Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine Orders 32B LNG Fleet to Boost Green Shipping

Evergreen Marine has announced an investment of $3.245 billion to order 11 ultra-large 24,000 TEU LNG dual-fuel container ships in South Korea and China. This initiative aims to enhance energy diversification, leverage LNG technology advantages, and strengthen international competitiveness. This move marks a significant step for Evergreen Marine towards green shipping and will further expand its fleet size to adapt to the changing market demands.

08/04/2025 Logistics
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Kuwaits Mina Alahmadi Expands As Key Oil Export Hub

Kuwaits Mina Alahmadi Expands As Key Oil Export Hub

Mina Abdullah Port, located in southeastern Kuwait, is a crucial maritime port playing a significant role in international energy trade due to its efficient oil loading and unloading capabilities. The port boasts well-equipped facilities and professional services, providing vessels with services such as fuel replenishment and medical support, ensuring smooth and efficient oil exports. It serves as a vital link in the global oil supply chain.

09/29/2025 Port Encyclopedia
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Global Air Freight Rates Strategies for Cost Optimization

Global Air Freight Rates Strategies for Cost Optimization

International air freight prices are influenced by various factors, including cargo attributes, transportation processes, destination characteristics, fuel costs, and exchange rates. This paper provides an in-depth analysis of these factors, aiming to empower shippers to take control of cost management, select suitable logistics solutions, and optimize international air freight costs. Understanding these elements is crucial for making informed decisions and achieving cost-effective air transportation.

11/03/2025 Logistics Encyclopedia
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Air Freight Pricing From Nanjing To Vienna

Air Freight Pricing From Nanjing To Vienna

The air freight price from Nanjing to Vienna fluctuates with the seasons, currently estimated at 56 to 30 yuan. This service is provided by Lufthansa, with a transport period from July 16 to 23, 2025, covering Nanjing, Shanghai, Munich, and Vienna. The transportation costs include fuel and security fees but do not cover customs clearance and other fees. For specifics, please consult customer service.

07/22/2025 Logistics
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Air Freight Pricing And Flight Information From Zhengzhou To Mumbai

Air Freight Pricing And Flight Information From Zhengzhou To Mumbai

This article provides detailed information on air freight rates and related flight details from Zhengzhou Xinzheng International Airport to Mumbai Chhatrapati Shivaji International Airport. Due to market price fluctuations, the air freight costs are for reference only. Flight information includes departure times, arrival times, and flight numbers, applicable for general cargo. The prices include fuel and security fees but do not cover customs clearance and other charges.

07/22/2025 Logistics
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Air Cargo Industry Faces Growing Challenges in Oversized Shipments

Air Cargo Industry Faces Growing Challenges in Oversized Shipments

This article discusses special cargo in air freight, particularly the definitions and transportation challenges of oversized and overweight goods. Oversized cargo typically requires multiple air pallets, while overweight cargo refers to single items exceeding 150 kilograms. When transporting these goods, consideration must be given to the necessary equipment and safety measures, as well as fuel disposal within vehicles, to ensure safe and efficient transportation.

07/29/2025 Logistics Encyclopedia
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Major Shippers Commit to Fossilfree Fleets at COP28

Major Shippers Commit to Fossilfree Fleets at COP28

At COP28, major shipping companies issued a joint statement calling for a halt to the construction of new fossil fuel vessels and urging the IMO to develop a regulatory framework for green fuels. The shipping industry's green transition faces multiple challenges, including technology, cost, and regulation. International organizations, governments, shipping companies, and consumers need to work together to accelerate decarbonization and achieve sustainable development.

01/07/2026 Logistics Industry Insights
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US Diesel Prices Spike Raising Economic and Energy Sector Alarms

US Diesel Prices Spike Raising Economic and Energy Sector Alarms

US diesel prices have risen for 14 consecutive weeks, reaching $2.801 per gallon, a recent high. Key drivers include crude oil prices, limited drilling activity, and a slow economic recovery. The price increase is expected to raise costs for transportation, agriculture, and construction, potentially triggering inflation. Businesses and individuals should improve fuel efficiency and adopt alternative fuels. The government may consider intervention to alleviate the pressure.

01/19/2026 Logistics
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Fedex Q2 Earnings Beat Forecasts on Ecommerce Boom

Fedex Q2 Earnings Beat Forecasts on Ecommerce Boom

FedEx's Q2 earnings exceeded expectations, with net profit increasing by 4% year-over-year and adjusted EPS surpassing Wall Street estimates. Performance across departments was mixed. E-commerce drove growth in the Ground segment, while fuel prices had a significant impact. Looking ahead, key areas to watch include the global economic recovery, emerging market opportunities, and geopolitical risks. Embracing technological innovation is crucial for achieving sustainable development.

01/19/2026 Logistics
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Data Analytics Reshapes Freight Pricing in Trucking Industry

Data Analytics Reshapes Freight Pricing in Trucking Industry

DAT analysts interpret the price drivers in the trucking market, including macroeconomics, supply and demand, fuel costs, and seasonality. DAT RateView facilitates data-driven decision-making by providing comprehensive freight rate data and analytics. This allows businesses to understand market trends, optimize pricing strategies, and improve overall efficiency in their logistics operations. By leveraging data analysis, companies can gain a competitive edge in the dynamic freight market.

01/21/2026 Logistics Industry Insights
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