DB Cargo: A Rail Freight Giant Seeking Revival Amid Challenges

DB Cargo: A Rail Freight Giant Seeking Revival Amid Challenges

DB Cargo is facing significant challenges in 2024, planning to lay off 5,000 employees to cope with a challenging market environment and pressure from the EU regarding financial support. The restructuring plan includes splitting into several independent divisions to improve operational efficiency. Despite facing substantial losses, the EU has approved €1.9 billion in state aid, offering hope for the company's transformation.

07/17/2025 Logistics
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Guide to Handling Lost Bills of Lading in Freight Forwarding

Guide to Handling Lost Bills of Lading in Freight Forwarding

This article discusses the handling of lost bills of lading in the freight forwarding industry, particularly the challenges faced during transit. Loss of a bill of lading can lead to compensation issues, typically requiring a guarantee deposit or a bank guarantee letter from the shipping company for reissue. It is also recommended that freight forwarders properly retain both original and duplicate copies of bills of lading to mitigate risks.

New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

The new international freight corridor between China, Mongolia, and Russia has officially opened, leveraging Guangxi's geographical advantage to connect ASEAN with Russia. During the inaugural trial run, refrigerated trucks commenced trade from Nanning to Ulan-Ude, facilitating the northward transport of southern produce and promoting new economic development in the region. This initiative injects vitality into the fruit trade between Guangxi and ASEAN, fostering the establishment of a new economic corridor.

07/28/2025 Logistics
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Tips to Avoid Lowcost Shipping Scams Pick Reliable Freight Forwarders

Tips to Avoid Lowcost Shipping Scams Pick Reliable Freight Forwarders

This article explores how to identify low-price traps in international shipping and the methods for selecting legitimate freight forwarders. It emphasizes the diversity of price traps and the necessity of qualifications and service terms of legitimate freight forwarders. Through clear standards and recommendations, it assists cargo owners in making informed choices in a complex market environment.

China Cuba Launch First Direct Freight Route to Expand Trade

China Cuba Launch First Direct Freight Route to Expand Trade

On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.

07/02/2025 Logistics
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