Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

Los Angeles Port Faces Doubledigit Cargo Decline Amid Tariffs

The Port of Los Angeles, the busiest import gateway in the US, anticipates a 10% drop in container volumes in the second half of the year. High inventory levels due to earlier front-loading, coupled with US tariffs increasing import prices, are forcing importers to alter procurement strategies. Larger companies are better equipped to adapt, while SMEs face challenges. Ultimately, tariff costs may be passed on to consumers. Businesses need to strengthen demand forecasting, diversify supply chains, and enhance technological innovation to navigate these changes.

01/08/2026 Logistics
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Mississippi River Drought Threatens US Supply Chains

Mississippi River Drought Threatens US Supply Chains

Drought conditions have lowered the Mississippi River to its lowest level in a decade, causing waterway closures, hundreds of stranded vessels, and hindered agricultural product transport, leading to soaring freight costs. Concurrently, US imports are projected to fall to a near two-year low, reflecting weakened demand and ongoing supply chain challenges. The combination of extreme weather events and slowing global demand is exacerbating economic uncertainty. The low water levels are severely impacting the ability to move goods along this vital waterway.

12/29/2025 Logistics
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Suez Canal Reopens Amid Global Supply Chain Challenges

Suez Canal Reopens Amid Global Supply Chain Challenges

The Suez Canal reopening eased some pressure, but the backlog of ships will impact global supply chains. Companies should pre-book slots, optimize transport routes, strengthen supply chain collaboration, and, in the long term, diversify, digitalize, regionalize, and green their operations to enhance resilience and address future challenges. The congestion caused by the incident highlights the fragility of global trade and the need for businesses to proactively manage potential disruptions to their supply networks. This proactive approach is crucial for mitigating risks and ensuring business continuity in an increasingly volatile global landscape.

01/19/2026 Logistics Industry Insights
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Arcbest Adopts Spacebased Pricing As LTL Costs Rise

Arcbest Adopts Spacebased Pricing As LTL Costs Rise

ArcBest's adoption of 'space-based pricing' in the LTL industry signals a shift towards more granular operations. This move aims to address the 'dimensional overload' issue caused by e-commerce, standardize industry practices, and improve transportation efficiency. Shippers need to focus on optimizing packaging to cope with cost pressures. The LTL industry may be entering a new era of transformation. This pricing model is designed to more accurately reflect the space occupied by shipments, leading to fairer pricing and potentially incentivizing more efficient packaging practices.

01/20/2026 Logistics Industry Insights
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Port of Virginia Boosts Capacity with 217M Crane Upgrade

Port of Virginia Boosts Capacity with 217M Crane Upgrade

The Port of Virginia is investing $217 million in automated stacking cranes to enhance throughput at Virginia International Gateway and Norfolk International Terminals, addressing the challenges posed by the Panama Canal expansion. This move signifies a trend towards port automation upgrades, promising increased efficiency, reduced costs, and a positive impact on the supply chain. The investment aims to modernize operations and solidify the Port of Virginia's position as a leading container port on the East Coast.

01/27/2026 Logistics
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Mexicochina Air Freight Times Key Factors Analyzed

Mexicochina Air Freight Times Key Factors Analyzed

This article provides an in-depth analysis of the time required for air freight from Mexico to China. It details influencing factors such as flight schedules, customs clearance procedures, destination airports, weather conditions, and peak/off-peak seasons. The study compares the transit time differences between direct flights and connecting routes. Furthermore, it addresses frequently asked questions, offering readers a comprehensive estimate and reference for air freight transit times. This information is crucial for businesses planning international shipments and managing expectations regarding delivery schedules.

01/26/2026 Logistics
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Top Airlines Compared for Best International Travel Routes

Top Airlines Compared for Best International Travel Routes

This article provides an in-depth analysis of the key routes offered by major airlines, helping readers understand the strategies and specialties of various carriers in both domestic and international markets. This information will enable you to make more informed decisions when selecting travel options.

09/16/2025 Airlines
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Insurance Deductibles Key Considerations for Policyholders

Insurance Deductibles Key Considerations for Policyholders

The deductible is an important concept in insurance policies, referring to the amount of loss that the policyholder must bear before the insurance company begins to pay. Choosing the right deductible not only affects the premium level but also impacts financial pressure during claims. Policyholders should make informed choices based on their personal budget and risk tolerance.

08/06/2025 Logistics Encyclopedia
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The Ultimate Guide to Choosing the Ideal Logistics Provider

The Ultimate Guide to Choosing the Ideal Logistics Provider

When choosing a logistics provider, it is essential to identify the origin and destination clearly by entering the correct city or county names. Users can filter logistics routes through the query function available on the website. Additionally, when selecting a logistics company, it is important to pay attention to key indicators such as network locations, service reviews, integrity guarantees, and order volume to ensure the quality and reliability of logistics services.

07/18/2025 Logistics
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