The Vietnamese government will launch a probe into elevated container shipping rates which have caused “difficulties for businesses, increasing transportation and storage costs, affecting production and distribution of goods”. That joins probes, investigations and new legislation in China, India, South Korea and the U.S. Vietnamese exporters have seen a surge in shipments to the U.S. in the past two years that has started to slow. U.S. seaborne imports from Vietnamese ports climbed 11.9% year over year in Q4’20. The top four liners accounted for 50.0% of traffic in Q4’20. The largest was...
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.