Xiaomibacked Black Shark Struggles with Wage Delays Financial Woes

Xiaomibacked Black Shark Struggles with Wage Delays Financial Woes

Black Shark Technology, once a star 3C brand, is embroiled in a wage arrears crisis, drawing attention from the cross-border e-commerce community. This article analyzes Black Shark's journey from glory to decline, revealing its financing difficulties, large-scale layoffs, and wage arrears issues. It also explores the challenges facing its future development, serving as a warning to cross-border e-commerce sellers. The company's struggles highlight the volatile nature of the tech industry and the importance of sustainable business practices in a competitive global market.

01/04/2026 Logistics Industry Insights
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Amazon Top Seller Packable Files for Bankruptcy

Amazon Top Seller Packable Files for Bankruptcy

Top Amazon seller Packable is on the verge of bankruptcy due to failed financing, laying off over 20% of its workforce. Over-reliance on the Amazon platform, the fading pandemic dividend, a capital winter, and a strategic error of prioritizing expansion over profits are the main reasons for its downfall. This case serves as a warning to cross-border e-commerce sellers, highlighting the need for diversified channels, improved profitability, and optimized operating models. They need to focus on building sustainable businesses rather than chasing rapid growth.

12/30/2025 Logistics Industry Insights
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Sines Port Drives Portugals Global Trade Growth

Sines Port Drives Portugals Global Trade Growth

The Port of Sines is a crucial maritime hub on the southwestern coast of Portugal, renowned for its deep-water conditions, strategic location, and comprehensive port services. Operating 24/7 year-round, the port boasts several deep-water berths catering to diverse vessel types. While lacking ship repair and dry dock facilities, the Port of Sines plays a vital role in the European maritime system due to its efficient operational management and complete infrastructure. Its deep-water capacity allows it to handle large container ships and other vessels, making it a significant player in global trade.

09/29/2025 Port Encyclopedia
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Exploring Types and Functions of Ferries

Exploring Types and Functions of Ferries

Ferries are responsible for short-distance transportation between rivers, straits, and islands, classified into ordinary ferries and vehicular ferries. Ordinary ferries include strait and inland river ferries, while vehicular ferries are specifically designed for cars and trains. The design of automobile ferries features propulsion systems at both ends to facilitate docking and transport, with the wheelhouse positioned on one side to save space.

07/18/2025 Logistics Encyclopedia
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Transoceanic Cargo Safety Relies on Robust Hatch Covers

Transoceanic Cargo Safety Relies on Robust Hatch Covers

Hatch covers on international shipping container ships are a crucial barrier for ensuring cargo safety, preventing seawater ingress and protecting cargo and the ship's structure. This article introduces different types of hatch covers, including lift-away, rolling, folding, side-rolling, and roll-up types. It also analyzes the factors to consider when selecting a hatch cover, emphasizing the importance of proper selection and maintenance for maritime safety and cargo protection.

11/03/2025 Logistics Encyclopedia
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MSC Orders Lngfueled Ships to Strengthen Market Lead

MSC Orders Lngfueled Ships to Strengthen Market Lead

Mediterranean Shipping Company (MSC) has placed another significant order for 10 ultra-large container ships, surpassing its competitors' fleet capacity. This expansion not only solidifies its leading position in the industry but also demonstrates its strategic choice of LNG as a transitional fuel. MSC is rapidly expanding its global shipping footprint, promising a strong future.

11/03/2025 Logistics
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MSC Invests in Feeder Fleet Modernization Boosts Chinese Shipyards

MSC Invests in Feeder Fleet Modernization Boosts Chinese Shipyards

Mediterranean Shipping Company (MSC) has launched a historic modernization program for its feeder fleet, planning to invest billions of dollars to order 120 new ships between 2026 and 2029, primarily from Chinese shipyards. This initiative aims to replace aging vessels while reinforcing MSC's leadership position in the global shipping market.

07/30/2025 Logistics
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Panamax Carrier Grounded Near Suez Canal Sparks Shipping Concerns

Panamax Carrier Grounded Near Suez Canal Sparks Shipping Concerns

The Panamax bulk carrier "ALFAISALIAH" ran aground in the Sea of Marmara, Turkey. While it has been refloated, the incident may impact the Suez Canal route. Shippers with cargo transiting the canal are advised to closely monitor the situation and adjust their transportation plans accordingly to avoid potential losses. The grounding highlights the vulnerability of key shipping lanes and the potential for disruptions to global trade. Further updates will be provided as the situation evolves.

01/15/2026 Logistics
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Roro Ships Transform Oversized Cargo Shipping Globally

Roro Ships Transform Oversized Cargo Shipping Globally

Ro-Ro (Roll-on/Roll-off) ships are specialized vessels designed for loading and unloading cargo directly via vehicles. They offer advantages such as versatility, high loading/unloading efficiency, and adaptability, making them suitable for vehicles, large equipment, and project logistics. Despite limitations like lower cargo space utilization and higher construction costs, Ro-Ro ships remain an indispensable and significant component of international maritime transport. They play a vital role in facilitating the efficient movement of various types of cargo across the globe.

09/29/2025 Logistics Encyclopedia
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Maritime Shippers Urged to Avoid Demurrage With Timely NOR

Maritime Shippers Urged to Avoid Demurrage With Timely NOR

This article provides an in-depth analysis of the importance of Notice of Readiness (NOR) in maritime shipping, emphasizing the crucial role of accurate NOR submission in avoiding demurrage and improving operational efficiency. It details the timing, location, method, and essential content of NOR submission. Practical advice is offered to avoid common mistakes, helping businesses reduce costs and enhance competitiveness in maritime operations. The article highlights how proper NOR management contributes to smoother port operations and minimizes potential financial liabilities associated with vessel delays.

01/05/2026 Logistics Encyclopedia
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