Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

The bankruptcy of Hanjin Shipping triggered massive claims of $800 million, revealing the fragility of the global supply chain. Terminal operators, shippers, and others suffered losses, leading to increased shipping prices and even impacting commercial real estate. This event serves as a warning for businesses to strengthen risk management and build more resilient, diversified supply chain systems. The industry also needs enhanced regulation to mitigate future disruptions and ensure stability in the face of potential shipping company failures.

01/19/2026 Logistics Industry Insights
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Global Shipping Bulk Vs Parcel Freight Choices

Global Shipping Bulk Vs Parcel Freight Choices

In international freight forwarding, bulk cargo and small parcel delivery differ significantly in processes, costs, and applicable scenarios. Bulk transportation requires meticulous operation and resource allocation, with a complex cost structure, suitable for B2B trade. Small parcel delivery is standardized and efficient, with transparent costs, ideal for cross-border e-commerce. Businesses should choose the appropriate mode based on their needs and can leverage platforms like Buyun.com for price comparison to control logistics costs.

11/03/2025 Logistics Encyclopedia
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Ecommerce Success Requires Time Debunking overnight Myths

Ecommerce Success Requires Time Debunking overnight Myths

This article reveals the reality of e-commerce entrepreneurship, debunking the myth of overnight riches. By analyzing the operational challenges faced by both large-scale sellers and small-to-medium-sized sellers, it highlights the importance of profit calculation, cost control, and refined operational strategies. The article emphasizes that e-commerce entrepreneurship requires a grounded approach, choosing a suitable 'small but beautiful' model, and adhering to principles of diligence, patience, hard work, and integrity.

02/12/2026 Logistics Industry Insights
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Russiabound Parcels Postal Vs Courier Services Compared

Russiabound Parcels Postal Vs Courier Services Compared

This article delves into the two main channels for international small packets to Russia: postal and commercial special lines. It compares their delivery time, price, and service, analyzing the influencing factors. It also provides accurate tracking methods and important considerations to help you choose the optimal logistics solution based on cargo type, time sensitivity, and budget. This guide aims to assist in selecting the most suitable option for shipping small parcels to Russia.

01/26/2026 Logistics
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Global Trade Tips Selecting Products for Efficient Shipping

Global Trade Tips Selecting Products for Efficient Shipping

Sea Freight DDP (Delivered Duty Paid) service simplifies international logistics and reduces costs, suitable for general cargo, electronics, small machinery, and handicrafts. It's particularly beneficial for small traders, cross-border e-commerce businesses, personal relocation, and emerging enterprises. Choosing the right service provider can effectively improve business efficiency and help companies gain an advantage in the international market. This all-inclusive service handles customs clearance and taxes, streamlining the import process and providing transparent pricing.

01/30/2026 Logistics Encyclopedia
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Beijing Airport Customs Clearance Guide for Export Returns

Beijing Airport Customs Clearance Guide for Export Returns

This article focuses on the issue of export returns, using Beijing Airport as an example. It elaborates on the operational procedures and precautions of export returns from ten aspects: analysis of return reasons, timeliness management, identification of trade methods, export tax rebate processing, subsequent cargo handling, document preparation, foreign exchange management regulations, special cargo declaration, terminal and warehousing selection, and customs broker selection. The aim is to help foreign trade companies efficiently and compliantly handle return matters and minimize losses.

02/21/2025 Customs Knowledge
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Australian Exporters Face Container Shortages Rising Costs

Australian Exporters Face Container Shortages Rising Costs

The current container export business to Australia faces multiple challenges, including booking difficulties, rising costs, and increased operational risks. Equipment shortages lead to booking problems, while rising THC (Terminal Handling Charges) increase operating costs for businesses. Inspection and storage fees are also uncertain. Companies should plan bookings in advance, avoid Bill of Lading amendment errors, and arrange cargo storage reasonably to cope with these challenges. Proactive planning and careful execution are crucial for mitigating risks and minimizing potential losses in this dynamic environment.

08/22/2025 Logistics Encyclopedia
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Maersk Loss Underscores VGM EDI Compliance in Shipping

Maersk Loss Underscores VGM EDI Compliance in Shipping

This article focuses on the Maersk general average incident and interprets the importance of the VGM regulation for container transport safety. It also analyzes the information discrepancies between EDI and terminal displays, as well as the potential problems caused by incorrect container numbers. The aim is to help freight forwarding companies better understand and respond to the VGM regulation, mitigating risks associated with inaccurate weight declarations and ensuring smoother cargo handling processes. Understanding these nuances is crucial for compliance and operational efficiency.

08/22/2025 Logistics Encyclopedia
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LAX Strengthens Role As West Coast Trade Hub

LAX Strengthens Role As West Coast Trade Hub

Los Angeles International Airport (LAX) is a crucial aviation hub on the US West Coast, connecting to numerous cities worldwide. This article provides a detailed overview of LAX, including its facilities, runway infrastructure, terminal layout, global route network, and cargo data. It highlights LAX's strengths as a significant air cargo hub, making it an ideal choice for freight forwarding companies looking to expand their global operations. The airport's strategic location and extensive network contribute to its importance in international trade and logistics.

09/26/2025 Airport Codes
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