China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
Read More
China's Jiuhuashan Airport Boosts Anhui's Economy and Tourism

China's Jiuhuashan Airport Boosts Anhui's Economy and Tourism

Chizhou Jiuhua Mountain Airport is a modern civil airport located in Chizhou City, Anhui Province, opened in 2013 to enhance the region's transportation hub status. The overall plan is divided into short-term (by 2020) and long-term (by 2040) phases, with expectations of increased passenger and cargo throughput. The airport features multiple flight routes and actively plans to introduce international flights, reflecting strong market demand and safety assurances.

07/29/2025 Airport Codes
Read More
Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia has announced the establishment of a regional office for the International Air Transport Association (IATA) in Riyadh to support the development of the aviation industry. A new flagship airline will be created, aiming to become a global logistics hub with 250 international routes and doubling air freight capacity, promoting economic diversification. This initiative seeks to enhance Saudi Arabia's influence in the international aviation market and drive GDP growth.

07/29/2025 Logistics
Read More
New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
Read More
Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

The outlook for the project transport market in 2025 is optimistic, with strong demand for project cargo leading to rising freight rates amidst tight supply. Project transport charter rates are expected to increase by 10-20%, while general cargo rates may rise by 1-7%. The global trade environment continues to be influenced by geopolitical factors and the U.S. election, therefore, it is essential to keep an eye on industry dynamics.

08/06/2025 Logistics Industry Insights
Read More
Global Freight Rates Routes Capacity and Cost Trends Analyzed

Global Freight Rates Routes Capacity and Cost Trends Analyzed

This paper analyzes international sea, air, and land freight prices based on data from Jiuzhou Logistics Network, revealing cost differences across various routes and transportation modes. It offers cost optimization and risk management suggestions for businesses, including comparing prices across multiple channels, optimizing transportation methods, and monitoring market dynamics. The aim is to help companies enhance their competitiveness in global trade by better understanding and managing international freight costs.

08/15/2025 Logistics
Read More
Shanghai Tightens Rules for Exporting Energy Storage Cabinets

Shanghai Tightens Rules for Exporting Energy Storage Cabinets

This article provides a detailed interpretation of the Dangerous Goods Packaging Certificate (Dangerous Goods Certificate) application process and related documents required for exporting energy storage cabinets via Shanghai Port by sea. This includes MSDS, UN38.3 test report, and cargo transportation appraisal. It also explains the documents required for sea freight booking, dangerous goods declaration, and customs declaration, helping companies compliantly and efficiently expand their overseas energy storage market.

05/24/2024 Logistics
Read More
Streamlined Art Permit Process Launches for Easier Approvals

Streamlined Art Permit Process Launches for Easier Approvals

Troubled by art permit applications? Download our authorization template for easy delegation. We also provide agency services for art import and export licenses, offering a one-stop solution for your art import and export needs. Focus on your artistic creation and market expansion, leaving the paperwork to us. We simplify the process and ensure compliance, allowing you to dedicate your time and energy to your passion and business.

07/25/2025 Document Interpretation
Read More
Daysun Logistics Expands Air Freight Services to Central Asia

Daysun Logistics Expands Air Freight Services to Central Asia

Dasun Logistics specializes in Central Asia air freight, offering one-stop air export solutions. Partnering with multiple airlines, we provide advantageous routes such as Uzbekistan Airways and Turkish Airlines. We offer dedicated one-on-one service, professional customs clearance guidance, and a range of value-added services. Our commitment ensures the safe, fast, and cost-effective delivery of goods to Central Asian destinations, helping businesses expand into the Central Asian market.

05/25/2024 Logistics
Read More
USD to Comorian Franc Exchange Rate Trends Analyzed

USD to Comorian Franc Exchange Rate Trends Analyzed

The current exchange rate of the US dollar to the Comorian franc is 422.556 KMF, with 5 USD equivalent to 2112.7787 KMF. Fluctuations in the exchange rate over the past 30 days show a high of 424.89 KMF, a low of 421.31 KMF, and an average of 423.42 KMF. The market volatility is at 0.33%, indicating that future trends in exchange rates will require attention to multiple factors.

08/11/2025 Exchange Rate Query
Read More