HMM Sale 68B Deal to Transform Global Shipping Industry

HMM Sale 68B Deal to Transform Global Shipping Industry

HMM, the world's eighth-largest liner company, is up for sale again with an estimated value of $6.8 billion, drawing global attention to the shipping industry. The South Korean government's push to exit state-owned assets is the primary driver. HMM's substantial capacity, diversified business portfolio, and core competitiveness have attracted interest from multiple companies. This acquisition will profoundly impact the global shipping landscape, presenting both opportunities and challenges for shippers and freight forwarders. The final outcome remains to be seen.

01/15/2026 Logistics Industry Insights
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Guide to Cutting Shipping Costs for Bubble Goods

Guide to Cutting Shipping Costs for Bubble Goods

This article provides an in-depth analysis of the volumetric weight calculation formula for international express shipping. Addressing the high freight costs associated with bulky, lightweight goods, it offers optimization solutions from multiple perspectives, including packaging compression, channel selection, and billing strategies. The aim is to help cross-border e-commerce sellers and international trade professionals effectively reduce shipping costs and increase profit margins. By understanding and implementing these strategies, businesses can significantly improve their bottom line in the competitive global market.

01/15/2026 Logistics Encyclopedia
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Trucking Executives Prepare for Prolonged Demand Slump by 2026

Trucking Executives Prepare for Prolonged Demand Slump by 2026

Trucking executives are anxiously awaiting the new year, hoping that pent-up demand in 2026 will translate into higher freight rates, driving both truckload and less-than-truckload segments back to profitability. Macroeconomic conditions, fuel prices, labor costs, and environmental regulations are all creating operational pressures for the industry. Companies are actively adjusting their strategies to meet these challenges, but whether the industry can turn the corner remains uncertain. The industry faces a complex interplay of factors that will determine its financial future.

01/15/2026 Logistics Industry Insights
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Unions React to Union Pacificnorfolk Southern Merger Proposal

Unions React to Union Pacificnorfolk Southern Merger Proposal

The proposed $85 billion merger between Union Pacific and Norfolk Southern is under scrutiny, with labor unions expressing concerns about job security and fair treatment. The Surface Transportation Board (STB) will conduct a comprehensive review, balancing the interests of all stakeholders. The merger aims to enhance efficiency and improve service, with the anticipation of collaborative success and a new chapter in rail freight. The unions' perspective on job protection and equitable conditions will be a key factor in the STB's decision.

01/15/2026 Logistics
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Global Air Cargo Classes Streamline Logistics Cut Costs

Global Air Cargo Classes Streamline Logistics Cut Costs

This article provides an in-depth analysis of international air freight cargo classes, explaining their classification standards based on transportation priority, cargo hold type, and cargo attributes. The aim is to help cargo owners optimize logistics plans, reduce costs, and ensure the safe and timely delivery of goods. By understanding the nuances of cargo classes, shippers can make informed decisions to select the most suitable option for their specific needs, ultimately improving efficiency and minimizing potential delays or damages during transit.

01/15/2026 Logistics Encyclopedia
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Yantian Port to US West Coast Shipping Times Explained

Yantian Port to US West Coast Shipping Times Explained

This paper delves into the shipping time from Yantian Port to the US West Coast. It compares the time differences between Zim's expedited service, OA Alliance's expedited service, and regular ocean freight vessels. The analysis identifies key factors influencing shipping time, aiming to assist businesses in selecting the appropriate transportation method, optimizing supply chain management, and reducing logistics costs. The comparison provides insights into the trade-offs between speed and cost for different shipping options from Yantian to the US West Coast.

01/15/2026 Logistics
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Guide to Streamlining Customs Clearance at Chinas Yangshan Port

Guide to Streamlining Customs Clearance at Chinas Yangshan Port

This article provides an in-depth analysis of the consolidated customs clearance process at Yangshan Port, with a focus on the "Secondary Release" mechanism. It offers practical operational guidelines to help navigate special circumstances such as customs system downtime and missing EDI information. Furthermore, it provides professional advice on common issues like chemical classification and HS code inquiries, aiming to assist foreign trade enterprises in achieving efficient customs clearance. This guide helps streamline operations and avoid delays, ensuring smooth import/export processes through Yangshan Port.

08/21/2025 Customs Knowledge
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Exporters Urged to Optimize Container Booking to Ease Port Congestion

Exporters Urged to Optimize Container Booking to Ease Port Congestion

This article focuses on the container release process in foreign trade export. It details how to rationally schedule container release time based on factors such as the validity period of the shipping company's equipment interchange receipt, container loading time, and shipping schedule to avoid the risk of exceeding storage capacity. It also explains the container release operation process and precautions, and answers frequently asked questions. The aim is to help foreign trade practitioners efficiently arrange container release and ensure the smooth shipment of goods.

08/22/2025 Logistics Encyclopedia
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Customs Brokerage Key Roles of Declarants Enterprises and Brokers

Customs Brokerage Key Roles of Declarants Enterprises and Brokers

This article provides an in-depth analysis of the conceptual differences between Customs Declaration Units, Customs Brokerage Enterprises, and Customs Brokers, clarifying their respective definitions and business scopes. Through case studies and methods for querying customs registration information, it helps readers identify different types of customs declaration service providers. Furthermore, it offers suggestions for selecting suitable customs partners, aiming to provide professional guidance for import and export trading companies. The article focuses on understanding the nuances of each entity to facilitate informed decision-making in international trade.

09/26/2025 Customs Knowledge
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Chinas Shekou Port Expands As Key South China Shipping Hub

Chinas Shekou Port Expands As Key South China Shipping Hub

Shekou Port, a core port in South China, provides efficient and convenient maritime solutions thanks to its strategic location, robust infrastructure, and professional services. Whether it's breakbulk or containerized cargo, Shekou Port caters to diverse customer needs, helping businesses achieve greater success in the South China market and globally. Its capabilities support seamless import and export operations, ensuring reliable and timely delivery for a wide range of industries. The port's commitment to innovation and customer satisfaction makes it a key player in the maritime logistics landscape.

09/29/2025 Port Encyclopedia
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