In 2023, Jiaxing Port achieved a remarkable container throughput of 1.089 million TEUs in the first 11 months, marking a 4.1% increase. Foreign trade containers grew by 7.8%. With the support of Dushan Wharf, the throughput at Dushan Port Area significantly increased by 76.8%. Additionally, the development of inland waterways has injected new vitality into container transportation, seeing an increase of over 100%.
The Port of Helsingborg, Sweden, achieved a 30% increase in yard capacity, a 50% reduction in container handling, and an 8% increase in total moves per hour by implementing the Kaleris N4 Terminal Operating System. This digital transformation not only improved port operational efficiency but also reduced fuel consumption. This case provides a valuable reference for the intelligent upgrading of ports globally.
XPO Logistics reported a record-breaking third-quarter revenue of $3.27 billion, a 22% year-over-year increase, significantly exceeding expectations. Adjusted EBITDA reached $307 million, a 15% increase year-over-year, also marking a record high for the third quarter and the fifth consecutive record-breaking quarter. XPO attributes its success to continuous improvements in technological innovation, customer-centricity, and operational efficiency.
This article provides an in-depth analysis of FOB Airport Price in international air freight, clarifying its price composition, risk transfer mechanisms, and the division of responsibilities between buyers and sellers. By comparing it with traditional FOB, the article highlights the unique application of FOB Airport Price in air freight trade. The aim is to help practitioners mitigate trade risks and ensure smooth transactions. It covers key aspects like price calculation, responsibilities of each party involved, and potential pitfalls to avoid when using this specific trade term.
Amazon arbitrage is a low-barrier-to-entry profit model that involves purchasing products at a lower price and selling them at a higher price on Amazon to earn the difference. The process includes setting up the environment, product selection, and purchasing and warehousing. Product selection is crucial, requiring attention to market demand, price differences, and competition. This model is easy to learn, highly flexible, and suitable for novice sellers to quickly get started and achieve profit growth. It allows sellers to capitalize on price discrepancies across different markets.
According to the Association of American Railroads, U.S. rail freight traffic experienced a slight increase in the week ending September 10th. Intermodal demand continues to grow, benefiting from rising fuel costs. Freight volume varied across different commodity categories, reflecting economic restructuring. Railroad companies need to increase infrastructure investment, optimize capacity allocation, strengthen talent development, and enhance technological innovation to address challenges, seize opportunities, and achieve sustainable development.
With the support of the Municipal Port Authority and Customs, Qingdao Airport has established an efficient 'air-to-air transfer' cargo system. By July, the throughput of international and domestic cargo and mail grew by 81%, achieving a 29.34% increase in domestic cargo volume and a 2.1% increase in international cargo volume. Qingdao Airport connects logistics companies through high-quality services, promoting the efficient development of air freight.
In 2024, the number of maritime and railway intermodal trains operating on the New Western Land-Sea Corridor exceeded 2,000, a year-on-year increase of 16.8%, supporting regional economic development. Guangxi Beibu Gulf International Port Group actively promotes the marine economy, leading to a significant increase in train transport demand. The goal is to operate 10,000 trains throughout the year, laying the foundation for facilitating a dual circulation market.
Hebei Province has made significant achievements in container throughput, reaching a total of 2.206 million TEUs by the end of November, a year-on-year increase of 34.8%. Huanghua Port has experienced the fastest growth, with an increase of 71.9%. The number of shipping routes has increased to 66, and the throughput is expected to exceed 2.4 million TEUs by the end of the year, setting a new historical record.
The truckload freight market experienced weakness at the end of the year, with declining freight volumes and a slight increase in freight rates failing to mask the overall downturn. Experts attribute this to weak demand and inventory buildup, leading to a disappointing peak season. Looking ahead, the market continues to face challenges. Logistics companies need to reduce costs and increase efficiency, expand their business, embrace technology, and strengthen cooperation to weather the winter.
