Global Shipping Costs Surge Amid Hidden Fee Warnings

Global Shipping Costs Surge Amid Hidden Fee Warnings

This article provides an in-depth analysis of international express shipping cost composition, detailing explicit fees like base freight, fuel surcharge, and remote area surcharge. It also reveals common hidden fees such as customs duties, inspection fees, and return shipping fees. Furthermore, practical tips are offered to determine if a quote is truly 'all-inclusive,' helping you avoid potential pitfalls and make informed international express shipping choices. This guide empowers you to navigate the complexities of international shipping costs effectively.

02/12/2026 Logistics Encyclopedia
Read More
Singapore Airlines Halts Meizu Electronics Cargo

Singapore Airlines Halts Meizu Electronics Cargo

Singapore Airlines Cargo has issued an urgent notice, announcing the immediate suspension of accepting all electronic product shipments of the Meizu brand. This decision impacts foreign trade enterprises and freight forwarding companies, requiring them to promptly adjust their logistics plans and pay close attention to subsequent announcements. The suspension is likely due to safety or regulatory concerns surrounding Meizu products, and businesses relying on Singapore Airlines Cargo for Meizu shipments need to find alternative solutions to minimize disruption to their supply chains.

02/11/2026 Logistics
Read More
Shipping Firms Delay New Ships As Overcapacity Looms

Shipping Firms Delay New Ships As Overcapacity Looms

Facing pessimistic freight demand prospects, shipping companies are postponing new vessel deliveries to address overcapacity risks. Container accumulation exacerbates cost pressures, and supply-demand imbalances lead to a reversal of market fundamentals. Capacity reduction may alleviate some pressure, but long-term profitability prospects remain strained. Shipping companies need to respond prudently to navigate the cycle. The current situation highlights the challenges of managing capacity in a volatile market and the need for strategic adjustments to maintain competitiveness amidst fluctuating demand.

02/11/2026 Logistics Industry Insights
Read More
COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Shipping's "COSCO SAO PAULO" vessel reportedly caught fire and experienced container loss off the coast of South Africa, impacting the ZAX2 South Africa route and several partner shipping companies. The incident may lead to cargo loss and schedule delays. Insurance companies have issued claim notices. Foreign trade enterprises and freight forwarders should closely monitor the situation, strengthen risk prevention measures, and ensure supply chain stability. This incident highlights the importance of cargo insurance and proactive risk management in international shipping.

02/11/2026 Logistics
Read More
DHL Opens 4M Seattle Hub to Expand Global Shipping

DHL Opens 4M Seattle Hub to Expand Global Shipping

DHL has invested $4 million in a new service center in Seattle to enhance its international freight capabilities. This investment aims to meet the growing demands of local businesses for international trade and cross-border e-commerce. The new facility will provide faster and more convenient logistics services, improving the efficiency of global shipping for Seattle-based companies and supporting their expansion into international markets. The center will streamline processes and reduce transit times, ultimately benefiting businesses engaged in international commerce.

02/11/2026 Logistics
Read More
US Panel Proposes Deal to Avert Rail Strike Supply Chain Crisis

US Panel Proposes Deal to Avert Rail Strike Supply Chain Crisis

The U.S. Presidential Emergency Board has issued recommendations to resolve the labor dispute between Class I freight railroads and 12 rail unions, aiming to avert supply chain disruptions. The recommendations include wage increases and improved benefits. Both parties must reach an agreement by September 16th to avoid a potential strike. The outcome of these negotiations is critical for the U.S. and global supply chains, as a strike could severely impact the transportation of goods and exacerbate existing supply chain vulnerabilities.

02/11/2026 Logistics Industry Insights
Read More
US Trucking Industry Rebounds Strongly Postpandemic

US Trucking Industry Rebounds Strongly Postpandemic

The 'American Trucking Trends 2020' report reveals a robust US trucking industry in 2019, generating $791.7 billion in revenue and moving 11.84 billion tons of freight. The industry employed 7.95 million people. During the pandemic, trucking demonstrated resilience, ensuring supply chain continuity. The report looks at the impact of technological innovation and sustainable development on the industry, providing insights for seizing opportunities. It offers a comprehensive overview of the trucking sector's performance and future prospects in a rapidly changing landscape.

02/12/2026 Logistics Industry Insights
Read More
National Bank of Ethiopia Simplifies SWIFT Transfers with XE Guide

National Bank of Ethiopia Simplifies SWIFT Transfers with XE Guide

This article provides a detailed explanation of the National Bank of Ethiopia's SWIFT code, NBETETAAXXX, and demonstrates how to use the XE platform for secure and convenient cross-border transfers. XE offers real-time exchange rates, robust security measures, and excellent customer service, making it a smart choice for users. The article also includes a pre-transfer information checklist and frequently asked questions to help readers easily complete their international money transfers. It aims to simplify the process of sending money to or from Ethiopia using the SWIFT network and the XE platform.

09/03/2025 International Settlement
Read More
Guide to Secure SWIFT Transfers in Paraguay

Guide to Secure SWIFT Transfers in Paraguay

This article serves as a guide to finding SWIFT/BIC codes in Paraguay, highlighting their importance in international money transfers. It provides methods for locating codes, examples of major bank codes, potential consequences of errors, and ways to avoid them. The article also explains the difference between SWIFT/BIC codes and IBANs. Furthermore, it reminds readers to pay attention to transfer fees and exchange rates. The aim is to help readers conduct international money transfers safely and efficiently. It is a practical resource for anyone involved in sending or receiving money to or from Paraguay.

09/01/2025 International Settlement
Read More
Tariff Engineering Strategies Aim to Cut Costs and Raise Profits

Tariff Engineering Strategies Aim to Cut Costs and Raise Profits

Tariff engineering is a strategy that involves fine-tuning product design, materials, or functionality to qualify for lower tariff rates. It effectively reduces import costs and enhances product competitiveness. Tools like the Flexport Tariff Simulator enable businesses to analyze tariff implications in real-time, optimize product plans, and achieve profit growth. By strategically modifying products to fit within more favorable tariff classifications, companies can significantly lower their overall landed costs and improve their market position. This proactive approach to tariff management is crucial for businesses engaged in international trade.

11/03/2025 Customs Knowledge
Read More