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TOP NEWS
If Pac-Man, a buffalo and a diplomat had a meetup in the HUB
TGA
They gobble up accessories, but its slim waist is sure to please.
Once on this land they freely roamed, now for credit cards they make a home.
Big or small it meets the goal, like an ambassador, its elan rules.
There is only one way to solve the riddle – visit the Travel Goods HUB today!
Rumors of Possible Punitive Tariffs on U.S. Travel Goods Imports Continue to Grow
TGA
TGA continues to hear growing rumors that punitive tariffs on U.S. imports from Vietnam are being considered by the Biden administration under the Office of the U.S. Trade Representative’s (USTR) Section 301 investigation accusing Vietnam of currency manipulation. Such a decision would contradict the January 15 USTR announcement suspending the investigation or the Treasury Department’s April 16 report that found no currency manipulation by Vietnam. TGA strongly opposed punitive tariffs on Vietnam at a December 29, 2020 USTR public hearing. Vietnam is the #2 supplier of travel goods to the U.S. market. In 2020, U.S. travel goods imports from Vietnam increased 12.1%, with Vietnam supplying 19.6% of all U.S. travel goods imports during 2020.
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‘I Paid Ridiculous Charges, My Cargo Still Got Rolled and the Carrier Wanted More’
THE LOADSTAR
Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific carriers are quoting rates of up to $25,000 to the U.S. west coast. READ MORE
What America’s Startup Boom Could Mean for the Economy
NPR
Back in November, the Planet Money newsletter reported that – despite a deadly pandemic and an ugly recession – America was seeing a boom in the creation of new startups. We spoke with University of Maryland economist John Haltiwanger, one of the leading scholars of business formation. Now Haltiwanger has a new study out, and the trend is clear: “The surge continues,” Haltiwanger says. “We’re now convinced this wasn’t just a blip.” READ MORE
Why Now is the Perfect Time for a Post-pandemic Career Check-in
FORBES
We’ve officially crossed over into the second half of 2021, and in any other year pre-COVID, you’d likely pause and reflect, career-wise, on where you’ve been and where you’d like to go. But if you’re like most people, the pandemic threw a wrench (and possibly an accelerant) into that process. READ MORE
Say Goodbye to Trade Promotion Authority
POLITICO
The 2015 battle over renewal of Trade Promotion Authority was one of the most divisive in U.S. trade history, with most Democrats opposed to approving the legislation to allow their party leader, then-President Barack Obama, to finish talks on the Trans-Pacific Partnership. READ MORE
Yantian Port Back at Full Speed; Box Recovery Could Take a Month
FREIGHTWAVES
The backlog of vessels waiting to reach berths at the Port of Yantian, the largest container port in China, is gone since terminals returned to full operations on Thursday following a COVID-19 outbreak among dockworkers that significantly curtailed operations, according to an official at shipping giant A.P. Møller – Maersk. READ MORE
Google Reveals Scale of Pent-up Travel Demand, Post-pandemic Trends
TRAVEL PULSE
It’s been clear for months that there’s pent-up demand for travel in the wake of the COVID-19 pandemic but new data from Google reveals the extent of travelers’ desire to get back out there. READ MORE
Navigating the ‘New Strange’ of the Changing Workplace
AD AGE
We are not “going back” to how things were pre-pandemic. Instead, we will be reinventing ourselves and retooling many of the things we did before. This applies to how we work, how we interact, where we go and what we do. READ MORE
Top Takeaways from NRF Retail Converge
NATIONAL RETAIL FEDERATION
The days of viewing retail as monolithic are gone. It’s not only an industry that provides a place to shop – it’s a people-first machine built to serve. At NRF Retail Converge, June 21-25, business leaders looked at the depth and breadth of the retail industry and celebrated all disciplines contributing to the future of retail and its impact on people and the economy. Now that the event is over, you can log in to watch sessions on-demand on your own time. Here are some high-level takeaways from the event. READ MORE
What Does United’s Historic Jet Order Say About the Recovery?
SKIFT
United’s 270-jet order is a milestone for the airline, but the carrier is playing catch-up with its rivals, Delta and American, which have newer aircraft in their fleets. Still, the order is a bet that the industry will not just bounce back but grow as it emerges from the pandemic. READ MORE
Five Ways CEOs Can Conquer Imposter Syndrome
CHIEF EXECUTIVE
After years of working incredibly hard, building a terrific career, and finally finding yourself in the top seat, you are ambushed. It may creep up on you. Or it may hit you all at once. You develop the very debilitating feeling that you don’t deserve your success. You think that you are not actually equipped to lead. You believe you are faking it – and you will be found out. READ MORE
TRENDING ARTICLES
Missed last week’s issue? See which articles your colleagues read most.
- TGA Urges President Biden to Address Shipping Crisis (TGA)
- U.S. Travel Goods Imports Slowed in First Four Months of 2021 (TGA)
- Shrinking, Collapsing, Thoughtful Gear – in the HUB (TGA)
- What Do Frying Pans and Shrunken Gear Have in Common? (TRAVEL GOODS MAGAZINE)
- 6 Charts Show the Effects of Yantian Port Congestion (SUPPLY CHAIN DRIVE)