Guide to International Ocean Freight Terminology Unveiled

Guide to International Ocean Freight Terminology Unveiled

This article provides an in-depth analysis of the freight forwarder's role in international shipping, covering shipping operation processes, vessel operation processes, and key terminology such as S/O and Bill of Lading. It aims to help foreign trade professionals better understand the shipping process, improve communication efficiency, and ensure the safe and efficient transportation of goods, ultimately facilitating smooth foreign trade operations. The article focuses on providing practical knowledge to navigate the complexities of international sea freight.

11/03/2025 Logistics Encyclopedia
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Nigeria Customs Boosts Efficiency with Wcobacked HS Code Reform

Nigeria Customs Boosts Efficiency with Wcobacked HS Code Reform

The World Customs Organization (WCO), in collaboration with the European Union, held a high-level workshop in Nigeria to enhance the Nigeria Customs Service (NCS)'s expertise in Harmonized System (HS) coding. Through a combination of theoretical and practical training, the workshop aimed to improve the accuracy of customs officials in classifying goods, thereby promoting trade facilitation and injecting new vitality into Nigeria's economic development. This initiative is crucial for ensuring efficient customs procedures and boosting international trade competitiveness.

01/05/2026 Customs Knowledge
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Aviation Sector Advances Toward Netzero with CORSIA Momentum

Aviation Sector Advances Toward Netzero with CORSIA Momentum

The International Civil Aviation Organization (ICAO)'s CORSIA scheme aims to stabilize net CO2 emissions from international aviation. The program mandates airlines to offset their emissions growth and encourages states to supply eligible emission units. Currently, 129 states participate in CORSIA, with more ambitious emission reduction goals set. The aviation industry is committed to technological and operational improvements to achieve climate targets. CORSIA plays a crucial role in mitigating the environmental impact of air travel through carbon offsetting mechanisms.

01/08/2026 Logistics Industry Insights
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DSV Expands in Semiconductors and Latin America Via Acquisitions

DSV Expands in Semiconductors and Latin America Via Acquisitions

DSV's acquisitions of S&M and Global Diversity strengthen its semiconductor logistics business, expand its services in Latin America, and broaden its operations in the United States. These strategic moves enhance DSV's capabilities across air, sea, and land transportation, as well as warehousing solutions. The acquisitions position DSV to better serve the growing demands of the semiconductor industry and capitalize on opportunities in the Latin American market, while simultaneously solidifying its presence and service offerings within the US.

01/28/2026 Logistics
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DSV Expands into Semiconductors Latin America Via Acquisitions

DSV Expands into Semiconductors Latin America Via Acquisitions

DSV's acquisition of US-based S&M and Global Diversity strengthens its position in the semiconductor industry and expands its operations in North and Latin America. This strategic move optimizes cross-border services and enhances DSV's capabilities in handling specialized logistics needs within the semiconductor sector, particularly in the growing Latin American market. The acquisitions will allow DSV to offer more comprehensive and efficient solutions to its clients, further solidifying its global presence and expertise in complex supply chains.

01/28/2026 Logistics
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DSV Boosts Semiconductor Logistics and Latin America Operations Via Acquisitions

DSV Boosts Semiconductor Logistics and Latin America Operations Via Acquisitions

DSV's acquisition of S&M Moving Systems West and Global Diversity Logistics aims to strengthen its position in semiconductor logistics, expand cross-border services in Latin America, and optimize US operations. This move reflects the trends of specialization, regionalization, and digitalization within the logistics industry. The acquisitions are expected to enhance DSV's competitiveness in the global market by providing specialized expertise and expanding its geographical reach, particularly in the high-demand semiconductor sector and the growing Latin American market.

01/28/2026 Logistics
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DSV Expands US Logistics with Semiconductor and Crossborder Acquisitions

DSV Expands US Logistics with Semiconductor and Crossborder Acquisitions

DSV's acquisition of S&M and Global Diversity strengthens its semiconductor logistics, airport operations, and Latin American cross-border business. The acquisition expands DSV's presence in the US market and is expected to improve overall efficiency. The deal allows DSV to leverage the acquired companies' expertise and infrastructure to offer enhanced services in specialized areas like handling sensitive semiconductor equipment and navigating complex cross-border regulations, ultimately providing a more comprehensive and efficient logistics solution for its customers.

01/28/2026 Logistics
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Global Trade Faces Key Trends and Challenges SP Expert

Global Trade Faces Key Trends and Challenges SP Expert

Chris Rogers, Head of Supply Chain Research at S&P Global, provides insights into global trade trends on a Logistics Management podcast, covering the U.S. import outlook, peak season forecasts, inventory reduction, and US-China trade relations. He emphasizes the importance of businesses staying informed about market dynamics and flexibly adjusting their supply chain strategies. Rogers highlights the need for data-driven decision-making to navigate challenges and capitalize on opportunities in the evolving global trade landscape.

01/28/2026 Logistics Industry Insights
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Project44 Raises 420M to Boost Supply Chain Visibility

Project44 Raises 420M to Boost Supply Chain Visibility

Project44 has secured $420 million in funding, led by Thoma Bravo and TPG. This investment will fuel the company's global expansion and technological innovation, ultimately enhancing supply chain resilience and sustainability. The funding will be used to further develop Project44's platform, providing businesses with greater visibility and control over their supply chains. This move signifies the increasing importance of supply chain technology in today's complex and interconnected world, as companies strive for greater efficiency and transparency.

02/11/2026 Logistics
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US Import Decline Signals Potential Consumer Demand Slowdown

US Import Decline Signals Potential Consumer Demand Slowdown

S&P Global Market Intelligence reports that US imports declined for the 13th consecutive month in August. Weak consumer demand, poor performance in industrial goods, and retailers continuing to reduce inventories suggest a challenging fourth quarter. Experts highlight persistent weakness in consumer goods, including non-seasonal items, painting a concerning picture of the overall economic situation. The continued decline in imports, coupled with sluggish consumer spending, raises concerns about a potential economic slowdown in the US.

01/21/2026 Logistics Industry Insights
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