This article details the nine key steps of export sea freight, including inquiry and quotation, order placement, booking, container loading, inspection and customs declaration, bill of lading (B/L) verification and confirmation, B/L issuance, reconciliation and payment settlement, and release of cargo. It aims to help shippers understand the sea freight process, reduce transportation costs, and improve efficiency.
This article, shared by experienced dangerous goods freight forwarder Wei Dadan, provides an in-depth analysis of key aspects of dangerous goods maritime export, including maritime declaration, customs clearance procedures, and regulatory requirements. Using real-world examples, it shares valuable experience and techniques for shipping dangerous goods, helping you avoid trade pitfalls and complete each shipment safely and efficiently.
In the second quarter of 2023, the U.S. industrial real estate market demonstrated stable resilience with a net absorption of approximately 29.9 million square feet. The demand growth was driven by new logistics products, despite rising vacancy rates and consolidation pressures in some regions. By 2025, new supply is expected to exceed absorption, while absorption is projected to surpass supply by 2027.
This article explores the application of mixed logistics strategies in modern enterprises, analyzing the advantages and disadvantages of in-house versus outsourced logistics through examples from JD.com and Staples. It emphasizes the competitive advantages brought by technology integration, the establishment of partnerships, data-driven decision-making, and flexibility, aiming to guide companies to value and optimize their logistics strategies.
The Logistics Managers' Index (LMI) rebounded strongly to 60.7 in June, indicating a recovery trend in the global logistics industry. This increase was driven by fluctuations in inventory levels and transportation prices. However, there are still uncertainties about whether future demand can be sustained, influenced by trade policies.
GXO Logistics has signed a global strategic agreement with Blue Yonder to collaborate on providing more flexible warehouse management solutions. This partnership aims to meet the needs of clients across various industries in uncertain markets.
Urbanization is profoundly reshaping global supply chains. The Maersk 'Beyond the Container' podcast focuses on this transformation, exploring the rise of micro-hubs, the importance of inner-city logistics, the circular economy and shared warehousing, and the shift in logistics models from global to regional. Experts emphasize that logistics companies should actively participate in urban planning to build efficient and sustainable urban logistics systems and seize future opportunities. This includes adapting to new models and collaborating with city authorities to ensure seamless integration and optimized delivery networks.
The Baltimore bridge collapse is projected to cost Wallenius Wilhelmsen between $5 and $10 million. The company is actively rerouting cargo to mitigate the impact and ensure the continuity of its customers' supply chains. This proactive approach to risk management aims to minimize disruptions caused by the port interruption and maintain efficient delivery schedules. The incident highlights the importance of robust contingency plans within global supply chains to address unforeseen events and maintain operational resilience.
Industry experts advise shippers seeking the lowest truckload rates to lock in prices early, as the market shows signs of recovery. Excess capacity may ease, potentially leading to a rebound in rates. Shippers should optimize their logistics strategies and strengthen partnerships with carriers to prepare for potential future rate increases. By proactively managing their freight operations, shippers can mitigate the impact of rising costs and maintain a competitive edge in the evolving freight market.
Global shipping giants Maersk and Hapag-Lloyd have announced the "Gemini Cooperation," aiming to reshape global maritime transport by optimizing route networks and improving on-time performance. Singapore will serve as a crucial hub with approximately 40 weekly vessel calls. The network employs a hub-and-spoke model to enhance operational efficiency and reduce carbon emissions. Initially, vessels will bypass the Red Sea due to security concerns, with adjustments planned based on future conditions. This collaboration signifies a move towards greater efficiency and sustainability within the global shipping industry.
