Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

The Port of Los Angeles, the busiest import gateway in the US, anticipates a 10% drop in container volumes in the second half of the year. High inventory levels due to earlier front-loading, coupled with US tariffs increasing import prices, are forcing importers to alter procurement strategies. Larger companies are better equipped to adapt, while SMEs face challenges. Ultimately, tariff costs may be passed on to consumers. Businesses need to strengthen demand forecasting, diversify supply chains, and enhance technological innovation to navigate these changes.

01/08/2026 Logistics
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Suez Canal Reopens Amid Global Supply Chain Challenges

Suez Canal Reopens Amid Global Supply Chain Challenges

The Suez Canal reopening eased some pressure, but the backlog of ships will impact global supply chains. Companies should pre-book slots, optimize transport routes, strengthen supply chain collaboration, and, in the long term, diversify, digitalize, regionalize, and green their operations to enhance resilience and address future challenges. The congestion caused by the incident highlights the fragility of global trade and the need for businesses to proactively manage potential disruptions to their supply networks. This proactive approach is crucial for mitigating risks and ensuring business continuity in an increasingly volatile global landscape.

Arcbest Adopts Spacebased Pricing As LTL Costs Rise

Arcbest Adopts Spacebased Pricing As LTL Costs Rise

ArcBest's adoption of 'space-based pricing' in the LTL industry signals a shift towards more granular operations. This move aims to address the 'dimensional overload' issue caused by e-commerce, standardize industry practices, and improve transportation efficiency. Shippers need to focus on optimizing packaging to cope with cost pressures. The LTL industry may be entering a new era of transformation. This pricing model is designed to more accurately reflect the space occupied by shipments, leading to fairer pricing and potentially incentivizing more efficient packaging practices.

Ebay Clarifies Used Item Return Policies for Buyers Sellers

Ebay Clarifies Used Item Return Policies for Buyers Sellers

This article provides a detailed interpretation of eBay's refund policies for buying used items, offering practical advice for both buyers and sellers. Buyers should understand their rights, while sellers need to master strategies for handling returns. Effective communication and the appropriate selection of return options are crucial for both parties to maintain a positive eBay transaction environment. The article aims to help navigate the complexities of eBay returns and ensure fair outcomes in secondhand transactions within the platform's rules.

Shippers Face Rising Container Repair Costs Mitigation Tips

Shippers Face Rising Container Repair Costs Mitigation Tips

This article highlights the importance of purchasing the "Container Unlimited Guarantee" service, aiming to help cargo owners avoid the risk of excessive repair costs due to container damage. It is recommended to purchase this service when booking ocean freight, and no later than 10 days before the estimated arrival date, to ensure full cargo protection and avoid additional financial losses. This guarantee mitigates risks associated with container damage during transit, offering peace of mind and financial security to shippers.

Global Ocean Freight Transit Times Key Insights

Global Ocean Freight Transit Times Key Insights

Anxious about slow international sea freight transit times? This article provides an in-depth analysis of international sea freight transit times, covering mainstream route durations, key influencing factors, and planning recommendations. It helps you accurately control your cargo transportation cycle, eliminate blind waiting, and gain a market advantage. Learn about factors affecting transit times, such as port congestion, weather conditions, and customs clearance. Plan your shipments strategically to optimize your supply chain and meet customer expectations. Understand the nuances of international sea freight and make informed decisions.

Freight Rates Soar Unprecedented Increase on Asia-europe Routes

Freight Rates Soar Unprecedented Increase on Asia-europe Routes

Recent data shows that container freight rates from Shanghai to Europe and the Mediterranean rose by 27.2% and 23.5% within a week, with increases of 170% and 203% compared to the same period last year. The box shortage and demand recovery are the main driving factors, which may impact the global trade landscape in the future.

07/23/2025 Logistics
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