New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
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Accurate HS Code Classification Boosts Supply Chain Efficiency

Accurate HS Code Classification Boosts Supply Chain Efficiency

Accurate HS code classification is crucial for international trade. While HS code 15099040 may point to an 'other' category, its correct application directly impacts a company's compliance, product market access, and supply chain advantages. Businesses need to prioritize HS code accuracy to reduce operational costs and enhance competitiveness. Proper classification ensures correct tariff application and avoids potential penalties, contributing to a smoother and more efficient global trade operation.

11/03/2025 HS Code Query
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China Tightens Wildlife Trade Rules to Boost Conservation

China Tightens Wildlife Trade Rules to Boost Conservation

The Endangered Species Import and Export Management Office of the People's Republic of China, in conjunction with the General Administration of Customs, has issued an announcement updating the 'Import and Export Commodity Catalogue of Wild Fauna and Flora Species'. This aims to strengthen the supervision of wild fauna and flora import and export, ensuring international trade complies with relevant conventions. Enterprises and individuals are required to carefully review the latest catalogue, abide by laws and regulations, and jointly maintain biodiversity.

08/21/2025 Customs Knowledge
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Shipping Triflic Anhydride Industry Challenges and Solutions

Shipping Triflic Anhydride Industry Challenges and Solutions

This article details the operational specifications and procedures for full container sea freight export of Trifluoromethanesulfonic Anhydride, covering key aspects such as cargo characteristics, booking and pre-allocation, container loading and transportation, dangerous goods declaration and commodity inspection, customs declaration, port entry inspection, and bill of lading release. It aims to provide professional guidance for relevant practitioners to ensure the safe and compliant sea transportation of dangerous goods. The article covers the entire process from initial preparation to final delivery.

07/01/2025 Logistics Encyclopedia
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Australian Dollar Trends Key Factors Shaping AUDUSD Rates

Australian Dollar Trends Key Factors Shaping AUDUSD Rates

This article provides a comprehensive analysis of the AUD/USD exchange rate, offering real-time data, influencing factors, and future trend forecasts. By understanding key drivers such as interest rate differentials, economic growth, and commodity prices, along with historical exchange rate data, readers can better grasp exchange rate movements. This knowledge empowers informed decision-making for international trade, investment, and travel activities. The analysis aims to provide a clear understanding of the dynamics affecting the AUD/USD pair and its potential future direction.

09/01/2025 Exchange Rate Query
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Comprehensive Analysis of Russia's Customs Clearance and Transportation Processes

Comprehensive Analysis of Russia's Customs Clearance and Transportation Processes

This article explores the customs clearance and transport procedures in Russia, covering transport routes, customs processes, and the tariff system. It provides comprehensive information for importers and exporters to better adapt to the Russian market and successfully conduct international trade. Understanding the customs and transport processes is crucial for ensuring the smooth passage of goods into the market. Addressing these challenges will help businesses establish a solid foundation for engaging with the Russian market.

07/21/2025 Logistics Encyclopedia
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Logistics Firms Adapt to Uschina Trade Tensions in H1 2025

Logistics Firms Adapt to Uschina Trade Tensions in H1 2025

In the first half of 2025, despite challenges posed by the Sino-U.S. trade war, logistics companies are actively responding to market changes by optimizing overseas warehouse layouts and transportation plans, aided by tariff policy adjustments and the growth of instant logistics. Additionally, the development of the carbon trading market is guiding the logistics sector towards a low-carbon and green transformation. Overall, the logistics industry is facing new opportunities and changes.

07/23/2025 Logistics Industry Insights
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Trade Experts Stress Importance of Country of Origin Rules

Trade Experts Stress Importance of Country of Origin Rules

This paper delves into the definition and significance of the country of origin in trade. The country of origin not only affects market access and tariff policies but also relates to compliance in international trade. The differences in origin rules across countries have a profound impact on enterprises' operations and their competitiveness in the global market. Understanding these rules is crucial for optimizing supply chains, reducing costs, ensuring compliance, and enhancing competitive advantages.

08/05/2025 Logistics Encyclopedia
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China Streamlines Export Customs Clearance to Cut Costs Time

China Streamlines Export Customs Clearance to Cut Costs Time

This article provides a detailed interpretation of the export return customs clearance process at Beijing Airport. It emphasizes the importance of choosing a first-hand customs broker and offers a comprehensive analysis of tariff handling, reasons for return, required documents, and key considerations. The aim is to help businesses complete return customs clearance efficiently and conveniently, avoiding unnecessary losses. It covers practical aspects of the process and provides actionable insights for a smoother experience.

02/21/2025 Customs Knowledge
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US Manufacturing Struggles With Tariffs Slowdown Supply Chains

US Manufacturing Struggles With Tariffs Slowdown Supply Chains

The US Manufacturing PMI continues to decline, with tariffs casting a long shadow. Businesses need to actively respond by diversifying procurement sources, improving efficiency, differentiating their products, and expanding domestic demand. Only by doing so can they seize opportunities amidst challenges and reshape their supply chains. The persistent downward trend in the PMI, coupled with the ongoing tariff pressures, necessitates proactive strategies for manufacturers to navigate the evolving economic landscape and ensure long-term resilience.

11/03/2025 Logistics Industry Insights
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