Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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Crossborder Ecommerce Faces Rising Full Container Shipping Costs

Crossborder Ecommerce Faces Rising Full Container Shipping Costs

This article provides a detailed analysis of the 'port-to-port' cost structure for full container cross-border ocean shipping. It covers the breakdown of costs at both the port of origin and destination, as well as potential additional fees. This information is designed to help new sellers clarify their costs, enhance transportation efficiency, and maximize profit margins in cross-border logistics.

07/30/2025 Logistics Encyclopedia
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Global Container Shipping Rates Surge Amid Rising Demand

Global Container Shipping Rates Surge Amid Rising Demand

GRI (General Rate Increase) is a pricing adjustment mechanism used by ocean shipping companies that must be announced 30 days in advance according to U.S. regulations. The amount and implementation of GRI vary with market changes, significantly impacting transportation costs for businesses. Understanding the GRI mechanism can help companies better manage their shipping expenses.

08/05/2025 Logistics Encyclopedia
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Guide to 40GP and 40HC Container Shipping Costs

Guide to 40GP and 40HC Container Shipping Costs

This article provides a detailed analysis of common 40GP/HC container type fee issues in freight forwarding, along with precautions for depot container pickup. It emphasizes the impact of container type, port, and seal on fees, and differentiates between the concepts of discharge port and delivery location to help freight forwarding professionals avoid pitfalls. The analysis covers various factors influencing costs and provides practical guidance for navigating the complexities of container handling and associated charges within the freight forwarding process.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Shipping Order Vs Container Loading Notification

Freight Forwarding Shipping Order Vs Container Loading Notification

This article details the differences and connections between the 'Release Order' and 'Packing List' in foreign trade freight forwarding. The Release Order, issued by the shipping company or its agent, serves as the vehicle team's proof for picking up containers. The Packing List, on the other hand, is an instruction from the freight forwarder to the vehicle team for container loading, containing detailed packing information. These two documents work together to ensure the smooth shipment of goods.

08/23/2025 Logistics Encyclopedia
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