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TOP NEWS
Don’t Miss the Return of The Travel Goods Show to Las Vegas!
TGA
Momentum is building, there’s chatter in the air as we get closer to The 2022 Travel Goods Show! A combined attendance of over 30,000 qualified buyers from The Travel Goods Show and ASD Market Week will converge at the Las Vegas Convention Center from February 27–March 1, 2022. This Show will usher in a host of new players, including new buyers, new online retailers, and new customers from every corner of the industry. Get or renew your TGA membership, and then sign up for booth space. Secure your spot today…this Show will sell out! With questions or for help, contact TGA’s Cathy Trecartin.
Pets Are Ready to Hit the Road. We Want to See Your Pet Travel Gear!
TGA
According to a recent poll by the ASPCA, approximately 23 million Americans got a dog or cat during the COVID-19 pandemic. Many of these new pet owners will be looking for gear to make traveling with their new companions a breeze. Travel Goods Magazine is looking for products tailored to animal lovers that also love to travel. With the pandemic creating more flexible work schedules, many pet owners will be venturing out for vacations or day trips with their pet friends. If you manufacture pet travel gear and would like your product to be considered for coverage in the magazine, please email product details, MSRP, and product photo(s) to kim@travel-goods.org by December 14, 2021.
Ports of LA/Long Beach Delay Super Demurrage Fee Again
TGA
On Nov. 29, the Ports of Los Angeles and Long Beach delayed the super demurrage fee to at least Dec. 29, citing 37% reduction in longstanding containers on the docks. This is the third delay for the fee, which was supposed to be implemented on Nov. 29. TGA has urged the Federal Maritime Commission (FMC) to prevent the Ports of Los Angeles/Long Beach from implementing the so-called super demurrage fee on containers stuck at the ports. Every carrier has already stated that they will pass this new fee onto shippers, aka you.
White House Claims Significant Improvements at the Ports as Port Labor Contract Deadline Looms
TGA
On Nov. 29, President Biden claimed significant improvements in the shipping crisis, claims that don’t mesh with the reality for our industry. That reality was brought home when, on Nov. 16, the International Longshore & Warehouse Union (ILWU) rejected an employer proposal to extend the current West Coast port labor contract by one year (See exchange of letters here). The labor contract is set to expire July 1, 2022.
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Rolling Back U.S.-China Tariffs Would Ease Inflation in the U.S., Former Treasury Secretary Says
CNBC
Eliminating tariffs imposed on goods during the worst of the trade war would help ease inflation in the U.S., former Treasury Secretary Jacob Lew told CNBC earlier this week. But there’s currently “no political space” to do so, he said on CNBC’s “Street Signs Asia.” READ MORE
West Coast Longshoremen Will Seek New Contract in 2022
THE MARITIME EXECUTIVE
U.S. West Coast ports and terminal operators are heading into their first round of contract negotiations in eight years with the International Longshore and Warehouse Union. Bloomberg News is reporting having seen an exchange of letters between the union and the Pacific Maritime Association, confirming what most industry analysts expected, which is that the union wants a new collective bargaining agreement with the employers. READ MORE
Nearly 180 Million Shop Over Thanksgiving Holiday Weekend
NATIONAL RETAIL FEDERATION
In total, 179.8 million unique shoppers made in-store and online purchases during the holiday weekend, exceeding NRF’s initial expectations by over 21 million. The figure compares with 186.4 million shoppers in 2020 and is in line with the average of the last four years. READ MORE
White House Plans to Tighten Travel Rules Over Omicron Threat
BLOOMBERG
The Biden administration plans to tighten travel rules to combat the omicron variant of the coronavirus, by requiring all air travelers to the U.S. to be tested within a day of their departure regardless of vaccination status, according to a person familiar with the matter. READ MORE
Many People Are Flying Private Jet Services for the First Time. Here’s What They’re Paying
CNBC
Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have a different problem on their hands: keeping up with demand. Private aviation company VistaJet said new memberships for the first half of 2021 are up 53% compared to 2020, with Europe bringing in the greatest number of new members (51%) during this period. READ MORE
Cyber Monday Online Sales Drop 1.4% From Last Year to $10.7 Billion, Falling for the First Time Ever
CNBC
Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data released by Adobe Analytics. This year’s tally marks the first time that Adobe has tracked a slowdown in spending on major shopping days. Despite the slowdown, Adobe expects the entire holiday season will see record-breaking e-commerce activity, as shoppers spread out their dollars over more days. READ MORE
Navigating the Digital Frontier: Four Tips for Effective Social Media Marketing
MARTECH SERIES
Social media is one of the most powerful channels for digital marketing. Brands can creatively promote their products in ways that weren’t possible before the internet, and they can interact with potential customers in many different capacities. With user engagement growing exponentially by the year, social media provides the perfect place for businesses to market their services directly to consumers. Actual SEO Media, Inc., a Houston SEO firm, provides tips for businesses that want to fine-tune their social media marketing. READ MORE
Life-Changing Leadership: Delegation
FORBES
No leader can sustain themselves or their organization without successfully delegating to others. It’s simply impossible to do everything yourself, especially as the organization grows. You will only burn yourself out and/or crash the company trying. Yet delegating is one of the most difficult things someone can do. READ MORE
TRENDING ARTICLES
Missed last week’s issue? See which articles your colleagues read most.
- TGA Urges FMC to Stop Ports of LA/LAB Super Demurrage Fee (TGA)
- Stay Involved and Get Stronger (TGA)
- Emerging Travel Landscape + 2022 Travel Goods Show = New Opportunities (TGA)
- Pursesuitz is the Answer to Your Travel Prayers: Meet Them at The Show! (TGA)
- Video: Flexport CEO Warns Supply Chain Crisis Isn’t Getting Better (AXIOS)