Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
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Shopify Vs Wordpress Key Ecommerce Platform Differences

Shopify Vs Wordpress Key Ecommerce Platform Differences

Shopify and WordPress are two leading choices for building e-commerce websites. Shopify is user-friendly, offering an all-in-one solution, making it ideal for beginners. WordPress is flexible and powerful, allowing for high customization, suitable for users with technical skills. The choice between the two platforms depends on your specific needs, technical expertise, and budget. Shopify provides a hosted solution, while WordPress requires self-hosting and more technical management.

01/06/2026 Logistics Encyclopedia
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Istanbul Airport Codes IST Vs LTFM Clarified

Istanbul Airport Codes IST Vs LTFM Clarified

This article provides a detailed explanation of Istanbul Airport's IATA code (IST) and ICAO code (LTFM), clarifying the differences and uses of these two codes. It also distinguishes between Istanbul's two airports. Furthermore, it supplements basic airport information and inquiry channels, aiming to help readers better understand Istanbul Airport and facilitate travel. It covers essential information for navigating Istanbul's aviation landscape and understanding the unique identifiers associated with its primary airport.

01/07/2026 Airport Codes
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FCA Terms Cut Costs Risks in International Trade Logistics

FCA Terms Cut Costs Risks in International Trade Logistics

This article analyzes the Free Carrier (FCA) Incoterm, covering its definition, delivery methods, advantages, differences from FOB, and supplements within Incoterms® 2020. It helps you control costs and mitigate risks in international trade transactions. Understanding FCA is crucial for determining responsibilities and liabilities between buyer and seller regarding delivery and transportation. The analysis provides practical insights for businesses involved in global commerce, enabling them to leverage FCA effectively for optimized logistics and minimized potential disputes.

11/03/2025 Logistics Encyclopedia
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Doortodoor Ocean Freight Hidden Costs Exposed

Doortodoor Ocean Freight Hidden Costs Exposed

International shipping with DDP simplifies cross-border transportation, but whether it includes final delivery to the destination needs careful verification. Businesses should clarify service terms, detailed costs, and liability allocation. Choosing a reputable freight forwarder and ensuring the service plan aligns with business needs is crucial to avoid unexpected expenses. Confirm the DDP service includes door-to-door delivery if that is a requirement. Thoroughly understanding the agreement prevents misunderstandings and ensures a smooth shipping process.

11/03/2025 Logistics Encyclopedia
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Air Freight Vs Express Shipping Comparing Cost and Efficiency

Air Freight Vs Express Shipping Comparing Cost and Efficiency

International air freight and international express both utilize air transportation, but differ in service models and applications. Air freight focuses on airport-to-airport bulk shipments, requiring independent customs clearance. Express services offer door-to-door small package delivery, providing faster transit times but at a higher cost. The optimal choice depends on factors like cargo weight, urgency of delivery, and customs clearance capabilities. Consider these elements to make an informed decision regarding the most suitable international shipping method.

11/03/2025 Logistics Encyclopedia
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Wildberries Raises Fees for Crossborder Sellers

Wildberries Raises Fees for Crossborder Sellers

Wildberries has increased the return fee for undelivered orders to 200 rubles and raised the security deposit for new sellers to 30,000 rubles. This aims to improve delivery efficiency and reduce fraud. Cross-border sellers need to optimize product listings, enhance customer service, improve logistics and delivery, and plan their finances to comply with the new regulations. These changes require careful consideration and adaptation by sellers operating on the Wildberries platform to maintain profitability and competitiveness.

11/03/2025 Logistics
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First Collective Contract for Courier Labor Protection Signed in Beijing

First Collective Contract for Courier Labor Protection Signed in Beijing

The Beijing Express Delivery Industry Trade Union Federation and the Municipal Express Association have signed the first collective labor protection contract. This contract aims to enhance the labor safety of couriers, improve working conditions, and provide necessary protective measures. Key aspects include strengthening employee training, providing protective equipment, and improving the work environment. This initiative offers legal protection for the rights of workers in the express delivery sector and promotes the positive development of the industry.

07/22/2025 Logistics
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Key Factors Influencing Global Shipping Delays

Key Factors Influencing Global Shipping Delays

International express delivery time is affected by factors such as transportation distance, service level, customs clearance, destination postal efficiency, and force majeure. It typically takes 3-14 business days. Choosing a reputable express company and understanding the destination's customs policies can help improve delivery time. Factors like peak seasons and unforeseen events can also cause delays. Tracking your package and communicating with the courier can provide updates and help resolve any issues that may arise during transit.

01/05/2026 Logistics
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Northeast Chinas Shipping Bottlenecks Strain Supply Chains

Northeast Chinas Shipping Bottlenecks Strain Supply Chains

Due to climate and geography, Northeast China express delivery faces unique restrictions. Fragile items, perishables, liquid cosmetics, and other potentially hazardous goods are often rejected. Choosing appropriate packaging, a reliable courier, and understanding the destination are crucial for successful delivery. Innovative shipping models are emerging for Northeast specialties, boosting local economic development. These models address the challenges of the region and provide solutions for businesses and individuals looking to ship goods to and from Northeast China.

01/05/2026 Logistics Encyclopedia
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