Cross-border e-commerce is playing an increasingly important role in China's foreign trade, enhancing operational efficiency and aiding the transformation and development of small and medium-sized enterprises. With changing policy support and market demand, cross-border e-commerce is set to become a new driving force for promoting high-quality foreign trade development.
Stay updated on the real-time exchange rate from Moldovan Leu (MDL) to US Dollar (USD), as you can easily convert 50 MDL to approximately 2.95 USD. With the Xe app, you can design your currency exchanges, enjoy low-fee transfers, and set up rate alerts to navigate the foreign exchange market with ease.
The Chengdu air freight market is set to welcome the construction and operation of several new logistics projects, including the SF Express Western Air Freight Hub and the ZTO Express Southwest Headquarters. The completion of these projects will significantly enhance logistics efficiency, reduce transportation costs, and further consolidate Chengdu's position in the air logistics sector, aiding regional economic development.
Amazon's upcoming full management service is set to significantly impact the cross-border logistics industry. Traditional freight forwarding companies face the risk of reduced survival space as sellers shift towards Amazon's centralized logistics model. This new approach will affect the operation models and market positions of logistics providers, reshaping the competitive landscape in global e-commerce.
Air France has resumed direct flights from Beijing to Paris, operating one flight per week, with the entry point set in Tianjin. Additionally, flights between Shanghai and Paris have increased to two per week. Flight information includes various schedules and dates for travelers to choose from and plan their trips. All times are given in local time.
Amancio Ortega, the founder of Zara, has acquired a 49% stake in PD Ports through his investment company, marking a significant move in the infrastructure sector and showcasing his confidence in the port logistics industry. As a leading port company in the UK, PD Ports is set to benefit from this partnership, ushering in a new chapter of development.
CMA CGM and TotalEnergies have established a joint venture to create a liquefied natural gas (LNG) bunkering facility at the Port of Rotterdam, set to commence operations by the end of 2028. This initiative aims to support green shipping, and it is projected that by 2029, CMA CGM's LNG-powered fleet will expand to 123 vessels.
CMA CGM Group has announced a peak season surcharge on cargo transported from Northern Europe to the United States. The fee is set at $150 for a 20-foot container, and $300 for both 40-foot and 45-foot containers. Additionally, the charges vary depending on the type of container, prompting cargo owners to stay vigilant regarding these changes.
The shipping industries of India and the United States have decided to cancel the planned price increase notification set for August 1 due to uncertainties surrounding new tariffs. They will maintain current freight rates, a strategy aimed at balancing company profits with customer demand, in order to sustain stability and flexibility in a competitive market environment.
Safran is building a carbon brake production plant near Lyon, France, with an investment of €450 million, set to start operations by 2030. The new facility will utilize low-carbon electricity to achieve zero emissions and is expected to increase production by 25% by 2037. This project reflects the company's sustainable development strategy in the aviation manufacturing sector.
