HMM Sale 68B Deal to Transform Global Shipping Industry

HMM Sale 68B Deal to Transform Global Shipping Industry

HMM, the world's eighth-largest liner company, is up for sale again with an estimated value of $6.8 billion, drawing global attention to the shipping industry. The South Korean government's push to exit state-owned assets is the primary driver. HMM's substantial capacity, diversified business portfolio, and core competitiveness have attracted interest from multiple companies. This acquisition will profoundly impact the global shipping landscape, presenting both opportunities and challenges for shippers and freight forwarders. The final outcome remains to be seen.

01/15/2026 Logistics Industry Insights
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Guide to Cutting Shipping Costs for Bubble Goods

Guide to Cutting Shipping Costs for Bubble Goods

This article provides an in-depth analysis of the volumetric weight calculation formula for international express shipping. Addressing the high freight costs associated with bulky, lightweight goods, it offers optimization solutions from multiple perspectives, including packaging compression, channel selection, and billing strategies. The aim is to help cross-border e-commerce sellers and international trade professionals effectively reduce shipping costs and increase profit margins. By understanding and implementing these strategies, businesses can significantly improve their bottom line in the competitive global market.

01/15/2026 Logistics Encyclopedia
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Trucking Executives Prepare for Prolonged Demand Slump by 2026

Trucking Executives Prepare for Prolonged Demand Slump by 2026

Trucking executives are anxiously awaiting the new year, hoping that pent-up demand in 2026 will translate into higher freight rates, driving both truckload and less-than-truckload segments back to profitability. Macroeconomic conditions, fuel prices, labor costs, and environmental regulations are all creating operational pressures for the industry. Companies are actively adjusting their strategies to meet these challenges, but whether the industry can turn the corner remains uncertain. The industry faces a complex interplay of factors that will determine its financial future.

01/15/2026 Logistics Industry Insights
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Unions React to Union Pacificnorfolk Southern Merger Proposal

Unions React to Union Pacificnorfolk Southern Merger Proposal

The proposed $85 billion merger between Union Pacific and Norfolk Southern is under scrutiny, with labor unions expressing concerns about job security and fair treatment. The Surface Transportation Board (STB) will conduct a comprehensive review, balancing the interests of all stakeholders. The merger aims to enhance efficiency and improve service, with the anticipation of collaborative success and a new chapter in rail freight. The unions' perspective on job protection and equitable conditions will be a key factor in the STB's decision.

01/15/2026 Logistics
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Global Air Cargo Classes Streamline Logistics Cut Costs

Global Air Cargo Classes Streamline Logistics Cut Costs

This article provides an in-depth analysis of international air freight cargo classes, explaining their classification standards based on transportation priority, cargo hold type, and cargo attributes. The aim is to help cargo owners optimize logistics plans, reduce costs, and ensure the safe and timely delivery of goods. By understanding the nuances of cargo classes, shippers can make informed decisions to select the most suitable option for their specific needs, ultimately improving efficiency and minimizing potential delays or damages during transit.

01/15/2026 Logistics Encyclopedia
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Global Shipping Guide for Safe Lithium Battery Transport UN3480

Global Shipping Guide for Safe Lithium Battery Transport UN3480

This article provides an in-depth analysis of the certification and declaration process for UN3480 lithium battery packs transported by sea. It details key steps such as UN38.3 testing, packaging certification, and sea freight declaration, emphasizing the importance of compliant packaging and labeling. The article also mentions the SP 188 Special Provision exemption, offering businesses a clear operational guide for sea shipments. It highlights the necessary procedures to ensure safe and compliant transportation of lithium batteries by sea, adhering to international regulations.

01/15/2026 Logistics Encyclopedia
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Yantian Port to US West Coast Shipping Times Explained

Yantian Port to US West Coast Shipping Times Explained

This paper delves into the shipping time from Yantian Port to the US West Coast. It compares the time differences between Zim's expedited service, OA Alliance's expedited service, and regular ocean freight vessels. The analysis identifies key factors influencing shipping time, aiming to assist businesses in selecting the appropriate transportation method, optimizing supply chain management, and reducing logistics costs. The comparison provides insights into the trade-offs between speed and cost for different shipping options from Yantian to the US West Coast.

01/15/2026 Logistics
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Accelerating The Construction Of A Modern Railway Logistics System To Reduce Logistics Costs Across The Society

Accelerating The Construction Of A Modern Railway Logistics System To Reduce Logistics Costs Across The Society

China's modern railway logistics system is rapidly advancing to reduce overall logistics costs and support the development of the real economy. With the 'Single Document' model of the Iron-Sea Express, companies can simplify logistics connections and increase transportation efficiency by 40%. To date, 165 railway logistics bases have been established, with 340 direct express freight routes in operation and 186 logistics bundle projects underway. Future efforts will focus on enhancing key regional infrastructures to improve competitive transport markets and promote high-quality economic growth.

07/21/2025 Logistics
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Global Shipping Guide Cargo Release and Risk Management

Global Shipping Guide Cargo Release and Risk Management

This paper delves into four common methods of cargo release in international ocean freight: Telex Release, Ocean Bill of Lading, Sea Waybill, and Destination Release. It compares and analyzes their advantages, disadvantages, applicable scenarios, and risk levels. The study emphasizes that when selecting a release method, factors such as the trust level between buyer and seller, payment status, cargo value, and time constraints must be comprehensively considered. The goal is to achieve a balance between risk control and efficiency improvement in international logistics operations.

02/05/2024 Logistics Encyclopedia
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Guide to Streamlining Nonylphenol Export Compliance

Guide to Streamlining Nonylphenol Export Compliance

This article provides a detailed analysis of the necessary documents, packaging requirements, and precautions for nonylphenol sea freight export, aiming to assist exporters in smoothly completing the customs clearance process. It covers essential documents such as MSDS, dangerous goods packaging certificate, booking form, DG Form, and customs declaration documents, as well as the robustness of packaging and the standardization of labeling. The importance of advance booking and understanding the destination country's import requirements is also emphasized, helping companies avoid risks and achieve the successful export of nonylphenol.

10/08/2024 Customs Knowledge
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