Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
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Qingdao Port: A Global Logistics Hub Supporting the 'belt and Road' Initiative

Qingdao Port: A Global Logistics Hub Supporting the 'belt and Road' Initiative

Since 2014, Qingdao Port has actively integrated into the Belt and Road Initiative, establishing a global logistics hub and enhancing its international development. Through its overseas division and partnerships with ports along the route, Qingdao Port continues to expand its shipping routes and import-export operations, promoting trade facilitation. Additionally, Qingdao Port has made significant achievements in building a smart port to improve management efficiency and service quality, contributing to the creation of a modern comprehensive logistics service platform.

07/21/2025 Logistics
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New Coal Shipping Route at Jinzhou Port Enhances Logistics Development

New Coal Shipping Route at Jinzhou Port Enhances Logistics Development

Jinzhou Port has opened a new coal shipping route from Jinzhou to Dalian to address the declining demand in the coal market. This route aims to enhance the port's throughput capacity by employing an innovative intermodal transportation model that integrates rail, road, and port resources. By providing personalized services and optimizing transportation processes, Jinzhou Port expects to achieve a significant increase in the fourth quarter, with transport volume reaching 1.8 million tons and a growth rate of approximately 50%.

07/21/2025 Logistics
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Promoting Collaborative Innovation in the Logistics Industry: Southwest Railway and Beibu Gulf Port Join Forces to Build a New Model of Iron-sea Intermodal Transport

Promoting Collaborative Innovation in the Logistics Industry: Southwest Railway and Beibu Gulf Port Join Forces to Build a New Model of Iron-sea Intermodal Transport

The southwestern region's railway collaborates with the Beibu Gulf port to promote the development of intermodal transportation. A multi-stakeholder seminar breaks down barriers between transport modes and enhances logistical connectivity. Three major railway bureaus and several companies have jointly introduced favorable pricing policies aimed at reducing logistics costs and improving customer service. This innovative cooperation injects new vitality into the logistics industry in the southwestern area, signaling the formation of a more efficient channel for overseas shipping.

07/21/2025 Logistics Industry Insights
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Beijing Air Freight Export Booking Authorization Guide

Beijing Air Freight Export Booking Authorization Guide

This article provides a standard guideline for filling out the cargo booking authorization for air freight exports in Beijing. It details the importance of information regarding the shipper, consignee, notify party, and cargo. The necessity of accurate reporting is emphasized, along with comprehensive explanations of key elements like the port of origin, port of discharge, and cargo description. Ensuring that the information filled is complete and clear helps to improve the efficiency and smoothness of international freight transport.

07/21/2025 Logistics Encyclopedia
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Exploring The Port of Rotterdam: A Paradigm Of Global Port Infrastructure

Exploring The Port of Rotterdam: A Paradigm Of Global Port Infrastructure

The Port of Rotterdam serves as a benchmark for global port infrastructure, ranking first in the world for four consecutive years due to its advantageous location and modern facilities. With a vast port area, diverse multi-functional terminal layouts, and substantial investment support, it has enhanced logistics efficiency through the establishment of a comprehensive sea, land, and air transport network. Digital transformation has elevated service levels at the Port of Rotterdam, reinforcing its crucial role in international trade.

07/21/2025 Port Encyclopedia
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Key Points Summary of HS Customs Commodity Classification

Key Points Summary of HS Customs Commodity Classification

This article summarizes the importance, principles, and common issues of HS customs product coding and classification. It emphasizes the crucial role of accurate product classification in enhancing customs efficiency and tax supervision during import and export declarations. Specific principles such as prioritizing detailed and basic features are proposed, along with strategies for classifying sets, loose parts, and components. By gaining an in-depth understanding of product attributes, the article aims to ensure compliance and smooth customs clearance.

07/21/2025 Logistics Encyclopedia
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Exploration of the Logistics Giants’ Transformation: The Rise of the Franchising Model

Exploration of the Logistics Giants’ Transformation: The Rise of the Franchising Model

In recent years, domestic logistics giants have been exploring franchising models. Tian Di Hua Yu, Deppon Logistics, and Jiajilogistics have launched new strategies to expand their markets. Tian Di Hua Yu plans to open 3,000 new stores in the next three years, Deppon has initiated a partnership program, and Jiajilogistics is conducting franchise recruitment. These innovative models not only provide opportunities for entrepreneurs but also drive the logistics industry toward greater efficiency and closer alignment with market needs.

07/21/2025 Logistics Industry Insights
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Guangzhou To Gothenburg Air Freight Prices Latest Price List From China Southern Airlines

Guangzhou To Gothenburg Air Freight Prices Latest Price List From China Southern Airlines

The air cargo rates from Guangzhou to Gothenburg have been announced, serviced by China Southern Airlines. The latest rates for general cargo range from 63.5 to 39.5 yuan per kilogram, with a transshipment fee of 1900 yuan. The route includes transit from Guangzhou to Amsterdam, followed by truck transportation to Gothenburg. These rates cover multiple charges but do not include additional fees like customs and bills of lading. Customers are advised to confirm the final price when booking.

11/30/-0001 Logistics
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Hong Kong Dragon Airlines Launches New Route Direct Flight From Hongqiao to Hong Kong Enhances Traveler Choices and Convenience

Hong Kong Dragon Airlines Launches New Route Direct Flight From Hongqiao to Hong Kong Enhances Traveler Choices and Convenience

On the 15th, Dragonair launched a new route from Shanghai Hongqiao Airport to Hong Kong, with one daily flight using Airbus A330 aircraft. This move will further increase flight options between the two locations and enhance the convenience of travel for passengers. As a comprehensive transportation hub, Hongqiao Airport offers an improved travel experience, promoting economic and cultural exchanges between Shanghai and Hong Kong. The opening of this new route is significant for Dragonair's development in the mainland.

11/15/2023 Airlines
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