Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Rising fuel prices have led shipping companies to implement Emergency Bunker Surcharges (EBS), increasing transportation costs for shippers. This article analyzes the reasons behind fuel price increases, explores the impact of EBS, and proposes coping strategies for shippers. It also looks ahead to sustainable development solutions for the shipping industry, aiming to mitigate the impact of fuel price volatility and promote environmentally responsible practices in maritime transport.

11/03/2025 Logistics Encyclopedia
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COSCO Launches Wuhaneurope Railsea Transport Route

COSCO Launches Wuhaneurope Railsea Transport Route

COSCO Shipping launched the "Wuhan-Xiamen-Europe" rail-sea intermodal train service, providing a more convenient and efficient European trade channel for enterprises in central China. This route, through port-shipping coordination, significantly shortens transportation time and reduces logistics costs, boosting economic development in Wuhan and surrounding areas. It also enhances COSCO Shipping's influence in the middle and upper reaches of the Yangtze River.

11/03/2025 Logistics
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US Tariffs Disrupt Global Shipping Industry

US Tariffs Disrupt Global Shipping Industry

The US tariff policy has triggered a trade war, severely impacting the global shipping industry. Sectors like container shipping, car transportation, and energy exports are all affected, leading to increased shipping rates and global economic uncertainty. The goal of revitalizing the US shipbuilding industry is unlikely to be achieved in the short term. Ultimately, consumers and businesses will pay the price for trade protectionism.

11/03/2025 Customs Knowledge
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USPS Implements Costcutting Measures Amid Financial Review

USPS Implements Costcutting Measures Amid Financial Review

The United States Postal Service (USPS) plans to consolidate its distribution facilities to reduce transportation costs. This involves reducing the existing 19,000 delivery units to 15,000. The USPS aims to address financial difficulties and improve efficiency through process optimization, leveraging existing facilities, and pilot operations. Employee groups have expressed concerns regarding the plan. Other carriers are also making network adjustments in response to the changing landscape.

11/03/2025 Logistics
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Guide to Djiboutis Airport Codes ICAO and IATA Explained

Guide to Djiboutis Airport Codes ICAO and IATA Explained

This report provides detailed key information about airports located within the Republic of Djibouti, including ICAO and IATA codes, airport names, and their geographical locations. This information is valuable for pilots, air freight logistics personnel, and aviation enthusiasts, aiding in better aviation transportation planning and management. It serves as a quick reference guide for identifying and locating Djibouti's airports based on their standardized codes and names.

11/03/2025 Airport Codes
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Global Trade Shifts Boost Freight Forwarders Prospects

Global Trade Shifts Boost Freight Forwarders Prospects

Increased volatility in the global trade system presents both challenges and opportunities for the freight forwarding industry. Freight forwarders with strong risk management capabilities and flexible strategies can help clients navigate disruptions and create greater value by optimizing transportation solutions and reducing logistics costs. This enables them to stand out in the competitive market and achieve sustainable development in the face of trade fluctuations.

11/03/2025 Logistics Industry Insights
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Khon Kaen Airport Boosts Northeast Thailand's Connectivity and Economy

Khon Kaen Airport Boosts Northeast Thailand's Connectivity and Economy

Khon Kaen Airport, located in Khon Kaen City, Thailand, is a modern civil airport with an elevation of 204 meters and a runway length of 3,050 meters. Since the new terminal opened in 2005, it has been upgraded to an international airport, offering domestic scheduled flights connecting major cities like Chiang Mai and Bangkok. It is primarily operated by several Thai airlines and serves as an important air transport hub for the northeastern region of Thailand.

07/29/2025 Logistics
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Karratha Airport Drives Pilbara's Economic Growth as WA's Second-Busiest Hub

Karratha Airport Drives Pilbara's Economic Growth as WA's Second-Busiest Hub

Karatha Airport is a significant civil airport in Western Australia, located 14 kilometers from the city center, serving as an aerial hub for the Pilbara region. The airport features a runway suitable for Boeing 737-800 takeoffs and landings, along with convenient terminal facilities. After a comprehensive upgrade in 2015, Karatha Airport further enhanced passenger travel experiences, primarily serving domestic flights and facilitating connections to destinations like Broome and Darwin, playing a crucial role in the region's economic development.

07/29/2025 Logistics
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Guide to Gambia Bank SWIFTBIC Codes for West African Transfers

Guide to Gambia Bank SWIFTBIC Codes for West African Transfers

This guide provides a SWIFT/BIC code lookup service for banks in Gambia, facilitating seamless international money transfers. Search by bank name or city to quickly locate the required code. It emphasizes the importance of SWIFT codes and offers remittance solutions with better exchange rates, lower fees, and faster delivery. Furthermore, it addresses frequently asked questions to eliminate obstacles in the remittance process. Find the right SWIFT code and explore efficient ways to send money to Gambia.

09/01/2025 International Settlement
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Secure International Transfers to Rwanda Require Correct SWIFTBIC Codes

Secure International Transfers to Rwanda Require Correct SWIFTBIC Codes

Facilitating international wire transfers to Rwanda, this user-friendly online directory allows quick and accurate SWIFT/BIC code lookups. Users can search by bank name or city, or choose from a list of popular banks. This ensures funds arrive safely and efficiently, preventing losses and delays caused by incorrect codes. The directory aims to streamline the process of sending money to Rwanda, providing a reliable resource for finding the necessary banking information for successful international transfers.

09/02/2025 International Settlement
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