Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

The Port of Los Angeles, the busiest import gateway in the US, anticipates a 10% drop in container volumes in the second half of the year. High inventory levels due to earlier front-loading, coupled with US tariffs increasing import prices, are forcing importers to alter procurement strategies. Larger companies are better equipped to adapt, while SMEs face challenges. Ultimately, tariff costs may be passed on to consumers. Businesses need to strengthen demand forecasting, diversify supply chains, and enhance technological innovation to navigate these changes.

01/08/2026 Logistics
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Mississippi River Drought Threatens US Supply Chains

Mississippi River Drought Threatens US Supply Chains

Drought conditions have lowered the Mississippi River to its lowest level in a decade, causing waterway closures, hundreds of stranded vessels, and hindered agricultural product transport, leading to soaring freight costs. Concurrently, US imports are projected to fall to a near two-year low, reflecting weakened demand and ongoing supply chain challenges. The combination of extreme weather events and slowing global demand is exacerbating economic uncertainty. The low water levels are severely impacting the ability to move goods along this vital waterway.

12/29/2025 Logistics
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Suez Canal Reopens Amid Global Supply Chain Challenges

Suez Canal Reopens Amid Global Supply Chain Challenges

The Suez Canal reopening eased some pressure, but the backlog of ships will impact global supply chains. Companies should pre-book slots, optimize transport routes, strengthen supply chain collaboration, and, in the long term, diversify, digitalize, regionalize, and green their operations to enhance resilience and address future challenges. The congestion caused by the incident highlights the fragility of global trade and the need for businesses to proactively manage potential disruptions to their supply networks. This proactive approach is crucial for mitigating risks and ensuring business continuity in an increasingly volatile global landscape.

01/19/2026 Logistics Industry Insights
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Arcbest Adopts Spacebased Pricing As LTL Costs Rise

Arcbest Adopts Spacebased Pricing As LTL Costs Rise

ArcBest's adoption of 'space-based pricing' in the LTL industry signals a shift towards more granular operations. This move aims to address the 'dimensional overload' issue caused by e-commerce, standardize industry practices, and improve transportation efficiency. Shippers need to focus on optimizing packaging to cope with cost pressures. The LTL industry may be entering a new era of transformation. This pricing model is designed to more accurately reflect the space occupied by shipments, leading to fairer pricing and potentially incentivizing more efficient packaging practices.

01/20/2026 Logistics Industry Insights
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US Port Delays Strikes Disrupt Crossborder Ecommerce Shipments

US Port Delays Strikes Disrupt Crossborder Ecommerce Shipments

During the year-end peak season, cross-border sellers face multiple challenges including the risk of a US West Coast strike, Canadian port congestion, and Amazon warehouse overflow. Sellers should promptly adjust logistics and stocking plans, optimize inventory management, choose warehouses with better logistics conditions, and maintain communication with logistics providers and Amazon to ensure smooth logistics. This proactive approach is crucial for navigating the complex and volatile logistics landscape and mitigating potential disruptions to supply chains.

01/04/2026 Logistics
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Kyushu Xing Expands Chinas Crossborder Ecommerce Logistics

Kyushu Xing Expands Chinas Crossborder Ecommerce Logistics

This article provides an in-depth review of Chengdu Jiuzhouxing Supply Chain, a company specializing in cross-border e-commerce logistics. It analyzes the company's strengths in China-Europe Railway Express, digital supply chain, and compliant operations. The review also examines its service quality, dedicated line layout, overseas warehouse network, and domestic cargo collection capabilities. This article offers valuable insights for sellers seeking cross-border logistics solutions in the Southwest China region.

01/07/2026 Logistics Industry Insights
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Amazon Sellers Face New Inventory Fee Seek Cost Cuts

Amazon Sellers Face New Inventory Fee Seek Cost Cuts

This article delves into the impact of Amazon's Inventory Placement Service Fee on sellers and provides several strategies to mitigate its effects. These strategies include choosing the optimal number of warehouses, leveraging Amazon Global Logistics (AGL), optimizing supply chain management, and adjusting pricing strategies. The aim is to help sellers optimize costs, improve operational efficiency, and adapt to the evolving cross-border e-commerce landscape under the new rules.

12/31/2025 Logistics
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Guide to Safe LCL Sea Freight of Cresol to Busan

Guide to Safe LCL Sea Freight of Cresol to Busan

This article provides a detailed explanation of the Less than Container Load (LCL) sea freight export process and precautions for Cresol (UN2076, CLASS 6.1) to Busan, South Korea. It covers key steps such as booking information preparation, warehouse entry procedures, customs declaration deadline, and Bill of Lading issuance. The aim is to assist foreign trade companies in successfully completing dangerous goods export operations. It emphasizes the importance of adhering to regulations and proper documentation for a smooth and compliant shipment.

05/21/2025 Logistics Encyclopedia
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