Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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US Revamps Logistics Procurement Boosting 3PL Sector

US Revamps Logistics Procurement Boosting 3PL Sector

The U.S. Department of State is shifting from traditional logistics procurement to a 'collaborative contracting' model, presenting new opportunities for 3PL providers. This change emphasizes long-term partnerships and value creation, fostering innovation and shared risk. The State Department has announced a $2 billion logistics contract covering global embassy and consulate supply chain management. This requires 3PL companies to enhance comprehensive service capabilities, embrace technological innovation, and build cooperative relationships with the purchaser to jointly create value.

Ocean Freight Overcapacity Challenges Shippers and Carriers

Ocean Freight Overcapacity Challenges Shippers and Carriers

Against the backdrop of global overcapacity and homogenized carrier services, this paper delves into how supply chain managers can select suitable carriers, navigate the impact of shipping alliances, and address the challenges posed by slow steaming. It emphasizes key strategies such as diversifying carrier portfolios, strengthening data analytics capabilities, establishing strategic partnerships, optimizing inventory management, and embracing technological innovation. The aim is to assist businesses in breaking through supply chain challenges in an uncertain market environment.

US Shippers Warned Accurate HTS Codes Crucial for Ocean Bills

US Shippers Warned Accurate HTS Codes Crucial for Ocean Bills

This article delves into the significance of Customs Codes on US Ocean Bills of Lading. It explains the potentially severe consequences of omitting or incorrectly entering the Customs Code, including fines and delays. The article also provides practical advice on avoiding violations, emphasizing how importers can ensure compliant operations and avoid unnecessary losses. Accurate Customs Code information is crucial for smooth customs clearance and preventing penalties in international trade with the United States.

Oakland Port Boosts Meat Exports to Asia with Cold Chain Upgrade

Oakland Port Boosts Meat Exports to Asia with Cold Chain Upgrade

The Port of Auckland experienced a surge in meat exports to Asia during the pandemic, achieving market leadership thanks to forward-thinking cold chain investments. This success is attributed to rising Asian demand, advantageous geographic location, and optimized shipping schedules. This case highlights cold chain logistics as a crucial engine for future trade growth, necessitating proactive planning, continuous investment, a focus on customer needs, and collaborative partnerships. The port's strategic foresight allowed it to capitalize on emerging opportunities and solidify its position in the global meat export market.

02/03/2026 Logistics
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Lithuanias Klaipda Port Boosts Efficiency As Key Shipping Hub

Lithuanias Klaipda Port Boosts Efficiency As Key Shipping Hub

This article focuses on the Port of Klaipeda, Lithuania's main port, providing an in-depth analysis of the advantages of dedicated direct shipping lines, offering efficient and secure maritime solutions for businesses. It covers Klaipeda's cargo handling capacity, diversified services, and strategic geographical location. The article also details the key factors to consider when choosing a dedicated direct shipping line, aiming to help businesses optimize logistics processes and reduce transportation costs. This information is designed to enable companies to make informed decisions about their shipping strategies.

Long Beach Port Names New Leader Amid Growth Push

Long Beach Port Names New Leader Amid Growth Push

The Port of Long Beach is actively seeking a new leader to succeed Chris Lytle, who is departing. Al Moro, the acting Executive Director, will ensure a smooth transition. The port will collaborate with stakeholders to select a leader who can represent diverse interests and drive the port's continued growth. The Port remains committed to improving operational efficiency, optimizing supply chain management, and strengthening partnerships with global trade partners to achieve sustainable development. The selection process aims to identify a candidate capable of navigating future challenges and opportunities.

02/04/2026 Logistics
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Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Meike Home Furnishings Shifts Strategy Amid Plant Closures Tech Deal

Markor Home Furnishings, facing deteriorating business and financial conditions, announced the suspension of production at two subsidiaries in Tianjin. The company plans a strategic shift by acquiring optoelectronic company Wonder Tides through asset restructuring. This move reflects the trend of traditional furniture companies actively seeking new growth opportunities in the face of global trade changes and market competition, aiming to enhance sustainable business capabilities by entering the 'new quality productive forces' sector.

Prologis US Officials Push AI and Energy in Supply Chains

Prologis US Officials Push AI and Energy in Supply Chains

Prologis discussed the impact of energy and AI on the future of supply chains with the U.S. Secretary of the Interior. The importance of energy security was emphasized, along with Prologis' role in the energy transition, including the development of solar energy and data centers. They also discussed how to accelerate AI development and address energy bottlenecks by optimizing energy infrastructure. The conversation highlighted the intersection of energy strategy, AI factories, and the evolving landscape of global supply chains.

Amazon France Enforces Electronics Compliance by September

Amazon France Enforces Electronics Compliance by September

Amazon France is implementing new regulations starting in September, strictly reviewing the compliance of electronic and smart products. Non-compliant products risk being removed from the platform. This new rule stems from the French law regarding parental control on internet access devices, requiring relevant products to provide a Declaration of Conformity (DoC). Sellers need to promptly check their products, prepare compliance documents, and ensure the information is accurate and complete to avoid impacting sales on Amazon France.