Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

The outlook for the project transport market in 2025 is optimistic, with strong demand for project cargo leading to rising freight rates amidst tight supply. Project transport charter rates are expected to increase by 10-20%, while general cargo rates may rise by 1-7%. The global trade environment continues to be influenced by geopolitical factors and the U.S. election, therefore, it is essential to keep an eye on industry dynamics.

Key Role of Bill of Lading in Cargo Transport Explained

Key Role of Bill of Lading in Cargo Transport Explained

This article explores the importance and functions of the bill of lading as a core contract for goods transportation. The bill of lading serves not only as a transportation contract but also as a receipt and proof of ownership, fulfilling multiple legal roles. Understanding the various types of bills of lading and their applicable situations can enhance logistics efficiency and protect rights.

Global Trade Trends in Precious Metals Under HS Code 71

Global Trade Trends in Precious Metals Under HS Code 71

This article analyzes the various classifications of precious metals and related materials covered by HS Code 71, including unrefined metals, semi-finished products, precious metal ashes, and waste. By incorporating information on export tax rebate rates, the aim is to help readers better understand the importance and operational details of precious metals trade.

Gunsan Port Emerges As Key Logistics Hub in South Korea

Gunsan Port Emerges As Key Logistics Hub in South Korea

Gunsan Port is a vital logistics hub on South Korea's west coast, accounting for 25% of the annual throughput in the region. The port has natural harbor conditions and serves multiple shipping routes. It has implemented an electronic customs clearance system to drive the transformation of global supply chains and enhance the regional economic status.

Sea and Air Freight Offer Key Benefits in Global Logistics

Sea and Air Freight Offer Key Benefits in Global Logistics

This article explores the combined application of maritime and air freight in international express delivery, analyzing the advantages of both in terms of cost and efficiency, as well as their suitable scenarios. It proposes strategies for a reasonable combination that can enhance supply chain flexibility and cost efficiency, helping businesses optimize their logistics choices.

Hub and Regional Airports Boost Efficiency in Global Air Cargo

Hub and Regional Airports Boost Efficiency in Global Air Cargo

This article explores the collaborative logic between international air transport hubs and regional airports, emphasizing the hub airport's capabilities in global logistics aggregation and processing. It also discusses how regional airports enhance regional logistics efficiency through customized services and multimodal transport. The article offers professional logistics consulting advice to support efficient operations.