Recent developments in China-US trade relations have led to a significant increase in shipping costs, with container freight rates from Shanghai to New York rising by 19%. A shortage of shipping capacity and the evolving trade dynamics have further exacerbated this trend, and it is expected that costs may continue to rise in the future.
U.S.-China trade negotiations will be extended by 90 days, leaving the market in ongoing uncertainty. With the EU accepting a 15% tariff, both merchants and consumers will bear the costs, potentially leading to price increases for goods, affecting consumer choices and business hiring. The tariff policy will profoundly influence the domestic market and the international trade landscape.
The SWIFT code BKCHCNBJ220 of the Bank of China plays a crucial role in international transfers. This code consists of the bank identifier, country code, and branch identifier, ensuring the safety and accuracy of funds in cross-border transactions. Understanding and using this code correctly can effectively prevent errors during remittances and ensure that funds are delivered smoothly.
The intercontinental freighter route from Ningbo, Zhejiang to the United States has recently resumed operations, promoting freight exchange between China and the U.S. and enhancing the efficiency of the international freight network. Operated by Atlas Air, the route runs three times a week, mainly carrying cross-border e-commerce and electronic products, marking the growth potential of the Ningbo freight market.
CMA CGM Group announced that starting May 20, 2025, it will implement a peak season surcharge on the China-Kenya route. The surcharge will be $150 per TEU for the central and southern regions, and $200 per TEU for the northern region. This measure is aimed at addressing rising operating costs, prompting shippers to reasonably adjust their logistics costs and transportation plans.
Keelung Port, located near central China, is rapidly developing into a significant freight and passenger service hub in Northeast Asia, thanks to its natural harbor advantages and abundant industrial resources. The port is advancing a dual-core strategy to diversify its service offerings and enhance international competitiveness, positioning itself as an important transportation nexus in the East Asian maritime region.
Fik Airport (LLFK) is a small airport located in Katzrin, Israel, offering flight services without weather reports. It operates in the GMT +3:00 time zone, and NOTAM information is accessible only to advanced users. Currently, there are no user reviews available.
George Bush Intercontinental Airport is the main international airport in Houston, offering numerous flight routes and a wealth of facilities to ensure travelers enjoy a quality travel experience. The official website and Wikipedia provide users with real-time information and historical data, making them reliable resources for planning your journey.
Jhanda Airport (OP1Y), located in Hafizabad, Pakistan, is a small airport featuring a 9,000-foot runway. Although it currently lacks user reviews and weather reports, its potential for local economic growth and aviation traffic development is significant, and it is expected to become an important hub for regional air travel in the future.
Pano Akhil Southeast Airport (OP37) is a small airport located in Pakistan, featuring a 6015-foot runway and significant regional aviation capabilities. While weather data is not yet available, registered users can access real-time aviation notices. The airport is expected to achieve further development in the future, owing to its improving infrastructure.
