The travel goods industry has seen lots of disruption, changes, shortages, innovations, turmoil and growth the last couple of years. It’s one topic that affects everyone in the business. We’d like you to share your opinion on this or other industry topics that are important to you. Travel Goods Magazine is your platform to express your thoughts and opinions about travel goods industry topics so we can all share in the conversation and learn from each other. Send your 500-word or less opinion piece to email@example.com for consideration for publication in the magazine. Please include a short bio with your submission.
On February 15, Federal Maritime Commission (FMC) Commissioner Rebecca Dye detailed how shippers can file complaints with the FMC. On February 11, FMC Chair Daniel Maffei accused ocean carriers of bilking shippers for unfair fees. On February 4, the FMC requested comments on a proposal on whether the FMC should flesh out further and enforce its interpretative rule against unfair detention and demurrage fees. TGA plans to submit comments in favor of the proposal. Comments are due March 17. TGA continues to push President Biden to take action to end the shipping crisis and provide immediate relief to the industry.
The big picture reveals ports are still struggling to handle the increased import volumes, as the pandemic continues to limit consumers’ service-based expenditures in favor of durable and non-durable goods purchases. Factors such as lengthy port wait times, labor and container shortages, the backlog of containers waiting to be emptied or transported, and the uncertainty of the impending International Longshore and Warehouse Union (ILWU) contract negotiations continue to disrupt the supply chain. READ MORE
Economists Say Trump’s China Trade Policy Is Harming the U.S. Why Is It So Hard for Biden to Change Course?
Two years ago, former President Trump signed the phase one trade deal between the U.S. and China, stipulating that China would buy an additional $200 billion worth of U.S. goods over pre-trade war levels by the end of 2021. We now know that China bought none of those additional U.S. exports, and didn’t even return to its pre-trade imports of U.S. goods — something that didn’t come as a surprise to many experts who had long warned the deal was unrealistic and ill-conceived. READ MORE
U.S. exporters and logistics companies aren’t the only ones banging on the government’s door to take action against global container lines for alleged service failures and unfair pricing during the pandemic. The clamor from global forwarder and shipper organizations about anticompetitive behavior got so loud last week that five competition authorities, including the U.S. Department of Justice, established a working group that will meet regularly to share intelligence and coordinate investigations of suspected antitrust violations. READ MORE
More than 2 million people went through Transportation Security Administration checks Friday and Sunday — the first time many folks have traveled since just after New Year’s. There have been other signs recently too that travel is picking up as the Omicron wave subsides. Two years into the pandemic, a pretty clear pattern has emerged: After every wave of infections comes a wave of travel. READ MORE
European Union member countries agreed earlier this week that they should further facilitate tourist travel into the 27-nation bloc for people who are vaccinated against the coronavirus or have recovered from COVID-19. READ MORE
A recent McKinsey study detailed a wide range of inefficiencies from using stores for online fulfillment as well as the risks the method presents to the in-store experience. Having pickers in aisles, either for online or pickup fulfillment, may create a “warehouse feeling” for regular shoppers, according to the study. Sharing checkout lines may increase wait times for shoppers. READ MORE
HARVARD BUSINESS REVIEW
When you have turnover on your team, it is especially imperative that you take measures to keep your team positive and motivated. Research has shown that, due to social contagion, when a coworker quits, it can spread to affect other employees’ quitting behavior. That is, when one person leaves your team, it increases the likelihood that others will do the same. READ MORE
There have been notable shifts in social media trends for businesses in recent years. In 2022, the trends are likely to attain a new shape due to the prolonged changes. It will not be enough for businesses to determine how they will leverage the massive social media audiences next year. In addition, they should also ask about the types of new social media trends they can expect in 2022. So, what social media trends are likely to dominate in 2022? Here they are. READ MORE
TRAVEL DAILY NEWS
There are many reasons why you might have to ship your luggage internationally. Perhaps you’re traveling for business, or maybe you’re going on vacation, and want the convenience of not having to worry about packing or unpacking each day. Whatever the reason, it’s important that when you ship your luggage internationally, you do so correctly and pay attention to these 8 things. READ MORE
THE NEW YORK TIMES
With Omicron cases ebbing, the industry is looking for a significant rebound in spring and summer. Here’s what to expect, in the air, at the rental car counter and beyond. READ MORE
Measuring a staggering 1,188 feet, Royal Caribbean’s Wonder of the Seas was delivered last month and is due to begin its maiden voyage from Fort Lauderdale, FL, to the Caribbean on March 4. The 18-deck cruise ship was built at the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France, and has capacity for 6,988 guests and 2,300 crew members. READ MORE
GLOBAL BUSINESS TRAVEL ASSOCIATION
Business travel is starting to come back but, according to a new study, it might not be business-as-usual post-pandemic for corporate travel managers, programs and policies. READ MORE
Missed last week’s issue? See which articles your colleagues read most.
- New Wave of Contracts Will Lock in Much Higher Shipping Rates (AMERICAN SHIPPER)
- Industry News When You Need It (TGA)
- Travel Will Bounce Back This Year — Here’s How You Can Avoid the Escalating Costs (CNBC)
- PierPass Shelves Permanent TMF Plan as Long Beach Calls for 24/7 Supply Chains (THE LOADSTAR)
- Carry-on vs. Checked Bags: Which Is the Better Choice? (THE POINTS GUY)