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TOP NEWS
Bring a Bottle or Two…or Five
TGA
Handle your wine like a sommelier and travel with your bottles packed in style. Visit the HUB to read about the best travel products for those who enjoy the grape — and connect with the manufacturers between these stylish, innovative pieces. Read more now. Cheers!
U.S. Travel Goods Industry Faces More California Prop 65 Notices
TGA
Over the last few months, dozens of new California Proposition 65 (Prop 65) “60-day” notices have been issued alleging that brands and retailers sold totes (Notice 1), backpacks (Notice 1), duffel bags (Notice 1, Notice 2), handbags (Notice 1, Notice 2, Notice 3, Notice 4, Notice 5, Notice 6, Notice 7, Notice 8), wallets (Notice 1, Notice 2), and travel/garment cases/messenger/crossbody/carry bags (Notice 1) in California that contained di (2-ethylhexyl) phthalate (DEHP), Di-n-butyl phthalate (DBP), and diisononyl phthalate (DINP) in violation of a California law known as Proposition 65 (Prop 65). The notices serve as intent to bring lawsuits against the manufacturers that made and sold these products. Check out TGA’s member-only California Proposition 65 (Prop 65) Best Practices Guidance on the Prop 65 page on the TGA website. This member-only guidance details best practices in developing your company’s Prop 65 testing and warning label protocol, including recommendations on which warning label text to use, where to place the warning label text, and how to test for Prop 65 listed chemicals in your products. For more information on Prop 65, please contact TGA’s Nate Herman, nate@travel-goods.org, 301-775-7633.
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China Locks Down More Than 30 Million People As COVID-19 Flares, Threatening Global Supply Chains
CBS NEWS
Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights the country’s worst COVID-19 outbreak since the start of the pandemic two years ago. READ MORE
Impact of Russia-Ukraine Crisis on Container and Port Equities
HELLENIC SHIPPING NEWS
The Russia-Ukraine conflict has sent ripples through financial markets world over, but the impact on container shipping stocks thus far has been negligible. While it is still early to assess the overall impact in the long run, two things are certain — increasing risks and uncertainty in the medium-to-long term, and strong cash flows for liner operators in 2022. READ MORE
The 3 Phases of Leadership
INC.
How confident are you in your leadership abilities? In my 20+ years of experience in startups — having filled every position from new hire to CEO — I’ve never seen a company reach its potential under anything less than exemplary leadership. The reverse can be true, of course. Any business can fail regardless of how good the leadership might be. But if your company leadership sucks, your business doesn’t stand a chance. READ MORE
How to Ease Back into Traveling for Work
HARVARD BUSINESS REVIEW
In 2020, with the introduction of COVID-19 restrictions, travel dramatically dropped domestically and internationally, with business travel down by 90% at the lowest point in the year. Now, as more and more individuals are returning to the office, work travel is coming back. But it’s not all clear skies. READ MORE
Retail Sales Will Grow This Year, But at a Slower Rate Than in 2021, Major Trade Group Says
CNBC
Retail sales are expected to grow between 6% and 8% in 2022, as consumers spend more on services instead of goods and cope with inflation, the National Retail Federation said earlier this week. That annual forecast represents a slower pace of growth for retailers than 2021, but it’s higher than the pre-pandemic growth rate. READ MORE
Spring Break Travel Is Here: These 6 Tips Will Help You Survive It
THE POINTS GUY
Readers from around the country are sharing photos of long lines at U.S. airports as travel ramps up for spring break. This airport onslaught is being exacerbated by an uptick in people returning to travel after having been grounded the past two years due to the coronavirus pandemic. In fact, checkpoint volumes at U.S. airports are hitting record numbers, according to the Transportation Security Administration. READ MORE
Is Travel to Europe Safe Since There’s a War Going on in Ukraine?
TRAVEL NOIRE
The distance between Miami and Houston is about the same distance between Kyiv, Ukraine and Berlin, Germany, a popular summertime tourist destination. It’s a drivable distance. So, it is safe for U.S. tourists to travel to Europe now? Or, has the invasion of Ukraine by Russia made the decision to travel to Europe an iffy one? READ MORE
Retail Execs Sound Off on Supply Chain Disruptions, Inflation, Operations
RETAIL DRIVE
Over the past few weeks, retailers reported their latest earnings, and as they did a number of patterns emerged. Namely, that companies are dealing with an environment marked by supply chain delays, heightened transportation costs, inflation and decisions about product prices. While many companies have successfully navigated these challenges (at least for now), the pressure may not let up anytime soon. READ MORE
Delta, Virgin Atlantic CEOs Say Travel Demand Is Robust
REUTERS
Delta Air Lines Inc. and partner Virgin Atlantic said earlier this week that pent-up demand for international travel meant customers were willing to pay higher fares, spurring a rebound in bookings and helping them cover surging fuel costs. READ MORE
U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases
PYMNTS.COM
U.S. consumers spent $1.7 trillion online from March 2020 to February 2022, Adobe announced during the kickoff of the Adobe Summit earlier this week. That sum included $885 billion in 2021, up 8.9% year over year, and $32 billion that consumers had to pay more for to get the same things amidst recent inflation. Adobe said it expects online spending in the U.S. to top $1 trillion for the first time in 2022. READ MORE
As the Omicron Wave Subsides, Travel Insurance Claims Crawl
THE NEW YORK TIMES
Getting a decision on a claim has become the latest problem consumers are experiencing with travel insurance. Here’s how to avoid delays. READ MORE
TRENDING ARTICLES
Missed last week’s issue? See which articles your colleagues read most.
- The Only Constant Is Change — And, Boy, Has COVID Taken Advantage (TGA)
- Changed Itineraries, Higher Fares: How the War in Ukraine Is Affecting Travel (THE NEW YORK TIMES)
- Key Trends in Influencer Marketing in 2022 (MARTECH SERIES)
- The 10 Most Innovative Travel Companies of 2022 (FAST COMPANY)
- The Best Time to Use Your Airline Miles? Now (THE NEW YORK TIMES)