Taiwan gears up for more transhipment amid 90-day US tariff grace period
The Taiwan government plans to create more berths on the island’s container ports to attract ...
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The airfreight market could see a temporary shift, owing to changes in semi-conductor production, following yesterday’s 7.2 magnitude earthquake in Taiwan.
The earthquake, Taiwan’s largest in 25 years, caused at least nine fatalities and injured an estimated 900 people, and hit the world’s largest production centre for semiconductors.
It has already affected airfreight rates, according to supply chain experts.
The island produces the lion’s share of the world’s semiconductors, some 60-90%, depending on type, and is home to Taiwan Semiconductor Manufacturing ...
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Pichuiyer Balasubramanian
April 04, 2024 at 2:22 pmThe whole world is realising how unintelligent is the decision to leave production to a few countries, factories or regions. The whole world slows down if ‘that’ country, region or factory gets into production problems – ranging from natural to man made issues.