TGA wishes our friends, colleagues, membership and industry all the joys of the season and health, peace and prosperity to you and your families.
After last year’s socially distanced holidays, travelers are boarding planes, trains and automobiles to see family, work remotely from exotic locales, and embark on bucket-list adventures. New essential travel accessories address the health and safety concerns of global travelers, add comfort and pleasure in unfamiliar destinations, and support today’s necessary electronics. READ MORE
According to the latest reports, almost 100 ships are waiting to enter the Ports of Los Angeles/Long Beach, with Sea-Intelligence finding 28.4% of Asia-U.S. West Coast sailing blanked last week, and Drewry’s weekly composite World Container Index showing rates are on the rise again.
On Dec. 16, TGA joined hundreds of organizations in urging Congress to restart the China Section 301 tariff exclusion process.
Although there are signs that some bottlenecks are easing, the onset of the COVID omicron variant could lead to new shutdowns, sending another disruptive spasm through the global system. READ MORE
To familiar congestion names Shanghai, Ningbo, Los Angeles and Long Beach, other ports such as Piraeus and Port Klang can now be added. The global container port congestion crisis that has racked supply chains all year is shifting to new hot spots while some older problem places get back on track. READ MORE
Even without a pandemic, holiday travel isn’t for the faint of heart. Millions are expected to travel this month, with threats of volatile weather and the omicron variant further stressing out people eager to close Year 2 of the pandemic. To help travelers prepare, CNBC Travel asked industry insiders this question: What’s your one, solid tip for people traveling this December? READ MORE
You’re about to return to the office for the first time since COVID-19 was declared a global pandemic in March 2020, at least assuming the omicron variant doesn’t mess with those plans. But the workplace you left behind, and the protocols for even being allowed in the building, will barely resemble pre-coronavirus norms. READ MORE
From data privacy to modernized checkout, these are the technology areas poised to shape the industry over the next year. READ MORE
THE NEW YORK TIMES
Millions of Americans are expected to travel over Christmas and New Year’s, with some booking sites, such as Hopper, predicting that even international travel will approach pre-pandemic levels. As travelers try to decide whether to commit to their plans, many are grappling with the question: What if I test positive even though I’m vaccinated, and get stuck somewhere far from home? READ MORE
HARVARD BUSINESS REVIEW
Through a series of more than 100 in-depth interviews with leaders at multinational organizations, we found that while many firms focus their efforts on markets with strong existing demand, it is in fact possible to launch successfully in a new market that has almost no evident demand — and if done right, this can be a highly effective approach to sidestep competition and establish a strong market position early. READ MORE
The average return costs retailers two-thirds of the original price (ouch!). This is because of factors like labor, transportation, and warehouse expenses — all invisible to the consumer (minus a package’s tracking information, perhaps). The price of this is astronomical: Over $66 billion in product returns will revert into the supply chain. READ MORE
It’s clear that social media now has an enormous impact on every aspect of the modern sales process – from top-of-funnel discovery and awareness to long-lasting brand loyalty. With that in mind, let’s look at five standout marketing lessons brands can learn from social media in 2021. READ MORE
Missed last week’s issue? See which articles your colleagues read most.
- Ports of LA/Long Beach Super Demurrage Fee Delayed Again (TGA)
- Attention, Buyers and Exhibitors! It’s Time to Get Excited About Travel Again (TGA)
- 4 Charts Show What the Travel Industry Looks Like 2 Years into the COVID Pandemic (CNBC)
- Factories Shut and Ningbo Restricts Truckers in Zhejiang Province Lockdowns (THE LOADSTAR)
- ‘Amazing’ Transit Times: From China, It’s Faster to Reach New York Than LA (FREIGHT WAVES)