Ocean Freight Rates Surge Amid Uschina Trade Strain

Ocean Freight Rates Surge Amid Uschina Trade Strain

The surge in China-US ocean freight rates stems from pandemic-induced supply-demand imbalances, leading to reduced shipping capacity, port congestion, and surging demand. This intensifies cost pressures on exporters, drives up consumer prices, and disrupts supply chains. Mitigation strategies include increasing shipping capacity, optimizing port operations, strengthening international cooperation, and promoting digital transformation to stabilize the global trade chain.

01/15/2026 Logistics
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Exploring The Port Of Marsa Al Brega In Libya A Key Hub For Oil Exports

Exploring The Port Of Marsa Al Brega In Libya A Key Hub For Oil Exports

Marsa al-Brega Port, located in northern Libya, is a significant oil harbor. It features multiple berths with varying drafts and compulsory pilotage services, making it a key hub in the international oil market. The port is equipped with advanced facilities capable of efficiently handling oil and its derivatives, and it is expected to play an increasingly important role in the energy supply chain in the future.

07/24/2025 Port Encyclopedia
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Indepth Analysis of Cost Allocation Under FOB Shipping Terms

Indepth Analysis of Cost Allocation Under FOB Shipping Terms

This article provides an in-depth analysis of the various costs that the seller must bear under FOB shipping terms, including local charges at the port of origin, shipping fees, and related surcharges, as well as local charges at the destination port. It also discusses the issue of insurance cost allocation, helping sellers clearly understand their responsibility for cost sharing to enhance collaboration efficiency.

07/24/2025 Logistics Encyclopedia
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Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group signed a strategic cooperation agreement with the Russian Far East Transport Group, focusing on the infrastructure renovation of Nakhodka Port and the establishment of a container transshipment station. This initiative will enhance the port's throughput capacity, promote economic cooperation between Dalian, Liaoning, and the Primorsky Krai, facilitate trade between the two countries, improve logistics efficiency, and expand the market in the Far East region.

11/10/2023 Logistics
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US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

In the LM podcast, the American Association of Port Authorities' President, Connor, delves into the opportunities and challenges facing US ports and the impact of the Infrastructure Investment and Jobs Act. He emphasizes the bill's role in modernizing ports, shares lessons learned during the pandemic, and analyzes issues like port congestion and container shortages. Connor's insights provide a valuable perspective on the future development of US ports.

01/19/2026 Logistics Industry Insights
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USD Strengthens to 153 Against AUD

USD Strengthens to 153 Against AUD

This article introduces the current exchange rate of the US dollar to the Australian dollar, where 1 USD is equivalent to approximately 1.53 AUD. It also discusses the significant factors influencing exchange rate fluctuations and provides relevant recommendations.

09/12/2025 Exchange Rate Query
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