Global Shipping Costs Stay High Amid Capacity Shortages

Global Shipping Costs Stay High Amid Capacity Shortages

Logistics experts warn that ocean freight rates are unlikely to fall in the short term, with capacity shortages being the main driver. Surging demand coupled with insufficient shipping capacity pose significant challenges. Businesses should optimize their supply chains and explore alternative solutions to mitigate the impact of high freight costs and limited availability. The current situation requires proactive strategies to navigate the ongoing disruptions in the global shipping market and maintain operational efficiency.

Under Armour Revamps Supply Chain to Drive Growth

Under Armour Revamps Supply Chain to Drive Growth

Under Armour is streamlining its supply chain through a multi-year distribution and logistics program aimed at improving cost-effectiveness, responsiveness, and service levels. Facing revenue declines and rising ocean freight costs, Under Armour is proactively taking steps, including streamlining SKUs, improving end-to-end planning capabilities, and enhancing supply chain visibility. These initiatives are designed to optimize operations, reduce costs, and ultimately enhance the brand's competitiveness in a challenging market environment.

Ecommerce Firms Urged to Select Proper Bills of Lading

Ecommerce Firms Urged to Select Proper Bills of Lading

Cross-border e-commerce sellers should be aware of the risks associated with choosing between ocean bills of lading and forwarder bills of lading. Ocean bills of lading, issued by shipping companies, offer a simpler cargo retrieval process and stronger proof of ownership, suitable for full container load (FCL) shipments. Forwarder bills of lading, issued by freight forwarders, are appropriate for less than container load (LCL) shipments and specific trade terms but carry the risk of destination port agent issues. Selecting the wrong bill of lading can lead to cargo detention and financial loss. Consulting with professional logistics advisors is recommended.

Broke Groups Hong Kong IPO Signals Toy Market Shift

Broke Groups Hong Kong IPO Signals Toy Market Shift

Blue Koala Group successfully listed in Hong Kong, raising over RMB 1.4 billion with a market capitalization exceeding HKD 20 billion. The company focuses on building block figure toys, achieving rapid growth through diversified IP licensing and differentiated pricing strategies. This listing marks a significant step for the Chinese building block figure toy industry towards the international stage.

Automakers Adopt Integrated Container Solution for Global Logistics

Automakers Adopt Integrated Container Solution for Global Logistics

The container vehicle transportation solution offers comprehensive services from vehicle loading/unloading and ocean freight to container dispatch. Through comprehensive transportation planning, collaborative management, and visualized tracking, it ensures the safe and efficient delivery of vehicles worldwide, helping businesses succeed in the global market. This includes optimized routing, real-time monitoring, and proactive problem-solving to minimize delays and maximize efficiency. We provide a seamless and reliable end-to-end solution for all your vehicle transportation needs.

Maersk Expands Shipping Services to Boost Sierra Leone Trade

Maersk Expands Shipping Services to Boost Sierra Leone Trade

Since 1996, Maersk has been connecting Sierra Leone businesses to the world, providing import and export services for machinery, refrigerated goods, and general cargo. Our dedicated team in Freetown offers optimized solutions with weekly feeder services connecting to our global shipping network. Our new online booking system enhances customer experience with instant confirmation, space visibility, and value-added services. Choose Maersk for reliable and efficient ocean freight services and unlock the potential of the Sierra Leone market.

09/28/2025 Logistics
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Maersk Expands Logistics in Botswana to Boost Trade

Maersk Expands Logistics in Botswana to Boost Trade

Maersk offers end-to-end integrated logistics solutions for customers in Botswana, covering sea freight, land transportation, warehousing, and customs clearance. Leveraging its strong ocean capabilities and comprehensive inland transportation network, Maersk helps businesses overcome inland transportation challenges, efficiently expand into the African market, and achieve business growth. The integrated approach streamlines the supply chain, providing greater control and visibility for businesses operating in Botswana and seeking to capitalize on opportunities within the broader African continent.

09/28/2025 Logistics
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Europeguangzhou Shipping Costs and Transit Times Analyzed

Europeguangzhou Shipping Costs and Transit Times Analyzed

This article provides an in-depth analysis of container shipping prices from Europe to Guangzhou, covering factors such as market supply and demand, route distance, vessel capacity, fuel prices, and other associated costs. It addresses frequently asked questions regarding price ranges and transit times, aiming to offer foreign trade companies a comprehensive reference for ocean freight decisions. The analysis helps businesses understand the complexities of Eurasian container shipping and make informed choices regarding their logistics strategies.

01/26/2026 Logistics
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Key Tips for Selecting a US Freight Forwarder in Global Trade

Key Tips for Selecting a US Freight Forwarder in Global Trade

Choosing the right US ocean freight forwarder is crucial in global trade. This article delves into the roles and responsibilities, service types of freight forwarders, and provides key considerations for selecting one. The aim is to help businesses efficiently choose partners, optimize logistics efficiency, and reduce operating costs, thereby successfully expanding into the international market. Selecting a reliable forwarder ensures smooth transit and customs clearance, ultimately contributing to a more competitive and profitable international business operation.