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TPP Goes Ahead. What Does It Mean for The Shipping/Logistics Industry

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TPP Goes Ahead. What Does It Mean for The Shipping/Logistics Industry

  1. 1. TPP Goes Ahead. What Does It Mean For The Shipping/logistics Industry?
  2. 2. Join The Conversation On Twitter @XENETA_AS
  3. 3. About Xeneta Container Freight Pricing Transparency With One Platform In Real Time & On Demand.
  4. 4. Are You Paying The Right Container Freight Rates? Discover Savings Potential In Real Time. Contact Us.
  5. 5. The TPP marks the largest FTA since the north american free trade agreement (NAFTA) was put into action back in 1994.
  6. 6. THETPP 12 different pacific rim countries, signed the agreement. U.S. Australia Brunei Canada Chile Japan Malaysia Mexico New Zealand Peru Singapore Vietnam
  7. 7. 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
  8. 8. 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.
  9. 9. It will rather drastically improve and enhance trading for the united states, which is the biggest participating member of the new agreement. THE BIGGEST PROPONENT OF THE NEW TRADE AGREEMENT:
  10. 10. By 2030, U.S. Incomes would see a boost of approximately $137 billion, and exports would see a boost of $357 billion.
  11. 11. Malaysia Vietnam Singapore Countries to watch out for as they stand to gain a good deal by the expanded market:
  12. 12. 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 Other Industries. Creation Of Better Paying Jobs Elsewhere. Lowering Of The Costs Of Goods.
  13. 13. Finally, it is vital that shippers are looking to find meaningful solutions to keep abreast of the ever-changing marketplace.
  14. 14. Learn How Xeneta Can Help You Get Insight And Intelligence Into Your Global Ocean Freight Prices And Change Your Logistics Business: Request Demo Now

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