Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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Cargo Rollovers Strategies to Reduce Disruption in Shipping

Cargo Rollovers Strategies to Reduce Disruption in Shipping

Don't panic when facing freight rollover! This guide provides strategies, including understanding the reasons, proactive communication, and protecting your rights. Choosing a reputable freight forwarding company can effectively reduce the risk. Stay calm and safeguard your consolidated shipping journey. This includes understanding why rollovers happen, communicating with the carrier or forwarder to find alternative solutions, and knowing your rights in terms of compensation or alternative arrangements. Taking preventative measures, such as researching and selecting reliable freight forwarders, is also key.

08/23/2025 Logistics Encyclopedia
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MIAT Mongolian Airlines Expands Hub and Cargo Operations

MIAT Mongolian Airlines Expands Hub and Cargo Operations

This paper provides an in-depth analysis of MIAT Mongolian Airlines' operations, covering its hub airport, route network, cargo services, fleet composition, and the challenges and opportunities it faces. The study emphasizes the importance of digital transformation, safety management, and sustainable development for the future growth of MIAT. It also envisions the airline's promising future as Mongolia's national flag carrier, highlighting its role in connecting the nation to the world and contributing to its economic development through reliable air transportation and cargo services.

08/21/2025 Airlines
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Freight Shippers Rarely Receive Full Cargo Compensation Study Finds

Freight Shippers Rarely Receive Full Cargo Compensation Study Finds

Full compensation for damaged or lost goods during freight transport is not always legally justified. The law clearly defines the responsibilities, rights, and obligations of shippers, freight forwarders, and carriers. Carrier liability is typically capped, based on weight rather than the value of the goods. All parties should reasonably share risks within the legal framework to maintain the healthy development of the industry and achieve a win-win situation. This approach ensures fairness and promotes sustainable practices in freight transportation.

08/21/2025 Logistics Encyclopedia
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10point Checklist for Efficient Bill of Lading Review

10point Checklist for Efficient Bill of Lading Review

The Bill of Lading (B/L) is a crucial document in international trade, and its accuracy directly impacts customs clearance. This article delves into ten key aspects of B/L review, including verifying the number of copies, carrier identification, on-board notations, mode of transport, and consignee information. By highlighting these critical areas, this guide helps you mitigate risks and ensure the safe and efficient arrival of your goods. Focus is given to avoiding discrepancies and ensuring compliance to facilitate smooth international freight operations.

09/26/2025 Document Interpretation
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Global Ecommerce Adapts to Small Parcel Shipping Limits

Global Ecommerce Adapts to Small Parcel Shipping Limits

International small packets do not have uniform size and weight restrictions, but the common standard is: ≤2kg, sum of length, width, and height ≤90cm, and the longest side ≤60cm. Sellers need to pay attention to special circumstances and optimize packaging. While there isn't a single global rule, these guidelines are widely accepted. It's crucial for sellers to verify specific requirements of the destination country and carrier to avoid issues during shipment and ensure successful delivery. Proper packaging is also essential to protect the contents during transit.

11/03/2025 Logistics Encyclopedia
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Exploring the Nature of Contracts Between Freight Forwarders and Shippers in International Trade

Exploring the Nature of Contracts Between Freight Forwarders and Shippers in International Trade

This case study explores the complexities of the contractual nature between freight forwarders and shippers. With the development of international cargo transportation, maritime freight forwarders can act as either agents or carriers, leading to disputes regarding legal relationships. The crux lies in whether both parties negotiated freight for the entire transport; if the agent's role is not explicitly defined, they may be regarded as the carrier. The findings indicate that specific expressions of intent and the classification of cost types are crucial in determining the nature of the legal relationship.

07/28/2025 Logistics
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Ocean Bills of Lading Types Uses and Trade Risks Explained

Ocean Bills of Lading Types Uses and Trade Risks Explained

This paper provides a comprehensive analysis of the definition and attributes of the Bill of Lading (B/L), differentiating between carrier B/L and forwarder B/L. It elaborates on various B/L types, their applications, and potential risks. Furthermore, it offers risk management recommendations for foreign trade enterprises concerning B/Ls, aiming to assist them in better understanding and utilizing B/Ls to ensure the security of international trade. This includes strategies for mitigating risks associated with different types of B/Ls and ensuring compliance with international trade regulations.

09/26/2025 Document Interpretation
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FCA Incoterms Clarify Liability in Air Freight Shipments

FCA Incoterms Clarify Liability in Air Freight Shipments

This article delves into the point at which the seller's responsibility ends under FCA Incoterms in international air freight. It emphasizes that the responsibility termination point is not simply the 'airport' but precisely when the goods are 'delivered to the carrier or its agent designated by the buyer and under their control.' Through specific scenario analysis, a detailed responsibility checklist, and the identification of common misconceptions, this article helps sellers accurately grasp the boundaries of their responsibilities, avoid trade risks, and ensure the smooth execution of international air freight shipments.

11/03/2025 Logistics Encyclopedia
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Datadriven Logistics Boost Crossborder Ecommerce Efficiency

Datadriven Logistics Boost Crossborder Ecommerce Efficiency

This paper analyzes the key indicators for cross-border e-commerce logistics selection from a data analyst's perspective, including price, timeliness, service coverage, and reputation, providing practical evaluation methods. It offers customized recommendations for sellers of different sizes and warns against common logistics pitfalls. This helps cross-border e-commerce businesses choose suitable logistics partners and enhance their competitiveness. The analysis aims to provide actionable insights for optimizing logistics strategies and avoiding costly mistakes in the complex global supply chain.

11/03/2025 Logistics Industry Insights
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