Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
Read More
Cusco Airport Expands as Gateway to Peru's Tourism Hub

Cusco Airport Expands as Gateway to Peru's Tourism Hub

Cusco Airport (CUZ) is an important air hub in southeastern Peru, located near the city of Cusco. As the second-largest airport, it sits at an elevation of 3,310 meters with a 3,397-meter runway that supports both domestic and international flights. Cusco attracts tourists with its rich historical and cultural heritage, although international flights are limited, requiring most passengers to connect through Lima. The airport's busy flights link Cusco with cities like Lima and Arequipa, boosting the local economy.

07/29/2025 Airport Codes
Read More
SECOWCO GTFP Phase II Aims to Enhance Global Trade

SECOWCO GTFP Phase II Aims to Enhance Global Trade

The World Customs Organization (WCO) and the Swiss State Secretariat for Economic Affairs (SECO) officially launched the second phase of the Global Trade Facilitation Programme (GTFP). This initiative aims to build upon the achievements of the first phase, further promoting international trade development, strengthening customs organizational capacity, and fostering the application of international standards and best practices. It seeks to inject new vitality into global trade facilitation and contribute to the construction of an open, inclusive, balanced, and win-win global trade system.

01/05/2026 Customs Knowledge
Read More
Global Customs Network Boosts Cooperation During Pandemic

Global Customs Network Boosts Cooperation During Pandemic

The Regional Intelligence Liaison Office (RILO) network held its second virtual meeting to strengthen international cooperation during the pandemic. The meeting highlighted RILO's crucial role in data quality and combating illegal wildlife trade. Participants also discussed involvement in WCO meetings and preparations for the global RILO conference. Facing global challenges, the RILO network will continue to enhance cooperation and capabilities to contribute to global trade security and economic development. The focus remains on improving information sharing and coordinated efforts to address evolving threats.

12/30/2025 Customs Knowledge
Read More
Amazon Tightens Seller Account Reviews for Ecommerce Compliance

Amazon Tightens Seller Account Reviews for Ecommerce Compliance

Amazon's second review mechanism is upgraded, posing stricter scrutiny and account suspension risks for sellers. The lawsuit of major seller ZEBRA highlights the importance of compliant operations. Facing increasingly stringent policies, cross-border e-commerce sellers should proactively conduct self-checks, avoid violations, diversify their development, embrace compliance, and enhance competitiveness to move steadily forward in the fierce market competition. This includes ensuring product safety, accurate listings, and adherence to Amazon's policies to mitigate potential risks and maintain a healthy account standing.

01/04/2026 Logistics Industry Insights
Read More
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
Read More
Jdcoms Joybuy Suspends Crossborder Ecommerce Operations Again

Jdcoms Joybuy Suspends Crossborder Ecommerce Operations Again

The second shutdown of JD.com's Joybuy has sparked industry concerns, highlighting the challenges faced by cross-border e-commerce. Traffic bottlenecks, personnel changes, and profitability difficulties contributed to Joybuy's closure. Shopify's closure of Exchange Marketplace also reflects a trend of industry-wide cost reduction. Cross-border e-commerce presents both opportunities and challenges, requiring businesses to plan carefully and diversify risks. Companies need to adapt to the changing landscape and explore new strategies for sustainable growth in the competitive global market.

01/06/2026 Logistics Industry Insights
Read More
US Container Imports Surge Amid Tariffs Seasonal Demand

US Container Imports Surge Amid Tariffs Seasonal Demand

Descartes' report indicates that U.S. container imports in August reached the second-highest level in history, driven by tariff policies and seasonal demand. Although down month-over-month, imports remain above last year's levels and pre-pandemic figures. The report highlights the sensitivity to tariff policies and the trend of supply chain diversification, also noting changes in market share between East and West Coast ports. Looking ahead, the global economy, tariff policies, and technological innovation will continue to influence U.S. container imports.

01/07/2026 Logistics
Read More
Amazon Vendor Central Benefits Revealed in Firsthand Account

Amazon Vendor Central Benefits Revealed in Firsthand Account

This article reveals the drawbacks of using second-hand Amazon Vendor Central (VC) accounts and highlights the advantages of using a first-hand VC account. First-hand VC accounts offer benefits in fulfilling PO orders, implementing pricing strategies, and receiving operational support. Choosing a first-hand VC account is crucial for gaining a competitive edge in the Amazon marketplace. It ensures direct communication, reliable performance, and access to the latest features, ultimately contributing to a more stable and profitable Amazon business.

01/04/2026 Logistics Industry Insights
Read More
Palermo Airport Renamed to Honor Antimafia Heroes

Palermo Airport Renamed to Honor Antimafia Heroes

Palermo Airport (PMO), the second busiest airport in Sicily, is named in honor of an anti-Mafia hero. This article details the airport's location, infrastructure, route network, passenger and cargo traffic, and future development prospects. It highlights its importance as a key air gateway to Sicily and its contribution to the local economy and cultural exchange. The airport plays a vital role in connecting the island to the rest of Italy and the world, facilitating tourism and business travel, and supporting the region's overall growth.

09/26/2025 Airport Codes
Read More