tpp goes ahead. what does it mean for the shipping/logistics industry
TRANSCRIPT
ABOUTXENETA
At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.
With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.
WE ARE TRANSFORMING GLOBAL LOGISTICS
ARE YOU PAYING THE RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS POTENTIAL IN REAL
TIME.
CONTACT US.
THE TPP MARKS THE LARGEST FTA SINCE THE NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) WAS PUT INTO ACTION BACK IN 1994.
THE TPP
12 DIFFERENT PACIFIC RIM COUNTRIES,
SIGNED THE AGREEMENT.
U.S.AUSTRALIABRUNEICANADACHILEJAPANMALAYSIAMEXICONEW ZEALANDPERUSINGAPORE VIETNAM
SIMULATION RESULTS SHOW THAT, WITH CHINA’S ACCESSION
COMPARED TO THE SCENARIO OF CHINA NOT JOINING, CHINA WILL
LOSE 2.2 PERCENT OF GDP.
- ONE OF CHINA’S TOP ECONOMISTS, MA’S JUN
GLOBAL ECONOMY
HOWEVER, WITH THE TTP INCLUDING 40% OF THE GLOBAL ECONOMY
(APPROXIMATELY $27.7 TRILLION), IT’S NOT
REALLY SOMETHING A COUNTRY WOULD
WANT TO BE EXCLUDED FROM.
IT WILL RATHER DRASTICALLY IMPROVE AND ENHANCE TRADING FOR THE UNITED STATES, WHICH IS THE BIGGEST PARTICIPATING MEMBER OF THE NEW AGREEMENT.
THE BIGGEST PROPONENTOF THE NEW
TRADE AGREEMENT:
ARE YOU PAYING THE RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS POTENTIAL IN REAL
TIME.
BY 2030, U.S. INCOMES WOULD SEE A BOOST OF APPROXIMATELY $137 BILLION, AND EXPORTS WOULD SEE A BOOST OF $357 BILLION.
MALAYSIA VIETNAM SINGAPORE
COUNTRIES TO WATCH OUT FOR AS THEY STAND TO GAIN A GOOD DEAL BY THE EXPANDED MARKET:
HOWEVER, WITH THE TTP INCLUDING 40% OF THE GLOBAL ECONOMY
(APPROXIMATELY $27.7 TRILLION), IT’S NOT
REALLY SOMETHING A COUNTRY WOULD
WANT TO BE EXCLUDED FROM.
ROCKY ROADS MAY BE AHEAD.
SOME COMPANIES SIMPLY AREN’T ABLE TO
ADAPT QUICKLY ENOUGH TO HANDLE
THE NEW AGREEMENT.POTENTIAL RESULTS
COULD INCLUDE:
JOB LOSS.
STRENGTHENING OF OTHERINDUSTRIES.
CREATION OF BETTER PAYING JOBS ELSEWHERE.
LOWERING OF THE COSTS OF GOODS.
FINALLY, IT IS VITAL THAT SHIPPERS ARE LOOKING TO FIND MEANINGFUL SOLUTIONS TO KEEP ABREAST OF THE EVER-CHANGING MARKETPLACE.
LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND
INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS
BUSINESS:
REQUEST DEMO NOW