Meet at the bottom of Pikes Peak in Colorado Springs
Photo courtesy of Colorado SpringsWelcome to "American Olympic City!" Colorado Springs has over 500,000 square feet of flexible conference space, 300 days of sunshine and incredible mountain views each year. Hidden in the shadows of Pikes Peak, here you will find a perfect blend of urban comfort, fascinating history and natural splendor. World-class venues like the American Olympic and Paralympic Museum, Polaris Hotel, Weidner Flanch, Weidner Field and Colorado Springs Convention Center, your attendees will be fascinated by your attendees regardless of the size of your event. Let Colorado Springs’ unique amenities and a small town feel take your meeting to new heights!Photo courtesy of Colorado SpringsMeet at one of the city's newest properties. Polaris Hotel Polaris at the North Gate of the U.S. Air Force Academy has over 40,000 square feet of flexible meeting space, with elegant medieval modern style. Chamonix Casino & Hotel is surrounded by views of the historic Cripple Creek, with plenty of room for meetings…
CMA CGM postpones peak season surcharges for U.S. routes
In a major update for ocean shippers, CMA CGM is deferring peak season surcharges on several routes to the United States. The news, first reported by Yahoo Finance, highlights the fourth postponement of a $1,000 surcharge on service departing from the Indian subcontinent, the Middle East Gulf, the Red Sea and Egypt to the U.S. Eastern and Gulf Coast. Also read: CMA CGM delays key U.S. shipping surcharge amid contract talks The French shipping giant's surcharge is thought to reflect the increased costs of maintaining operations amid security concerns in the Red Sea, where CMA CGM vessels remain one of the few still sailing despite the risks posed by attacks by Houthi rebels in Yemen. One of the carriers. The company has aligned with global early-loading trends ahead of the Lunar New Year, when Asian factories typically close for extended periods starting on January 29. The strategic move comes at a time when ocean carrier alliances and vessel-sharing agreements are…
Truck spot rates soar during peak season
The truckload dry goods market is witnessing a strong response from the peak season, with the National Truckload Index (NTI) reaching levels not seen in nearly two years. According to Yahoo Finance, spot rates have surged from $2.38 to $2.52 per mile, a significant increase since January 23, 2023. Also Read: Improving carrier sentiment points to potential rate increases in truck spot market The latest data from SONAR showed that the outbound tender rejection rate increased by 63 basis points weekly, climbing from 5.24% on December 5 to a peak of 5.87% since July 8. It increased 7.32% year-on-year to 7,926.19 points, compared with 8,551.79 points last year. These dynamics suggest that improvements are driven more by capacity factors than overall volume increases. Further analysis by SONAR Carrier Details shows a decrease in the number of freight agencies, with 344,541 active freight agencies now representing a 4% decrease compared to 358,985 a year ago. The shrinking trucking sector presents potential…
This year’s Christmas peak season has swept the logistics industry
Although from a consumer perspective, Christmas or promotional events such as Black Friday in November are still a long way off, the TSL industry is already starting to feel the Christmas rush. The most dynamic situation is sea freight. This year, the importance lies not only in the distance to the production market, but also in the resilience of the supply chain. Compared to the peak shipping period we are used to, we see a shift of about two weeks. What's more, some companies started shipping Christmas goods as early as June. The reason is the blockage of the Suez Canal. Ships detoured around Africa, extending shipping time by 10-14 days. Christmas or promotional goods, including electronics, textiles, decorations and toys, mainly come from China, which is the EU's largest import partner after the UK and the US. According to Eurostat, China accounted for 20.5% of EU merchandise imports in 2023. Also read: Road freight prices unexpectedly rise on Christmas…
U.S. consumer spending remains stable, with no signs of an early peak
Policy uncertainty in Europe and the United States has a negative impact on trade: “In a more uncertain environment,” a World Bank report states, “firms may choose to postpone investment and export decisions, and consumers may cut back on spending.” The latest data from the U.S. Bureau of Economic Analysis (BEA) shows no sudden increase in U.S. consumer spending, supporting the view that the early peak season for container cargo is driven more by frontloading of imports rather than increased consumer demand. Also read: US consumer spending trends reshape container shipping dynamics © Ocean Intelligence According to Sea-Intelligence, year-over-year growth rates for “durable goods” fell sharply in early 2024, and although they have recovered, they have not yet reached 2023 levels. In contrast, spending on “non-durable goods” has been showing consistent growth since late 2022, but there was no unexpected spike in consumer spending in the late spring and early summer of 2024. The only significant increase in consumer spending…
The peak shopping season in the second half of 2024 is approaching, and the Shenzhen Gift Fair will open in October
The peak shopping season in the second half of 2024 is approaching, and the Shenzhen Gift Fair will open in October 1688 Source: Quzhan.com 2024-07-19 14:03:42 China (Shenzhen) International Gifts, Crafts, Watches & Household Products Fair 2024 2024-10-20 ~ 2024-10-23 89 days until launch check details The 32nd Shenzhen Gift Fair, organized by Reed Exhibitions Huabo Exhibitions Shenzhen Co., Ltd., will be held with great fanfare at Shenzhen International Convention and Exhibition Center (Baoan New Hall) from October 20 to 23, 2024, providing an excellent opportunity for various mainstream brands to enter the gift industry. Covering all scenarios to promote business development As a flagship exhibition of China's gift and home furnishing industry, this exhibition will showcase 5,000 high-quality suppliers, more than 30 major consumer categories and more than 1 million creative gifts in 13 exhibition halls and 260,000 square meters. The exhibited categories include household products, leather bags, stationery and cultural creation, food, small household appliances, 3C digital electronics,…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
