Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

Understanding Fixed Expenses in Shipping A Comprehensive Analysis of Its Composition and Importance

This article provides a detailed analysis of the components of fixed costs for vessels, including crew wages, employee benefits, lubricants, materials, depreciation, repair costs, insurance, taxes, and expenses incurred during non-operational periods. It also explores the specifics of shared costs and other fixed expenses, emphasizing the importance of effective management and allocation of these costs in enhancing the economic efficiency of the shipping industry.

07/22/2025 Logistics Encyclopedia
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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WCO Program Boosts Colombian Customs Trade Efficiency

WCO Program Boosts Colombian Customs Trade Efficiency

The WCO conducted a leadership workshop for DIAN, Colombia, aimed at enhancing the leadership and management skills of customs officials. The workshop focused on fostering teamwork and promoting employee development. The training equipped participants with the necessary tools and knowledge to effectively lead teams, manage resources, and drive organizational success within the customs environment. Ultimately, the initiative contributes to improved customs administration and efficiency in Colombia.

02/03/2026 Customs Knowledge
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WCO Releases Guidebook for Futureready Customs Organizations

WCO Releases Guidebook for Futureready Customs Organizations

This guide, published by the World Customs Organization (WCO), compiles global customs best practices in work organization, workplace design, and talent management. It aims to assist member administrations in addressing challenges like pandemics and building more resilient, efficient, and attractive future customs organizations. The content covers flexible working models, process optimization and automation, open-plan office spaces, talent development and training, and employee care and well-being.

02/06/2026 Customs Knowledge
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Boston Dynamics Stretch Robot Automates Retail Logistics

Boston Dynamics Stretch Robot Automates Retail Logistics

Stretch® robot is Boston Dynamics' automated case handling solution designed for retail logistics. It significantly improves container and truck loading/unloading efficiency through intelligent unloading, high-speed and efficient handling, safe and reliable operation, and flexible deployment and integration. This reduces labor costs, improves employee working conditions, and helps retailers transform and upgrade their logistics operations, gaining an advantage in a competitive market.

01/29/2026 Logistics Industry Insights
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Cape Verdes Trade Facilitation Model Gains Global Praise

Cape Verdes Trade Facilitation Model Gains Global Praise

Cabo Verde, with the support of the World Customs Organization (WCO), has significantly improved its trade facilitation by effectively implementing the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) measures through effective stakeholder engagement. A Time Release Study (TRS) played a crucial role. The innovative practices of Cabo Verde Customs in stakeholder engagement are worthy of emulation. The country's success highlights the importance of collaboration and strategic implementation for achieving trade efficiency and economic growth.

02/02/2026 Customs Knowledge
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Facebook Dominates Crossborder Ecommerce Marketing

Facebook Dominates Crossborder Ecommerce Marketing

Facebook, with its massive user base and precise ad targeting capabilities, is a top social media marketing platform for cross-border e-commerce. This article analyzes Facebook's user advantages and platform characteristics, emphasizing the importance of content creation. Facing the challenge of declining engagement rates, cross-border sellers need to constantly innovate to succeed on Facebook. Continuous adaptation and creative content are key to overcoming engagement hurdles and achieving marketing goals within the platform's dynamic environment.

01/27/2026 Logistics Industry Insights
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Brands Succeed in Crossborder Twitter Marketing

Brands Succeed in Crossborder Twitter Marketing

This article provides an in-depth analysis of how cross-border brands can effectively leverage Twitter for marketing. It covers building a brand image, targeting the right audience, creating high-quality content, implementing efficient engagement strategies, using data-driven optimization, and mitigating potential risks. The aim is to help brands establish a strong brand community on the Twitter platform and enhance their global influence. This includes strategies for increasing brand awareness and driving engagement with international customers.

01/27/2026 Logistics Encyclopedia
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Tiktok Shop Expands in Southeast Asias Baby and Mother Market

Tiktok Shop Expands in Southeast Asias Baby and Mother Market

The Southeast Asian maternity and baby market holds significant potential, but differences in economy, internet access, and consumption habits must be considered. Focusing on niche markets and localized operations are crucial for success. Understanding local preferences and adapting marketing strategies accordingly will be key to capturing market share in this diverse region. Building trust with consumers through authentic engagement and reliable product sourcing is also essential. Leveraging platforms like TikTok Shop can provide valuable reach and engagement opportunities.

01/30/2026 Logistics Industry Insights
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Strengthening International Air Freight Security Management: Effective Measures Are Urgently Needed

Strengthening International Air Freight Security Management: Effective Measures Are Urgently Needed

To enhance safety management in the field of international air transport, the cargo industry has signed a Commitment Letter for International Air Transport Security. This document emphasizes the primary responsibility of enterprises in safety production, clarifies the roles of leaders and departments, and highlights the importance of strengthening employee qualifications and safety education. The goal is to implement various measures to ensure the safe and smooth transportation of goods.

07/21/2025 Logistics
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