Aug 22,2024
The Impact of TEMU on Global E-Commerce
Click the video above to watch exciting sharings from seasoned freight forwarding executives!
Several shipping companies have recently issued notices of rate increases, with this surge primarily concentrated in regions such as North America, Europe, and the Mediterranean. Certain routes have seen price increases nearing 70%.
This wave of collective rate adjustments is driven by ongoing Red Sea disruptions, active inventory restocking in the West, and the trans-Atlantic long-term contract season in April and May. Shipping companies are leveraging rate hikes to strengthen their bargaining power, resulting in a combined push for higher freight rates.
"Stories, Attitudes, and Substantial Insights"
Welcome to WallTech Family - the brand program for international logistics professionals
WallTech Family | Season One: Inside Shipping Companies
Today, We're back with Part 2 of 'Inside Shipping Companies'. Two guests from famous booking agents will continue discussing several important industrial topics with the host, Mr. Wen Ming, CSO of WallTech, including the impact of China's new energy industry export boom on freight forwarding and the analysis of freight rate trends in 2024.
Meanwhile, the guests also shared some interesting topics: what mindset changes are needed to work in shipping companies and freight forwarding enterprises? What preparations should freight forwarders make to serve customers at multiple global ports?
Episode 1 (Part 2) Timeline
You can jump directly to your interested topics according to the following timeline
00:46-4:03
Amid the surge in exports of new energy vehicles, how can freight forwarders seize the opportunities?
4:04-6:50
What are the major differences between working for a shipping company and working for a freight forwarder?
6:52-7:33
How do we view the dissolution of the 2M Alliance and the establishment of the Gemini Alliance?
7:34-10:13
What are the trends in the development of multi-port services by freight forwarders?
10:14-13:51
Forecasting the freight rate trends for 2024.
Highlights of Episode 1 (Part 1)
00:00 - 02:33
Introduction to the program
02:33 - 04:23
Guest introductions & their history of collaboration with the two major shipping companies
04:23 - 08:29
ONE and Hapag-Lloyd's requirements for booking hazardous and special goods
08:29 - 13:12
Spot market vs. long-term contract rates:
How should shippers choose?
13:12 - 15:29
Sharing experiences from years of cooperation with shipping companies as a booking agent
15:29 - 21:09
The rise of shipping companies' e-commerce and its impact on freight forwarders
21:09 - 21:44
WallTech Family Season 1
Inside Shipping Companies
Guests
Jianfeng Tao
Deputy General Manager, Ba-shi Yuexin
Gaoling Zhu
General Manager, Maritime Division, UBI Logistics
Shipping Companies Featured
Ocean Network Express
Hapag-Lloyd
WallTech Family, created by WallTech in collaboration with esteemed clients, adheres to the philosophy of "Stories, Perspectives, and Practical Insights." It highlights pivotal issues in the international logistics sector, inviting veteran enterprises to discuss and share insights on its development.
The series spans five seasons, each delving into critical topics in international logistics. Episodes are released monthly, with each edition comprising two parts.
The inaugural season, Inside Shipping Companies, has undergone meticulous planning over two months and officially debuts today.
We welcome your thoughts on WallTech Family and any topics you wish to explore. Each comment will be carefully reviewed and considered for future episodes.
A heartfelt thank-you to all our guests and viewers
Produced by
WallTech (China) Co., Ltd
Special Thanks to
Leading freight forwarding enterprises and loyal users of
WallTech International Logistics Collaboration Management System
for over a decade
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