China Leads Global Surge in Energy Storage Battery Production

China Leads Global Surge in Energy Storage Battery Production

The global energy storage market is experiencing rapid growth. Chinese energy storage companies, supported by favorable policies, technological innovation, and a complete industrial chain, are witnessing a surge in overseas orders, covering businesses in over 50 countries. Competition among companies is shifting from price-driven to technology-driven, with active expansion into emerging markets. The Chinese energy storage industry is playing a leading role in the global energy transition.

01/27/2026 Logistics Industry Insights
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US Freight Market Rebounds in Q2 Despite Economic Challenges

US Freight Market Rebounds in Q2 Despite Economic Challenges

The Bank of America Freight Payment Index Q2 report indicates a continued decline in the US freight market, but with a narrowed decrease and regional disparities. Experts suggest the market may be bottoming out, yet challenges remain, including consumer spending shifting to services, rising debt, and high costs. Businesses should closely monitor market dynamics, optimize costs, expand operations, embrace technology, and flexibly adjust capacity to succeed in the competitive landscape.

01/26/2026 Logistics Industry Insights
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Preferred Freezer Leads in Automated Cold Chain Logistics Innovation

Preferred Freezer Leads in Automated Cold Chain Logistics Innovation

Preferred Freezer Services (PFS)'s automated cold storage system achieves high throughput, reduced labor costs, and energy efficiency through optimized unloading processes, an automated double-deep storage system, and precise picking strategies. This system, integrating efficiency, energy conservation, and safety, represents the future direction of cold chain logistics and provides valuable insights for the industry. It streamlines operations, minimizes human intervention, and ensures optimal temperature control, ultimately contributing to a more sustainable and cost-effective cold chain.

01/27/2026 Warehousing
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Guide to Sending Money to Sparkasse Bank Bih Via SWIFT

Guide to Sending Money to Sparkasse Bank Bih Via SWIFT

This article provides a detailed overview of the SWIFT code ABSBBA22XXX for Sparkasse BIH bank in Bosnia and Herzegovina and its usage. It emphasizes the importance of accurately providing SWIFT codes, bank account numbers, and other relevant information for international money transfers. The article also offers guidance on how to find the SWIFT codes for specific bank branches. Its aim is to assist users in making secure and efficient international remittances by providing the necessary information and resources.

09/03/2025 International Settlement
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Guidelines for Choosing an International Air Freight Forwarder in Beijing

Guidelines for Choosing an International Air Freight Forwarder in Beijing

This article explores the factors to consider when choosing an air freight forwarder in Beijing, emphasizing the balance between service quality and price. It suggests that customers analyze their own needs and pay attention to customs clearance efficiency and problem-solving capabilities to find the most suitable freight forwarder. Additionally, good communication and trust are fundamental to successful collaboration.

07/21/2025 Logistics
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Guidelines for Goods Restrictions and Selection in Air Freight Logistics

Guidelines for Goods Restrictions and Selection in Air Freight Logistics

Air freight, as an emerging mode of transportation, faces limitations such as size, weight, and safety concerns. However, its speed and efficiency make it increasingly indispensable in international trade. When choosing air transportation, shippers must consider these constraints and prioritize valuable, perishable, and urgent goods to meet market demands for timely delivery.

07/21/2025 Logistics
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Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon has launched a new warehouse center, YXX1, in Canada to enhance logistics efficiency and increase delivery speed, creating a positive impact on local economic development and employment. Spanning 825,000 square feet, the center is equipped with advanced technology and is expected to attract more customers, support sustainable transportation, and contribute to community development.

06/11/2025 Warehousing
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Tuas Port Hits 10 Million Teus in Global Shipping Milestone

Tuas Port Hits 10 Million Teus in Global Shipping Milestone

Since its opening in 2022, Tuas Port in Singapore has successfully handled over 10 million twenty-foot equivalent units (TEUs), solidifying its status as a key global shipping hub. Utilizing advanced technology and efficient operations, the port is dedicated to meeting international trade demands and contributing to the global supply chain.

08/04/2025 Port Encyclopedia
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Ashdo Port Ranks in Top 10 of Global Reliability Index

Ashdo Port Ranks in Top 10 of Global Reliability Index

The Ashdod Port has made its debut in the global port reliability ranking by securing an impressive 9th place, reflecting significant improvements in scheduling and operations. This success is attributed to long-term investments in infrastructure, digitization, and human resources, which have enhanced its importance and influence within the global logistics chain.

08/04/2025 Logistics
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MSC Acquires Global Port Assets for 228B in Expansion Push

MSC Acquires Global Port Assets for 228B in Expansion Push

MSC's Terminal Investment Limited will acquire an 80% stake in CK Hutchison's global port portfolio for $22.8 billion, spanning 43 terminals, making it the largest container terminal operator in the world. The acquisition raises concerns about fair market competition, particularly regarding its potential impact on the Panama ports.

08/04/2025 Logistics
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