Flexport Founder Returns As CEO Amid Strategy Overhaul

Flexport Founder Returns As CEO Amid Strategy Overhaul

Flexport CEO Dave Clark's departure and founder Ryan Petersen's return signal a strategic shift, refocusing on core freight forwarding. This change reflects the company's strategic choice to prioritize growth amidst economic challenges. Flexport will face intense market competition and uncertainty moving forward. The move aims to streamline operations and reaffirm Flexport's position in the logistics industry by concentrating on its foundational services and leveraging Petersen's expertise in that area.

01/19/2026 Logistics
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Ocean Freight Industry Grapples With Detention Demurrage Costs

Ocean Freight Industry Grapples With Detention Demurrage Costs

In ocean freight exports, detention and demurrage charges are common additional expenses. This article analyzes the difference between these two fees: detention charges apply to exceeding the container's free use period, while demurrage charges apply to exceeding the cargo's free storage period at the terminal. Understanding their respective free time allowances and charging standards can help foreign trade companies effectively control logistics costs. Knowing how these fees are calculated and when they apply is crucial for minimizing unexpected expenses and optimizing supply chain efficiency.

08/22/2025 Logistics Encyclopedia
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Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.

07/21/2025 Logistics
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Global Shipping Costs Exposed Hidden Fees and How to Avoid Them

Global Shipping Costs Exposed Hidden Fees and How to Avoid Them

International small packet shipping costs are not simply 'weight x unit price,' but a combination of base freight and various hidden surcharges. This article reveals common 'pitfalls' such as volumetric weight, fuel surcharges, and remote area surcharges. It provides practical advice on avoiding risks and controlling costs, helping cross-border e-commerce sellers master shipping fees and improve profits. Understanding the complex freight structure and potential surcharges is crucial for accurate cost calculation and effective pricing strategies in international e-commerce.

12/31/2025 Logistics
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Freight Forwarders Adapt to Global Ocean Freight Challenges

Freight Forwarders Adapt to Global Ocean Freight Challenges

This article delves into the crucial role of freight forwarders in international logistics, explaining their bridge-like function connecting shippers and carriers. It details ocean freight operation processes, including booking, customs declaration, loading, and customs clearance. Furthermore, it emphasizes shipping operation procedures and key points for verifying booking confirmations. The aim is to provide readers with a comprehensive understanding of international logistics operations, ensuring the safe and efficient transportation of goods.

11/03/2025 Logistics Encyclopedia
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Air Freight Pricing Overview from Nanjing to Los Angeles

Air Freight Pricing Overview from Nanjing to Los Angeles

This article provides the latest air freight rates and flight information from Nanjing to Los Angeles. General cargo rates range from 56.0 to 34.0 RMB, with flights operated by China Southern Airlines. It is important to note the seasonal price fluctuations and additional fees. The article aims to support readers in making informed decisions.

07/22/2025 Logistics
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Effective Choice of Freight Mode Comparison of LCL and FCL Shipping

Effective Choice of Freight Mode Comparison of LCL and FCL Shipping

When choosing freight options, both Less than Container Load (LCL) and Full Container Load (FCL) have their advantages and disadvantages. LCL is suitable for smaller, stackable cargo, while FCL is more appropriate for larger shipments. Costs are influenced by space and weight, and customers can obtain transparent shipping fees and quick confirmations through digital platforms.

11/30/-0001 Logistics Encyclopedia
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