Oversupply Dampens Cloud Shipping Industrys Rate Hike Prospects

Oversupply Dampens Cloud Shipping Industrys Rate Hike Prospects

The shipping industry failed to see the expected freight rate increase in September, mainly due to oversupply. SeaIntel believes that supply-demand balance will be difficult to achieve after 2019. New vessel orders from CMA CGM and MSC exacerbate concerns. The industry needs to pay attention to market dynamics, embrace change, and strengthen cooperation to achieve sustainable development. The persistent overcapacity continues to depress shipping prices and casts doubt on a swift market recovery.

01/27/2026 Logistics Industry Insights
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Global Collaboration Urged to Strengthen Aviation Security

Global Collaboration Urged to Strengthen Aviation Security

IATA calls for strengthened cooperation between the global aviation industry and governments to address passenger growth and emerging security threats, ensuring aviation safety. Key priorities include implementing global standards, enhancing information sharing, promoting risk-based security measures, and addressing cybersecurity threats. Through collaboration and innovation, the aim is to collectively build a safe and efficient future for air transport. This partnership is crucial for maintaining high safety levels while accommodating increasing air travel demand.

01/27/2026 Logistics Industry Insights
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Guide to Verifying Vietnamese Firms for Safe Investments

Guide to Verifying Vietnamese Firms for Safe Investments

This article guides businesses on efficiently verifying the qualifications and registration information of Vietnamese companies to mitigate cooperation risks. It details key information for inquiry, specific steps, and important considerations. The article emphasizes the importance of selecting professional services to assist companies in achieving stable development within the Vietnamese market. By providing practical guidance on conducting thorough due diligence, businesses can make informed decisions and protect their interests when engaging with Vietnamese partners.

01/27/2026 Customs Knowledge
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Global Ports Adapt to Megaships Amid Rising Costs

Global Ports Adapt to Megaships Amid Rising Costs

Faced with the challenges posed by mega-container ships, global ports need to break through with high investment. By upgrading intelligence, building green ports, expanding service scope, strengthening regional cooperation, and embracing innovative technologies, ports can achieve sustainable development in the era of mega-ships and drive regional economic growth. These strategies are crucial for ports to remain competitive and meet the demands of increasingly larger vessels while minimizing environmental impact and maximizing economic benefits.

01/29/2026 Port Encyclopedia
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Extransportation Secretary Skeptical of US Infrastructure Bill

Extransportation Secretary Skeptical of US Infrastructure Bill

Former Transportation Secretary Ray LaHood expressed concerns about the prospects of a long-term transportation bill in the US, citing the complexities of transportation and federal policy as hindering infrastructure progress. Insufficient funding and increasing partisan divisions exacerbate the difficulties. Factors such as environmental protection and labor rights further complicate policymaking. America's transportation infrastructure faces significant challenges, requiring innovative solutions and bipartisan cooperation to overcome these obstacles and ensure future development and sustainability.

01/29/2026 Logistics Industry Insights
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Yinchuan Eyes Crossborder Growth in Northwest China by 2026

Yinchuan Eyes Crossborder Growth in Northwest China by 2026

Yinchuan will host a series of cross-border events in 2025-2026, covering industries like dairy, e-commerce, robotics, and artificial intelligence. These events provide an excellent platform for businesses to expand their markets, understand industry trends, and seek cooperation opportunities. They will help companies seize the first-mover advantage in the Northwest China market and achieve business growth. The events aim to facilitate international trade and investment, fostering economic development in the region.

01/30/2026 Customs Knowledge
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Mexico Overtakes Canada As Top US Trade Partner

Mexico Overtakes Canada As Top US Trade Partner

Recent data indicates that Mexico has surpassed Canada to become the United States' largest goods trading partner. This flourishing US-Mexico trade demonstrates the resilience and depth of North American trade, particularly fostering mutually beneficial cooperation in agricultural products. The China Chamber of Commerce in Mexico is dedicated to promoting Sino-Mexican trade and providing businesses with more opportunities. Now is the opportune moment to capitalize on this new era of US-Mexico trade.

01/30/2026 Logistics Industry Insights
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Japan WCO Aid Haiti in Boosting Disaster Response Postquake

Japan WCO Aid Haiti in Boosting Disaster Response Postquake

With funding from the Government of Japan, the World Customs Organization (WCO) conducted a capacity building workshop in Haiti. The aim was to enhance the ability of Haitian Customs and related agencies to respond to emergencies such as natural disasters and infectious diseases. By strengthening Customs' role in disaster management, improving staff skills, promoting inter-agency cooperation, and refining emergency plans, the initiative supports Haiti in building a more robust disaster response system.

01/30/2026 Customs Knowledge
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US Imports Stay Strong Amid Labor Disruptions Supply Chains Resilient

US Imports Stay Strong Amid Labor Disruptions Supply Chains Resilient

Brief strikes at US East Coast and Gulf Coast ports did not prevent continued import growth. The Port Tracker report forecasts sustained high US import volumes, but businesses must focus on supply chain risks and improve resilience. Labor-management cooperation and corporate innovation are key to addressing future challenges. Despite potential disruptions, the overall trend suggests a robust import market demanding proactive risk management strategies for businesses relying on global supply chains.

01/30/2026 Logistics
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Tajikistan Upgrades Customs Tariffs with WCO Support

Tajikistan Upgrades Customs Tariffs with WCO Support

Turkmenistan will host a WCO workshop in 2025 to enhance customs tariff classification capabilities and promote trade facilitation. The workshop is sponsored by the China Customs Cooperation Fund. The aim is to improve the understanding and application of the Harmonized System (HS) nomenclature, ensuring accurate classification and efficient customs procedures. This initiative supports Turkmenistan's efforts to align with international standards and streamline trade processes, ultimately contributing to economic growth and regional integration.

01/30/2026 Customs Knowledge
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