US Air Freight Costs Surge Amid Rising Demand Capacity Crunch

US Air Freight Costs Surge Amid Rising Demand Capacity Crunch

Multiple factors including the pandemic, geopolitics, and economics are causing volatile and high air freight rates for US imports. Imbalances in supply and demand, rising operating costs, tight capacity, and exchange rate fluctuations are all contributing to increased costs. High prices are expected to persist in the near future. Importers should also pay close attention to the US import customs clearance process to ensure compliance and efficiency.

01/26/2026 Logistics Industry Insights
Read More
Mitsubishi Heavy Exits Shipbuilding Amid Industry Downturn

Mitsubishi Heavy Exits Shipbuilding Amid Industry Downturn

Mitsubishi Heavy Industries' reduction in shipbuilding reflects the challenges facing the shipping industry: overcapacity, weak demand, and low freight rates. Industry consolidation, technological upgrades, and strategic transformation are crucial for companies to navigate this crisis. Despite these challenges, the shipping industry holds significant opportunities driven by global economic development and emerging markets. Only by actively embracing change can companies overcome obstacles and achieve revitalization.

01/28/2026 Logistics Industry Insights
Read More
IMO Sulfur Cap Drives Global Supply Chain Shifts Toward Sustainability

IMO Sulfur Cap Drives Global Supply Chain Shifts Toward Sustainability

The upcoming IMO sulphur cap will significantly impact global supply chains. Aiming to reduce ship sulphur emissions and improve the environment, the regulation may also lead to higher freight rates. Supply chain managers should closely monitor policy developments, assess risks, collaborate with carriers, explore alternative solutions, and promote green procurement to address challenges and seize opportunities. Building a sustainable supply chain is crucial in this evolving landscape.

01/28/2026 Logistics
Read More
North American Class 8 Truck Orders Decline in July Amid Strong Demand

North American Class 8 Truck Orders Decline in July Amid Strong Demand

North American Class 8 truck orders in July decreased year-over-year and month-over-month, but remained within seasonal expectations. This decline represents a rational correction from previously strong demand and is not indicative of a market downturn. Factors such as economic conditions, freight volumes, fuel prices, interest rates, government regulations, and technological innovation collectively influence the market. The future presents both opportunities and challenges.

01/30/2026 Logistics
Read More
2026 Supply Chains Adapt to Federal Policy Changes

2026 Supply Chains Adapt to Federal Policy Changes

The logistics industry will face multiple challenges by 2026, including federal policies, technological changes, and fluctuating freight rates. Companies need to closely monitor policy trends, leverage technology, optimize supply chain networks, strengthen risk management, and establish strategic partnerships to break through uncertainty and win the future. Proactive adaptation and resilience are crucial for navigating this dynamic landscape and maintaining a competitive edge in the evolving logistics sector.

01/30/2026 Logistics
Read More
HS Code 49 Export Duty Rates Clarified for Printed Goods

HS Code 49 Export Duty Rates Clarified for Printed Goods

This article delves into the HS code series 49, detailing the classification and export tax rates of various printed materials, including books, newspapers, children's picture books, and sheet music. It aims to help readers understand the important coding in global trade, thereby enhancing corporate competitiveness and market responsiveness.

08/05/2025 HS Code Query
Read More
HS Codes Tax Rates Detailed for Paper Yarn Fabrics Trade

HS Codes Tax Rates Detailed for Paper Yarn Fabrics Trade

This article provides an in-depth analysis of the HS code for paper yarn woven fabrics (commodity code 5311002090) and related tax rate information, emphasizing the significance of this code in international trade. It covers key information such as export and import tax rates and trade agreement rates, aiming to assist businesses in better seizing market opportunities.

09/16/2025 HS Code Query
Read More
Euro to Danish Krone Exchange Rates Key for Travelers Businesses

Euro to Danish Krone Exchange Rates Key for Travelers Businesses

This article provides detailed information on the real-time exchange rate between the Euro and the Danish Krone, along with its economic significance, aiming to assist in business activities and travel planning. Currently, 1 Euro is approximately equivalent to 7.46 Danish Krone. Understanding these exchange rates can help readers make better decisions.

08/11/2025 Exchange Rate Query
Read More