Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.

07/28/2025 Airlines
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Chinarussia Energy Trade Reshapes Global Economy

Chinarussia Energy Trade Reshapes Global Economy

China-Russia trade is growing at an astounding rate, projected to reach nearly $170 billion by the end of this year. Key drivers include energy cooperation, diversified commodity trade, and the increasing adoption of RMB settlement. Despite sanctions challenges, both countries are actively seeking new trade routes and aim to increase trade to $200 billion by 2024, contributing to global economic stability. They are working to overcome obstacles and strengthen their economic partnership in the face of external pressures.

01/04/2026 Logistics Industry Insights
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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.

08/06/2025 Logistics Industry Insights
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Amazon Expands Sameday Delivery to 20 European Regions

Amazon Expands Sameday Delivery to 20 European Regions

Amazon is developing a new energy logistics network in Europe, planning to add same-day delivery services in 20 more regions over the next year, covering multiple countries and cities. Additionally, Amazon Global Logistics is optimizing customs clearance processes and route configurations to enhance the efficiency of sellers' cross-border supply chains.

08/07/2025 Logistics
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Lanzarote Airport Expands As Key European Travel Hub

Lanzarote Airport Expands As Key European Travel Hub

Lanzarote Airport serves as the main gateway to the volcanic island of Lanzarote, featuring convenient flight connections to several cities across Europe. With modern facilities that provide high-quality services, it is an ideal starting point for exploring the island's rich culture and natural beauty.

09/15/2025 Airport Codes
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Air Berlins Rise As European Hub Faces Challenges

Air Berlins Rise As European Hub Faces Challenges

Air Berlin (AB), Germany's second-largest airline, initially started with holiday routes before actively expanding into the European market. In 2003, it experienced significant growth in passenger volume and turnover, but also faced challenges such as market competition. Its development process showcases the opportunities and challenges airlines encounter in market positioning and transformation. The airline's journey reflects the complexities of navigating the aviation industry with its evolving demands and competitive landscape.

09/26/2025 Airlines
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European Air Freight Routes and Transfer Strategies Explored

European Air Freight Routes and Transfer Strategies Explored

This article provides an in-depth analysis of the advantageous air freight routes and transit strategies employed by various airlines in the European air cargo sector. It covers key players such as UPS, Aeroflot, China Southern Airlines, Hainan Airlines, Yangtze River Express, Asiana Airlines, China Eastern Airlines, and Air China. The aim is to offer practical guidance to freight forwarders and shippers, assisting them in selecting more cost-effective and efficient transportation solutions for their cargo within Europe.

09/26/2025 Airlines
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Icelands Seyisfjrur Emerges As Key European Shipping Hub

Icelands Seyisfjrur Emerges As Key European Shipping Hub

Seydisfjordur Port is a significant medium-sized port in northeastern Iceland. Serving as a peripheral European port, it is connected to Denmark via submarine cables and features barge port capabilities, accommodating various types of vessels. With its strategic location and comprehensive facilities, it offers an efficient and reliable shipping option connecting Iceland to the European continent.

09/29/2025 Port Encyclopedia
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