Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights
Read More
Freight Forwarders Urged to Master Customs Clearance Deadlines

Freight Forwarders Urged to Master Customs Clearance Deadlines

The customs clearance cut-off time isn't a single, publicly available time. Multiple points exist, including the port cut-off time and the shipping company's internal cut-off time. Careful planning, confirmation with multiple parties, attention to inspection status, and experience accumulation are crucial to avoid missing the cut-off and minimizing unnecessary losses. It's essential to understand these nuances and proactively manage the customs clearance process to ensure smooth export operations and prevent costly delays.

08/22/2025 Customs Knowledge
Read More
Cathay Cargo Ships Xian Artifacts to Australia

Cathay Cargo Ships Xian Artifacts to Australia

Cathay Cargo successfully airlifted 10 Terracotta Warriors and over 200 cultural artifacts from Xi'an to Australia for a significant exhibition. With professional monitoring and efficient transportation throughout the journey, the artifacts arrived safely, showcasing Cathay Cargo's expertise and commitment to cultural heritage.

08/04/2025 Logistics
Read More
Freight Industry Faces Training Gaps After Customs Mishap

Freight Industry Faces Training Gaps After Customs Mishap

A freight forwarder from Suzhou, Jiangsu, posted on a freight forwarding forum seeking help with a Wusong Customs issue, sparking industry attention. The post, titled with a sentiment of 'not wanting to continue' in the business, highlights the challenges new freight forwarders may face. This incident serves as a reminder for the industry to strengthen training and guidance for newcomers, promoting healthy industry development. It underscores the need for mentorship and readily available resources to support those new to the complexities of freight forwarding operations.

08/21/2025 Customs Knowledge
Read More
Freight Forwarding A Beginners Guide to Industry Mastery

Freight Forwarding A Beginners Guide to Industry Mastery

Freight forwarding newcomer Claudechen27 shares experience on Shipment Master, covering areas like processing trade, shipping company inquiries, and port terminology interpretation. He actively engages and helps others, demonstrating solid business skills and a thirst for knowledge. The article emphasizes the importance of actively participating in industry exchanges, continuously learning, and summarizing experience, providing a valuable reference for freight forwarding newcomers. It highlights practical tips and insights gleaned from real-world application, encouraging new professionals to actively engage and contribute to the industry.

08/22/2025 Logistics Encyclopedia
Read More
Freight Forwarding Forum User Ttdbb0089 Shares Industry Insights

Freight Forwarding Forum User Ttdbb0089 Shares Industry Insights

This article delves into the personal page of ttdbb0089, a user on the Jiyun Baodian forum, interpreting their Q&A and experience sharing in the freight forwarding field. By analyzing their participation in questions and recent activities, it reveals their familiarity with freight forwarding operation processes, understanding of market conditions, and willingness to share. This provides valuable reference and learning for freight forwarding practitioners, highlighting key insights and practical knowledge gleaned from their contributions.

08/23/2025 Logistics Encyclopedia
Read More