EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 15 -2025

📌Weekly Logistics Highlights:

The news highlights this week include:Tianjin Port's throughput reached a record high in the first quarter of 2025, Vietnam proposed to reduce import tariffs on the U.S. to 0% amid high tariff disputes, and the U.S. has paused tariffs for 90 days on most countries...

Hong Kong, China

🔹Hong Kong logistics rents dip 1.7% in Q1 2025

In Q1 2025, Hong Kong's logistics rents fell by 1.7% quarter-on-quarter and 5.7% year-on-year due to subdued demand amid ongoing trade uncertainty. Leasing activity is primarily driven by renewals and relocations, with landlords adopting flexible strategies like rent reductions to attract tenants, leading to an anticipated 4% year-on-year decline in rental rates for the year.

Shenzhen, China

🔹Shenzhen Braces for Impact from Trump's Tariffs on Exports

Faced with Trump's aggressive tariffs, Shenzhen, known as the "foreign trade capital," must stay alert, as exports of various electronic and machinery products are likely to suffer significant impacts. Currently, the cargo volume at Shenzhen's Yantian Port is already at its limit.Under the pressure of urgent shipments before the tariffs take effect, the Yantian Port is operating at maximum capacity, with container trucks bustling back and forth. Drones, IC products, and liquid crystal televisions are common exports, along with more unique items like snowplows.Niu Haoyang, General Manager of Hanyang Technology in Shenzhen, stated: "In 2024, we expect to ship nearly 10,000 units globally, with over 70% going to North America."

Guangzhou, China

🔹Guangzhou Launches First Inter-City Low-Altitude Logistics Route for Cross-Border E-Commerce

On April 1, Guangzhou launched the first inter-city low-altitude logistics route for cross-border e-commerce, with drones transporting goods from the Guangzhou Huangpu Comprehensive Bonded Zone to the Dongguan Shuixiang Hexi Digital Industry Zone. This new route significantly reduces delivery time to just 10 minutes, compared to 50 minutes for ground transport, and marks a major step in developing low-altitude logistics in the Guangdong-Hong Kong-Macao Greater Bay Area. The project, a collaboration between Guangzhou and Dongguan, aims to enhance the low-altitude economy and expand innovative logistics applications.

Shanghai, China

🔹China Southern Airlines Logistics Launches First International Transfer Service in Shanghai

On April 9, China Southern Airlines Logistics launched its first international transfer "switching" service in Shanghai, marked by the successful takeoff of flight CZ2505 to Chicago, carrying 98 tons of high-efficiency electronic products from Hanoi. This service aims to address urgent transportation needs arising from U.S. tariff policy changes, showcasing the resilience of China's supply chain and enhancing logistics efficiency by enabling seamless coordination between airlines and customs for quicker international freight transfers.

Tianjin, China

🔹Tianjin Port Hits Record Q1 2025 Throughput, Advances Smart and Green Initiatives

In the first quarter of 2025, Tianjin Port achieved a record container throughput of 5.713 million TEUs, marking a 5.6% increase year-on-year, along with a total cargo throughput of 119 million tons, up 1.4%. The port is accelerating its transition to smart shipping services, implementing advanced management systems, and enhancing supply chain capabilities. Additionally, it is focusing on green initiatives, including the establishment of a wind power project and achieving 100% clean energy use in container operations, while continuing to improve its logistics infrastructure and expand international shipping routes.

Qingdao, China

🔹

Vietnam

🔹Vietnam Proposes 0% Tariff on U.S. Imports Amid High Tariff Dispute

Vietnam's General Secretary To Lam expressed willingness to lower import tariffs on goods from the U.S. to 0% during a phone call with President Donald Trump on April 4, suggesting that the U.S. apply similar rates to Vietnamese exports. The leaders reaffirmed their commitment to enhancing bilateral cooperation and discussed measures to promote trade, with To Lam inviting Trump and his wife for a visit to Vietnam, which Trump accepted. Vietnam, facing a significant trade surplus with the U.S., has been impacted by high tariffs, including a recent 46% countervailing duty imposed by the U.S. due to claims of high Vietnamese import tariffs.

South Korea

🔹Korean Air Reports Q1 Revenue Growth Amid Rising Operating Costs

In the first quarter of 2025, Korean Air reported a revenue of KRW 3.9559 trillion (USD 2.6975 billion), a 3% increase from the previous year, driven by strong demand in both passenger and cargo sectors. However, operating profit fell 19% to KRW 350.9 billion (USD 239.3 million) due to higher costs associated with new aircraft and currency fluctuations. The passenger division saw a 4% revenue increase, while cargo revenue rose 6% despite challenges from U.S. tariffs. Looking ahead, Korean Air anticipates growth in passenger travel during early May holidays and plans to expand destinations and charter operations while maintaining flexibility in response to trade policy changes.

America

🔹U.S. Tariffs Pause for 90 Days Except China

U.S. President Donald Trump announced a 90-day pause on higher tariffs for most countries, while significantly increasing tariffs on Chinese goods to 125% amid escalating trade tensions. This policy shift followed a sell-off in U.S. government bonds, highlighting the potential economic risks of his strategy. In retaliation, Canada imposed a 25% tariff on certain U.S. vehicle imports, and the EU prepared to apply retaliatory tariffs on nearly €21 billion worth of U.S. products. These developments illustrate the growing challenges facing the Trump administration in its trade policies.

Bangladesh

🔹Bangladesh Garment Exporters Face Challenges as India Closes Key Air Cargo Route

Exporters in Bangladesh's garment sector are facing challenges after India abruptly closed a popular transshipment route for air cargo, which allowed goods to be moved through Indian airports. This route had become essential during the pandemic for its cost-effectiveness and speed, with 600 tonnes of garments previously shipped weekly through India. In response, the Bangladeshi government is working to improve its own airport infrastructure and reduce handling costs, while exporters may need to rely more on the overstretched Dhaka airport or alternative routes. The sudden change raises concerns about potential delays and increased shipping costs, particularly for fast-fashion clients with tight deadlines.

Myanmar

🔹U.S. Companies Continue Teak Imports from Myanmar Despite Military Sanctions

American companies continue to import teak from Myanmar despite sanctions following the military coup last year, with shipments occurring as recently as December. Although U.S. Treasury sanctions prohibit transactions with Myanmar Timber Enterprise, reports suggest that importers are circumventing these restrictions by using intermediaries. Human rights groups are urging the U.S. government to enforce the sanctions more strictly, as the ongoing trade still benefits Myanmar's military regime, which has faced significant international condemnation due to its violent crackdown on civilian protests and the arrest of political leaders.

Share this article :

top