This article analyzes the current exchange rate fluctuations between the US dollar and the Singapore dollar, noting that 5 USD can be exchanged for 6.42 SGD. It also discusses the importance of being aware of exchange rate volatility and available tools in currency transactions, which can aid in managing large remittances and reducing conversion costs.
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This article provides a detailed explanation of common local charges in sea freight at Dalian Port. It covers 15 charges, including Terminal Handling Charges (THC), port surcharges, security fees, and documentation fees, and offers reference prices. The aim is to help exporters clearly understand each cost item, avoid hidden costs, and reduce unnecessary expenses.
U.S. retailers are gradually adapting to the new normal of fluctuating tariff policies, focusing more on market information and supply-demand dynamics to optimize their import strategies and cost management. They enhance supply chain efficiency through effective communication and data analysis, actively responding to the uncertainty in trade.
In 2025, U.S. tariff policies present both challenges and opportunities for the plastic, paper, and metal markets. Experts note that the plastic industry is less exposed to trade issues, with enhanced domestic production capabilities. In contrast, the paper market is more affected by fluctuations in the global economy.
On July 15, SF Airlines launched the international freight route "Ezhou-Abu Dhabi-Hanoi-Ezhou," connecting the Middle East with Southeast Asia and promoting the growth of import/export trade and cross-border e-commerce. SF Vietnam strengthens its local presence to provide efficient logistics services to customers.
Tim Hotze, Senior Vice President of Target, shared the company's supply chain strategies at the SMC3 Connections conference, addressing uncertainties in global trade and tariffs. His insights included diversifying global sourcing, adopting flexible manufacturing strategies, and integrating transportation planning with product design, highlighting how to maintain competitiveness amidst changes.
This article delves into the HS code series 49, detailing the classification and export tax rates of various printed materials, including books, newspapers, children's picture books, and sheet music. It aims to help readers understand the important coding in global trade, thereby enhancing corporate competitiveness and market responsiveness.
This article discusses the importance of obtaining local information in international logistics, including route selection, cost arrangements, holiday planning, and final delivery deadlines. The provided streamlined logistics solutions effectively enhance supply chain management and guide businesses in mastering the latest market dynamics, thereby strengthening their competitiveness in international trade.
This article delves into the key trends in the current 3PL freight forwarding market, including shifts in the spot market, trade policy changes, regulatory adjustments, and enhanced market transparency. It focuses on the challenges freight forwarders face in a complex environment and the strategies they employ to adapt.
