Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

Driving Forces and Transformation in the New Normal of the Shipping Industry

Driving Forces and Transformation in the New Normal of the Shipping Industry

In the context of the new economic normal, the shipping industry faces uncertainties in recovery. This paper explores the impact of the Belt and Road Initiative on the shipping market, emphasizing that shipping companies must shift their growth models to focus on endogenous drivers. Companies should enhance their management capabilities and resource allocation abilities to adapt to the complex global economic situation. Additionally, the emergence of new forces, such as the internet, offers new opportunities for business development.

New Model for Automotive Industry Cluster Development Powered by Dawanchan Bay Terminal

New Model for Automotive Industry Cluster Development Powered by Dawanchan Bay Terminal

Dachan Bay Terminal has partnered with Qianhai International Automobile Park to promote car imports and industrial development. Leveraging its unique geographical location and supportive government policies, it has become Shenzhen's only land-sea vehicle import port. The implementation of a new model of 'port customs clearance and in-zone supervision' has attracted a growing number of parallel imported cars, contributing to the development of the automotive industry cluster and injecting vitality into the local economy.

07/28/2025 Logistics
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Aviation Groups Urge El Salvador to Drop Farm Tax Over Industry Risks

Aviation Groups Urge El Salvador to Drop Farm Tax Over Industry Risks

The International Air Transport Association (IATA) and the Salvadoran Association of Airline Representatives (ASLA) are urging the government of El Salvador to reconsider the $3.50 agricultural tariff levied on arriving passengers. They argue that this measure increases travel costs during the pandemic and could hinder the recovery of the aviation industry. The two organizations suggest that the government collaborate with the industry to find better solutions that ensure plant health security while promoting economic development.

Fuzhou to Ho Chi Minh City Road Freight Service Streamlined

Fuzhou to Ho Chi Minh City Road Freight Service Streamlined

Shanghai Ortonvis International Freight Forwarding Co., Ltd. offers full truckload (FTL) transportation services from Fuzhou to Ho Chi Minh City, including bilateral customs declaration, DDP (Delivered Duty Paid) and door-to-door service. With 8 years of industry experience and integrity certification, we are committed to providing customers with safe, efficient, and worry-free cross-border logistics solutions. We specialize in China-Vietnam logistics, ensuring a smooth and reliable transportation process with all duties and taxes included.

08/21/2025 Logistics
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Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder partners with Terminal Industries to optimize logistics yard operations using AI technology. The pilot project leverages computer vision and machine learning to achieve precise vehicle information recognition and automated inventory capture, significantly improving efficiency and reducing costs. The collaboration plans to translate the pilot experience into commercial applications, leading the intelligent transformation of the logistics industry. This approach aims to streamline processes, enhance visibility, and ultimately create a more efficient and cost-effective supply chain ecosystem.

11/03/2025 Logistics
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OAG Enhances Lumos Flight Delay Predictions with Realtime Data

OAG Enhances Lumos Flight Delay Predictions with Realtime Data

Lumo leverages real-time flight data from OAG to develop accurate flight delay prediction models. This helps airlines and travelers proactively manage operational disruptions, reduce costs, and improve satisfaction. This case demonstrates the significant value of data-driven approaches in the travel industry and highlights the importance of real-time, comprehensive data for optimizing operations and enhancing the passenger experience. By anticipating delays, Lumo empowers stakeholders to make informed decisions and mitigate the negative impacts of disruptions.