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
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Shopee Enhances Logistics to Support Sellers During Peak Season

Shopee Enhances Logistics to Support Sellers During Peak Season

Shopee is upgrading its cross-border logistics services to help sellers succeed during peak season sales, enhancing efficiency and convenience. Sellers can optimize their shipping processes and improve logistics fulfillment efficiency by implementing strategies such as refined inventory management, rational warehouse layout, and timely shipping arrangements. Utilizing the First Mile Forecast feature further streamlines the shipping process and helps achieve order surge targets.

01/26/2026 Logistics
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Claval Cuts Logistics Costs Six Figures with Mobile Measurement

Claval Cuts Logistics Costs Six Figures with Mobile Measurement

Cla-Val modernized its shipping process by implementing MobileDemand's xDIM and xScale systems. This solution utilizes mobile dimensioning and photographic documentation to effectively reduce shipping errors, customer disputes, and carrier surcharges. The implementation saves the company over six figures annually and significantly improves shipping efficiency. By leveraging mobile measurement, Cla-Val achieved better logistics optimization and tighter cost control within their transportation operations.

01/15/2026 Logistics
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China Simplifies Export Customs Clearance Process

China Simplifies Export Customs Clearance Process

This article provides a detailed interpretation of the filling specifications for the export customs clearance form. It emphasizes the requirement for consistency with the export declaration information, including key fields such as the consignor, contract number, goods name, HS code, declared total value, and quantity. The aim is to help companies avoid customs clearance delays caused by information discrepancies and ensure the smooth export of goods. Maintaining accurate and consistent data is crucial for efficient export processes.

09/26/2025 Customs Knowledge
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China Clarifies Key Importexport Inspection Processes

China Clarifies Key Importexport Inspection Processes

This article uses a sales-oriented style to explain the common concepts of legal inspection, three inspections, and commercial inspection in import and export trade. Through clear definitions, case studies, and table summaries, it helps readers quickly understand the differences and connections between them, facilitating the smooth development of import and export business. It demystifies these processes, making them accessible to a wider audience and providing practical guidance for navigating the complexities of international trade compliance.

09/26/2025 Customs Knowledge
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China Eastern Starts Direct Shanghaicopenhagen Flights

China Eastern Starts Direct Shanghaicopenhagen Flights

China Eastern Airlines has launched a direct flight route between Shanghai and Copenhagen, operating three flights per week, increasing to four in September. The route utilizes the Airbus A330-200 aircraft, offering a comfortable two-class configuration. This initiative will strengthen tourism and business ties between China and Denmark, providing passengers with convenient connections to Asia, Australasia, and Europe. The inaugural flight ceremony was jointly celebrated by representatives from China Eastern Airlines, the Chinese Embassy, and airport management.

07/22/2025 Logistics
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China Debates Crossborder Ecommerce Holiday Rules

China Debates Crossborder Ecommerce Holiday Rules

Chinese New Year holiday arrangements vary greatly in the cross-border e-commerce industry. Banggood's controversial one-day holiday contrasts sharply with startups offering a generous 23-day break. The number of holiday days reflects corporate culture and business conditions. Reasonable holidays are crucial for both employee well-being and business success. The industry should prioritize employee welfare for sustainable development and growth.

01/05/2026 Logistics Industry Insights
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Malaysia and China Strengthen Cultural Ties

Malaysia and China Strengthen Cultural Ties

This article provides a detailed overview of the distance between Kuala Lumpur, Malaysia, and Beijing, China, along with various transportation options, estimated travel times, and important considerations. It aims to offer a comprehensive travel guide for Malaysian travelers planning a trip to Beijing, assisting them in better planning their itinerary and enjoying their journey. Information includes flight options, train routes (if applicable), and potential layover considerations to ensure a smooth and well-prepared travel experience.

02/02/2026 Logistics Encyclopedia
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