Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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Japans Real Wages Fall Sharply As Inflation Persists

Japans Real Wages Fall Sharply As Inflation Persists

Japan's real wages plummeted in November, marking the largest drop this year, highlighting the continued erosion of household purchasing power under inflationary pressure. The Bank of Japan faces a dilemma between raising interest rates and stimulating the economy, making the spring wage negotiations crucial. Experts suggest that the government, businesses, and the central bank should work together through flexible monetary policy, proactive fiscal policy, and structural reforms to address the challenges and achieve sustainable economic growth. The collaborative effort is seen as essential to navigate the current economic complexities.

01/30/2026 Exchange Rate Query
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IATA Enhances Travel Industry Automation with Global Database

IATA Enhances Travel Industry Automation with Global Database

GSS offers IATA agency database subscription services, including codes, accreditations, and other key information. This enables businesses to automate processes and expand their distribution reach. Various update frequencies are available to suit different needs. Comprehensive technical support is also provided to ensure a smooth integration and optimal utilization of the database.

01/20/2026 Logistics
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Banco Mercantil Expands Global Transfers Via SWIFT Network

Banco Mercantil Expands Global Transfers Via SWIFT Network

This article outlines how to make international remittances through Banco Mercantil Del Norte, providing the SWIFT codes for various bank branches. It discusses the advantages of using the Xe platform for transfers, including lower fees and faster transaction times. The importance of ensuring the accuracy of information is emphasized to avoid remittance delays.

08/22/2025 International Settlement
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Domestic Air Freight Guide Focuses on Speed Security

Domestic Air Freight Guide Focuses on Speed Security

This article provides an in-depth analysis of the meaning, main forms, characteristics, and role of domestic air freight forwarding services. As a crucial component of modern logistics, it connects markets and production with its fast, safe, and efficient attributes. Furthermore, it offers high-quality transportation solutions in special circumstances. Air freight forwarding plays a vital role in ensuring timely delivery and efficient supply chain management within the country.

09/26/2025 Logistics Encyclopedia
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International Freight Forwarding: The Core Role in Foreign Trade Transportation

International Freight Forwarding: The Core Role in Foreign Trade Transportation

International freight forwarding mainly refers to freight agents, who assist in export transportation by cooperating with carriers to ensure the safe and timely delivery of goods. Freight forwarding companies handle various services such as booking, trucking, and customs clearance, making them indispensable partners for foreign trade enterprises. Their role effectively simplifies foreign trade operations, making the entire transportation process smoother.

07/21/2025 Logistics Encyclopedia
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Dutch Fashion Brands Expand Direct Shipping Across Europe

Dutch Fashion Brands Expand Direct Shipping Across Europe

Struggling to get your hands on the latest European fashion trends? This article provides a detailed guide on how to directly ship Dutch clothing to China using forwarding companies. It covers various aspects, including choosing a forwarding company, account registration, address filling, package declaration, shipping fee payment, customs clearance, and delivery. It also answers frequently asked questions about direct shipping, helping you easily purchase Dutch fashion items online. Learn how to navigate the process and bring European style directly to your doorstep.

01/30/2026 Logistics Encyclopedia
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Shipping Agencies Play Key Role in Global Maritime Logistics

Shipping Agencies Play Key Role in Global Maritime Logistics

This article provides an in-depth analysis of the role and functions of shipping agencies, highlighting their crucial role as the 'general manager' for shipping companies. It details the differences between shipping agents and freight forwarders, emphasizing the importance of shipping agencies in the shipping value chain. Furthermore, it offers practical advice for readers on selecting the right shipping agency to help improve shipping efficiency. This guide aims to clarify the distinctions and benefits of utilizing a competent shipping agency.

09/26/2025 Logistics Encyclopedia
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Guide to Compliant Shipping of Mold Release Agents

Guide to Compliant Shipping of Mold Release Agents

This article provides a detailed interpretation of the key requirements for exporting mould release agents (especially Class 9 dangerous goods) by sea. It covers essential aspects such as MSDS documentation, dangerous goods packaging certificates, booking lead times, warehouse receiving deadlines, and packaging compliance. The aim is to offer a comprehensive compliance guide for relevant businesses, assisting them in completing their export operations safely and efficiently. This guide ensures adherence to regulations and minimizes potential risks associated with hazardous material transportation.

08/22/2025 Logistics Encyclopedia
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