Shipping Industry Year-end Peak Season Approaches, Signs of Short-term Recovery Emerging

Shipping Industry Year-end Peak Season Approaches, Signs of Short-term Recovery Emerging

In December, the shipping industry saw significant increases in shipment volume and freight rates due to the arrival of the year-end peak season. Factors such as suppliers working overtime, the depreciation of the yuan boosting profits, and falling oil prices stimulated the market. However, participants remain cautious about the industry's outlook for next year, as shipping companies continue to incur losses and structural issues persist, necessitating further observation of the overall situation.

12/31/2023 Logistics
Read More
Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.

WCO JICA Boost Pacific Island Customs Training

WCO JICA Boost Pacific Island Customs Training

The WCO-JICA MTP project empowers Pacific Island customs administrations by developing local trainers and regional training materials to enhance customs capabilities. The third working group activity was held in Fiji, focusing on strengthening regional collaboration and ensuring sustainable capacity building within the customs administrations of the Pacific Island countries. The project aims to improve customs efficiency and effectiveness through tailored training programs and resources, ultimately contributing to economic growth and security in the region.

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia Modernizes Customs Tariffs to Meet Global Norms

Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.

Ebay Sellers Gain Edge with Proven Promotion Strategies

Ebay Sellers Gain Edge with Proven Promotion Strategies

This article provides an in-depth analysis of two core promotion tools on the eBay platform: Promoted Listings and Brand Ads. It details their working principles, charging models, target audiences, and operational steps. The aim is to help sellers choose the most suitable promotion method based on their store's specific circumstances, enhance product visibility and brand influence, and ultimately achieve sales growth. This guide offers practical insights for maximizing the effectiveness of eBay's advertising options.

Patent Disputes Rise in Chemicalfree Lice Treatment Market

Patent Disputes Rise in Chemicalfree Lice Treatment Market

This paper analyzes the working principle of the V-Comb lice comb and, based on global invention patent WO2017219074A1, warns relevant companies or individuals of potential patent infringement risks. It emphasizes that when pursuing innovation in head lice treatment, thorough patent searches and legal consultations are necessary to avoid infringement. The analysis aims to raise awareness of potential legal issues associated with similar products and encourage responsible innovation within the head lice treatment industry.

Global Customs Basel Convention Unite Against Illegal Waste Trade

Global Customs Basel Convention Unite Against Illegal Waste Trade

The World Customs Organization (WCO) is strengthening cooperation with the Basel Convention to combat environmental crimes such as the illegal cross-border trade in waste. This collaboration aims to enhance customs enforcement capabilities through developing training materials, utilizing online training platforms, strengthening networking, and conducting joint operations. By working together, the WCO and the Basel Convention seek to build a new landscape of global environmental governance and jointly safeguard the sustainable development of the planet.

Global Air Cargo Tightens Rules to Curb Lithium Battery Smuggling

Global Air Cargo Tightens Rules to Curb Lithium Battery Smuggling

Undeclared lithium batteries pose a significant threat to aviation safety. This paper delves into the causes and dangers of undeclared shipments, emphasizing the importance of ICAO and IATA regulations. It proposes collaborative strategies for shippers, freight forwarders, airlines, customs, and regulatory bodies to effectively prevent risks and ensure compliant lithium battery transportation. By working together, stakeholders can strengthen aviation safety and mitigate the dangers associated with undeclared lithium battery shipments in air cargo.

Aviation Sector Adopts Shoporderpay Standards for Efficiency

Aviation Sector Adopts Shoporderpay Standards for Efficiency

The Shop-Order-Pay Standards Board (SOPSB) is dedicated to managing and developing interaction standards for the aviation industry, covering areas such as fares, reservations, and payments. Through its various working groups, SOPSB is building an efficient, intelligent, and interconnected future for aviation. The aim is to improve efficiency, enhance user experience, foster innovation, and strengthen interoperability within the industry by establishing and promoting standardized interaction processes and encouraging collaborative efforts among industry stakeholders.

01/08/2026 Airlines
Read More
UPS Expands Airconditioned Fleet After Teamsters Deal

UPS Expands Airconditioned Fleet After Teamsters Deal

UPS is accelerating its agreement with the Teamsters union to equip vehicles with air conditioning. The plan includes retrofitting 5,000 existing vehicles with AC and testing cargo area cooling solutions. This initiative aims to improve working conditions for employees and enhance operational efficiency. Concurrently, UPS is restructuring its network and adjusting its approach to Amazon business to optimize profitability. These changes reflect UPS's commitment to both employee well-being and long-term financial health.

01/07/2026 Logistics
Read More