Korea Lines Hanjin Shipping Bid Faces Uncertain Future

Korea Lines Hanjin Shipping Bid Faces Uncertain Future

Korea Line Corporation's (KLC) plan to acquire Hanjin Shipping's Asia-America routes faces obstacles as the SM Group's board of directors rejected the proposal. The reasons cited were KLC's lack of container shipping experience and the risk of industry downturn. Despite internal clauses regarding independent legal entity acquisitions within the group, the future of the acquisition remains uncertain. Failure to acquire the routes could significantly impact the market landscape.

02/11/2026 Logistics
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Bangladesh Logistics Costs Drop with MSC Inland Waterway Plan

Bangladesh Logistics Costs Drop with MSC Inland Waterway Plan

MEDLOG, a subsidiary of MSC, has taken over operations at the Pangaon Inland Container Terminal (PICT) in Dhaka, Bangladesh, and significantly reduced inland barge freight rates. This marks a major transformation for Bangladesh's logistics sector. The initiative aims to alleviate pressure on road freight, reduce carbon emissions, and improve overall supply chain efficiency by developing inland waterway transportation. This will contribute to building an efficient and sustainable logistics system in Bangladesh.

02/11/2026 Logistics
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Hapaglloyd Enforces Stricter Indonesia Cargo Rules Warns of HS Code Fines

Hapaglloyd Enforces Stricter Indonesia Cargo Rules Warns of HS Code Fines

Hapag-Lloyd tightens Indonesia freight regulations, mandating accurate 6-digit HS codes on all bookings and shipping instructions. Mismatched codes will incur a IDR 400,000 amendment fee per document. Dangerous goods misdeclaration penalties can reach $15,000 per container. Verify HS codes meticulously, enhance internal training, and stay updated to avoid unnecessary costs and delays. This new regulation emphasizes the importance of accurate documentation and compliance for shipments to Indonesia.

02/11/2026 Logistics
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US Rail Freight Gains in Carloads Loses in Intermodal

US Rail Freight Gains in Carloads Loses in Intermodal

For the week ending August 27th, U.S. rail carload traffic increased by 3.4% year-over-year, with coal, grain, and automotive sectors leading the growth. Intermodal container and trailer traffic saw a slight decrease of 0.3% compared to the same period last year. Businesses should closely monitor market trends, optimize supply chain management, diversify transportation modes, embrace technological innovation, and strengthen risk management to seize opportunities and address challenges.

02/11/2026 Logistics
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Guide to Barium Chloride LCL Exports Via Keelung

Guide to Barium Chloride LCL Exports Via Keelung

This document details the operational procedures and precautions for LCL ocean export of Barium Chloride to Keelung. It covers key aspects such as booking preparation, warehousing operations, customs declaration documents, container loading & ocean freight, and Bill of Lading requirements. This aims to provide a practical guide for relevant practitioners, ensuring the safe and timely arrival of goods. The guide emphasizes adherence to regulations and best practices for a smooth and compliant export process.

08/08/2024 Logistics Encyclopedia
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Global Sea Freight Challenges for Chlorine UN1017 Exports

Global Sea Freight Challenges for Chlorine UN1017 Exports

This article details the operational process of exporting chlorine (UN1017) via sea freight in full container loads. It covers key aspects such as selecting a shipping company, booking space, dangerous goods declaration cutoff, customs declaration and inspection. The aim is to help companies safely, compliantly, and efficiently complete the sea freight export of dangerous chemicals, avoiding unnecessary risks and losses. It provides a comprehensive guide to navigating the complexities of chlorine export by sea.

04/28/2024 Logistics Encyclopedia
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Shipping Professionals Guide to Equipment Interchange Receipts

Shipping Professionals Guide to Equipment Interchange Receipts

This article addresses common issues encountered by shipping professionals when using Equipment Interchange Receipts (EIRs), such as verifying voyage information, calculating fees and validity periods, handling loss, querying container pick-up locations, and dealing with damaged or expired documents. It provides detailed answers and guidance to help readers better understand and utilize EIRs, improve work efficiency, and ensure smooth cargo transportation. The aim is to clarify the practical application of EIRs in daily shipping operations.

08/21/2025 Document Interpretation
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Guide to Ammonium Persulphate Sea Freight Export Compliance

Guide to Ammonium Persulphate Sea Freight Export Compliance

This article provides a detailed interpretation of the operational requirements for sea freight export of Class 5.1 dangerous goods, specifically Ammonium Persulfate. It covers key aspects such as pre-export preparation, selection of packing methods, dangerous goods declaration, customs clearance and port entry, and customs inspection. The importance of choosing a professional freight forwarder, preparing complete documentation, and actively cooperating with customs is emphasized to help you safely and efficiently complete full container exports.

04/12/2024 Logistics Encyclopedia
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Guide to LCL Shipping for Exports to India

Guide to LCL Shipping for Exports to India

This article details the operational procedures and precautions for Less than Container Load (LCL) sea freight export of Triglycidyl Isocyanurate (TGIC) to Nhava Sheva, India. It covers key aspects such as cargo information, booking documents, warehousing operations, bill of lading (B/L) confirmation, customs declaration documents, and B/L type selection. The aim is to provide professional guidance for relevant enterprises involved in the export of TGIC as dangerous goods via LCL sea freight.

10/18/2024 Logistics Encyclopedia
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Guide to NVOCC Operations and Freight Forwarding Essentials

Guide to NVOCC Operations and Freight Forwarding Essentials

This article delves into the critical aspects of freight forwarding operations, including the selection of Non-Vessel Operating Common Carriers (NVOCCs), vessel schedule inquiries, import document processing, bill of lading payment and exchange procedures, invoice amount modifications, and the universality of the 45GP container code. It aims to help freight forwarders and foreign trade enterprises improve efficiency and reduce risks by providing a comprehensive overview of key processes and best practices in the industry.

08/23/2025 Logistics Encyclopedia
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