Port of Long Beach A Comprehensive Analysis of Southern Californias Economic Engine and International Trade Hub

Port of Long Beach A Comprehensive Analysis of Southern Californias Economic Engine and International Trade Hub

The Port of Long Beach is the second busiest port in the United States, located in California. Spanning 3,200 acres and featuring 25 miles of coastline, it supports economic growth and employment in Southern California. The port plays a vital role in international trade, primarily handling petroleum, containers, and various bulk goods, continuously leading the competition among U.S. ports.

07/24/2025 Port Encyclopedia
Read More
Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

In the new customs declaration form, the definitions and reporting requirements for consignees, consignors, and production and sales units are crucial. The consignee and consignor must be legally registered entities, ensuring they are party to the foreign contract. In special cases, the contract executing entity must be specified. The production and sales unit must report the organization that actually participates in the production or sale of goods to ensure accurate information.

07/21/2025 Customs Knowledge
Read More
The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

This article analyzes the rise of freight apps in the logistics market and their impact on pricing, drivers, and companies. While freight apps provide convenience for users, they have not fundamentally addressed the issue of excess capacity leading to falling prices. Additionally, businesses and logistics companies still prefer to collaborate with familiar partners, and the role of information departments has not been replaced by apps.

07/18/2025 Logistics
Read More
COSCO Shipping Opens New Chinabrazil Trade Route

COSCO Shipping Opens New Chinabrazil Trade Route

COSCO Shipping has launched a weekly multipurpose route connecting major ports in China and Brazil. Leveraging the advantages of large pulp carriers, this route aims to meet the urgent shipping demands of customers on the east coast of South America, establishing a maritime fast track and promoting China-Brazil bilateral trade. The fastest transit time can reach 30 days. The service will improve the efficiency of transportation between the two countries.

11/03/2025 Logistics
Read More
Kerema Airport Expands Access to Papua New Guinea

Kerema Airport Expands Access to Papua New Guinea

Karema Airport is an important aerial hub in Papua New Guinea, offering convenient flight services. Located at 7 degrees 57 minutes 49 seconds south and 145 degrees 46 minutes 15.59 seconds east, the airport features modern facilities to ensure a comfortable travel experience for passengers. For more information, please visit its Wikipedia page.

08/08/2025 Airport Codes
Read More
Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

Oil Tanker Trade Shifts Amid Sanctions Energy Market Changes

The sanctions imposed by the U.S. and EU on Russian and Iranian oil and gas are reshaping the global tanker market. The aim of the sanctions is to weaken oil revenues, and while it is important to be cautious of short-term supply chain fluctuations, overall market gaps can be filled by other Middle Eastern countries. Additionally, the growing demand for second-hand vessels may help alleviate pressure on declining asset prices.

07/31/2025 Logistics Industry Insights
Read More
New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
Read More