Global Container Shipping Service Quality Plummets to Historic Lows

Global Container Shipping Service Quality Plummets to Historic Lows

The quality of global container shipping services has sharply declined, with on-time performance dropping to 56%, posing significant challenges for shipping companies. Routes from Asia to the U.S. have shown particularly poor results, with record-low on-time rates leading to shipper dissatisfaction. The rise in trade volume due to global economic recovery has exacerbated capacity constraints and high shipping costs. The shortage of container equipment needs urgent attention, and shipping companies must improve transparency and service quality to alleviate pressure on customers.

10/29/2020 Logistics Industry Insights
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South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
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Air France Resumes Nonstop Flights Between Beijing and Paris

Air France Resumes Nonstop Flights Between Beijing and Paris

Air France has resumed direct flights from Beijing to Paris, operating one flight per week, with the entry point set in Tianjin. Additionally, flights between Shanghai and Paris have increased to two per week. Flight information includes various schedules and dates for travelers to choose from and plan their trips. All times are given in local time.

07/28/2025 Logistics
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Reverse Logistics Gains Importance as Businesses Prioritize Sustainability

Reverse Logistics Gains Importance as Businesses Prioritize Sustainability

Reverse logistics refers to the process of products returning from consumers to production or processing points, aimed at achieving resource recycling and environmental protection. Effective management of reverse logistics can not only reduce raw material consumption and environmental impact but also create economic value for companies and enhance consumer satisfaction. Integrating reverse logistics into overall strategy helps businesses gain a competitive advantage.

07/29/2025 Logistics Encyclopedia
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Banks Boost Loss Management to Maximize Asset Value

Banks Boost Loss Management to Maximize Asset Value

This article explores how to effectively manage damaged goods in warehousing by establishing standardized processes and strategic disposal to maximize asset value. It aims to transform the traditional perception of damage from a consumption perspective to a value-creating approach.

07/31/2025 Warehousing
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Transpacific Shipping Rates Drop but Stay Above 2022 Levels

Transpacific Shipping Rates Drop but Stay Above 2022 Levels

Although the trans-Pacific ocean freight container rates are on a downward trend, they remain approximately $1,000/FEU higher compared to the same period last year. The calm period after the Spring Festival has led to a price decline, and it is expected that as service models return to normal, contract rates will decrease.

02/27/2025 Logistics
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