Global Container Shipping Rates Drop Amid Trade War Concerns

Global Container Shipping Rates Drop Amid Trade War Concerns

The Drewry World Container Index has fallen sharply, reaching a new low since the Red Sea crisis, with the Asia-US route being the most affected. A combination of factors, including overcapacity, tariff policies, and geopolitical risks, is challenging the maritime market. Drewry predicts that freight rates may continue to decline, requiring shipping companies to respond proactively. The significant drop highlights the ongoing volatility and uncertainty in the global shipping industry, impacted by both supply-side pressures and external geopolitical events.

11/03/2025 Logistics
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Cambodia Asia Bank SWIFT Code Simplifies Global Transfers

Cambodia Asia Bank SWIFT Code Simplifies Global Transfers

This article provides a detailed analysis of the SWIFT/BIC code CABCKHPPXXX for Cambodia Asia Bank (CAB) and explains its applicable scenarios. It reminds readers that different branches may use different SWIFT codes and recommends confirming with the recipient or bank. The article also supplements other information required for international remittances, aiming to help readers smoothly complete cross-border transfers to CAB bank. It emphasizes the importance of verifying the correct SWIFT code for the specific branch to ensure successful transactions.

09/03/2025 International Settlement
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Maersk Adjusts Asia Import Surcharge for Thai Ports

Maersk Adjusts Asia Import Surcharge for Thai Ports

Maersk announced an adjustment to the Equipment Positioning Origin Import (POI) surcharge for intra-Asia imports to Sahathai and TCT terminals, effective May 14, 2021. This surcharge applies to containers exceeding road transport weight limits and opting for barge transportation. Maersk advises customers to accurately calculate cargo weight, plan transportation strategies effectively, and communicate in advance to optimize transportation costs. This adjustment aims to manage equipment repositioning costs associated with heavier cargo requiring barge services within the region.

09/28/2025 Logistics
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Drone Delivery Expands Lastmile Logistics in Southeast Asia

Drone Delivery Expands Lastmile Logistics in Southeast Asia

Southeast Asian island logistics has long been constrained by geographical dispersion and weak infrastructure. Drone delivery, through technological breakthroughs and multi-party collaboration, is restructuring transportation routes and operational models, systematically addressing time-sensitive pain points. Businesses can leverage price comparison platforms to optimize costs and select customized solutions. This innovative approach promises to overcome traditional logistical challenges and improve efficiency for international small parcels in the region.

11/03/2025 Logistics Industry Insights
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New Qingdaoho Chi Minh Road Freight Route Launched

New Qingdaoho Chi Minh Road Freight Route Launched

Driven by the growing trade between China and Southeast Asia, the demand for road freight from Qingdao to Ho Chi Minh City is surging. Companies like Shanghai Audunweis offer door-to-door services, but cross-border transportation faces challenges such as customs clearance and road conditions. In the future, cross-border logistics needs to improve services and optimize processes. Governments need to strengthen infrastructure construction to jointly promote regional economic development. This will facilitate smoother and more efficient trade flows between China and Vietnam.

08/21/2025 Logistics
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Macau Airport Expands As Key Hub for Pearl River Delta

Macau Airport Expands As Key Hub for Pearl River Delta

Macau International Airport (MFM) is a crucial hub connecting the Pearl River Delta to the world. Built on reclaimed land, it leverages its strategic location to become a significant air cargo and express delivery center in the Asia-Pacific region. With efficient operations, excellent service, and continuous development potential, the airport is striving to become a world-class aviation hub, injecting strong momentum into the economic development of Macau and its surrounding areas. It serves as a vital gateway for both passenger and freight traffic.

09/26/2025 Airport Codes
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Streamlining Global Trade with Efficient Freight Forwarders

Streamlining Global Trade with Efficient Freight Forwarders

WeiYun.com offers a convenient platform for searching freight forwarding suppliers. By filtering information such as the port of origin and destination, users can quickly connect with quality resources. Selecting a freight forwarder requires comprehensive consideration of factors like qualifications, service, price, and reputation. Be wary of low-price enticements and false promises to ensure the smooth execution of international trade. Prioritize due diligence and thorough research to mitigate risks and secure reliable logistics partners.

08/21/2025 Logistics Encyclopedia
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DAT Acquires Convoy to Automate Freight Transactions

DAT Acquires Convoy to Automate Freight Transactions

DAT Freight & Analytics has acquired Flexport's Convoy digital freight network platform, aiming to enhance automation and efficiency in freight transactions through advanced technology. This acquisition will provide freight brokers with a more efficient operational model and a broader freight matching network, ultimately driving the development of the entire industry.

08/07/2025 Logistics
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