## Company Profile Trusted Delivery Solutions (TRUSTED DELIVERY SOLUTIONS) — Pakistan-based freight forwarder focused on international freight, customs clearance and trade-lane management. Primary contact: Muhammad Shahbaz, Head of Global Trade Lane Development. Likely serves textile/home-textile exporters (garments, bed linen, towels), offering ocean/air forwarding, consolidation and door-to-door services. Scale: small-to-mid local forwarder (no public revenue disclosed). ## Pain Points ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. [MARKET EVENTS] Pakistan textile & apparel exports – 2026 demand trends, EU/US orders & sourcing shifts vs Bangladesh & India === Overall export trend and 2024–26 baseline - Pakistan’s total textile & apparel exports were about US$14.8 billion in FY 2023/24, recovering from FY 2022/23 but still below the pre‑flood peak. Knitwear, bed linen, garments and towels account for ~74% of the textile basket. (finance.gov.pk) - July–April FY 2024/25 data show textile exports broadly flat to slightly higher versus the prior year, with marginal growth in cotton cloth and gradual recovery in high‑value garments after the energy crisis eased. (finance.gov.pk) EU demand & orders - The EU remains Pakistan’s largest single market for textiles and clothing, heavily supported by GSP+ preferences. Post‑GSP+, Pakistan’s textile exports to the EU grew at a 7% CAGR. (ptc.org.pk) - Pakistan’s top EU export item in 2024 was men’s/boys’ cotton ensembles, followed by jerseys/pullovers and bed linen. (pbc.org.pk) - Q1 FY 2025/26 monitoring shows exports to the EU broadly stable year‑on‑year, with shifts within product mix. EU buyers are benchmarking Pakistan on compliance, lead times and near‑shoring risks; post‑2027 GSP reform is a medium‑term risk. (ptc.org.pk, commerce.gov.pk) US demand & orders - Pakistan’s total exports to the US were US$5.6bn in 2024; home textiles and apparel are large components. (tradingeconomics.com) - FY 2024/25: apparel exports to the US down 2.4% by volume but unit values up slightly; home textiles volumes up 10.8% YoY, indicating strength in bed linen/towels. (sbp.org.pk) - Peer countries gained US market share (India, Vietnam); Pakistan lost apparel volume but held niches. (sbp.org.pk) Competitive positioning vs Bangladesh & India through 2026 - Pakistan benefited from some diversion away from Bangladesh in 2024–25, but over the longer run India is gaining US share. Key buyer drivers: energy reliability, compliance/ESG, and logistics risk (Red Sea). (textilevaluechain.in, commerce.gov.pk) Forward‑looking signals for 2026 demand - Pakistan is updating Textiles & Apparel Policy and Export Facilitation Scheme to prioritize higher‑value apparel and man‑made fibre products by 2025–27; continuity would be moderately positive for 2026. (commerce.gov.pk) - Global apparel demand entering 2026 is soft but stabilizing; Pakistan expected to stabilize or grow low single digits in 2026. (textilevaluechain.in) Implications - EU orders: stable to mildly positive (0–3% volume), with strength in cotton ensembles and home textiles. - US orders: flat to slightly negative in basic apparel; home textiles hold/grow. - Pakistan likely to defend niche segments; India gaining in US apparel. (textilevaluechain.in, sbp.org.pk) === 2. [COMMODITY TRENDS] Pakistan cotton & yarn prices 2026 and impact on textile export volumes; global cotton market 2026 === Pakistan cotton balance & mill use - USDA Pakistan Cotton and Products Annual (April 2026): 2024/25 production ~1.09m tonnes; 2025/26 forecast ~1.16m tonnes. Imports decline as domestic output recovers. Domestic mill use forecast to fall modestly through 2026/27 due to mill closures and weak yarn demand. (apps.fas.usda.gov) Price levels – local lint and yarn - Global Cotlook A and USDA/ICAC outlooks indicate oversupply and muted price upside into 2026. Lower lint prices improve raw‑material margins but weak yarn demand and high energy tariffs weigh on profitability. (bigmint.co, ecofinagency.com, ers.usda.gov) - Pakistani lint prices face downward pressure in real terms; yarn exporters report tight margins and price‑sensitive buyers. (apps.fas.usda.gov) Impact on export volumes - Finished goods (knitwear, bedwear, garments) show small positive growth; cotton yarn exports weaker as mills shift to value‑addition. Cheaper lint helps integrated mills but standalone spinners are at risk. (finance.gov.pk) Global context - Global oversupply persists; Pakistan remains a core spinning hub long term but non‑cotton costs (energy, finance, compliance) are the limiting competitiveness factors. (depts.ttu.edu, cotton.org) === 3. [DEMAND SIGNALS] Pakistan container capacity & freight rates 2026; Karachi port congestion; service changes & blank sailings === Port and infrastructure - Port of Karachi remains busy; Karachi Gateway Terminal (KGTL) (commissioned 2023) added quay capacity and eased some congestion. (en.wikipedia.org) Global freight rate environment into 2026 - Asia–Europe spot rates fell to multi‑year lows in 2025; early‑2026 shows softness on Asia–US and Asia–Europe lanes with intermittent GRIs and blank sailings as carriers manage capacity. (spglobal.com, Freightos commentary) - March–April 2026 saw carriers implement blank sailings and rate increases in some corridors to manage capacity and costs. (industry commentary) Pakistan‑linked lane behavior - Pakistan‑bound rates trending downward in early 2026 with general availability of space but week‑to‑week volatility due to re‑routing around the Red Sea and blank sailings. Trans‑shipment via Jebel Ali/Colombo adds dwell time and roll‑over risk. (industry reports) Karachi congestion - Congestion is episodic not chronic; KGTL reduced some issues but yard/collection delays can occur in peak periods or when vessels bunch. (public sources) Blank sailings & service changes - Blank sailings on mainline loops create schedule unreliability for Pakistani exporters who rely on feeder/transshipment; this increases lead‑time variability (extra 7–14 days for some Europe routings) and detention/demurrage exposure. (spglobal.com) Implications for 2026 textile exporters - Freight cost not currently binding due to low rates, but schedule reliability and lead‑time variability are the main logistics risks. Exporters need contingency routing, better schedule visibility and detention/demurrage management. Carriers likely to continue using blank sailings and ad‑hoc surcharges rather than permanently cutting service to Pakistan in 2H 2026. (spglobal.com) Sources: finance.gov.pk; ptc.org.pk; pbc.org.pk; sbp.org.pk; textilevaluechain.in; commerce.gov.pk; apps.fas.usda.gov; bigmint.co; ecofinagency.com; ers.usda.gov; spglobal.com; en.wikipedia.org; plus industry shipping commentary.