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New shipping route links northern China to US West Coast

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      China

      China

      New shipping route links northern China to US West Coast

      2024-11-17 03:38 Last Updated At:09:47

      A new express shipping route connecting north China's Hebei Province with the west coast of the United States has been launched, providing businesses in the Beijing-Tianjin-Hebei region with quicker and more efficient access to the U.S. market. The route now offers the fastest maritime corridor between the region and the U.S. after shortening shipping times by over a week, with the quickest delivery time for products from north China to the U.S. now expected to take just 16 days.

      The operator, Hede International Shipping, plans to send one cargo ship per week from the Hunaghua port in the coastal city of Cangzhou. The vessel will first stop at the Port of Shanghai before making a direct voyage across the Pacific to the Port of Los Angeles.

      "The new freight route is faster, and we can reduce the stock volume by a week. As for logistics, it significantly lowers the cost of land and maritime transportation, which is good news for cross-border e-commerce sellers in Hebei because they can save about 30 to 40 percent of the transportation costs. Factories can also benefit from the fixed shipping schedule. They can arrange production based on the schedule every week, and accordingly provide an accurate date of arrival to their U.S. clients," said Wang Bo, an international freight forwarder.  

      New shipping route links northern China to US West Coast

      New shipping route links northern China to US West Coast

      Next Article

      Trump imposes "reciprocal tariffs" amid widespread opposition

      2025-04-03 05:37 Last Updated At:09:07

      Amid widespread opposition, U.S. President Donald Trump on Wednesday signed two executive orders on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners.

      Trump announced these tariffs in a speech in the White House Rose Garden, during which he also said a 25-percent tariff on cars and car parts imported into the U.S. will take effect on Thursday.

      Many trading partners of the U.S. have previously expressed their opposition, saying that they will take countermeasures in response.

      On Wednesday, President of the European Council Antonio Costa said the European Union must react in a "firm but smart manner" to the reciprocal tariffs.

      "This is truly a major economic mistake for the United States and also for Europe and the entire world," Costa said.

      Italian Prime Minister Giorgia Meloni said the introduction of new U.S. tariffs would have heavy repercussions for Italian producers, adding that she did not rule out "adequate responses" to defend Italian products.

      While stating that the UK is engaging in constructive talks to reach a broader economic prosperity deal with the U.S., British Prime Minister Keir Starmer also said that the country is prepared for all possible scenarios and will not rule out any possibilities

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

      Trump imposes "reciprocal tariffs" amid widespread opposition

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