Cooling demand increases warehousing vacancies, with rents inching down
Cooling demand has ended the long run of increasing warehousing costs and nudged the average ...
There is an interesting article in the New York Times revealing how companies are looking to avoid US tariffs by transhipping. China’s Settle Logistics boasts on its website that it “can adopt other approaches to bypass those trade tariffs in order to expand markets”. While the US is aware of the dodge, it can be a complicated process to regulate, with new certificates of origin, from other countries, given to Chinese-made goods. As one Chinese freight forwarder puts it: “Products requirement: Do not have a ‘Made in China’ logo”. A worthwhile read.
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