COSCO OOCL Expand MWAX Service to Conakry Port

COSCO OOCL Expand MWAX Service to Conakry Port

COSCO SHIPPING and OOCL jointly upgraded the MWAX service, incorporating the Port of Conakry in Guinea into the network. This enhancement will improve the transportation capacity of bulk commodities, strengthen their position in the African market, and facilitate the development of China-Africa trade. Both parties will continue to optimize the service to address challenges and provide high-quality shipping services. The upgraded MWAX service aims to better serve the growing trade demands between China and West Africa.

01/08/2026 Logistics
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ATA Forecasts 14M Tons in Trucking Growth by 2035

ATA Forecasts 14M Tons in Trucking Growth by 2035

The American Trucking Associations (ATA) forecasts that the trucking industry will maintain its leading position despite ongoing challenges. Freight volume is projected to reach nearly 14 million tons by 2035, dominating the freight market. The report highlights the critical role of trucking in the supply chain and provides valuable insights for industry leaders and policymakers. This forecast underscores the continued importance of trucking for the US economy and its vital contribution to the overall movement of goods.

01/07/2026 Logistics Industry Insights
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Vaccine Mandates Worsen Trucking Industry Driver Shortage

Vaccine Mandates Worsen Trucking Industry Driver Shortage

The US trucking industry strongly opposes the Biden administration's vaccine mandate, fearing it could lead to the departure of up to a third of drivers, exacerbating the existing labor shortage and damaging supply chains. Industry associations advocate for exemptions and are pursuing legal challenges against the policy. The government faces the challenge of balancing public health concerns with economic stability and needs to explore more flexible solutions to mitigate the potential negative impacts on the vital trucking sector.

01/19/2026 Logistics
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South Koreas Aviation Sector Soars Amid Rapid Growth

South Koreas Aviation Sector Soars Amid Rapid Growth

The Korean aviation market is experiencing strong growth, driven by the recovery of domestic routes and routes to Japan and Southeast Asia. Korean Air Group dominates the market, while competition from low-cost carriers (LCCs) is fueling further development. However, the recovery of routes to China is progressing at a slower pace. The overall positive trend indicates a promising outlook for the Korean aviation industry, despite the challenges posed by the slower recovery of the Chinese market.

01/15/2026 Logistics Industry Insights
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Guide to Banco De Occidentes SWIFT Code for International Transfers

Guide to Banco De Occidentes SWIFT Code for International Transfers

This article provides a detailed analysis of Banco de Occidente Colombia's SWIFT/BIC code (OCCICOBCCL1). It explains the importance of SWIFT codes in international money transfers and offers practical tips to avoid SWIFT code errors. The aim is to help users conduct cross-border transfers safely and efficiently, ensuring accurate and timely remittance processing through a clear understanding of SWIFT code usage.

09/04/2025 International Settlement
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Bonded Warehouses Offer Key Trade Advantages Guide Shows

Bonded Warehouses Offer Key Trade Advantages Guide Shows

This article provides a detailed introduction to the concept and types of bonded warehouses (public, private, and special-purpose), as well as the scope of goods that can be stored. As a crucial component of international trade, bonded warehouses offer businesses convenient and efficient solutions for cargo storage and management. This helps optimize supply chains, reduce operational costs, and enhance international competitiveness.

09/26/2025 Warehousing
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Flexport Buys Convoy Tech to Boost Global Logistics

Flexport Buys Convoy Tech to Boost Global Logistics

Flexport's sale of the Convoy platform, coupled with the acquisition of its technology, signals its ambition to create a one-stop global logistics service. By focusing on core business, strengthening trucking capabilities, and reducing operational costs, Flexport aims to meet customers' comprehensive logistics needs. This strategic move is intended to further realize Flexport's vision of providing end-to-end global logistics solutions.

11/03/2025 Logistics Industry Insights
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Cargo Storage and Loading Operations Guide for Consolidated Shipments

Cargo Storage and Loading Operations Guide for Consolidated Shipments

This article outlines a series of operational procedures that should be followed during the storage and loading process of LCL (Less than Container Load) cargo. It includes guidelines for handling damaged packaging, requirements for stacking goods, and considerations for ensuring transportation safety. Through refined management and standardized operations, the safety of LCL cargo transportation can be effectively guaranteed, reducing losses and risks.

07/15/2025 Logistics Encyclopedia
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Customs Exemption Nature Code Explained

Customs Exemption Nature Code Explained

The customs duty exemption nature codes are important tools for classifying import and export goods. This article provides a detailed overview of the classification of exemption categories, including statutory taxation, tax reductions, and specific tax exemptions, along with detailed definitions and applicability related to various types of import and export goods. This information is crucial for understanding tax management in international trade.

07/21/2025 Customs Knowledge
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Understanding Load Factor and Its Importance in Logistics

Understanding Load Factor and Its Importance in Logistics

The load factor is a key indicator for evaluating transportation efficiency in logistics, representing the volume occupied by each ton of cargo. It impacts transportation costs and space utilization efficiency, requiring consideration of profit and loss cabin capacity. Load factor tables are often provided to practitioners, especially when handling different types of cargo, to assist in rationally planning transportation schemes.

07/18/2025 Logistics Encyclopedia
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