Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
This article introduces key terms in freight logistics, such as single release, single drag, double drag, and double back, explaining their definitions and distinctions. It provides a detailed analysis of these terms in light of the new traffic regulations implemented on September 21, helping readers better understand industry terminology. The article focuses on the reasons for the new regulations, particularly the punitive measures for overloading and their profound impact on freight methods.
This article systematically reviews common Incoterms in international trade, such as EXW, FOB, CIF, and DDP, explaining their core functions, division of responsibilities, and risk transfer. It also analyzes specific trade scenarios. The importance of choosing appropriate Incoterms and the key aspects of risk control are emphasized, aiming to help foreign trade practitioners better understand and apply international trade terms. Understanding these terms is crucial for successful international transactions and mitigating potential liabilities.
Zhengzhou Airport is planning a dedicated cargo runway and conducting trials for short-distance drone cargo transport to enhance efficiency and innovation in freight logistics. This development aims to promote the overall growth of Zhengzhou's aviation economy, focusing on building a modern industrial system and optimizing the use of aviation resources. Safety considerations are crucial for the commercialization of drones, which will be a key factor in the future of logistics development.
In the first ten months of 2023, Xinjiang's express delivery volume exceeded 350 million packages, reflecting enhanced economic vitality. This growth is attributed to the implementation of free shipping policies and an increasingly improved delivery network. The express delivery industry has provided a broader market for Xinjiang's specialty agricultural products, driving local economic development.
A new smart modular concept vehicle is set to enter mass production, featuring autonomous driving and multifunctional design. This innovation brings new delivery possibilities to the future express logistics industry, enhancing transportation and service efficiency while driving a logistics revolution in smart cities.
Amazon officially launched its air freight business in Europe, marking its first air transport project outside the United States. The new air cargo center is located at Leipzig/Halle Airport in Germany and boasts strong operating capabilities and extensive logistics options. This move aims to reduce dependence on courier companies while continually expanding freight capacity through its own air network. Amazon's air fleet has now reached 70 aircraft, signifying an important step in enhancing logistics delivery services.
Last mile delivery is crucial in the supply chain, accounting for 53% of total transportation costs. This article explores the challenges and optimization strategies brought about by e-commerce, emphasizing the need to enhance delivery efficiency to meet the increasing consumer expectations and control costs.
The rapid development of the express delivery industry in Zhejiang has achieved 20 billion parcels ahead of schedule this year, reflecting a dual improvement in economic vitality and service quality. With the rise of live e-commerce, advances in rural express delivery, and the promotion of digital and green development, Zhejiang's express industry is experiencing a new vitality.
This article explores the historical evolution of the 'last-mile delivery' model, its decline, and its potential resurgence in emerging sectors of fresh food and cold chain logistics. It emphasizes new opportunities and innovative pathways for this model outside of traditional e-commerce.