Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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US Imports Shift As Tariffs Reshape Supply Chains

US Imports Shift As Tariffs Reshape Supply Chains

A Panjiva report indicates that US imports decreased month-over-month but increased year-over-year in August, significantly influenced by tariffs. Companies may be expediting shipments to avoid tariffs, reshaping supply chains. Natural disasters like hurricanes also contributed to the fluctuations. While the US economy's fundamentals remain strong in the long term, tariffs could ultimately impact global supply chains.

02/03/2026 Logistics Industry Insights
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Pohnpei Port An Important Maritime Hub and Urban Development in Micronesia

Pohnpei Port An Important Maritime Hub and Urban Development in Micronesia

Pohnpei Port is a vital maritime hub for the Federated States of Micronesia, located on the northern side of Pohnpei Island. The port features excellent natural protection and can accommodate vessels up to 160 meters in length, primarily focused on general cargo transportation. The construction and development of Pohnpei Port have a profound impact on promoting regional trade and local economies, with limitless potential for the future.

07/24/2025 Port Encyclopedia
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Faux Fur Gains Traction As Ethical Alternative in Luxury Fashion

Faux Fur Gains Traction As Ethical Alternative in Luxury Fashion

This article compares natural and artificial fur, analyzing the classification, application, and ethical considerations of fur under Chapter 43 of the Harmonized System (HS) Code. It aims to empower consumers to make informed choices and embrace sustainable fashion practices. The comparison highlights the differences in production, environmental impact, and animal welfare concerns associated with each type of fur, providing a comprehensive overview for responsible purchasing decisions.

01/19/2026 HS Code Query
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Exploring Sydney Harbour The Allure and Opportunities of the Worlds Best Natural Harbour

Exploring Sydney Harbour The Allure and Opportunities of the Worlds Best Natural Harbour

Sydney Harbour, also known as Jackson Bay, is a natural harbor located in New South Wales, Australia, covering 55 square kilometers. Renowned for its beautiful natural environment and significant role in international trade, the port features well-developed facilities and an annual throughput exceeding 25 million tons. It primarily exports wool and wheat, contributing to the global economy.

07/24/2025 Port Encyclopedia
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Global Trade Faces Rising Ocean Freight Challenges

Global Trade Faces Rising Ocean Freight Challenges

Sea freight is a crucial part of international trade, but its drawbacks, including transit time, impact of natural conditions, transportation risks, and port limitations, cannot be ignored. Businesses should mitigate risks, improve efficiency, and maximize profits by optimizing transportation plans, strengthening cargo packaging, purchasing transportation insurance, and selecting reliable logistics partners. These strategies help to overcome the challenges inherent in international shipping and ensure smoother, more profitable trade operations.

02/02/2026 Logistics Encyclopedia
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