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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Hong Kong Firms Gain Edge in Global Trade Experts Say

Hong Kong Firms Gain Edge in Global Trade Experts Say

This article details seven key advantages of registering a Hong Kong company, including a sound legal environment, freedom in company naming, low tax rates, no required paid-up registered capital, simplified company maintenance, highly flexible bank accounts, and a significant boost to brand image. It also outlines the conditions Mainland residents must meet and the detailed registration process. The aim is to help foreign trade enterprises better understand the benefits and procedures involved in Hong Kong company registration, facilitating their international trade endeavors.

01/04/2026 Customs Knowledge
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Future Geopolitics: The Rise of Logistics Controllers and the Reconstruction of Global Trade

Future Geopolitics: The Rise of Logistics Controllers and the Reconstruction of Global Trade

This article examines countries that rose to power by controlling trade systems throughout history, analyzing the impact of the integration of artificial intelligence and logistics technology on the global logistics framework. Future logistics leaders will play crucial roles on the international political stage, and the competition for dominance over logistics systems will be central to geopolitics.

07/18/2025 Logistics
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US Port Delays Strikes Disrupt Crossborder Ecommerce Shipments

US Port Delays Strikes Disrupt Crossborder Ecommerce Shipments

During the year-end peak season, cross-border sellers face multiple challenges including the risk of a US West Coast strike, Canadian port congestion, and Amazon warehouse overflow. Sellers should promptly adjust logistics and stocking plans, optimize inventory management, choose warehouses with better logistics conditions, and maintain communication with logistics providers and Amazon to ensure smooth logistics. This proactive approach is crucial for navigating the complex and volatile logistics landscape and mitigating potential disruptions to supply chains.

01/04/2026 Logistics
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Iceland Expands Regional Access with Sandskei Airport Development

Iceland Expands Regional Access with Sandskei Airport Development

Sandskeið Airport is a small airport located in Iceland at coordinates 64.0608°N and -21.5747°W. It features a 2578-foot long runway and communicates on a frequency of 119.9MHz, but lacks real-time weather data. Access to flight announcements requires a premium account. This small airport provides essential aviation services for exploring Iceland.

08/08/2025 Airport Codes
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Intense Competition in the Express Delivery Industry: The Rise of the Small Package Market and Response Strategies

Intense Competition in the Express Delivery Industry: The Rise of the Small Package Market and Response Strategies

The competition in the express delivery industry is becoming increasingly fierce, with major companies like SF Express, ZTO, YTO, and Jitu actively entering the fragmented order market to address the demand for high profit margins and reverse logistics. However, as market saturation intensifies, delivery personnel face significant pressure and declining income levels.

07/17/2025 Logistics
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An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

Logistics costs consist of three components: material circulation expenses, information processing expenses, and management expenses. When calculating logistics costs, it is essential to define the scope of logistics, the functions involved, and the accounting categories. These factors directly impact the scale of a company's logistics costs. Appropriate calculation conditions ensure the accuracy of the data, providing valuable support for enterprise decision-making.

07/17/2025 Logistics Encyclopedia
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Churchbridge Airport Emerges As Saskatchewans Hidden Aerial Hub

Churchbridge Airport Emerges As Saskatchewans Hidden Aerial Hub

Churchbridge Airport, located in Saskatchewan, Canada, features a 2,450-foot grass runway. Despite its small size and lack of weather observation services, the airport serves as an aviation gateway for the surrounding community, catering to small aircraft, personal users, and enthusiasts. Here, aviators can enjoy the thrill of flying, away from the hustle and bustle of commercial air travel.

08/04/2025 Airport Codes
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Vahitahi Airport French Polynesias Overlooked Air Gateway

Vahitahi Airport French Polynesias Overlooked Air Gateway

Vahitahi Airport, located in French Polynesia, serves as a small yet significant aviation hub. Although it does not provide METAR weather data or free NOTAM information, it connects travelers to the stunning landscapes of the islands. Exploring this airport is not only an exploration of local culture but also a reflection on the importance of small airports.

09/15/2025 Airport Codes
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Ida Grove Municipal Airport A Hidden Gem in Midwest Aviation

Ida Grove Municipal Airport A Hidden Gem in Midwest Aviation

Ida Grove Municipal Airport (KIDG) is a small airport located in Ida Grove, Iowa. Despite its modest facilities, the single 3,172-foot runway provides essential aviation services to the local community, supporting small aircraft takeoffs and landings. Notably, the airport does not offer real-time weather data, so pilots should ensure they obtain navigational advisories to ensure flight safety.

09/12/2025 Airport Codes
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