This week, your host Adrian is joined by Kate, head of the Sofeast supply chain management team, to bring you the latest updates in logistics and shipping.

Discover the recent decline in ocean freight costs, the impact of US port strikes, and the effect of Mexican customs enforcement on Chinese goods. Kate also discusses new US regulations affecting dropshipping and the consequences of the recent port explosion in Ningbo.

Plus, get a sneak peek into the upcoming Global Sources Consumer Electronics Fair in Hong Kong, where the Sofeast team will be at their subsidiary Agilian Technology's booth.

00:00 - Introduction and greetings.

00:46 - Decline in Ocean Freight Costs and Transit Time.

03:07 - Potential Impact of U.S. East Coast Strikes.

05:04 - Piracy in the Red Sea and Seizure of Chinese Goods in Mexico.

07:06 - U.S. Sanctions on Chinese and Russian Entities.

09:09 - Impact of Strikes and Congestion in the U.S. and Canada.

10:09 - Dropshipping Regulatory Changes in the U.S.

14:04 - Port Explosions and Dangerous Goods Documentation.

17:04 - Upcoming Event: Global Sources Consumer Electronics Fair in Hong Kong.

21:00 - Closing Thoughts.

• Red Sea crisis winds down as freight rates drop

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