Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
Customs declarations play a crucial role in the import and export of goods and customs supervision. When filling out the declaration, attention must be paid to details such as the country of departure code, mode of transport, port of loading, and the waybill number under specific conditions. Accurate completion aids customs management and ensures smooth clearance of goods.
This article explores why an increasing number of cross-border e-commerce sellers are opting for air freight to the U.S. as a replenishment solution. It provides an in-depth analysis from four key aspects: replenishment speed, safety, adaptability, and cost optimization. The aim is to assist sellers in maintaining a competitive edge in the rapidly changing market.
FedEx launched a new package pickup pricing structure in August, applicable in the United States and Canada. Regular and automated pickup fees will be charged weekly, while each ad-hoc pickup will be billed based on the number of stops. This initiative aims to enhance transparency and flexibility, better meeting the needs of businesses and consumers.
A Packing List (PL) is a crucial tool for customs declaration, detailing the quantity, weight, and number of cartons of transported goods. The content must align with the commercial invoice to ensure efficient shipping and customs clearance. An accurate packing list helps reduce delays and unforeseen issues during the shipping process, enhancing the smoothness of international trade.
This article provides comprehensive solutions to common challenges in US shipping routes for freight forwarders. It covers various aspects including route selection, cost analysis, operational procedures, tracking number inquiries, transshipment cargo handling, ENS declaration, seal usage, dangerous goods handling, and customs data processing. The aim is to help freight forwarding professionals avoid potential risks and improve work efficiency.
By July 2025, the total number of global flights reached 23,323,428, with an increase of 3% in aviation capacity compared to last year. The Central Asia and South Africa regions saw significant capacity growth, while the increase in seating in Northeast Asia and Western Europe was particularly notable, indicating a gradual recovery of the aviation market.
This article focuses on the customs clearance procedures involved in LCL (Less than Container Load) shipping, including the preparation of cargo lists, document submission, duty payment, and customs inspections. Given that LCL shipments involve multiple shippers, the customs clearance process can be complex. It is advisable for shippers to seek assistance from experienced agents to ensure compliance and smooth release. Understanding these steps is crucial for the success of international trade.
This article discusses the requirements of different shipping companies in the Southeast Asia routes regarding bill of lading processing. It highlights that most shipping companies allow handling according to the actual cargo, reducing the demand for container seal numbers and gross weight. It also emphasizes the importance of confirming the bill of lading processing method with the shipping company before operations to effectively address the complexities in freight forwarding business.
Norfolk International Terminal (NIT) is a key port in Virginia, USA, featuring 6,630 berths and a depth of 50 feet to accommodate large vessels. NIT's layout includes southern, northern, and central rail terminals, providing efficient transportation services to meet the growing market demand. Through multiple expansions and facility upgrades, NIT has excelled in container handling capacity and rail transport, establishing itself as a central hub for regional logistics.
