US Dollar Surges to 718 Yuan Amid Currency Shift

US Dollar Surges to 718 Yuan Amid Currency Shift

Recently, the exchange rate of the US dollar to the renminbi is 1 USD = 7.18267 RMB, meaning 100 USD can be exchanged for 718.26 RMB. The strength of the dollar is attributed to a global economic slowdown and investor demand for safe-haven assets. Financial experts advise paying attention to exchange rate fluctuations to mitigate risks and seize opportunities.

Douyin Sellers Boost Sales with Optimized Product Cards

Douyin Sellers Boost Sales with Optimized Product Cards

This article details how to acquire product card traffic for TikTok Shop. It focuses on key steps such as keyword optimization, product inclusion in the traffic pool, click-through rate and conversion rate optimization, and precise product selection. By mastering these techniques, merchants can effectively increase product exposure and achieve zero-cost traffic acquisition, thereby boosting store performance.

12/31/2025 Logistics
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US Edible Oil Imports Face Tariff Shifts Under HS Code 151790

US Edible Oil Imports Face Tariff Shifts Under HS Code 151790

HS Code 151790 pertains to the tariff classification of other blended edible oils, making it essential for traders to understand the tax implications of this coding. Utilizing the Flexport tariff simulator allows for real-time calculation of tariff impacts, providing businesses with a competitive edge in the market.

Global Trade Trends in Medical Products Under HS Code 30

Global Trade Trends in Medical Products Under HS Code 30

This article provides a detailed explanation of HS Code 30 related to medical and biological products, covering categories such as gland and organ extracts and blood products. It analyzes the regulatory requirements and tax rates for each classified item, aiming to enhance readers' understanding of international trade regulations.

Container Freight Rate Surge And BDI Decline A Comparative Analysis Of Foreign Trade Recovery And Market Structure

Container Freight Rate Surge And BDI Decline A Comparative Analysis Of Foreign Trade Recovery And Market Structure

This article analyzes the underlying reasons for the sharp rise in container shipping prices alongside the continuous decline of the Baltic Dry Index (BDI) in the bulk cargo market. It points out that the container shipping market is thriving due to the recovery of foreign trade, while the bulk cargo market is in decline due to weak steel demand, revealing the opposition and mutual influence between the two in the context of economic reality.

07/24/2025 Logistics
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Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

The Guangzhou Port Authority announced a trial run of the 'Pearl River Shipping Freight Rate Index' aimed at optimizing bulk logistics and enhancing Guangzhou's market influence. The forum discussed the advantages of strengthening river-sea and rail-water transportation. Future efforts will focus on increasing infrastructure development and port capacity. Additionally, the index will monitor freight rate fluctuations in real-time, providing valuable reference for the industry and contributing to Guangzhou's goal of becoming an international shipping center.

11/21/2023 Logistics
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Freight Forwarder Addresses Cargo Inspection Delays

Freight Forwarder Addresses Cargo Inspection Delays

This paper explores common issues in freight forwarding, such as inspection delays, integrated export customs sealing, and ENS data modification, based on questions and experience shared by freight forwarding forum user WHZC. By analyzing potential costs, impacts, and offering suggestions, it aims to help freight forwarding professionals better respond to unexpected situations, improve work efficiency, and reduce operational risks. The discussion provides practical insights for navigating challenges related to customs inspections and export procedures, ultimately contributing to smoother and more efficient freight forwarding operations.

UN3536 Guide for Shipping Lithium Battery Storage Containers

UN3536 Guide for Shipping Lithium Battery Storage Containers

This article provides a detailed interpretation of UN3536 regulations concerning the sea freight export of lithium battery energy storage containers. It focuses on the key requirements for exporting SOC (State of Charge) battery energy storage cabinets, including UN38.3 testing, classification and packaging, and dangerous goods declaration. The aim is to assist companies in achieving compliant and safe export practices. The article covers essential aspects to ensure adherence to international shipping regulations and minimize risks associated with transporting lithium battery energy storage systems by sea.

Guide to Safe Limited Quantity Shipping for Dangerous Goods

Guide to Safe Limited Quantity Shipping for Dangerous Goods

Troubled by the lack of a Dangerous Goods Packing Certificate for exporting hazardous materials? This article unveils the alternative solution of "Limited Quantity Declaration." It details the principles, scope, operational key points, and precautions of limited quantity packaging, helping you smoothly solve the challenges of dangerous goods export. Ensure your cargo reaches its destination safely and compliantly by understanding and utilizing this method. This allows for the export of small quantities of certain hazardous materials without the full requirements of a dangerous goods packing certificate.

Carbon Black Exports Shift to LCL Ocean Freight

Carbon Black Exports Shift to LCL Ocean Freight

This article details the operational process of exporting carbon black via LCL (Less than Container Load) sea freight. It covers key steps such as document preparation, shipping schedule arrangement, cargo warehousing, customs declaration materials, bill of lading confirmation, and customs clearance. The aim is to assist exporters in completing carbon black export business efficiently and smoothly, providing a comprehensive guide to navigate the complexities of LCL shipments and ensure a successful export process. It highlights important considerations for handling and transporting this specific chemical product.