Major Shipping Firms Raise Rates Threatening Global Trade Costs

Major Shipping Firms Raise Rates Threatening Global Trade Costs

Several shipping companies have announced freight rate increases in late June, affecting routes to Europe, the Mediterranean, Africa, and South America. Companies like MSC, Maersk, Hapag-Lloyd, and CMA CGM are adjusting FAK rates and adding PSS surcharges. Businesses should plan ahead, optimize inventory, explore alternative solutions, and negotiate with customers to mitigate the impact of rising costs. This proactive approach is crucial for navigating the challenges posed by these freight rate adjustments and minimizing disruptions to the supply chain.

06/06/2025 Logistics
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Global Trade Faces Rising Risks of Cargo Loss Customs Delays

Global Trade Faces Rising Risks of Cargo Loss Customs Delays

International freight forwarders face the dual challenges of cargo loss and customs clearance delays. This paper analyzes the causes of these two risks and proposes corresponding strategies, including establishing a sound risk prevention system, ensuring the accuracy of declaration documents, and fully understanding the laws and regulations of the destination country. The aim is to help international freight forwarding companies effectively reduce risks and ensure smooth cargo transportation. The strategies provided can help mitigate potential issues and streamline the international shipping process.

01/05/2026 Logistics Encyclopedia
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Flexu Launches Expertled Global Trade and Logistics Training

Flexu Launches Expertled Global Trade and Logistics Training

FlexU, Flexport's online learning platform, offers global trade and logistics supply chain courses curated by industry experts. Topics include dangerous goods, air freight, bills of lading, cargo insurance, commodity classification, customs, demand planning, freight forwarding, and global trade elements. It aims to help practitioners and learners enhance their professional skills, master industry knowledge, and optimize supply chain management. The platform provides valuable resources for individuals seeking to advance their understanding and expertise in the dynamic field of global trade and logistics.

01/05/2026 Logistics Encyclopedia
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Global Shipping Costs Exposed Hidden Fees and How to Avoid Them

Global Shipping Costs Exposed Hidden Fees and How to Avoid Them

International small packet shipping costs are not simply 'weight x unit price,' but a combination of base freight and various hidden surcharges. This article reveals common 'pitfalls' such as volumetric weight, fuel surcharges, and remote area surcharges. It provides practical advice on avoiding risks and controlling costs, helping cross-border e-commerce sellers master shipping fees and improve profits. Understanding the complex freight structure and potential surcharges is crucial for accurate cost calculation and effective pricing strategies in international e-commerce.

12/31/2025 Logistics
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Uschina Tariff Relief Sparks Export Surge

Uschina Tariff Relief Sparks Export Surge

Tariff reductions between the US and China in 2025 present opportunities for foreign trade, but soaring ocean freight rates pose a significant challenge. This paper analyzes the reasons behind the freight rate hikes and provides strategic recommendations for foreign trade enterprises to cope with the difficulties. These recommendations include optimizing logistics strategies, implementing cost control and effective customer communication, and establishing long-term planning. By adopting these strategies, businesses can seize opportunities, mitigate risks, and navigate the current challenging environment.

01/04/2026 Logistics Industry Insights
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US Trucking Tonnage Drop Sparks Recession Fears

US Trucking Tonnage Drop Sparks Recession Fears

American Trucking Associations data shows the Freight Tonnage Index declined for the second consecutive month in April, with a year-over-year drop reaching a two-year high, reflecting a weakening goods economy. Analysts attribute this to shifts in consumption patterns, inventory adjustments, inflation, and geopolitical risks. Potential impacts such as falling freight rates, driver unemployment, and economic slowdown should not be ignored. Companies should closely monitor the macroeconomy, optimize operations, expand diversified businesses, strengthen risk management, and embrace technological innovation.

01/07/2026 Logistics
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Guide to Tracking SAS Scandinavian Airlines Cargo Shipments

Guide to Tracking SAS Scandinavian Airlines Cargo Shipments

This article provides a comprehensive analysis of the SAS Scandinavian Airlines cargo tracking process from a data analyst's perspective. It covers key aspects such as tracking number formats, real-time tracking, exception handling, and transit time estimation. Through detailed operational guidelines and case studies, this analysis aims to help users efficiently utilize SAS cargo services, achieve full control over air freight management, and improve logistics efficiency. The focus is on providing actionable insights for optimizing the air freight tracking experience.

01/07/2026 Airlines
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Beginners Guide to Essential Export Trade Terms

Beginners Guide to Essential Export Trade Terms

This article provides a comprehensive overview of core terminology in foreign trade, covering key aspects such as booking, freight, air freight, ports, and bills of lading. It aims to help newcomers quickly master the industry language, enhance their professional skills, and ultimately work more efficiently. By understanding these terms, individuals can reduce operating costs, mitigate potential risks, and achieve success in the foreign trade sector. This resource is designed to empower individuals to navigate the complexities of international trade with confidence.

12/29/2025 Logistics Encyclopedia
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Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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