Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

The General Administration of Customs has signed a memorandum of cooperation with the Ningbo Shipping Exchange to promote the research of the Maritime Silk Road Trade Index and the Export Leading Index. This initiative aims to provide data support for small and medium-sized enterprises and government decision-making, while also aiding the research and analysis of the global trade situation.

07/24/2025 Logistics
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Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

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
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Cusco Airport Expands as Gateway to Peru's Tourism Hub

Cusco Airport Expands as Gateway to Peru's Tourism Hub

Cusco Airport (CUZ) is an important air hub in southeastern Peru, located near the city of Cusco. As the second-largest airport, it sits at an elevation of 3,310 meters with a 3,397-meter runway that supports both domestic and international flights. Cusco attracts tourists with its rich historical and cultural heritage, although international flights are limited, requiring most passengers to connect through Lima. The airport's busy flights link Cusco with cities like Lima and Arequipa, boosting the local economy.

07/29/2025 Airport Codes
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Korla Airport Emerges As Key Silk Road Aviation Hub

Korla Airport Emerges As Key Silk Road Aviation Hub

Korla Airport, the second largest airport in Xinjiang, plays a vital transportation hub role due to its strategic location and improving aviation services. This article delves into Korla Airport's strategic importance, development history, infrastructure construction, and route network. It showcases its strength and potential as a pearl on the Silk Road, and its future prospects as a regional aviation center. The airport's growth reflects the region's economic development and increasing connectivity, solidifying its position as a key gateway in Xinjiang.

09/26/2025 Airport Codes
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Key Freight Terms and Cargo Handling in Global Trade Explained

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

08/22/2025 Logistics Encyclopedia
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Amazon Tightens Seller Account Reviews for Ecommerce Compliance

Amazon Tightens Seller Account Reviews for Ecommerce Compliance

Amazon's second review mechanism is upgraded, posing stricter scrutiny and account suspension risks for sellers. The lawsuit of major seller ZEBRA highlights the importance of compliant operations. Facing increasingly stringent policies, cross-border e-commerce sellers should proactively conduct self-checks, avoid violations, diversify their development, embrace compliance, and enhance competitiveness to move steadily forward in the fierce market competition. This includes ensuring product safety, accurate listings, and adherence to Amazon's policies to mitigate potential risks and maintain a healthy account standing.

01/04/2026 Logistics Industry Insights
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Amazon Vendor Central Benefits Revealed in Firsthand Account

Amazon Vendor Central Benefits Revealed in Firsthand Account

This article reveals the drawbacks of using second-hand Amazon Vendor Central (VC) accounts and highlights the advantages of using a first-hand VC account. First-hand VC accounts offer benefits in fulfilling PO orders, implementing pricing strategies, and receiving operational support. Choosing a first-hand VC account is crucial for gaining a competitive edge in the Amazon marketplace. It ensures direct communication, reliable performance, and access to the latest features, ultimately contributing to a more stable and profitable Amazon business.

01/04/2026 Logistics Industry Insights
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Global Customs Network Boosts Cooperation During Pandemic

Global Customs Network Boosts Cooperation During Pandemic

The Regional Intelligence Liaison Office (RILO) network held its second virtual meeting to strengthen international cooperation during the pandemic. The meeting highlighted RILO's crucial role in data quality and combating illegal wildlife trade. Participants also discussed involvement in WCO meetings and preparations for the global RILO conference. Facing global challenges, the RILO network will continue to enhance cooperation and capabilities to contribute to global trade security and economic development. The focus remains on improving information sharing and coordinated efforts to address evolving threats.

12/30/2025 Customs Knowledge
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US Trucking Tonnage Drop Sparks Recession Fears

US Trucking Tonnage Drop Sparks Recession Fears

American Trucking Associations data shows the Freight Tonnage Index declined for the second consecutive month in April, with a year-over-year drop reaching a two-year high, reflecting a weakening goods economy. Analysts attribute this to shifts in consumption patterns, inventory adjustments, inflation, and geopolitical risks. Potential impacts such as falling freight rates, driver unemployment, and economic slowdown should not be ignored. Companies should closely monitor the macroeconomy, optimize operations, expand diversified businesses, strengthen risk management, and embrace technological innovation.

01/07/2026 Logistics
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US Container Imports Surge Amid Tariffs Seasonal Demand

US Container Imports Surge Amid Tariffs Seasonal Demand

Descartes' report indicates that U.S. container imports in August reached the second-highest level in history, driven by tariff policies and seasonal demand. Although down month-over-month, imports remain above last year's levels and pre-pandemic figures. The report highlights the sensitivity to tariff policies and the trend of supply chain diversification, also noting changes in market share between East and West Coast ports. Looking ahead, the global economy, tariff policies, and technological innovation will continue to influence U.S. container imports.

01/07/2026 Logistics
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