Global Shipping Costs Explained for Importers and Exporters

Global Shipping Costs Explained for Importers and Exporters

This article provides an in-depth analysis of international sea freight costs, covering three core areas: origin port, sea freight, and destination port, with a detailed interpretation of various surcharges. By comparing the cost differences between Full Container Load (FCL) and Less than Container Load (LCL) shipping, and emphasizing the importance of cost bearers, it aims to help businesses effectively control sea freight costs and enhance international trade competitiveness. The analysis helps companies understand the complexities of sea freight pricing and make informed decisions to optimize their logistics strategies.

02/04/2026 Logistics Encyclopedia
Read More
North American Ports Struggle Amid Pandemic Fitch

North American Ports Struggle Amid Pandemic Fitch

A Fitch Ratings report highlights the widespread impact of the COVID-19 pandemic on North American ports, causing supply chain disruptions and operational restrictions. Ports faced pressure from both demand and supply sides, with varying degrees of impact across different port types. The pandemic has exposed vulnerabilities, but also accelerated trends like automation and digitalization. While short-term challenges persist, economic recovery and port transformation offer long-term opportunities for growth and resilience. Ports are adapting to the new normal by diversifying cargo, investing in infrastructure, and improving efficiency.

02/05/2026 Port Encyclopedia
Read More
Yangpu Port Container Throughput Hits Record High Direct Route to Middle East Supports Local Economic Development

Yangpu Port Container Throughput Hits Record High Direct Route to Middle East Supports Local Economic Development

In the first half of this year, Yangpu Port's container throughput exceeded 1 million TEUs, setting a new historical record. The newly opened routes, especially the foreign trade line connecting to the Middle East, have significantly improved transportation efficiency and reduced costs for enterprises, providing strong support for the economic development of Hainan.

07/18/2024 Logistics
Read More
Phuoc Long Port An Important Logistics Hub of Ho Chi Minh City and Its Development Overview

Phuoc Long Port An Important Logistics Hub of Ho Chi Minh City and Its Development Overview

Since its establishment in 1995, Fulang Port has served as a vital logistics hub for Ho Chi Minh City. Leveraging an excellent geographical location and modern facilities, it has continuously promoted trade between Vietnam and neighboring Southeast Asian countries. Its efficient services and close integration with the industry chain have become crucial support for the economic development of Ho Chi Minh City.

07/24/2025 Port Encyclopedia
Read More
GLS Expands Fast Useurope Shipping Options

GLS Expands Fast Useurope Shipping Options

GLS Group integrates its US and European networks to launch an efficient door-to-door cross-border parcel delivery service, significantly reducing transit times and offering end-to-end tracking and customized solutions. This simplifies cross-border logistics, assisting businesses in expanding into the US and European markets. This launch marks a significant step in GLS's transformation into a global logistics leader.

11/03/2025 Logistics Industry Insights
Read More
Fedex Acquires Polands Opek to Boost Eastern Europe Presence

Fedex Acquires Polands Opek to Boost Eastern Europe Presence

FedEx acquired Polish express delivery company Opek to enhance its service capabilities in Poland and Eastern Europe. This acquisition will allow FedEx to leverage Opek's well-established domestic network, improve service levels, and expand its European footprint, thereby achieving profitable growth. This acquisition is a significant step in FedEx's strategic layout in the European market, indicating its continued growth and innovation globally.

01/28/2026 Logistics
Read More
Markets Await ADP Data As Dollar Holds Metals Pause

Markets Await ADP Data As Dollar Holds Metals Pause

European markets lacked clear direction, with precious metals experiencing a pullback. Focus shifts to US labor market data. The Australian dollar initially surged but then retreated, while European inflation data remained subdued. Market attention is now on the ADP employment report. Foreign exchange markets showed limited volatility, but geopolitical risks persist. Investors should closely monitor both economic data releases and geopolitical developments.

01/30/2026 Exchange Rate Query
Read More