cost increase News

Major Shipping Firms Raise Rates Threatening Global Trade Costs

Several shipping companies have announced freight rate increases in late June, affecting routes to Europe, the Mediterranean, Africa, and South America. Companies like MSC, Maersk, Hapag-Lloyd, and CMA CGM are adjusting FAK rates and adding PSS surcharges. Businesses should plan ahead, optimize inventory, explore alternative solutions, and negotiate with customers to mitigate the impact of rising costs. This proactive approach is crucial for navigating the challenges posed by these freight rate adjustments and minimizing disruptions to the supply chain.

06/06/2025 Logistics

Enhancing Logistics Efficiency An Analysis of Maersk and Fawnet's Automated Sorting Solutions

Maersk has partnered with Fanwang to launch an automated sorting solution, significantly enhancing the efficiency of order shipping and returns while reducing operational costs and increasing customer satisfaction. By utilizing efficient automated sorting equipment and intelligent systems, the solution optimizes workflow processes and achieves precise management, driving continuous innovation and development in the logistics industry.

07/23/2025 Logistics

Logistics Industry Navigates 34 Years of Global Challenges

The 36th Annual Logistics Status Report highlights the challenges and responses of the logistics industry amid economic and geopolitical uncertainties, emphasizing the critical role of digital transformation and green development in reducing costs and enhancing efficiency.

08/04/2025 Logistics Industry Insights

Global Shippers Optimize Costs with Volume Weight Billing

International express shipping for lightweight cargo typically charges based on the greater of the volumetric weight and actual weight. This article discusses the method of calculating volumetric weight and strategies for controlling costs, including packaging optimization, logistics channel selection, utilizing consolidation services, and supply chain optimization.

08/04/2025 Logistics Encyclopedia

Global Shipping Costs Surge Strategies to Manage Expenses

This article provides a detailed analysis of the components of international shipping costs, including the expenses associated with full container loads and less than container loads, as well as the differences between base freight and additional charges. It aims to help foreign trade personnel and cross-border e-commerce sellers optimize their transportation costs and manage logistics expenses. Choosing the right container type and pricing method is crucial for achieving transparency and rationality in transportation costs.

08/06/2025 Logistics Encyclopedia

Logistics Industry Struggles With Rising Costs Uncertainty

The 36th Annual Logistics Status Report reveals the economic and geopolitical challenges facing the global logistics market, along with strategies for businesses to adapt, such as optimizing transportation and investing in technology, highlighting the importance of adapting to market uncertainties.