Global Shipping Costs Surge for Bulk Cargo Shippers

Global Shipping Costs Surge for Bulk Cargo Shippers

This article provides an in-depth analysis of international LCL (Less than Container Load) ocean freight rates. It details various calculation methods for basic freight (based on weight tons, volume, ad valorem, etc.) and different types of surcharges, such as overweight charges, port congestion surcharges, and bunker adjustment factors (BAF). The article also offers practical advice on reducing ocean freight costs, helping shippers make informed decisions and optimize their logistics expenses. This aims to empower cargo owners to smartly manage and minimize their overall shipping costs.

11/03/2025 Logistics Encyclopedia
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Trucking Tonnage Drop Points to Economic Slowdown ATA

Trucking Tonnage Drop Points to Economic Slowdown ATA

The American Trucking Associations (ATA) October freight tonnage report indicates a second consecutive month of decline, raising concerns about a potential economic downturn. The seasonally adjusted For-Hire Truck Tonnage Index fell 1.8% year-over-year, and is unchanged year-to-date compared to last year. The ATA's chief economist stated that the freight market faces significant challenges. The article delves into the reasons behind the tonnage decline and suggests coping strategies for businesses and individuals. This downturn in freight volume signals potential economic headwinds.

01/08/2026 Logistics
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Nykredit Bank Explains SWIFT Codes for International Transfers

Nykredit Bank Explains SWIFT Codes for International Transfers

This article provides a detailed explanation of the SWIFT code for Nykredit Bank A/S in Denmark, including the primary code, branch codes, and usage scenarios. It also outlines methods for verifying the correct SWIFT code. Furthermore, the article covers important considerations for cross-border transfers, including choosing the appropriate transfer method and avoiding common errors. The aim is to assist readers in successfully completing international money transfers to Nykredit Bank A/S, ensuring a smooth and efficient process.

09/02/2025 International Settlement
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Enshi Enhances Large Item Logistics With Transparent Pricing

Enshi Enhances Large Item Logistics With Transparent Pricing

This article discusses the detailed process and freight calculation for large item logistics shipping in Enshi Prefecture. It covers how to select a logistics company, methods of freight payment, logistics tracking, and answers to common questions, aiming to provide customers with a convenient one-stop service for sending large items.

09/16/2025 Logistics
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Global Air Cargo Industry Seeks Efficiency Through Airport Code Mastery

Global Air Cargo Industry Seeks Efficiency Through Airport Code Mastery

This article focuses on Mersin Airport's code, COV, and introduces the West Coast Cargo's three-letter code query system. This system includes information on over 40,000 airports worldwide, supports multi-dimensional searches, and provides practical tools such as air freight tracking and airline lookup, helping to improve air freight operation efficiency.

09/29/2025 Airport Codes
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