The 36th Annual Logistics Report reveals that in an uncertain market environment, the logistics industry is responding to rising costs and trade challenges through digital transformation and operational model innovation, exploring new pathways for sustainable development.
The 36th Annual Logistics Report reveals the challenges and opportunities faced by the logistics industry amid economic and geopolitical uncertainties, emphasizing the importance of technological innovation, adaptability, and environmental sustainability.
The 36th issue of the Logistics Yearbook analyzes the current challenges in the global logistics market. It highlights that despite rising costs and geopolitical uncertainties, industry companies have enhanced their resilience through technological innovation and intelligent management, which have become crucial for achieving robustness.
In 2025, the logistics industry will face multiple challenges, including rising tariffs, labor disputes, and increasing transportation costs. Supply chain managers need to prepare in advance and respond flexibly to ensure operational efficiency.
BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.
Pre-pull transportation is a method of retrieving FCL goods from the port in advance and storing them in the carrier's warehouse, aimed at avoiding demurrage fees and increasing delivery flexibility. With this service, customers can ensure the safety of their goods while reasonably arranging delivery times, thereby reducing transportation costs.
The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.
The Emergency Bunker Surcharge (EBS) is a fee established by shipping companies to address the surge in fuel prices, aiming to protect their profits. This fee varies based on each carrier and route. Flexport clearly outlines this fee in its freight charges to assist customers in managing their transportation costs.
Regional transportation rates calculate freight costs based on the number of geographical areas goods pass through, impacting logistics expenses and decision-making for businesses. Understanding this concept helps optimize transportation strategies and enhance operational efficiency.
By utilizing the SWIFT code of the NATIONAL BANK OF MOLDOVA for international remittances, users can enhance the efficiency of their fund flow. However, they should be aware of the impact of recently introduced transaction fees on the overall cost.
