Join Us for The 74th Annual Travel Goods Show at the Las Vegas Convention Center, Feb. 27-March 1, 2022
The Travel Goods Show will be back at the Las Vegas Convention Center, alongside ASD Market Week. This Show will deliver thousands of new buyers, eager to serve the growing number of businesses and consumers ready to hit the road again. Will you be here to meet them? Sign up NOW. The final Early Bird Deadline is Nov. 1. Get (or renew) your 2021 TGA membership until then for 75% off!
NEW for 2022, your Travel Goods pre-show badge registration comes with the opportunity to attend ASD Market Week, happening adjacent to The Travel Goods Show, at no cost. Discover thousands of products under one roof to help your business grow. Two shows. One venue. Thousands of products to explore!
On Oct. 27, 62 companies representing the U.S. travel goods industry urged President Biden to act to end the shipping crisis now, and provide immediate relief to our industry. The industry letter, which follows up TGA’s June 24 letter, urges Biden to force all parties to the table to resolve the worsening shipping crisis, enforce the rules to stop excessive fees and breaches of contract, and provide immediate relief by renewing the Generalized System of Preferences (GSP) program and suspending the China Section 301 tariffs.
LONG BEACH BUSINESS JOURNAL
The ports of Long Beach and Los Angeles announced ocean carriers will be charged for every container that lingers within the port complex — for nine days or more if being moved by truck, and three days or more if being moved by rail. Beginning Nov. 1, carriers will be charged $100 per container, with the fee increasing $100 per container per day. READ MORE
China’s Vice Premier Liu He spoke with U.S. Treasury Secretary Janet Yellen on Oct. 26 via video call and talked about the macroeconomic situation and bilateral relations, according to a statement from China’s commerce ministry. Yellen “frankly raised issues of concern,” the U.S. Treasury later said in a short separate statement, which did not elaborate on the concerns but added that Yellen looked forward to future discussions with Liu. READ MORE
There was fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore dipped to the low 60s and high 50s from a record high of 73 on Sept. 19, trans-Pacific spot rates plateaued, the Biden administration unveiled aspirations for 24/7 port ops, and electricity shortages curbed Chinese factory output. The reality is that the port congestion crisis in Southern California is not getting any better. READ MORE
U.S. President Joe Biden on Monday signed an order imposing new vaccine requirements for most foreign national air travelers and lifting severe travel restrictions on China, India and much of Europe effective Nov. 8, the White House said. READ MORE
SOCIAL MEDIA MARKETING
So what can you expect to see from Facebook, Twitter and the rest in 2022? With the pandemic disruptions easing, it seems a little easier to predict the next stages, with more stable pathways appearing — though our predictions for 2020 and 2021 were also fairly accurate, even amid the chaos. There’s certainly a lot happening. Here’s a platform-by-platform overview of key trends you can expect to see take shape in the 12 months ahead. READ MORE
HARVARD BUSINESS REVIEW
For decades, the traditional view was that to be successful, business leaders had to be infallible, unflappable, in control, and fearless. These smart and successful executives are masters at leading with their heads. Yet there is something many of them are now realizing they should probably know but don’t: how to lead with their hearts and souls, too. READ MORE
Since the pandemic shutdowns, luxury brands have been experimenting with meeting customers online in ways that are more pleasant, productive and personal than clicking photos on a website. Going forward, brands say universally they’re planning” to continue with virtual retailing efforts, although their approaches differ widely, from maintenance to significantly more investment in studios and expansion across stores. READ MORE
Visa Inc’s quarterly profit topped Wall Street expectations earlier this week, as a recovery in travel and an improving global economic picture drove volume growth at the world’s largest payment processor. READ MORE
When an airport was built on the mid-Atlantic island of St. Helena, it was initially dubbed the “world’s most useless” airport. That’s because wind shear on the cliffside runway initially made it dangerous to land. Today the airport is up and running, but it’s a category C, meaning that pilots have to be specially trained to land there. It’s not the only one — here are some of the most breathtaking (but also fear-inducing) airports around the world. READ MORE
Missed last week’s issue? See which articles your colleagues read most.
- U.S. Travel Goods Imports Surged in First 8 Months of 2021 (TGA)
- Innovative Gear for Returning to the Office, Hybrid Work and Business Travel (TGA)
- These New Travel Carry-on Bags Are on a Roll (If You Can Find Them) (THE WASHINGTON POST)
- Retailers…You Need This Data! (BRIGHTPEARL)
- Buttigieg Warns Some Supply Chain Problems Will Persist Into 2022 (POLITICO)