Daily Industry Briefing
All three stories today will hit your wallet. First, the pre-Golden Week rush in China has pushed trans-Pacific rates higher, squeezing feeder space to Malaysia as well. Second, Malaysia's SST logistics service tax at 8% remains non-creditable, and it keeps stacking onto your customs clearance and warehousing bills. Third, the Anwar government is drafting new rules to address the impact of cross-border e-commerce on local SMEs, which will soon go to Cabinet, and this could change how you handle customs declarations down the road.
Today's Top Three
1. China's Golden Week rush pushes trans-Pacific rates close to USD10,000 per 40-foot container
China's National Day Golden Week starts on 1 October. The last batch of pre-holiday shipments has already gone out, and trans-Pacific rates have been climbing steadily since late August
The Loadstar 路 2026-09-25 路 Read Original ↗
2. Federation of Malaysian Manufacturers: logistics service tax keeps stacking up, proposes GST-style crediting mechanism
The Federation of Malaysian Manufacturers (FMM) welcomes the government's study on incorporating some GST features into the current SST framework to address the tax-on-tax problem
Free Malaysia Today 路 2026-08-19 路 Read Original ↗
3. Anwar: Malaysia is drafting measures to protect local SMEs from cross-border e-commerce impact
During his working visit to Zhejiang, Prime Minister Anwar said the MADANI government is drafting follow-up measures to address the impact of cross-border e-commerce competition on local SMEs
Malay Mail 路 2026-09-25 路 Read Original ↗
HASTE Take
Rates, taxes and policy are squeezing from three sides. Your landed cost will likely only go up this month, not down
China's Golden Week holiday starts on 1 October, so factories are rushing to clear their goods before the break. That's why US route rates have been pushed up these past few days. Last week, Shanghai to US East Coast rates briefly broke past USD10,000 per 40-foot container. This week it's at USD10,373, and Shanghai to Los Angeles also rose 2% to USD7,838. These are China-to-US prices, not direct China-to-Malaysia prices, but the logic carriers use to allocate ships and containers is the same: whichever route makes more money gets priority on vessels and boxes. China-to-Malaysia feeder space is easily pushed down the queue these days. If you haven't handed your goods to a forwarder to book space this week, you may have to wait until mid-October, after Golden Week ends, before schedules stabilise again.
This is a condensed version. The full briefing, with every key point, the cost comparison table and the recommended actions, is published on the Haste website:
This content is compiled and analysed from public news sources for reference only. Please refer to official announcements and carrier quotations for actual rates, tax rates and policies.
