According to a UPS report, the overload situation in ocean freight has prompted shippers to turn to air freight to address shipping delays. With a surge in logistics demand, UPS has seen significant growth in international parcel volumes and revenues, as customers place a higher emphasis on timely deliveries. Choosing air freight is set to become a new trend in modern shipping.
The surge in China-US ocean freight rates stems from pandemic-induced supply-demand imbalances, leading to reduced shipping capacity, port congestion, and surging demand. This intensifies cost pressures on exporters, drives up consumer prices, and disrupts supply chains. Mitigation strategies include increasing shipping capacity, optimizing port operations, strengthening international cooperation, and promoting digital transformation to stabilize the global trade chain.
Ocean shipping from Shenzhen to the United States covers approximately 13,000 kilometers and takes 3-4 weeks. Costs are influenced by various factors. Air and land transportation are also available options. Optimizing logistics management can improve efficiency and reduce costs. Considering different shipping methods and implementing effective strategies are crucial for managing the balance between cost and delivery time in China-US trade.
Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.
This article details the advantages, process, precautions, and FAQs of choosing LCL ocean freight for food exports to the USA. LCL significantly reduces shipping costs and offers flexible logistics solutions, with professional companies handling customs clearance, helping food exporters efficiently expand into the US market. It emphasizes food safety, compliance, and the preparation of necessary documents to ensure smooth customs clearance. LCL provides a cost-effective and accessible option for smaller food businesses aiming to reach American consumers.
This paper delves into the key factors influencing the time efficiency of ocean freight from the US to China, including route selection, port congestion, vessel type, and logistics operations. It provides reasonable time expectations and optimization suggestions to help businesses shorten transportation cycles and improve supply chain efficiency. The analysis aims to offer practical insights for streamlining the shipping process and mitigating potential delays, ultimately contributing to a more resilient and efficient supply chain between the US and China.
This article provides an in-depth analysis of five common ocean freight surcharges: ORC, LLA, HLA, GRI, and EBS. It examines their definitions, scope of application, and calculation methods. The aim is to help shippers understand ocean freight bills, effectively control logistics costs, and suggests maintaining communication with shipping companies or freight forwarders to stay informed about the latest fee standards. Understanding these surcharges is crucial for accurate budgeting and cost management in international trade.
This paper delves into the key factors influencing China-to-US ocean freight transit time, encompassing vessel type, route distance, port congestion, weather conditions, and customs clearance efficiency. It proposes strategies for optimizing transit time, such as accurately assessing time requirements, conducting cost-benefit analysis, employing port selection strategies, considering shipping company reputation, and leveraging technological tools. The aim is to assist businesses in enhancing logistics efficiency in China-US ocean freight.
This paper delves into the current surge in ocean freight rates from China to the United States, examining the underlying causes and highlighting the impact of port differentials on pricing. It forecasts future freight rate trends and offers practical strategies for businesses to mitigate ocean shipping costs. These strategies aim to help companies navigate the volatile market environment and achieve sustainable growth by optimizing their supply chain and minimizing expenses related to China-US trade.
Evergreen Marine has invested $3.25 billion to order 11 ultra-large LNG dual-fuel container ships, showcasing its foresight in the green transformation of shipping. In collaboration with Hanwha Ocean and Guangzhou Shipyard International, the company emphasizes environmental protection and economic efficiency.
