Congress Passes Bill to Prevent US Rail Strike Biden to Sign

Congress Passes Bill to Prevent US Rail Strike Biden to Sign

The US Senate passed legislation to avert a nationwide railroad shutdown, forcing rail workers to accept a labor agreement including a 24% wage increase and additional paid personal days. While a paid sick leave provision failed to pass, the move avoids a potentially devastating railroad strike that could have significantly harmed the US economy. President Biden is expected to sign the bill into law, preventing major economic disruption.

01/16/2026 Logistics
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Yellow Corp Bankruptcy Shakes LTL Trucking Industry

Yellow Corp Bankruptcy Shakes LTL Trucking Industry

The bankruptcy of Yellow Corporation has significantly impacted the US Less-than-Truckload (LTL) transportation market, leading to a redistribution of market share and fluctuating freight rates. Industry participants are actively responding, with carriers expanding capacity and shippers diversifying risk. The future market is expected to exhibit trends towards consolidation, technological advancement, differentiation, and sustainability. This event underscores the importance of adaptability and innovation in the face of industry disruption.

01/21/2026 Logistics Industry Insights
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Hutchison Port Holdings Group Achieves Significant Milestone with Container Throughput Exceeding 200 Million Teus

Hutchison Port Holdings Group Achieves Significant Milestone with Container Throughput Exceeding 200 Million Teus

Hutchison Port Holdings Group (HPH) recently announced that its total container throughput in Hong Kong has surpassed 200 million TEU, highlighting its industry-leading position. In the face of global economic challenges, HPH plans to invest $1.8 billion to enhance its equipment and operational standards. Although throughput data for Hong Kong's ports has fluctuated, the number of transshipment goods remains competitive. There is a need to accelerate terminal construction to meet the demands of super-sized cargo ships, ensuring the sustainable development of the industry.

07/21/2025 Logistics
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The Importance of Destination Port Agent Information on Bills of Lading in International Trade

The Importance of Destination Port Agent Information on Bills of Lading in International Trade

This article discusses whether the information about the destination port agent must be displayed on the bill of lading. It emphasizes the role of this information in the customs clearance and document exchange processes, as well as potential differences among bills of lading from various shipping companies. The article analyzes the validity of customer requests to change bill of lading information and the associated cost responsibilities. It suggests providing support through communication to ensure smooth customs clearance.

07/28/2025 Logistics Encyclopedia
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Guide to 40GP and 40HC Container Shipping Costs

Guide to 40GP and 40HC Container Shipping Costs

This article provides a detailed analysis of common 40GP/HC container type fee issues in freight forwarding, along with precautions for depot container pickup. It emphasizes the impact of container type, port, and seal on fees, and differentiates between the concepts of discharge port and delivery location to help freight forwarding professionals avoid pitfalls. The analysis covers various factors influencing costs and provides practical guidance for navigating the complexities of container handling and associated charges within the freight forwarding process.

08/23/2025 Logistics Encyclopedia
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Shanghai Simplifies Customs Clearance for Cargo Efficiency

Shanghai Simplifies Customs Clearance for Cargo Efficiency

This article provides a detailed interpretation of the customs transit and local customs declaration process for sealed goods at Shanghai Port. It emphasizes the specific requirement of customs declaration after the goods have entered the port. The necessary documents and operational details are listed to assist consolidated shipment operators in efficiently completing customs clearance. The guide aims to streamline the process and avoid potential delays by clarifying the unique aspects of Shanghai Port's procedures for sealed cargo undergoing transit and subsequent local declaration.

08/22/2025 Logistics Encyclopedia
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Guide to Mastering Doortodoor Freight Quotes for Beginners

Guide to Mastering Doortodoor Freight Quotes for Beginners

This article is designed for freight forwarding beginners, providing a detailed analysis of the components and calculation methods of door-to-door pricing, including origin port, sea/air/land freight, destination port, and other charges. By understanding the calculation methods and precautions for each cost, it helps freight forwarders quickly master door-to-door pricing skills and improve their business level. It covers key elements to consider when quoting door-to-door services, ensuring accuracy and competitiveness in the market.

08/22/2025 Logistics Encyclopedia
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