Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

Modern Ports Boost Global Supply Chain Resilience

Modern Ports Boost Global Supply Chain Resilience

This article highlights the importance of modernized ports in ensuring the resilience of the U.S. economic supply chain. It discusses a recent crisis triggered by union strikes and calls for investments in automation and technology to enhance port efficiency, safeguarding national security and competitiveness.

08/06/2025 Logistics
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Surge In Demand For Owned Containers How Freight Forwarders Can Address The Container Shortage Crisis

Surge In Demand For Owned Containers How Freight Forwarders Can Address The Container Shortage Crisis

The global container shortage is severe, leading to a significant increase in demand for owned containers among shippers, while the number of freight forwarders able to provide this service remains limited. The report analyzes that using owned containers can effectively reduce logistics costs and minimize detention fees, urging freight forwarders to enhance the utilization of Shipper Owned Containers (SOC) to address market challenges.

07/23/2025 Logistics
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