain, and its parent company went bankrupt in 2018. Currently, Shana has reached an agreement with Sheen to sell returns and inventory from Sheen in its physical stores

Amazon Logistics may surpass UPS and FedEx early next year

The CEO of Amazon's global consumer business said that the company is expected to surpass UPS and FedEx in early 2022 to become the largest express delivery service provider in the United States. Analysts at Bank of America previously estimated that Amazon delivered 58% of its own packages in 2019, and by August last year, the delivery rate of Amazon's own packages was expected to reach 66%. During the peak season at the end of this year, Amazon's own express delivery business has become one of the company's main advantages.