Daily Industry Briefing
Today's three stories each touch your shipping space, your e-commerce costs, and your tax filing. The tariff cuts China and the US just agreed on came too late, landing right when National Day Golden Week starts, so trans-Pacific spot rates fell instead of rising, and Maersk has already begun pulling ships. Shein delivered its first results since listing, and its operating profit was cut in half, sending its share price down. Meanwhile in Malaysia, the mandatory e-invoice threshold was raised from RM1 million to RM3 million, giving over 1.1 million SMEs some breathing room for now.
Today's 3 Stories
1. China-US tariff truce clashes with National Day Golden Week, trans-Pacific rates fall instead of rise, Maersk pulls 4,000 TEU
China and the US agreed to mutually cut tariffs on USD30 billion worth of goods each, bringing tariffs on over 90% of covered categories down to most-favoured-nation standard rates, covering 1,696 tariff codes combined across both lists
The Loadstar 路 2026-09-29 路 Read Original ↗
2. Shein's first earnings report since listing: H1 operating profit halved, shares plunge 11%
Shein reported on Monday that adjusted operating profit for H1 fell 50.4% year-on-year, while net revenue grew just 1% to USD20.1 billion
Free Malaysia Today 路 2026-09-29 路 Read Original ↗
3. Malaysia raises mandatory e-invoice threshold to RM3 million, over 1.1 million SMEs temporarily exempt
The government has raised the mandatory e-invoice threshold from annual revenue of RM1 million to RM3 million, effective from 1 September 2026
BusinessToday Malaysia 路 2026-09-29 路 Read Original ↗
HASTE Take
The tariff truce won't help you. What you should really watch is the 4,000 TEU Maersk just pulled
Honestly, this China-US tariff cut won't help you right away. The deal only takes effect on 1 October, right when National Day Golden Week starts. But factories in China are already shutting down for the holiday around this time, so exports are naturally low anyway. Lower tariffs don't matter if there's no cargo to ship. Meanwhile, shipping lines have already moved first: Maersk is pulling an Asia to US West Coast extra loader service next month, cutting 4,000 TEU of weekly capacity in one go. Less capacity doesn't mean more space for your cargo. It actually means carriers are bracing for weaker demand. Once factories restock and ship out after the holiday, space could get tighter, not looser.
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 briefing is compiled from public news and third-party reports for reference only. It does not constitute tax or legal advice. Please refer to official announcements and professional advisors for specifics.
