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

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
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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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Reforming the West Land-sea New Corridor to Enhance Iron-sea Combined Transport Capacity

Reforming the West Land-sea New Corridor to Enhance Iron-sea Combined Transport Capacity

The New Western Land-Sea Corridor faces multiple challenges in enhancing its iron-sea intermodal transportation capabilities, including inadequate infrastructure, weak industrial coordination, and a lack of regional cooperation. By strengthening infrastructure development, integrating resources, and optimizing policy guidance, it is possible to improve the overall transportation efficiency of this corridor, thereby supporting the economic development of the western region.

07/23/2025 Logistics
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Exploring The Close Relationship Between International Freight Forwarding And Logistics

Exploring The Close Relationship Between International Freight Forwarding And Logistics

This article examines the relationship between international freight forwarding and logistics, highlighting freight forwarding as a key component of global logistics. Logistics encompasses not only domestic express and transportation but also broader functions like warehousing and distribution. It also introduces WIFFA, the International Freight Forwarders Alliance, which promotes credit cooperation and information sharing within the industry to foster healthy development.

GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 Standards Simplify Customs Boost Global Trade Efficiency

GS1 global standards are facilitating the standardization, digitalization, and unification of customs product classification, addressing existing complexities, inefficiencies, and conflicts. Utilizing key elements like GTIN, GPC, and GDSN, and incorporating China's pioneering practices of linking GTIN with HS codes, pilot projects have shown initial success. Moving forward, GS1 will continue to strengthen cooperation, promote standardized product classification, and facilitate global trade.

Notice of Peak Season Surcharge for Cargo Transport from the Indian Subcontinent and the Middle East to the East Coast and Gulf of the USA

Notice of Peak Season Surcharge for Cargo Transport from the Indian Subcontinent and the Middle East to the East Coast and Gulf of the USA

This article outlines that starting from July 18, 2025, a peak season surcharge will be implemented for shipments from the Indian subcontinent and the Middle East to the US East Coast and Gulf ports. This measure aims to address market fluctuations and rising costs, ensuring the quality and stability of transportation services to meet customers' demands for reliable logistics solutions.

07/17/2025 Logistics
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USD to Somali Shilling Exchange Rate Hits 571 Million SOS

USD to Somali Shilling Exchange Rate Hits 571 Million SOS

The current exchange rate between the US dollar and the Somali shilling is approximately 10,000 USD for about 5,710,240 Somali shillings. This exchange rate dynamic not only reflects the international status of the dollar but also reveals the challenges and opportunities within the Somali economy. Users should monitor market changes and choose appropriate currency transfer services to secure the best rates.

USD to Somali Shilling Exchange Rate Trends for 50

USD to Somali Shilling Exchange Rate Trends for 50

This article discusses how to convert 50 US dollars into Somali shillings, with the current exchange rate being 1 USD = 571.024 Somali shillings. The exchange rate has shown significant historical fluctuations. It is recommended to monitor exchange rate changes and set alerts to optimize international remittance operations. Additionally, the article provides suggestions for selecting international remittance channels and utilizing big data analysis tools.

Thai Baht Weakens Against USD Amid Economic Pressures

Thai Baht Weakens Against USD Amid Economic Pressures

This article analyzes the current exchange rate situation between the Thai baht and the US dollar, specifically focusing on the exchange rate of 5 baht to 0.15 dollars, as well as the trends in long-term and short-term exchange rate fluctuations. It aims to help readers better understand the dynamics of the currency market and the importance of financial decision-making.

USD to SGD Exchange Rate Volatility Impacts International Transfers

USD to SGD Exchange Rate Volatility Impacts International Transfers

Recently, the exchange rate of the US dollar to the Singapore dollar is 1 USD to 1.28476 SGD, meaning 50 USD can be exchanged for 64.23 SGD. Exchange rate trends show that the dollar has depreciated by 3.12% against the Singapore dollar over the past year. Choosing the right remittance institution can provide you with better exchange rates, making fund transfers more efficient.