Global Shipping Industry Faces Downturn As Eastwest Capacity Drops

Global Shipping Industry Faces Downturn As Eastwest Capacity Drops

The international shipping market faced significant changes in July, with substantial capacity reductions on major East-West routes, particularly impacting the Trans-Pacific lanes. Weak demand and overcapacity led to declining freight rates, prompting shipping companies to actively adjust their strategies. Increased global economic uncertainty presents challenges for the shipping market's outlook, requiring companies to adapt flexibly. The capacity cuts aim to stabilize prices amid sluggish demand, but the long-term effects remain to be seen given the volatile global economic landscape.

07/03/2025 Logistics
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WCO Trains Customs Officials to Fight Cultural Heritage Trafficking

WCO Trains Customs Officials to Fight Cultural Heritage Trafficking

The World Customs Organization (WCO) trained Customs officers from the Middle East and North Africa in Beirut to enhance their capacity to combat cultural property smuggling. The training covered key areas including identification of smuggled artifacts, international cooperation, relevant legal frameworks, and practical enforcement techniques. The aim was to equip officers with the knowledge and skills necessary to effectively identify, seize, and prevent the illicit trafficking of cultural heritage items, thereby contributing to the protection of cultural heritage in the region.

COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO SHIPPING Ports acquired a 20% stake in Red Sea Gateway Terminal (RSGT) to strengthen its strategic presence in the Red Sea region. RSGT, located in Jeddah Islamic Port, is the largest terminal in the port and boasts a significant geographical advantage. This collaboration will upgrade terminal facilities, improve operational efficiency, and help COSCO SHIPPING Ports expand into the Middle East and African markets, achieving mutual benefits and win-win results. This investment highlights COSCO's commitment to developing key trade routes.

02/11/2026 Logistics
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Programmatic Advertising Boosts Ecommerce Growth in MENA

Programmatic Advertising Boosts Ecommerce Growth in MENA

This article provides an in-depth analysis of the programmatic advertising market in the Middle East and North Africa (MENA) region, covering its current status, growth drivers, key players, and future trends. It serves as a comprehensive guide for e-commerce businesses looking to precisely target their customers, efficiently improve marketing conversion rates, and capitalize on the MENA market. The guide aims to help businesses understand the nuances of programmatic advertising in the region and optimize their campaigns for maximum ROI.

Multimodal Transport Eases Postpandemic Supply Chain Strains

Multimodal Transport Eases Postpandemic Supply Chain Strains

Industry expert Larry Gross highlighted at the RailTrends conference the conflict between surging demand and constrained capacity in multimodal transportation. He attributed this to a complex interplay of factors. Businesses should adapt their strategies, shifting from IPI to transloading, and be wary of the rise of trucking. The industry faces short-term pressure, but building supply chain resilience and reshaping growth models are crucial for the long term. A potential “west-to-east migration” of freight may emerge in the future.

Global Express Firms Compete for Market Share in Cargo Routes

Global Express Firms Compete for Market Share in Cargo Routes

This paper delves into the route advantages, cargo suitability, and market strategies of international express giants such as DHL, UPS, and FedEx, helping businesses and individuals choose the optimal logistics solution. It focuses on analyzing the unique services offered by each company in regions like Europe, North America, Southeast Asia, and the Middle East, as well as their transportation advantages for different types of goods, providing a valuable reference for cross-border trade. This analysis assists in making informed decisions for shipping needs.

Zhuzhou Firms Target Dubai with Custom Export Logistics

Zhuzhou Firms Target Dubai with Custom Export Logistics

This paper delves into various logistics solutions from Zhuzhou to Dubai, covering air freight, sea freight, land transportation, express delivery, and multimodal transport. It analyzes the advantages and disadvantages of each option, along with their suitable scenarios. The aim is to assist Zhuzhou businesses in selecting the most appropriate export route, reducing logistics costs, and improving efficiency to successfully tap into the Dubai market. It offers guidance on optimizing supply chains for businesses looking to expand their reach in the Middle East.

02/02/2026 Logistics
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Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

WCO Enhances African Customs Risk Management Against Illegal Wildlife Trade

The World Customs Organization (WCO), through the "Trade Facilitation and Customs Modernization Programme for Sustainable Development in Sub-Saharan Africa," supports Customs administrations and national environmental agencies in the East African Community (EAC) and the Southern African Development Community (SADC). The program develops risk indicators for goods and substances controlled by the Montreal Protocol and the Basel Convention. This aims to combat the illegal cross-border movement and trade of hazardous waste, thus maintaining the sustainability of the global environment.

Chinese Firm Wins Major Lighting Contracts with Snapon Bahco

Chinese Firm Wins Major Lighting Contracts with Snapon Bahco

Xiamen East-on Technology Co., Ltd. has become a core supplier for international giants like Snap-on and Proto due to its deep cultivation in the professional mobile lighting tools field. The company's revenue is steadily growing, but gross profit margin faces challenges. This IPO presents both opportunities and challenges, making its future development worth anticipating. The company specializes in providing high-quality lighting solutions and navigating the complexities of cross-border e-commerce and supply chain management to serve its global clientele.