{"id":740,"date":"2022-06-25T09:07:56","date_gmt":"2022-06-25T09:07:56","guid":{"rendered":"https:\/\/logisticsportal.net\/?p=740"},"modified":"2022-06-25T09:07:56","modified_gmt":"2022-06-25T09:07:56","slug":"logistics-recap-june-19th-june-25th","status":"publish","type":"post","link":"https:\/\/logisticsportal.net\/?p=740","title":{"rendered":"Logistics Recap June 19th &#8211; June 25th"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/container-gb7384e8e9_1920_dark.jpg&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_fullwidth_header _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/06\/container-gb7384e8e9_1920_dark.jpg&#8221; min_height=&#8221;173px&#8221; custom_margin=&#8221;-29px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; title_text=&#8221;container-gb7384e8e9_1920_dark&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1 style=\"text-align: center;\"><strong>Logistics Recap <\/strong><\/h1>\n<h1 style=\"text-align: center;\"><strong>June 19th &#8211; <\/strong><strong>June 25th<\/strong><\/h1>\n<p>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; link_text_color=&#8221;#0C71C3&#8243; link_option_url_new_window=&#8221;on&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p class=\"p1\"><b>Asia-US container shipping rates are flashing two bearish signals<\/b><\/p>\n<p class=\"p1\"><span>Trans-Pacific spot container shipping rates have crossed two bearish thresholds. It depends on which indexes you believe, but according to Drewry\u2019s, spot freight rates are now below where they were at this time last year, and according to Xeneta\u2019s, spot rates are now below current contract rates.<\/span><\/p>\n<p><strong><a href=\"https:\/\/www.freightwaves.com\/news\/asia-us-container-shipping-rates-are-flashing-two-bearish-signals\" target=\"_blank\" rel=\"noopener\">Read More Here Freightwaves\u00a0<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><b>DB Schenker acquires USA Truck for $435M<\/b><\/p>\n<p>DB Schenker is acquiring USA Truck in a $435 million deal,<span>\u00a0<\/span>the two companies announced Friday.<\/p>\n<p>As part of the deal, DB Schenker is paying cash for all outstanding shares of USA Truck common stock, at a price of $31.72 per share. If approved, USA Truck will be folded into DB Schenker\u2019s Land Transport Division in the Americas Region.<\/p>\n<p><strong><a href=\"https:\/\/www.supplychaindive.com\/news\/DB-Schenker-buys-USA-Truck-435M\/626047\/\" target=\"_blank\" rel=\"noopener\">Read More Here Supply Chain Dive<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><b>US sanctions help China supercharge its chipmaking industry<\/b><\/p>\n<p class=\"p1\"><span>China\u2019s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.<\/span><\/p>\n<p><strong><a href=\"https:\/\/www.supplychainbrain.com\/articles\/35234-us-sanctions-help-china-supercharge-its-chipmaking-industry\" target=\"_blank\" rel=\"noopener\">Read More Here Supply Chain Brain<\/a><\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Logistics Recap June 19th &#8211; June 25thAsia-US container shipping rates are flashing two bearish signals Trans-Pacific spot container shipping rates have crossed two bearish thresholds. It depends on which indexes you believe, but according to Drewry\u2019s, spot freight rates are now below where they were at this time last year, and according to Xeneta\u2019s, spot [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1140","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10,11],"tags":[],"class_list":["post-740","post","type-post","status-publish","format-standard","hentry","category-news","category-whats-new"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Logistics Recap June 19th - June 25th - Logistics Portal<\/title>\n<meta name=\"description\" content=\"Schenker&#039;s acquisition of US Truck, new sanctions help boost China&#039;s chipmaking industry and more in this week&#039;s Supply Chain Week in Review.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/logisticsportal.net\/?p=740\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics Recap June 19th - June 25th - Logistics Portal\" \/>\n<meta property=\"og:description\" content=\"Schenker&#039;s acquisition of US Truck, new sanctions help boost China&#039;s chipmaking industry and more in this week&#039;s Supply Chain Week in Review.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/logisticsportal.net\/?p=740\" \/>\n<meta property=\"og:site_name\" content=\"Logistics Portal\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-25T09:07:56+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/logisticsportal.net\\\/?p=740#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/logisticsportal.net\\\/?p=740\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/logisticsportal.net\\\/#\\\/schema\\\/person\\\/18e9f22fdf76fdaa9579176b9baa034b\"},\"headline\":\"Logistics Recap June 19th &#8211; 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