CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

Route Article

Lowering demand for Asian air cargo

     Cargo Plane

Asian air cargo carriers are reporting a sharp decline in demand that could become even more steep if the U.S. follows through on threats to place higher tariffs on Chinese-made goods. Coupled with this is a drop off in intra-Asia cargo volumes, as components exported to China for assembly lines declined due to decreased production levels.

The trade war has also resulted in uncertainty and concerns over tariffs, leading to some manufacturing activities moving from China to other countries, such as Vietnam, Thailand and Malaysia.  This is, however, a slow process as supply chains cannot adjust that quickly.  While this may boost cargo volumes in the region, retaliatory tariffs by the U.S. against these nations will have negative effects on cargo volume.

For more information, contact David Lychek, Manager – Ocean & Air Services.

Quick Tip #2
Two ways to control the cost of your freight shipments

Looking for new ways to reduce your shipping costs? Start by ensuring you are not wasting money by carrying weight that can be removed.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics