Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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New Handbook Aids Air Cargo Loss Prevention

New Handbook Aids Air Cargo Loss Prevention

The "Practical Handbook of Air Cargo Claims and Loss Prevention" is a practical guide to air cargo claim handling. It compiles laws, regulations, case studies, and industry expert experience, covering claim procedures, liability determination, amount calculation, and loss prevention. It aims to help readers efficiently handle claims, reduce the risk of cargo loss, and ensure business security. This handbook provides valuable insights into navigating the complexities of air cargo claims and implementing effective loss prevention strategies within the framework of IATA regulations.

12/30/2025 Logistics Encyclopedia
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Ebay Suspensions Reasons and Recovery Steps

Ebay Suspensions Reasons and Recovery Steps

eBay account suspension is a serious issue for sellers. This article analyzes three main reasons for account bans: substandard seller performance, frequent buyer disputes, and product violations. It also points out that appealing a suspended account is often difficult. Furthermore, the article provides practical advice on avoiding account suspension, emphasizing the importance of compliant operation. By understanding the rules and maintaining high standards, sellers can minimize the risk of account closure and ensure continued success on the eBay platform.

01/04/2026 Logistics Encyclopedia
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OAG Reports Steady Aviation Recovery Postpandemic

OAG Reports Steady Aviation Recovery Postpandemic

This OAG webinar brought together industry experts to discuss the recovery prospects of air travel in the post-pandemic era. Key topics included optimistic summer outlooks, Asian market recovery, business travel insights, and shifts in booking patterns. It provided valuable insights for industry professionals, covering crucial aspects of the evolving travel landscape and offering a comprehensive overview of the challenges and opportunities ahead. The webinar aimed to equip attendees with the knowledge needed to navigate the complexities of the recovering aviation market.

01/07/2026 Logistics Industry Insights
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Global Courier Firms Address Rising Package Loss Claims

Global Courier Firms Address Rising Package Loss Claims

Lost international delivery packages are a common challenge in cross-border logistics, making it crucial to understand their causes and responses. This article summarizes six core reasons and outlines a detailed claims process, offering effective risk management strategies to help foreign trade enterprises minimize losses and ensure safe delivery of packages.

08/08/2025 Logistics Encyclopedia
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Maersk Loss Underscores VGM EDI Compliance in Shipping

Maersk Loss Underscores VGM EDI Compliance in Shipping

This article focuses on the Maersk general average incident and interprets the importance of the VGM regulation for container transport safety. It also analyzes the information discrepancies between EDI and terminal displays, as well as the potential problems caused by incorrect container numbers. The aim is to help freight forwarding companies better understand and respond to the VGM regulation, mitigating risks associated with inaccurate weight declarations and ensuring smoother cargo handling processes. Understanding these nuances is crucial for compliance and operational efficiency.

08/22/2025 Logistics Encyclopedia
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Banks Boost Loss Management to Maximize Asset Value

Banks Boost Loss Management to Maximize Asset Value

This article explores how to effectively manage damaged goods in warehousing by establishing standardized processes and strategic disposal to maximize asset value. It aims to transform the traditional perception of damage from a consumption perspective to a value-creating approach.

07/31/2025 Warehousing
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Amazon Sellers Face Fee Errors Seek Loss Mitigation

Amazon Sellers Face Fee Errors Seek Loss Mitigation

Amazon fee calculation errors occur frequently, involving shipping fees, commissions, and more. Faced with complex charging mechanisms, sellers should regularly check invoices, pay attention to dimensional weight changes, and promptly file appeals, retaining relevant evidence. Utilizing data reports and seller communities can help better understand fee details and coping strategies, avoiding potential losses. Proactive monitoring and understanding of Amazon's fee structure are crucial for maintaining profitability and protecting seller rights.

01/06/2026 Logistics
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Caes Digital Push Drives Aviation Recovery Postpandemic

Caes Digital Push Drives Aviation Recovery Postpandemic

In the post-pandemic era, CAE has paved new opportunities for the aviation industry through digital transformation. By leveraging advanced technologies and collaborating with clients, it provides efficient training for pilots, contributing to the recovery and development of the industry.

08/07/2025 Airlines
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