The private express delivery industry has experienced significant growth over the past 30 years, becoming a major player in the market. The latest draft of the "Private Economy Promotion Law" emphasizes fair competition and supports private enterprises. Although there is some competition with China Post, there is potential for cooperation in areas like express services.
The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.
Escalating Israel-Iran tensions and widespread GPS disruptions in the Strait of Hormuz have slashed tanker traffic. Soaring charter rates and insurance premiums reflect heightened risks, with global shipping sectors on high alert.
The State Post Bureau, in collaboration with eight departments, has released guidelines aiming to establish approximately 30 express delivery hubs by 2027 and 80 by 2035. The goal is to create an efficient, safe, and green express delivery network, promote modernized services, and facilitate coordinated trade and economic development.
This article discusses important considerations for exporting dangerous goods to South Korea via Less than Container Load (LCL) shipping. It covers port requirements, necessary packaging labels, customs regulations, and applicable categories of dangerous goods, aiding businesses in compliant and safe international trade.
This article explores the transportation challenges and solutions associated with Amazon FBA, focusing on modes of transport, inbound requirements, and inventory management.
This article analyzes the service characteristics and market advantages of four major courier companies: UPS, FedEx, TNT, and DHL.
Ningbo Ocean recently announced an investment of $278 million to build four 4,300 TEU new container ships, currently selecting a shipyard through a bidding process. The company has also placed an order for four 2,700 TEU ships with Huangpu Wenchong, expected to be delivered in 2027. This initiative will enhance its global capacity and market competitiveness.
The Export-Import Bank of China supports Mediterranean Shipping Company's procurement of Chinese shipping containers through export buyer's credit, deepening their cooperation. The bank's innovative "China Model" ship financing solution provides financial services for foreign shipowners ordering Chinese ships, promoting the export of high value-added containers and upgrading the shipping industry chain. This enhances the international competitiveness of Chinese manufacturing by facilitating the export of ships and containers.
Struggling with VGM calculation? This article compiles online query links for container tare weights from major shipping companies. Simply enter the container number to quickly obtain accurate tare weight information. Say goodbye to guesswork and improve the efficiency and accuracy of your VGM calculations. This helps ensure the safe and efficient transportation of goods. It provides a convenient maritime tool to streamline the VGM process and reduce potential errors related to weight discrepancies.
