Damco Reports Profit Surge Amid Market Challenges

Damco Reports Profit Surge Amid Market Challenges

Amidst challenging global freight market conditions, Damco achieved growth by leveraging operational excellence, precise market insights, and solid financial performance. Both ocean and air freight volumes significantly outperformed the market average, and EBIT improved substantially. With a customer-centric approach, Damco delivers global, customized logistics solutions, helping businesses reduce costs, improve efficiency, and achieve sustainable development. The company's focus on understanding specific customer needs and adapting its services accordingly contributed to its success.

02/03/2026 Logistics Industry Insights
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Red Sea Disruptions Challenge Crossborder Ecommerce Logistics

Red Sea Disruptions Challenge Crossborder Ecommerce Logistics

In early 2026, the cross-border e-commerce logistics market faces multiple challenges including overcapacity, weak demand, and geopolitical risks. Ocean freight rates are declining, while air freight capacity remains tight, and compliance costs are rising. Multimodal transportation models like the China-Europe Railway Express are crucial for businesses to mitigate risks and optimize costs. Companies need to strengthen compliance management and flexibly adjust transportation plans to ensure stable development amidst market volatility.

02/03/2026 Logistics Industry Insights
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US Shipping Crisis Soaring Costs and Delays Explained

US Shipping Crisis Soaring Costs and Delays Explained

US ocean freight is facing a double whammy of soaring freight rates and significant delays. This predicament is driven by a confluence of factors including the pandemic's impact, port congestion, surging demand, rising fuel costs, container shortages, and regulatory issues. Alleviating shipping delays hinges on multiple factors such as the pandemic's progression, labor force recovery, infrastructure improvements, and demand adjustments. The situation requires a multifaceted approach to stabilize and optimize the maritime supply chain.

02/02/2026 Logistics
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Global Shipping Guide Optimizes Port Operations Efficiency

Global Shipping Guide Optimizes Port Operations Efficiency

This article provides a detailed interpretation of the international shipping port collection process, covering both FCL (Full Container Load) and LCL (Less than Container Load) modes. It emphasizes crucial considerations during the process, such as the closing time, consistency of cargo information, VGM declaration, handling of special cargo, and cargo protection. The logical relationship between port collection, customs declaration, and closing time is also explained. The aim is to help foreign trade enterprises avoid risks associated with port collection and ensure the smooth loading of goods onto the vessel.

01/29/2026 Logistics Encyclopedia
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Perryville Airport KPV Guide Codes Clearance and Tools

Perryville Airport KPV Guide Codes Clearance and Tools

The Perryville Airport (KPV) air freight guide provides airport codes, customs clearance information, and practical tools to assist air freight operations. The West Coast Freight three-letter code query system covers global airport information, offering convenient search functionality. We also recommend practical tools such as air freight tracking and airline inquiries, making us your trusted air freight partner. This guide helps streamline your air cargo processes by providing essential information and resources in one place.

09/29/2025 Airport Codes
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Alaskas Kasigluk Airport Expands West Coast Freight Access

Alaskas Kasigluk Airport Expands West Coast Freight Access

This article provides an in-depth analysis of the three-letter code for Kasigluk Airport (KUK) and offers air freight operation guidance using the West Coast Freight network's query system. It highlights the West Coast Freight network's three-letter code search function, Pinyin initial search, customs airport identification, and the relationship between city codes and airport codes. Practical tools such as air freight tracking and airline inquiry are recommended to assist air freight professionals.

09/28/2025 Airport Codes
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Chinas Used Car Export Boom Compliance Challenges Rise

Chinas Used Car Export Boom Compliance Challenges Rise

This article details the necessary documentation, precautions, and risk mitigation strategies for used car exports. It covers verifying vehicle power type, brand registration and authorization, export license application, customs declaration form filling specifications, container loading precautions, and cooperation with customs inspections. The aim is to provide exporters with a comprehensive operational guide to ensure a compliant and efficient export process. By following these guidelines, exporters can minimize potential pitfalls and navigate the complexities of international trade effectively.

06/03/2024 Logistics Encyclopedia
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China Simplifies Export Customs Clearance Process

China Simplifies Export Customs Clearance Process

This article provides a detailed interpretation of the filling specifications for the export customs clearance form. It emphasizes the requirement for consistency with the export declaration information, including key fields such as the consignor, contract number, goods name, HS code, declared total value, and quantity. The aim is to help companies avoid customs clearance delays caused by information discrepancies and ensure the smooth export of goods. Maintaining accurate and consistent data is crucial for efficient export processes.

09/26/2025 Customs Knowledge
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Chinas 9610 Export Model Simplifies Crossborder Ecommerce

Chinas 9610 Export Model Simplifies Crossborder Ecommerce

This article provides an in-depth analysis of the 9610 export customs declaration model for cross-border e-commerce. Covering the definition, value proposition, operational procedures, tax rebate practices, and foreign exchange collection techniques, it offers comprehensive guidance to help cross-border e-commerce enterprises achieve efficient customs clearance, compliant operations, and profit growth. It aims to empower businesses to navigate the complexities of 9610 export and maximize their financial benefits within the cross-border e-commerce landscape.

01/23/2026 Customs Knowledge
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China Inland Market Opens with Direct Hong Kongchengdu Shipping

China Inland Market Opens with Direct Hong Kongchengdu Shipping

Hong Kong direct mail to Chengdu is an effective way to quickly enter the inland market. This article details the operational process of Hong Kong direct mail to Chengdu, including customs declaration, transportation, customs clearance, and delivery. It also answers frequently asked questions to help you efficiently tap into the inland market. This method offers speed and convenience for businesses looking to expand their reach within China, leveraging Hong Kong's established logistics infrastructure to access Chengdu's growing consumer base.

01/26/2026 Logistics Encyclopedia
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