Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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Logistics Sector Struggles With Rising Costs Warehousing Shortages

Logistics Sector Struggles With Rising Costs Warehousing Shortages

The latest LMI report indicates a second consecutive month of expansion in the logistics industry, despite rising costs and warehousing constraints. High inventory costs and warehousing pressures highlight the consequences of earlier stockpiling. The report also reveals the impact of macroeconomic uncertainty and trade policies, emphasizing the need for companies to optimize inventory management, find effective warehousing solutions, improve transportation efficiency, and closely monitor trade policy changes. This will enable them to navigate uncertainty and identify growth opportunities.

01/08/2026 Logistics Industry Insights
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USD to CNY Rate Holds Steady Amid Market Trends

USD to CNY Rate Holds Steady Amid Market Trends

This article analyzes the latest exchange rate of the US dollar against the Chinese yuan, providing information that 25 US dollars can be exchanged for approximately 179.59 yuan. It discusses the range of exchange rate fluctuations and emphasizes the impact of these changes on international trade and consumers.

08/25/2025 Exchange Rate Query
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China Streamlines Renminbi to USD Conversion Process

China Streamlines Renminbi to USD Conversion Process

This article discusses the exchange rate situation between the Chinese Yuan (CNY) and the US Dollar (USD), noting that 100 CNY is currently equivalent to approximately 13.92 USD. It analyzes the impact of exchange rate fluctuations on international trade and emphasizes the importance of real-time conversion channels.

08/25/2025 Exchange Rate Query
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ICD: The Key Identifier for India's Inland Ports

ICD: The Key Identifier for India's Inland Ports

This article introduces the ICD designation in Indian inland ports, indicating Inland Container Depots, and explains why cities like Hyderabad are named this way. It also explores the impact of inland ports on international trade logistics. Through a transshipment mechanism, inland ports enhance the efficiency of goods circulation.

07/21/2025 Logistics Encyclopedia
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