July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

Global shipping markets face sharp shifts this July, with European route rates hitting record highs due to capacity reallocation and port congestion, while US West Coast rates drop amid oversupply and weak demand. Carriers' pricing updates confirm this divergence, urging shippers and forwarders to monitor trends closely for upcoming volatility.

06/20/2025 Logistics
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UBS Europe Explains SWIFT Codes for Crossborder Transfers

UBS Europe Explains SWIFT Codes for Crossborder Transfers

The SWIFT code for UBS's European branch, located in Luxembourg, is UBSWLULLSPV. This article explains the importance and usage of SWIFT codes, emphasizing the need to input accurate information for safe and timely international remittances. If you have any questions regarding international remittances, feel free to consult our professional team.