BYD, leveraging its strength in new energy vehicles, achieved sales of 41,570 units in 2023, becoming the top-selling Chinese brand in the Thai market. This represents a 53.8% year-over-year increase and places them fourth in the Thai light vehicle market. This accomplishment signifies a breakthrough for Chinese new energy vehicles in Thailand and may intensify competition within the Thai automotive market.
Freight forwarder user zoe333 reports difficulties for OT container trucks queuing to enter the port, citing delayed port information. Industry experts suggest potential causes include port operational bottlenecks, information transmission issues, and port congestion. Recommendations include strengthening communication and coordination, considering alternative ports or transportation methods, and enhancing port information infrastructure development.
The promotion of electric trucks in the logistics industry faces both challenges and opportunities. While sales are rapidly increasing, the lack of charging infrastructure for long-distance transportation poses the biggest obstacle. Technological innovation and policy support will drive the electrification process, indicating a green transformation for the future of the logistics industry.
Kinkiqi7's profile, though limited in information, highlights common pain points for novice freight forwarders through questions about Xiamen export processes and heavy container transport fleet cooperation. By examining these issues, newcomers to freight forwarding can gain insights into industry demands, learn from experience, and enhance their competitiveness. The questions reflect the challenges faced by new freight forwarders in understanding practical aspects of export and logistics.
North American Class 8 heavy truck orders experienced a significant decline in November, raising concerns about a potential demand inflection point. Experts attribute this downturn to a combination of factors, including seasonality, economic conditions, and excess capacity. Despite these challenges, opportunities remain in areas such as infrastructure development and e-commerce growth. Companies should closely monitor market trends and adapt flexibly to navigate this new market cycle.
China-Russia trade is growing at an astounding rate, projected to reach nearly $170 billion by the end of this year. Key drivers include energy cooperation, diversified commodity trade, and the increasing adoption of RMB settlement. Despite sanctions challenges, both countries are actively seeking new trade routes and aim to increase trade to $200 billion by 2024, contributing to global economic stability. They are working to overcome obstacles and strengthen their economic partnership in the face of external pressures.
Facing opportunities arising from the U.S. Trade Representative (USTR) tariff policy adjustments, how can businesses seize duty drawback benefits? North American customs compliance expert Ben Bidwell reveals the impact of USTR tariff policy changes, the potential for duty drawback amounts, the direction of China-U.S. tariffs, and the long-term effects of tariffs. He advises companies to proactively respond, grasp opportunities, strengthen cooperation with customs brokers and trade experts, enhance compliance levels, and reduce trade risks. This proactive approach is crucial for navigating the evolving trade landscape and maximizing potential benefits.
The FR container is a specially designed container primarily used for transporting oversized and heavy equipment, including super long, wide, and high cargo. Its design eliminates the top and side walls, allowing for greater flexibility and safety during transport. Alongside refrigerated containers and open-top containers, the FR container offers diverse options for the logistics industry, greatly facilitating the transportation of heavy machinery and large goods.
The article discusses the calculation methods for chargeable weight of air freight cargo, detailing the billing principles for heavy and light volumetric cargo. The chargeable weight for heavy cargo equals the actual weight, while light volumetric cargo uses a specific conversion ratio between volume and weight. It provides specific calculation formulas and considerations, aiming to help clients understand the cost structure and better manage their logistics budget.
This article compares bonded zones (duty-free areas for processing/re-export) and logistics parks (focused on storage, distribution, and multimodal transport). Both play vital roles in facilitating global trade through specialized functions.
