Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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Hong Kong Firms Gain Edge in Global Trade Experts Say

Hong Kong Firms Gain Edge in Global Trade Experts Say

This article details seven key advantages of registering a Hong Kong company, including a sound legal environment, freedom in company naming, low tax rates, no required paid-up registered capital, simplified company maintenance, highly flexible bank accounts, and a significant boost to brand image. It also outlines the conditions Mainland residents must meet and the detailed registration process. The aim is to help foreign trade enterprises better understand the benefits and procedures involved in Hong Kong company registration, facilitating their international trade endeavors.

01/04/2026 Customs Knowledge
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Blockchain Boosts Security for Global Parcel Delivery

Blockchain Boosts Security for Global Parcel Delivery

This article explores the application of blockchain technology in international express delivery, demonstrating how data transparency and smart contract mechanisms have reduced the traditional parcel loss rate from 0.5% to 0.03%, significantly enhancing parcel security and logistics trust. Blockchain not only ensures data integrity but also promotes shared responsibility among all parties in cross-border logistics through warning mechanisms, thereby reshaping customer trust in the express delivery industry.

08/04/2025 Logistics Industry Insights
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Tianjin Airport Zone Boosts Air Logistics with New Postal Partnership

Tianjin Airport Zone Boosts Air Logistics with New Postal Partnership

The Airport Economic Zone has signed a framework agreement with the postal administration department to promote the development of air logistics and express services, creating a logistics hub across the Sanbei region. The agreement focuses on optimizing the networks of large express companies, driving the collaborative development of manufacturing, services, and e-commerce, enhancing service quality and competitiveness in the industry, and supporting the comprehensive upgrade of the regional economy.

07/28/2025 Logistics
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Key Factors Driving International Shipping Costs Explained

Key Factors Driving International Shipping Costs Explained

This article provides a detailed explanation of how to calculate the costs of international express delivery. It covers weight categories (actual weight, dimensional weight, and billing weight), cost components (initial and additional weight, packaging fees, remote area charges, and customs fees), as well as specific calculation formulas and the composition of total costs. This guide aims to help users understand how to assess international express delivery costs and make informed choices.

07/28/2025 Logistics Encyclopedia
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Global Shipping Delays Key Causes and Impacts

Global Shipping Delays Key Causes and Impacts

International express delivery times are influenced by various factors, including peak season transportation pressure, customs clearance complexity, adverse weather conditions, flight disruptions, and unforeseen events. Understanding these factors helps to view international express delivery times more rationally and make more informed decisions when choosing a service. These delays can be frustrating, but awareness of the potential causes allows for better planning and management of expectations regarding international shipping timelines.

01/04/2026 Logistics
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Global Shipping Key Factors in Delivery Times and Options

Global Shipping Key Factors in Delivery Times and Options

International express delivery time is influenced by various factors, including transportation channels, destination country, cargo type, and seasonal factors. The main channels are divided into three types: express, standard, and economy. Special circumstances such as customs clearance delays, remote area surcharges, and unforeseen events can also affect delivery time. When choosing a service, consider time requirements, budget, cargo type, and destination country/region to make an informed decision.

01/15/2026 Logistics Encyclopedia
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Global Shipping Debate Small Packet Vs Courier for Cost Efficiency

Global Shipping Debate Small Packet Vs Courier for Cost Efficiency

This article provides a detailed comparison between international small packets and international express services in terms of price, delivery time, service, and security. It aims to help readers choose the most suitable international shipping method based on their individual needs. International small packets are economical and ideal for lightweight items, while international express is efficient and reliable, suitable for valuable goods. Choosing the right option can save time and effort.

01/16/2026 Logistics Encyclopedia
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Hong Kong Ecommerce Firms Weigh Buying Vs Registering New Entities

Hong Kong Ecommerce Firms Weigh Buying Vs Registering New Entities

This article compares the advantages and disadvantages of purchasing a shelf Hong Kong company versus registering a new one. It highlights the potential risks associated with buying a shelf company and recommends that cross-border e-commerce entrepreneurs choose to register a new company instead. The process is simple and free of potential risks, helping to start a new journey in cross-border e-commerce. Registering a new company offers a clean slate and avoids inheriting unknown liabilities, making it the safer and more transparent option for long-term business success.

01/07/2026 Logistics Encyclopedia
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Residential Surcharges Drive Up International Shipping Costs

Residential Surcharges Drive Up International Shipping Costs

This article delves into the charging logic of residential surcharges for international express deliveries, revealing its connection to delivery efficiency and operational costs. It provides practical tips to avoid these fees, including optimizing address information, choosing commercial addresses, and utilizing self-pickup services. These strategies help readers effectively control logistics costs when shipping internationally. The analysis aims to empower consumers and businesses to make informed decisions and minimize unnecessary expenses associated with international express shipping.

11/03/2025 Logistics Encyclopedia
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