Baltic Exchange Launches Air Freight Spot Rate Index

Baltic Exchange Launches Air Freight Spot Rate Index

The Baltic Exchange is set to trial an air cargo spot rate index, aiming to more accurately reflect market price fluctuations and enhance industry transparency. This initiative is expected to reduce transaction costs and foster the development of air freight derivatives markets, providing market participants with more reliable risk management tools. The index seeks to offer a clearer picture of real-time pricing in the air cargo spot market, ultimately benefiting stakeholders across the industry by improving price discovery and reducing information asymmetry.

11/03/2025 Logistics
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Crossborder Freight Costs Lack Transparency in Ningbobangkok Route

Crossborder Freight Costs Lack Transparency in Ningbobangkok Route

The demand for road transportation from Ningbo to Bangkok is surging, but opaque pricing is a major pain point. This article calls for establishing industry standards, promoting online quotation platforms, and strengthening regulatory oversight to improve service quality. The goal is to build a transparent and efficient cross-border logistics service system, promoting standardization, intelligentization, and green development within the industry. Using Shanghai Audunweis International Freight Forwarding Co., Ltd. as an example, the article explores the opportunities and challenges faced by enterprises in this evolving landscape.

08/21/2025 Logistics
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Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Encyclopedia is a Q&A and experience exchange platform for freight forwarders. This article focuses on its practical value in risk warning, operational skills, and industry hotspots. Through case studies, experience sharing, and tool introductions, it helps you avoid freight forwarding pitfalls, improve operational efficiency, and stay informed about industry trends. Learn how to identify potential risks, optimize your processes, and gain a competitive edge in the dynamic freight forwarding landscape. This resource empowers freight forwarders with the knowledge and tools needed to succeed.

08/21/2025 Logistics Encyclopedia
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90s Freight Forwarder Thrives with Online Learning Adaptation

90s Freight Forwarder Thrives with Online Learning Adaptation

This article focuses on Xia Xiaozheng, a 90s freight forwarder, and his learning and growth on the Consolidation Handbook platform. By analyzing his interaction patterns, it showcases his proactive learning and helpful spirit. The article also expands on key knowledge points such as customer-owned containers and equipment interchange receipts. Furthermore, it provides practical advice for new freight forwarders, encouraging them to continuously learn, accumulate experience, and ultimately achieve success in the industry. The case study highlights the importance of continuous learning and community engagement for newcomers in the freight forwarding industry.

08/22/2025 Logistics Encyclopedia
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Shippers and Carriers Debate Responsibility for Container Weighing Fees

Shippers and Carriers Debate Responsibility for Container Weighing Fees

This article explores the current state and coping strategies for VGM (Verified Gross Mass) charges in the freight forwarding industry. It points out that VGM charges have become an industry-wide phenomenon, with freight forwarders in a weak position when dealing with shipping companies and port areas. Some freight forwarders avoid risks by shifting responsibility to customers. The article emphasizes the importance of freight forwarders balancing costs and ensuring profits while remaining compliant with regulations. It highlights the need for strategic approaches to navigate the challenges posed by VGM charges.

08/23/2025 Logistics Encyclopedia
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