US Shipping Rates Drop As Supply Outpaces Weak Demand

US Shipping Rates Drop As Supply Outpaces Weak Demand

Freight rates on US routes continue to decline, with the SCFI index falling for three consecutive weeks. The oversupply situation has made companies cautious about shipping, leading to concerns among industry insiders about future rate drops. Despite pressures from the global trade landscape, the market still hopes for a rebound in rates with the arrival of the traditional peak season.

08/04/2025 Logistics
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European Firms Lead Surge in Refrigerated Shipping Demand

European Firms Lead Surge in Refrigerated Shipping Demand

As global demand for refrigerated goods rises, European shipping companies are excelling in the refrigerated capacity sector. MSC currently leads globally in refrigerated container space, showing a positive growth trend compared to other major companies like CMA CGM. Although Asian enterprises started later, they are also rapidly catching up in this field.

Global Air Cargo Demand Rises Despite Economic Challenges

Global Air Cargo Demand Rises Despite Economic Challenges

In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.

Global Demand Grows for Prayer Beads in Australia

Global Demand Grows for Prayer Beads in Australia

This article provides a detailed guide on the process of sending Buddha beads to Australia, including selecting courier companies, packaging methods, filling in shipping information, payment of fees, and important precautions. It also explores the cultural significance of Buddha beads, aiming to assist readers in overcoming obstacles and successfully conveying their sentiments.

Norfolk International Airport Expands Amid Rising Travel Demand

Norfolk International Airport Expands Amid Rising Travel Demand

Norfolk International Airport is a key air transport hub in Virginia, with an IATA code of ORF and an ICAO code of KORF. The airport is dedicated to enhancing service quality by investing in infrastructure and optimizing flight options to meet the growing demand of travelers, while actively promoting regional economic development.