Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean recently announced an investment of $278 million to build four 4,300 TEU new container ships, currently selecting a shipyard through a bidding process. The company has also placed an order for four 2,700 TEU ships with Huangpu Wenchong, expected to be delivered in 2027. This initiative will enhance its global capacity and market competitiveness.

06/26/2025 Logistics
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Intermodal Transport Growth Halts After 25quarter Streak

Intermodal Transport Growth Halts After 25quarter Streak

The Intermodal Association of North America (IANA) reports the first decline in total intermodal volume after 25 consecutive quarters of growth. While domestic containers showed resilience, trailer volumes continued to decline, and international ISO container volumes fell more than expected. Companies should focus on the domestic container market, optimize transportation networks, strengthen collaboration with IMCs, monitor policy changes, diversify services, and embrace technological innovation to address market challenges and seize development opportunities.

01/19/2026 Logistics
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North American Intermodal Growth Rises on Domestic Container Demand

North American Intermodal Growth Rises on Domestic Container Demand

The Intermodal Association of North America (IANA) reports a 4.5% year-over-year increase in North American intermodal volume in Q1, with domestic container shipments leading the growth. Lower fuel costs, improved service, and railway investments are key drivers. Experts note that transloading and base effects also contribute. International container growth exceeded expectations, while trailer volume decline narrowed. Intermodal marketing companies saw revenue growth despite lower loadings. The outlook for the intermodal market is positive, suggesting opportunities for businesses to capitalize on the momentum.

01/29/2026 Logistics
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April Data Shows Mixed Results for Multimodal Transport Sector

April Data Shows Mixed Results for Multimodal Transport Sector

According to the Intermodal Association of North America, North American intermodal volume edged up just 0.2% in April, with divergent performance across segments. Trailer volume declined significantly, domestic containers remained weak, while international containers saw growth against the trend. Factors such as loose truck capacity, railway service adjustments, and trade frictions are impacting industry development. The report forecasts a full-year volume growth of 2%-3%. Companies need to optimize services and increase technology investment to meet the challenges.

01/29/2026 Logistics
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US Intermodal Decline Slows in September Signaling Recovery

US Intermodal Decline Slows in September Signaling Recovery

September data for the US intermodal market indicates a narrowing decline, with strong performance in domestic container business and a reduced drop in international container volumes, suggesting a potential market recovery. However, challenges such as economic weakness, high inventory levels, and increased competition persist, making the road to recovery a long and arduous one.

02/04/2026 Logistics
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Tax Policies and Market Growth for Oil Painting Canvas HS 5901901000

Tax Policies and Market Growth for Oil Painting Canvas HS 5901901000

The HS code 5901901000 represents oil canvas made from other textiles. This product has an export tax rate of 0% and benefits from a 13% rebate, while the import tax rate can reach up to 50%. Many countries enjoy a 0% tariff, facilitating market exchanges. Understanding the policies related to this code can help businesses seize opportunities.

AUD to CHF Rate Drops 595 in 2025 Amid Market Shifts

AUD to CHF Rate Drops 595 in 2025 Amid Market Shifts

On August 8, 2025, the exchange rate of the Australian dollar to the Swiss franc reached 0.526912, marking a significant decline of 5.95% compared to the previous year. Analyzing the fluctuations between the lowest and highest points reveals the substantial impact of global economic changes and market dynamics on the exchange rate.