United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.

US Challenges Chinas Shipbuilding Dominance in Industry Shift

US Challenges Chinas Shipbuilding Dominance in Industry Shift

The US government has issued an executive order aimed at suppressing Chinese shipping and revitalizing the US shipbuilding industry through measures such as levying port docking fees and strengthening fee collection. Whether this move will be effective and what impact it will have on the global maritime landscape remains to be seen. The policy's potential consequences for international trade and competition in the shipbuilding sector are significant and warrant close observation.

01/08/2026 Logistics
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Freight Logistics Faces Challenges and Opportunities Alixpartners

Freight Logistics Faces Challenges and Opportunities Alixpartners

In an interview, AlixPartners' Marc Iampieri delves into critical factors impacting the freight logistics industry, including peak season challenges, last-mile delivery investigations, port labor issues, interest rate fluctuations, freight rates, and tariffs. He emphasizes the need for companies to closely monitor market dynamics, flexibly adjust strategies, and continuously innovate to navigate challenges and seize opportunities. Adaptability and a proactive approach are crucial for success in this evolving landscape.

China Fines Nine Shenzhen Freight Firms Over GPS Safety Breaches

China Fines Nine Shenzhen Freight Firms Over GPS Safety Breaches

Shenzhen Port and Shipping Freight Bureau recently imposed maximum penalties on nine freight companies for GPS data issues, highlighting vulnerabilities in the industry's safety management. The companies were ordered to rectify issues such as uninstalled recorders and damaged interfaces, and their business operations were suspended. This incident serves as a warning to freight companies to prioritize safety production, strengthen safety measures like GPS monitoring, and ensure transportation safety.

01/19/2026 Logistics
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East Coast Gulf Ports Ratify Sixyear Labor Pact on Wages Automation

East Coast Gulf Ports Ratify Sixyear Labor Pact on Wages Automation

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have signed a new six-year contract covering 36 ports on the U.S. East and Gulf Coasts. The agreement guarantees record wage increases for dockworkers and provides effective protections against automation, averting potential supply chain disruptions and laying the groundwork for port modernization. The contract was overwhelmingly approved by ILA members and welcomed by the National Retail Federation (NRF).

01/21/2026 Logistics
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East Coast Gulf Ports Ratify Sixyear Labor Agreement

East Coast Gulf Ports Ratify Sixyear Labor Agreement

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) reached a new six-year agreement covering 36 ports on the US East and Gulf Coasts. The agreement includes record wage increases, automation protections, and improved healthcare benefits. While ensuring labor stability, it may also lead to increased costs and efficiency challenges. Continued cooperation and innovation will be necessary to enhance port competitiveness in the future.

01/21/2026 Logistics
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Maritime Shipping Guide for Hazardous Goods Declarations

Maritime Shipping Guide for Hazardous Goods Declarations

This article provides a detailed analysis of the maritime declaration process for dangerous goods sea freight exports. It clarifies the differences between cargo declaration and vessel declaration, outlines the specific steps of cargo declaration, emphasizes the importance of cut-off declaration for dangerous goods, and details the necessary documentation. Furthermore, it explains the connection between dangerous goods declaration and port customs clearance. The aim is to help businesses understand the critical aspects of dangerous goods sea freight exports, mitigate risks, and ensure the safe and compliant transportation of goods.

Global Air Freight Industry Faces Challenges Amid Rising Demand

Global Air Freight Industry Faces Challenges Amid Rising Demand

This article provides an in-depth analysis of the entire international air freight process, covering key stages such as pre-shipment preparation, quotation and booking, cargo warehousing, customs clearance and inspection, main transportation, destination port clearance, and final delivery. It details the operational points and precautions of each stage, aiming to help readers fully understand the operation mechanism of international air freight and ensure the safe and efficient delivery of goods. The goal is to provide a comprehensive overview of the process, from initial planning to final delivery.

COSCO SHIPPING Opens New East Chinacentral Asia Trade Route

COSCO SHIPPING Opens New East Chinacentral Asia Trade Route

The successful inaugural run of COSCO SHIPPING's "East China-Wuhan-Andijan" China-Central Asia Railway Express marks the full opening of a new cross-border transportation channel from East China to Central Asia. Leveraging the sea-rail intermodal advantages of Wuhan Port, this train provides a stable and controllable logistics route for the export of bulk commodities such as steel from East and Central China to Central Asia. It supports the opening-up of inland regions by offering a reliable transportation solution to facilitate trade between these areas and Central Asia.

01/15/2026 Logistics
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