Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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Temus Global Growth Boosts Crossborder Ecommerce for Chinese Sellers

Temus Global Growth Boosts Crossborder Ecommerce for Chinese Sellers

Temu, Pinduoduo's subsidiary, has rapidly risen with a strategy of 'low prices + advertising + innovation,' topping global e-commerce app download and active user charts for three consecutive years, reshaping the cross-border e-commerce landscape. Facing competition from giants like Amazon and overseas trade barriers, Temu actively innovates its model, promotes localization, and leverages tools like E-Cang ERP to enhance seller operational efficiency, helping Chinese sellers benefit in the global market. Its success highlights the potential of new strategies in navigating the challenges of international e-commerce.

02/03/2026 Logistics Industry Insights
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Hub Group Buys Forward Air Final Mile to Expand Lastmile Reach

Hub Group Buys Forward Air Final Mile to Expand Lastmile Reach

Hub Group's acquisition of Forward Air Final Mile (FAFM) aims to expand its last-mile logistics service offerings, enhance operational efficiency, and improve customer experience, reshaping the last-mile landscape. Simultaneously, US ports are adapting to shifting trade flows through investments in infrastructure, data, and inland transportation capabilities. The future of last-mile logistics will be characterized by increased competition, requiring companies to continuously innovate to maintain a competitive edge. This acquisition and port adaptations highlight the dynamic nature of the logistics industry and the importance of strategic investments.

02/04/2026 Logistics
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Key Forex Terms Explained for International Transfers

Key Forex Terms Explained for International Transfers

This article provides a clear and concise introduction to common exchange rate and foreign exchange trading terms used in international remittances. It explains concepts such as exchange rates, foreign exchange, spreads, currency pairs, and trading volume. The aim is to help readers understand the fundamental principles of cross-border fund flows, offering a valuable reference for international financial activities for both individuals and businesses. It serves as a practical guide to navigating the complexities of international money transfers.

03/08/2022 International Settlement
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How to Change Gmail Language Settings Quickly

How to Change Gmail Language Settings Quickly

This article provides a detailed guide on how to change the language settings in Gmail, making it easy to do even without foreign language skills. With step-by-step instructions and accompanying images, it helps users switch the Gmail interface to their preferred language, improving user experience and work efficiency. Say goodbye to 'foreign language emails' and enjoy convenient Google services. The guide simplifies the process and ensures a smoother, more personalized experience for all Gmail users.

12/29/2025 Logistics Encyclopedia
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New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

The General Administration of Customs recently announced reforms to the customs declaration process, introducing a new 'Trade Country (Region)' indicator. This change aims to enhance the accuracy of customs declarations and reflect the true state of international trade, in line with the developments of economic globalization. The indicator will streamline the customs clearance process, improve efficiency, and assist businesses in conducting more effective global trade.

07/21/2025 Logistics
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Yuan Surge Squeezes Profits for Crossborder Ecommerce Sellers

Yuan Surge Squeezes Profits for Crossborder Ecommerce Sellers

The appreciation of the RMB exchange rate puts pressure on the profits of cross-border e-commerce sellers, who face the challenge of choosing the right time for foreign exchange settlement. This article analyzes the reasons for exchange rate fluctuations and provides sellers with coping strategies such as rational foreign exchange settlement, risk diversification, enhancing product competitiveness, and multi-channel operation. It suggests prudent operation and brand building to cope with exchange rate risks and maintain profitability in the face of market volatility.

12/31/2025 Exchange Rate Query
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Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

This article provides a detailed interpretation of WorldFirst's currency conversion quota mechanism, clarifying its difference from individual foreign exchange quotas. It outlines two methods for obtaining a conversion quota: store authorization and uploading transaction records. Through case studies, it demonstrates how to leverage WorldFirst to overcome foreign exchange controls, enabling the free flow of cross-border e-commerce funds back home, and supporting business growth. It offers practical guidance on maximizing WorldFirst's features for efficient and compliant international money transfer.

12/29/2025 International Settlement
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