Freight Industry New Policy: Driver Age Limit Extended to 63 Years, Opportunities and Challenges Ahead!

Freight Industry New Policy: Driver Age Limit Extended to 63 Years, Opportunities and Challenges Ahead!

The Ministry of Public Security has extended the age limit for applying for a medium and large passenger and freight vehicle driving license from 60 to 63 years, aiming to address the aging crisis among freight drivers. The policy also allows drivers meeting certain conditions to extend the age limit to 66 years. This brings new job opportunities but raises concerns about employment for younger drivers.

12/01/2024 Logistics
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A New Growth Point for Rail Freight Driving Economic Development and Cost-effective Logistics

A New Growth Point for Rail Freight Driving Economic Development and Cost-effective Logistics

Rail freight has demonstrated significant growth potential in promoting economic development, particularly by improving transportation efficiency, optimizing services, and building modern logistics systems that provide strong support for various businesses. Through in-depth market-oriented reforms, the establishment of green channels, and the promotion of multimodal transport, rail freight has effectively reduced operating costs and contributed to the recovery and development of the national economy.

08/07/2024 Logistics Industry Insights
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Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

This article delves into the operations of bills of lading, highlighting the differences between original and electronic releases, and the relationships among freight forwarders, shippers, shipping companies, and destination port agents. It particularly focuses on the distinctions between direct bills and freight forwarder bills, aiding readers in clarifying the key stages in the bill of lading process, thereby enhancing efficiency and accuracy in shipping.

07/16/2025 Logistics Encyclopedia
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Rio’s Galeão Airport Boosts Brazil’s Aviation and Cargo Hub Status

Rio’s Galeão Airport Boosts Brazil’s Aviation and Cargo Hub Status

Galeão International Airport (IATA: GIG, ICAO: SBGL) in Rio de Janeiro, Brazil, is a significant aviation hub. It not only offers diverse passenger services but also has efficient freight capabilities. As an essential node in international trade, understanding transport terminology such as bills of lading and shipping costs is crucial for practitioners. Mastering this knowledge will enhance work efficiency and communication accuracy in the freight forwarding industry.

07/29/2025 Logistics
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Paraguays Guarani Weakens Against US Dollar Amid Market Trends

Paraguays Guarani Weakens Against US Dollar Amid Market Trends

The article analyzes the latest exchange rate dynamics of the Paraguayan Guarani (PYG) against the US dollar, noting that 500 PYG is approximately equivalent to 0.0667 USD. It discusses the exchange rate trends over the past 30 and 90 days, emphasizing the importance of understanding exchange rate fluctuations for multinational operations and personal finance.

08/11/2025 Exchange Rate Query
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ICC Principles Promote Green Economy in Global Trade

ICC Principles Promote Green Economy in Global Trade

The International Chamber of Commerce's principles for sustainable trade and trade finance provide a framework for assessing the sustainability of trade, focusing on environmental and socioeconomic development. The principles aim to direct funding toward sustainable trade by clearly defining standards, reducing the risk of greenwashing, and supporting a balance between economic growth and environmental protection.

08/05/2025 Logistics Industry Insights
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Singapore Dollar Strengthens Against US Dollar Amid Market Shifts

Singapore Dollar Strengthens Against US Dollar Amid Market Shifts

This report presents the current exchange rate between the Singapore dollar and the US dollar, showing that 100 SGD can be exchanged for approximately 77.83 USD. It analyzes recent fluctuations in the exchange rate and their potential impact on the Singaporean economy. The importance of market changes for personal finance and international investments is emphasized.

08/26/2025 Exchange Rate Query
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Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

Four Departments Jointly Issue Notice to Accelerate Implementation of Old Freight Truck Scrapping and Replacement Policy

The Ministry of Transport, Ministry of Public Security, Ministry of Finance, and Ministry of Commerce jointly issued a notice to support the scrapping and updating of old operating trucks. The new policy divides the funding burden by regions: East, Central, and West, aiming to promote green development and high-quality transformation in the transportation sector.

08/29/2024 Logistics
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