Coscos Hamburg Terminal Stake to Transform European Logistics

Coscos Hamburg Terminal Stake to Transform European Logistics

COSCO Shipping Ports acquired a 35% stake in Hamburger Hafen und Logistik AG (HHLA)'s Container Terminal Tollerort (CTT) in Hamburg. This investment aims to strengthen cooperation with HHLA, improve terminal operational efficiency, and establish COSCO Shipping's "preferred hub" in Europe. The acquisition is expected to solidify the Port of Hamburg's position as a key logistics hub in Europe and further promote the development of trade between China and Europe. The partnership seeks to optimize operations and enhance Hamburg's role in global supply chains.

02/11/2026 Port Encyclopedia
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US Rail Freight Struggles Despite Coal Chemical Growth

US Rail Freight Struggles Despite Coal Chemical Growth

According to the Association of American Railroads, U.S. rail freight traffic decreased by 3.7% and intermodal traffic decreased by 4.5% for the week ending May 21st. While coal and chemical industries saw growth, grains and metals faced challenges. Port congestion and driver shortages constrained intermodal development. Future infrastructure investment, green transition, and technological innovation will present opportunities for the rail freight market. Overall, the data suggests a mixed performance in the rail freight sector, influenced by both industry-specific factors and broader economic conditions.

02/11/2026 Logistics
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US Rail Freight Mixed As Carloads Rise Containers Fall in July

US Rail Freight Mixed As Carloads Rise Containers Fall in July

According to the Association of American Railroads, U.S. rail carload traffic increased by 1.1% year-over-year in late July, while container volume decreased by 2.5% year-over-year. The carload traffic growth was mainly driven by automobiles, coal, and agricultural products, while the decline was influenced by metallic ores, petroleum, etc. The decrease in container volume may be related to port congestion, labor shortages, and slowing consumer demand. Businesses need to pay attention to data changes and adjust their supply chain strategies accordingly.

02/11/2026 Logistics
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US Rail Freight Decline Points to Economic Slowdown

US Rail Freight Decline Points to Economic Slowdown

According to the latest data from the Association of American Railroads, for the week ending August 26th, both U.S. rail freight volume and intermodal volume decreased year-over-year, reflecting downward economic pressure. While some commodity categories saw increased freight volume, coal and grain shipments declined significantly. The notable decrease in intermodal volume may be attributed to competition from trucking, easing port congestion, and weakening consumer demand. The rail transportation industry needs to improve efficiency, expand its business scope, and adapt to environmental requirements.

02/11/2026 Logistics
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Maritime Shipping Guide for Hazardous Goods Declarations

Maritime Shipping Guide for Hazardous Goods Declarations

This article provides a detailed analysis of the maritime declaration process for dangerous goods sea freight exports. It clarifies the differences between cargo declaration and vessel declaration, outlines the specific steps of cargo declaration, emphasizes the importance of cut-off declaration for dangerous goods, and details the necessary documentation. Furthermore, it explains the connection between dangerous goods declaration and port customs clearance. The aim is to help businesses understand the critical aspects of dangerous goods sea freight exports, mitigate risks, and ensure the safe and compliant transportation of goods.

06/11/2024 Logistics Encyclopedia
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China Imports Best Practices to Avoid Demurrage Costs

China Imports Best Practices to Avoid Demurrage Costs

This article focuses on how freight forwarders can avoid demurrage charges during import unpacking operations. It provides a detailed analysis of key steps, including obtaining vessel and voyage information, scheduling pickup, handling customs inspections, and adhering to container weight limits. It also highlights special considerations such as unreliable vessel schedules in the Waigaoqiao port area. The aim is to help freight forwarding personnel improve operational efficiency and reduce operating costs by providing practical guidance on managing the import unpacking process and minimizing the risk of incurring costly demurrage fees.

08/23/2025 Logistics Encyclopedia
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Shippers and Carriers Debate Responsibility for Container Weighing Fees

Shippers and Carriers Debate Responsibility for Container Weighing Fees

This article explores the current state and coping strategies for VGM (Verified Gross Mass) charges in the freight forwarding industry. It points out that VGM charges have become an industry-wide phenomenon, with freight forwarders in a weak position when dealing with shipping companies and port areas. Some freight forwarders avoid risks by shifting responsibility to customers. The article emphasizes the importance of freight forwarders balancing costs and ensuring profits while remaining compliant with regulations. It highlights the need for strategic approaches to navigate the challenges posed by VGM charges.

08/23/2025 Logistics Encyclopedia
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Eilat Airport Legacy Ends As Ramon Takes Over Southern Israel Flights

Eilat Airport Legacy Ends As Ramon Takes Over Southern Israel Flights

Eilat Airport is a crucial aviation hub in Eilat, a port city in southern Israel, operating domestic and a few international routes, facilitating access to the Red Sea resort. Despite its relatively simple facilities, its strategic importance is significant, boosting local tourism. With the opening of Ramon Airport, Eilat Airport is set to close, marking the end of an era while also foreshadowing a brighter future for the aviation industry in Eilat. Its closure signifies a shift in infrastructure and a modern upgrade for air travel in the region.

09/26/2025 Airport Codes
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Key Shipping Terms Like Laycan Help Mitigate Industry Risks

Key Shipping Terms Like Laycan Help Mitigate Industry Risks

LAY/CAN is a crucial clause in a charter party, defining the period within which a vessel must arrive at the loading port. Understanding its meaning and function helps charterers protect their rights and shipowners fulfill their obligations, thereby regulating the shipping market and mitigating potential risks. This article provides an in-depth analysis of LAY/CAN and compares it with Shipment Date and Late Come, aiming to enhance your knowledge of shipping practices. It is essential for navigating the complexities of charter agreements and minimizing disputes related to vessel arrival and cargo loading timelines.

09/26/2025 Logistics Encyclopedia
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New Container Return Rules Risk Hefty Fines for Importers

New Container Return Rules Risk Hefty Fines for Importers

A new container return rule for shipping containers will take effect on July 7, 2025, mandating that containers be returned to their original pick-up location whenever possible. Non-compliant returns will incur substantial fees, with port returns costing $300 per container and other depots charging up to $1200. This article provides a detailed interpretation of the new regulations, offers practical tips to avoid penalties, and analyzes the impact on shippers, freight forwarders, shipping companies, and container yards. It aims to help stakeholders prepare in advance and avoid unnecessary losses.

07/03/2025 Logistics
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