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Dongguan Launches Trial Operation of China-europe Railway Express (guangdong-manzhouli-russia): Opening a New Logistics Channel

On September 25, 2023, the Dongguan Shilong officially launched the trial operation of the China-Europe Railway (Guangdong-Manzhouli-Russia), marking the opening of this international logistics channel. The train is expected to cover over 11,000 kilometers in just 15 days, linking trade between China and Russia. Since its operations began in 2013, the Shilong Logistics Center has continuously provided efficient logistical services for trade with Central Asia and Central Europe. The launch of this route will enhance the construction of the Sino-Russian trade industrial park and promote regional economic development.

09/26/2023 Logistics

Amazon Logistics Adjusts Expansion Strategy From Frenzy to Prudence

Amazon's recent logistics strategy has shifted from rapid expansion to a more cautious operational approach. Influenced by market demand fluctuations, inflation, and a slowdown in e-commerce growth, Amazon has closed several warehouses and scaled back its investments. These adjustments reflect Amazon's prudent attitude towards the future economic landscape. Nonetheless, it continues to invest in key areas to tackle challenges posed by competitors like Walmart and SHEIN.

09/24/2023 Logistics

Hong Kong Dragon Airlines Launches New Route from Shanghai Hongqiao to Hong Kong

Dragonair officially launched its new route from Shanghai Hongqiao Airport to Hong Kong on the 15th, featuring daily Airbus A330 flights that greatly facilitate traveler journeys. This initiative not only connects Hong Kong with the mainland flight network but also reinforces Dragonair's role as an important bridge between the mainland and Hong Kong, promoting economic and cultural exchanges and enhancing the travel options and service experience for passengers.

09/16/2023 Airlines

Analysis Of The Turning Point In The Air Freight Market From Supply-demand Imbalance To The Rise Of New Business Models

The air cargo market faces significant challenges due to weak demand and declining external demand impacting overall growth. However, the rise of cross-border e-commerce brings new driving forces to the industry. In the future, innovative policies and facility optimization will be necessary to adapt to market changes.

09/05/2023 Logistics

Fine Control of Inventory LCL Logistics Helps Businesses Balance Inventory Management

This article explores how LCL logistics helps businesses balance inventory management through five key advantages: precise control over shipping volumes, improved inventory turnover rates, enhanced flexibility and responsiveness, optimized costs, and support for just-in-time inventory management. By leveraging these advantages, companies can effectively respond to demand fluctuations, maximize resource utilization, and reduce overall operational costs, thereby gaining a competitive edge in a challenging market environment.

09/04/2023 Logistics

Successful Maiden Voyage of the Huangpu-incheon International Shipping Route and Logistics Efficiency Improvement

The inaugural flight of the 'Huangpu-Incheon' international route has improved logistics efficiency between China and South Korea, leading to a 28.5% year-on-year increase in container import and export volume.

08/07/2023 Logistics

Container Railway Express From Tianjin to Inner Mongolia Officially Set Sail Promoting New Mode of Public Transport to Rail

On August 1, 2023, the inaugural container train from Tianjin to Inner Mongolia officially set off, marking the launch of the 'New Port - Suji' service. This new route is expected to reduce road transport and increase the proportion of railway transport, potentially decreasing the use of 66,000 vehicles and lowering overall costs by 15%.

08/02/2023 Logistics

Customs Implements New Integrated Declaration Rules for Import and Export Goods A Transformative Journey Towards One-stop Clearance

Starting from August 1, customs has implemented a new integrated declaration mechanism for import and export goods, merging the customs declaration and inspection forms into a single new declaration. This reform aims to optimize the declaration process, increase customs clearance efficiency, and significantly reduce the workload and labor costs for enterprises, with an expected improvement in clearance speed of 20-30%. Additionally, customs has provided necessary training for businesses to ensure a smooth transition to the new system, ultimately enhancing their competitiveness and participation.

08/02/2023 Logistics

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights

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