July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

Global shipping markets face sharp shifts this July, with European route rates hitting record highs due to capacity reallocation and port congestion, while US West Coast rates drop amid oversupply and weak demand. Carriers' pricing updates confirm this divergence, urging shippers and forwarders to monitor trends closely for upcoming volatility.

06/20/2025 Logistics
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Effectively Addressing Logistics Challenges During The Latin American Harvest Season To Ensure Fresh Products Reach The World

Effectively Addressing Logistics Challenges During The Latin American Harvest Season To Ensure Fresh Products Reach The World

During the harvest season in Latin America, there is a surge in transportation demand, making cold chain logistics crucial. Enhancing supply chain coordination through technology is key to strengthening market competitiveness. In the face of capacity pressures, companies must take effective measures to ensure the timely delivery of fresh products.

07/23/2025 Logistics
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Federal Government Revokes 17000 California Cdls Amid State Dispute

Federal Government Revokes 17000 California Cdls Amid State Dispute

The U.S. Department of Transportation's revocation of 17,000 non-resident CDLs in California has sparked a political dispute between the federal and state governments. This action could impact freight capacity in California and potentially nationwide, potentially leading to driver unemployment. The subsequent developments and consequences of this event warrant close attention.

01/07/2026 Logistics
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China Imports Best Practices to Avoid Demurrage Costs

China Imports Best Practices to Avoid Demurrage Costs

This article focuses on how freight forwarders can avoid demurrage charges during import unpacking operations. It provides a detailed analysis of key steps, including obtaining vessel and voyage information, scheduling pickup, handling customs inspections, and adhering to container weight limits. It also highlights special considerations such as unreliable vessel schedules in the Waigaoqiao port area. The aim is to help freight forwarding personnel improve operational efficiency and reduce operating costs by providing practical guidance on managing the import unpacking process and minimizing the risk of incurring costly demurrage fees.

Chong Hing Bank Supports Smes in Overseas Expansion

Chong Hing Bank Supports Smes in Overseas Expansion

This article details the advantages of a Chong Hing Bank corporate account in Hong Kong, including its low opening threshold, wide acceptance range, high transfer limits, convenient deposits and withdrawals, and support for multiple currencies. It also clearly explains the required documents, procedures, official fees, and online banking activation process. The aim is to help SMEs better understand and choose a suitable bank account to facilitate the expansion of their overseas business. This guide provides practical information for businesses looking to establish a presence and conduct cross-border transactions through a Hong Kong company.

Amazon Updates Seller Account Health Policy for Compliance

Amazon Updates Seller Account Health Policy for Compliance

Amazon has launched its new Account Health Rating (AHR) system, introducing a specific score to evaluate store health more precisely. Sellers need to pay attention to infringement and restricted product violations to avoid exceeding limits. The new retroactive mechanism requires sellers to self-inspect and resolve historical violations. Strategies include regular self-inspection, understanding the rules, establishing a compliance system, actively appealing, and strengthening employee training to ensure stable store operation. Focusing on these areas will help maintain a healthy account and avoid penalties under the new AHR system.

Lima Airport Transfer Tax Raises Airline Competition Fears

Lima Airport Transfer Tax Raises Airline Competition Fears

The implementation of an international transit tax at Lima Airport in Peru has drawn criticism from IATA, who argue it weakens the airport's competitiveness and limits growth. IATA urges the government and airport authorities to collaborate on sustainable alternatives that protect passenger interests, foster aviation development, and enhance Peru's connectivity and competitiveness. They believe the tax hinders the airport's ability to attract connecting flights and ultimately harms the Peruvian economy. Finding a viable solution is crucial for ensuring the long-term success of Lima Airport and the broader aviation industry in Peru.