Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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China Cuba Launch First Direct Freight Route to Expand Trade

China Cuba Launch First Direct Freight Route to Expand Trade

On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.

07/02/2025 Logistics
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Glps South China Hub Boosts Crossborder Ecommerce with Smart Logistics

Glps South China Hub Boosts Crossborder Ecommerce with Smart Logistics

GLP's flagship project in South China, such as the Qingyuan Fashion Technology Innovation Valley, delves deeply into the South China market and accurately identifies cross-border e-commerce needs. It provides customized and intelligent logistics solutions to help companies reduce costs and increase efficiency. The project not only improves operational efficiency and sustainability but also promotes regional industrial upgrading, offering valuable insights for the warehousing and logistics industry. By focusing on tailored solutions and smart technology, GLP is driving innovation and efficiency in the region's supply chain.

12/16/2024 Logistics Industry Insights
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China Adjusts Export Tax Rebates for HS Code 96 Products

China Adjusts Export Tax Rebates for HS Code 96 Products

This article conducts an in-depth analysis of products under the 96 series HS codes, revealing their application in export tax rebate policies. It aims to assist enterprises in understanding relevant regulations and enhancing market competitiveness. By organizing different HS codes and their corresponding tax rebate rates, the article helps companies address challenges in international trade and improve their economic returns.

08/05/2025 HS Code Query
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