Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

The outlook for the project transport market in 2025 is optimistic, with strong demand for project cargo leading to rising freight rates amidst tight supply. Project transport charter rates are expected to increase by 10-20%, while general cargo rates may rise by 1-7%. The global trade environment continues to be influenced by geopolitical factors and the U.S. election, therefore, it is essential to keep an eye on industry dynamics.

Memphis Airport Enhances Cargo Clearance and Warehousing Services

Memphis Airport Enhances Cargo Clearance and Warehousing Services

Memphis International Airport is a global freight hub, connecting North America, South America, Europe, and Asia through its advantageous geographic location and efficient logistics capabilities. As a FedEx super hub, the airport handles 4.3 million tons of cargo annually, providing rapid customs clearance and convenient warehousing services, making it a vital choice for cross-border e-commerce and logistics.

08/05/2025 Logistics
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South Africa Transport New Regulations RCG Declaration to Be Officially Implemented to Support Customs Compliance Management

South Africa Transport New Regulations RCG Declaration to Be Officially Implemented to Support Customs Compliance Management

The South African Revenue Service announces that the Transport and Cargo Declaration (RCG) will be implemented starting August 1. Shippers are required to declare to South African Customs 24 hours prior to transportation. The new regulations aim to enhance compliance efficiency and mandate detailed information to be filled in both the master and house waybills.

07/24/2025 Logistics
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Exploring Porto Grande An Overview of Cape Verdes Vital Maritime Hub

Exploring Porto Grande An Overview of Cape Verdes Vital Maritime Hub

Grande Port is located on São Vicente Island in Cape Verde, just 455 kilometers from the west coast of Africa, serving as a key maritime hub. The port features 11 cargo berths and 3 ferry berths, handling 2,280 vessels and 652,000 tons of cargo annually. It primarily imports fuel and exports local specialty products, highlighting its crucial role in international trade.