Baltimore Bridge Collapse Costs Wallenius Wilhelmsen Millions

Baltimore Bridge Collapse Costs Wallenius Wilhelmsen Millions

The Baltimore bridge collapse is projected to cost Wallenius Wilhelmsen between $5 and $10 million. The company is actively rerouting cargo to mitigate the impact and ensure the continuity of its customers' supply chains. This proactive approach to risk management aims to minimize disruptions caused by the port interruption and maintain efficient delivery schedules. The incident highlights the importance of robust contingency plans within global supply chains to address unforeseen events and maintain operational resilience.

11/03/2025 Logistics
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Guide to Costeffective LCL Shipping for Businesses

Guide to Costeffective LCL Shipping for Businesses

LCL (Less than Container Load) consolidation combines shipments from multiple shippers to reduce costs and improve efficiency. Cargo is processed and handled at a Container Freight Station (CFS). LCL consolidation is an ideal solution for smaller shipments, enhancing international trade competitiveness by offering a cost-effective alternative to full container loads. This method allows businesses to ship smaller volumes without incurring the expense of a dedicated container, making global trade more accessible.

11/03/2025 Logistics Encyclopedia
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IATA Introduces Marketing Course to Enhance Air Cargo Revenue

IATA Introduces Marketing Course to Enhance Air Cargo Revenue

This advanced IATA Air Freight Forwarding Marketing course helps you master marketing essentials, achieve differentiated competition through innovative services, and improve profitability. The curriculum covers trade models, pricing strategies, cost assessment, advertising techniques, marketing plans, target customer analysis, and innovative service concepts. It is suitable for sales, marketing, and management personnel, as well as individuals looking to enhance their marketing skills. Successful completion of the course leads to an IATA certificate of completion.

11/03/2025 Logistics Encyclopedia
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In-depth Analysis of Non-vessel Operating Common Carriers (NVOCC) and Their Roles

In-depth Analysis of Non-vessel Operating Common Carriers (NVOCC) and Their Roles

Non-Vessel Operating Common Carriers (NVOCC) play a crucial role in international freight by signing transport contracts with shippers, despite not owning transportation means directly. They collaborate with actual carriers to ensure smooth cargo transportation. To become an NVOCC, one must meet certain conditions and obtain relevant operating qualifications, but this does not necessarily mean their services are superior to other freight forwarders. The key is to correctly select a cost-effective freight forwarder.

07/21/2025 Logistics Encyclopedia
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Comprehensive Analysis of Export Express and Its Customs Declaration Process

Comprehensive Analysis of Export Express and Its Customs Declaration Process

Export express refers to the international shipping of documents and goods, categorized into documents, personal items, and merchandise. Different types of customs declaration forms, such as KJ1, KJ2, and KJ3, must be submitted based on the purpose of export. The customs process is simple, cost-effective, and allows for fast clearance. This process caters to the needs of e-commerce and overseas shopping, making rapid and efficient customs clearance a significant advantage for export express.

07/21/2025 Logistics Encyclopedia
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Comprehensive Analysis of Sea, Land, and Air Transport Advantages and Disadvantages

Comprehensive Analysis of Sea, Land, and Air Transport Advantages and Disadvantages

This article analyzes the advantages and disadvantages of three transportation modes: sea, land, and air. Sea freight is cost-effective and suitable for bulk goods, but it is slow and affected by natural conditions. Road transport offers flexibility but has higher unit costs. Rail transport is fast and has a high capacity, yet its fixed routes and heavy investment limit flexibility. Air freight is quick and highly secure, but it comes with a high price.

07/18/2025 Logistics Encyclopedia
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Common Issues And Solutions In The Consolidation Industry

Common Issues And Solutions In The Consolidation Industry

This presentation delves into common issues in the consolidation industry and their solutions, with a particular focus on the safe handling of dangerous goods in LCL shipments and the standard procedures for maritime exports. It emphasizes the importance of market demand, cost estimation, and the selection of transportation methods, as well as the role of digital tools in enhancing transportation efficiency, aiming to improve the professionalism and service quality of industry practitioners.

07/18/2025 Logistics Encyclopedia
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SF Expands Oversized Delivery Services in Zhaotong

SF Expands Oversized Delivery Services in Zhaotong

This guide provides a detailed overview of SF Express's large item delivery services in the Zhaotong area of Yunnan Province. It covers service details, delivery process, cost structure, frequently asked questions, and important considerations. The aim is to assist Zhaotong residents in sending large items more conveniently and efficiently. It explains how to use SF Express for oversized packages and freight within the Zhaotong region, ensuring a smooth and reliable shipping experience.

12/30/2025 Logistics Encyclopedia
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Global Airports Adopt Iatas IGOM to Boost Safety Efficiency

Global Airports Adopt Iatas IGOM to Boost Safety Efficiency

IGOM standardizes ground handling, reducing costs, losses, and training complexity. The new (2026) version updates passenger services, baggage handling, and aircraft safety. IATA facilitates efficient implementation. This standardization aims to streamline processes, improve safety protocols, and enhance the overall efficiency of ground handling operations within the aviation industry. By adhering to IATA standards and implementing IGOM guidelines, airlines and ground handling providers can achieve significant cost savings and minimize potential risks associated with ground operations.

12/30/2025 Logistics Encyclopedia
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Amazon US Sellers Face New Return Shipping Fees

Amazon US Sellers Face New Return Shipping Fees

Amazon US will implement new rules starting January 14th, requiring self-fulfilled sellers to bear the cost correction fees resulting from inaccurate return label information. Sellers should ensure the accuracy of product dimensions, weight, and return address, and promptly appeal any incorrect charges to reduce operating costs. This change aims to improve the accuracy of return labels and hold sellers accountable for providing correct information, ultimately impacting their financial responsibilities related to returns.

01/04/2026 Logistics
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