Launch Of The Qinghai Caojiabao Bonded Logistics Center: A Symbol Of New Opportunities

Launch Of The Qinghai Caojiabao Bonded Logistics Center: A Symbol Of New Opportunities

The approval of the Caojia Bonded Logistics Center in Qinghai provides a new platform for the province's opening up to the outside world. Located in the conveniently accessible Haidong City, the center plans to undertake various bonded business operations. Its establishment will not only promote the development of local but also drive the growth of the province's outward-oriented economy. The center is expected to officially start operations in the first half of 2016, marking a new chapter in Qinghai's economic development.

07/21/2025 Logistics
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Eastern Airlines Introduces New Baggage Policy

Eastern Airlines Introduces New Baggage Policy

Starting from January 10, 2023, China Eastern Airlines implemented new free checked baggage standards for flights to Europe, Australia, and Japan. Economy class passengers can check in two pieces of luggage, each weighing up to 23 kg; business class and premium economy passengers can check in pieces weighing 32 kg each; first-class passengers can check in three pieces. Additionally, members enjoy extra baggage privileges. The new standards aim to enhance service experience and cater to the diverse needs of passengers.

01/11/2023 Airlines
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Launch of Cold Chain Transport Train in Yangtze River Delta Promotes Fresh Logistics Development

Launch of Cold Chain Transport Train in Yangtze River Delta Promotes Fresh Logistics Development

The Yangtze River Delta railway has launched its first cold chain transportation train, aimed at enhancing the efficiency of fresh produce transport and reducing logistics costs. The inaugural train departs from Shanghai to Chengdu, traveling at a maximum speed of 120 km/h, covering the distance in approximately 38 hours, thus reducing transit time by about 22 hours. Additionally, transportation costs are expected to decrease by around 20%. This development plan will encompass multiple routes, further improving the cold chain logistics network.

07/19/2023 Logistics
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Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

The establishment of the Xi'an Aviation Base Comprehensive Bonded Zone marks the first bonded zone in the central and western regions focused on the aviation industry. It aims to develop the civil aviation sector and enhance functions such as bonded processing and logistics. In the next 3 to 5 years, the zone is expected to attract nearly 100 companies, create job opportunities, and significantly increase import and export volumes as well as output value, injecting vitality into the local economy.

07/28/2025 Logistics
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Chinas Air Cargo Industry Shifts to Paperless Operations

Chinas Air Cargo Industry Shifts to Paperless Operations

Six major airlines and freight forwarders have jointly launched a paperless pilot program for electronic cargo accompanying documents at Pudong Airport. This initiative aims to simplify customs clearance and inspection processes, improve efficiency, reduce costs, and promote the sustainable development of air cargo. As the world's first such initiative jointly launched by airlines and freight forwarders, it marks a solid step in China's air cargo digital transformation. This will promote the construction of Shanghai's air cargo hub, achieving paperless, visualized, and intelligent operations.

09/26/2025 Logistics
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UCLA Brazil Port Upgrades Improve Global Logistics Efficiency

UCLA Brazil Port Upgrades Improve Global Logistics Efficiency

UCLA service announces a significant upgrade. Starting July 13, 2025, the southbound route will return to the Brazilian terminal port (BTP), with MSC PETRA as the first vessel. This upgrade aims to improve operational efficiency, enhance service reliability, and optimize interconnectivity, providing customers with a superior logistics experience. UCLA service will continue to innovate and pursue excellence, striving to be a trusted logistics partner for its customers. The return to BTP will streamline operations and contribute to faster transit times.

09/26/2025 Logistics
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Freight Forwarders Advise on Correcting Bill of Lading Errors

Freight Forwarders Advise on Correcting Bill of Lading Errors

Bill of Lading (B/L) errors are common in foreign trade. This article provides practical strategies: First, identify the error type. Then, contact your freight forwarder for assistance; they will communicate with the shipping company and customs broker. If modification is impossible, negotiate with the shipping company. Choosing a suitable freight forwarder is crucial, and continuous learning can improve your ability to handle such situations. Proactive communication and documentation are key to minimizing potential disruptions and costs associated with B/L discrepancies.

08/21/2025 Logistics Encyclopedia
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Key Freight Terms and Cargo Handling in Global Trade Explained

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

08/22/2025 Logistics Encyclopedia
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FCMB SWIFT Codes Guide for International Transfers

FCMB SWIFT Codes Guide for International Transfers

This article provides a detailed analysis of the SWIFT code system of First City Monument Bank (FCMB) in Nigeria and offers practical guidance for international money transfers. It focuses on the structure and application scenarios of the FCMBNGLAXXX code, along with important considerations for international remittances. The aim is to assist readers in completing cross-border transfers efficiently and securely, avoiding delays or failures caused by incorrect information. It provides insights into navigating the complexities of international banking with FCMB.

09/01/2025 International Settlement
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