This guide systematically introduces key terms and costs in the field of international freight, including trade terms, cost compositions, shipping documents, billing units, and container-related terminology. By delving into this information, it aids businesses in enhancing transportation efficiency, avoiding cost misunderstandings, and strengthening industry competitiveness.
Port Louis is the largest commercial and free port in Mauritius, located in the South Indian Ocean with significant geographical importance. The port is primarily used for bulk cargo, general goods, container shipping, and oil handling, featuring multiple berths and moorings to support diverse maritime trade.
Multiple listed companies in the port industry have reported poor performance in their semi-annual reports. Rizhao Port experienced a 15.74% year-on-year decline in revenue and a 40% reduction in net profit. Xiamen Port saw a slight revenue drop, but its net profit, after excluding non-recurring gains and losses, plunged by 13.82%. Jinzhou Port is similarly challenged by low coal prices and a sharp decrease in grain turnover. These factors have severely impacted the operations and performance of port companies, raising concerns about the industry's outlook.
This article delves into the operational specifications for oversized cargo in special containers entering Shanghai Port, focusing on the calculation methods for oversized cargo entry plan declaration. It addresses common issues such as handling LCL cargo after bill of lading cut-off, bearing drop-off costs due to force majeure, bill of lading splitting, cost differences in trucking fleets, and Canadian ACI declaration. The article proposes corresponding strategies and recommendations, aiming to provide practical guidance for freight forwarding companies. This helps ensure smoother and more efficient oversized cargo handling within the port.
Recently, freight rates in the US West shipping market have declined, prompting several shipping companies to adjust their pricing strategies. Various analyses indicate that the rate decrease is influenced by factors such as the situation in Israel and Palestine, the drop in the SCFI index, and the introduction of new shipping routes. Although the shipping market remains strong in the short term, the rate of increase in freight prices may slow down due to market fluctuations and changes in shipping demand. The industry must closely monitor market dynamics and potential risks.
Global Top E-commerce's 2021 annual report reveals a significant decline in its hundred-billion-scale export business, shrinking to only 30% of its former size. This article delves into the reasons behind the company's precipitous revenue drop, analyzes the performance of its various subsidiaries, and explores potential paths for self-rescue and transformation. Global Top E-commerce's experience serves as a warning to the broader cross-border e-commerce industry. The investigation highlights the challenges and uncertainties facing companies heavily reliant on export activities within the rapidly evolving global market.
Los Angeles port freight volume plummeted by 35% due to tariff policies, raising concerns about the global supply chain and the US economy. Experts warn that the contraction of trans-Pacific shipping capacity may lead to trade disruptions and economic recession, with retail giants facing supply shortages. The double-edged sword effect of tariff policies is becoming apparent, and the future direction of global trade faces challenges. The significant drop highlights the vulnerability of the supply chain to trade policy changes and potential negative consequences for businesses and consumers.
The Port of Los Angeles has experienced a significant drop in throughput due to tariff policies, leading to a severe business downturn for truck drivers. Both year-over-year and month-over-month throughput have declined, with an increase in canceled sailings. Retailers' restocking strategies have proven ineffective. The trade war is increasing uncertainty, potentially affecting holiday season commodity prices and supply. The article urges businesses to diversify trading partners, optimize supply chain management, and strengthen international cooperation. This situation highlights the vulnerability of the port and its related industries to global trade tensions.
This article provides an in-depth analysis of Walmart's DSV (Drop Ship Vendor) program, highlighting its advantages in streamlining operations, stabilizing profits, managing logistics costs, and gaining traffic exposure. It also addresses challenges such as the 2-day delivery requirement, system integration difficulties, and product optimization. Furthermore, it offers practical tips and strategies to help suppliers succeed, including optimizing transportation software settings, winning the Buy Box, participating in Walmart advertising, and prioritizing data analysis. The goal is to empower suppliers to seize opportunities and achieve mutual success within the Walmart DSV ecosystem.
MSC's Terminal Investment Limited will acquire an 80% stake in CK Hutchison's global port portfolio for $22.8 billion, spanning 43 terminals, making it the largest container terminal operator in the world. The acquisition raises concerns about fair market competition, particularly regarding its potential impact on the Panama ports.
