New updates have been reported about project44 (PC:PJCTF)
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project44 has released its November Tariff Report, revealing significant shifts in U.S. trade dynamics as tariffs continue to influence global supply chains. The report highlights a notable decrease in blank sailings between the U.S. and China, with an 82% drop from their peak earlier this year, indicating an adjustment to new demand patterns driven by tariffs. This shift is accompanied by a rise in imports from Southeast Asian countries like Indonesia and Thailand, which have surged by 34% and 37% respectively, as businesses diversify their sourcing strategies away from China.
Despite the challenges posed by tariffs, eCommerce delivery performance has remained stable, with on-time delivery rates improving from 83% in June to 86% in October. This improvement is attributed to robust domestic fulfillment strategies by retailers. project44’s Tariff Tracker and Tariff Analytics solutions are instrumental in helping businesses navigate these changes by providing real-time insights into cost impacts and supply chain performance. As global trade continues to adapt to evolving tariff environments, project44 remains a key player in offering visibility and intelligence to manage these transitions effectively.