Understanding CBM A Crucial Metric in Global Freight

Understanding CBM A Crucial Metric in Global Freight

This article explains the concept of CBM (Cubic Meter), a commonly used volume measurement unit in international freight, and its application in air freight and LCL (Less than Container Load) shipping. Understanding how to calculate CBM helps shippers estimate transportation costs and optimize cargo packaging, thereby effectively reducing logistics expenses. It's crucial for efficient planning and cost management in global trade, enabling businesses to make informed decisions regarding shipment size and packaging strategies to minimize freight charges.

The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

This article explores the definitions of freight rates and shipping costs and their interrelationship. It indicates that the freight rate represents the price of transportation labor, which directly influences the supply and demand dynamics of the shipping market. In contrast, the shipping cost is the compensation paid by the shipper to the carrier for completing the transportation of goods. The calculation of shipping costs relies on the product of freight rates and transportation volume.

ATA Forecasts Steady Trucking Industry Growth Through 2035

ATA Forecasts Steady Trucking Industry Growth Through 2035

The American Trucking Associations forecasts that truck freight volume will reach 13.99 billion tons by 2035, accounting for 76.8% of the freight market share, with revenue projected to increase to $1.46 trillion. Trucking remains the dominant force, while other modes of transportation are also actively developing. This forecast provides a valuable reference for industry leaders and policymakers, highlighting the continued importance of trucking in the overall freight landscape and informing strategic decisions.

US Freight Forwarders Adapt to Carrier Alliance Shifts

US Freight Forwarders Adapt to Carrier Alliance Shifts

This article delves into the freight forwarder ratio strategies of US line carriers. Through data analysis, it reveals how major carriers like CMA, MSC, and MSK respond in different market environments. The article emphasizes that carriers should maintain a balance between freight forwarder and direct customer cargo volume, fine-tuning it according to market changes to achieve stable revenue growth. For freight forwarders, understanding carrier strategies and choosing appropriate partners is crucial for success in the US market.

Shippers Face Challenges in Freight Forwarding

Shippers Face Challenges in Freight Forwarding

This article provides a detailed explanation of common issues in freight forwarding, including customs inspection, cut-off times, refrigerated containers, and customer acquisition. It aims to help freight forwarders avoid potential pitfalls and improve their work efficiency. The article covers practical knowledge and experience related to cargo consolidation and offers tips to navigate challenges and prevent errors in logistics operations, ultimately leading to smoother and more successful freight forwarding processes.

Understanding Throughtransportation in International Air Freight

Understanding Throughtransportation in International Air Freight

This article delves into the concept of intermodal (transshipment) cargo in international air freight and distinguishes it from stopovers. Intermodal transportation involves multiple flights to complete the transfer to the destination, whereas a stopover occurs within a single flight. It is crucial to confirm the continuation approvals during the booking process, ensure the compatibility of cargo dimensions and weight, and understand the timing requirements to enhance transportation efficiency and safety.

Global Container Shipping Rates Drop Sharply Raising Industry Concerns

Global Container Shipping Rates Drop Sharply Raising Industry Concerns

Global container throughput is recovering, but freight rates are plummeting. The World Container Index (WCI) has fallen for six consecutive weeks, down 57% year-on-year. Transpacific route freight rates have decreased significantly, mainly due to slowing demand and tariff policies. Analysts predict that freight rates will continue to decline, and the shipping industry may face severe challenges. The dramatic drop in rates despite increased volume suggests underlying shifts in global trade dynamics and potential overcapacity in the shipping sector.

Global Shippers Optimize Costs with Volume Weight Billing

Global Shippers Optimize Costs with Volume Weight Billing

International express shipping for lightweight cargo typically charges based on the greater of the volumetric weight and actual weight. This article discusses the method of calculating volumetric weight and strategies for controlling costs, including packaging optimization, logistics channel selection, utilizing consolidation services, and supply chain optimization.

Trade Tensions Drive Spike in Shortterm Air Cargo Contracts

Trade Tensions Drive Spike in Shortterm Air Cargo Contracts

Escalating global trade tensions are fueling a surge in short-term contracts within the air freight market. Shippers and freight forwarders favor these agreements to mitigate tariff risks, leading to increased market volatility. Businesses need to closely monitor policy changes, flexibly adjust contract types, and strengthen supply chain management to navigate this uncertainty. The preference for short-term deals reflects a cautious approach amidst ongoing trade disputes, requiring agile strategies to adapt to the evolving landscape and potential disruptions.