UPS has announced the enhancement of the “India-Germany” air freight route to increase air transport capacity and meet the growing trade demand. The newly added Boeing 747-8 flights will effectively connect the Indian and European markets, boosting India's export economy to new heights.
Outpost has added four new freight terminals, transitioning from a single fleet service to a comprehensive shared terminal model. This initiative aims to provide a full range of logistics solutions, including cross-docking, maintenance facilities, and warehousing space, enhancing service efficiency and market competitiveness.
Uber Freight has launched an AI-driven logistics management system that utilizes nearly $20 billion in freight data to enhance decision-making and transportation efficiency, transcending traditional task automation. This system improves customer experience and supply chain transparency through real-time data processing and intelligent analytics, marking a significant digital transformation in freight management.
According to the Association of American Railroads, June showed positive growth in U.S. rail freight volume, although cross-border freight experienced a decline. This trend reflects the complex changes in the economic environment, with a year-on-year increase in total load during the first half of the year. Future market dynamics will depend on fluctuations in global supply chains and consumer demand.
Japan Transport is set to launch a China-Europe railway freight service aimed at facilitating the flow of goods between Europe and China. This new option for transporting small amounts of cargo offers a transit time of 18-21 days at only one-third the cost of air freight, catering to demands for quicker deliveries without urgency. Furthermore, Japan Transport plans to primarily target Japanese companies, providing them with more efficient logistics solutions for their operations in both China and Europe.
This article provides a thorough analysis of the components of freight forwarding costs in foreign trade, highlighting the differences between fixed and variable costs and how to set reasonable quotes to remain competitive. By offering examples of freight forwarding charges, discussing the impact of designated forwarders, and strategizing to cope with fluctuating shipping rates, it aims to help professionals in foreign trade master the calculation methods for these costs, thereby enhancing their business efficiency.
In air freight quotations, the symbol '+' indicates that the weight exceeds a specific value, typically displayed in kilograms, such as '100+' meaning over 100 kilograms. Air shipments are classified as heavy cargo or dimensional cargo, with heavy cargo charged by weight and dimensional cargo based on volume and actual weight. Understanding this information is crucial for effectively managing logistics costs.
This article introduces several major international airlines, including American Airlines, Lufthansa, Ukraine International Airlines, EgyptAir, SriLankan Airlines, Swiss International Air Lines, and Cathay Pacific/Dragonair. It analyzes their flight characteristics, advantages, and freight services, assisting freight forwarders in selecting suitable airlines to meet the diverse needs of different clients.
As the number of carriers increases, competition in the domestic transport market intensifies. To ensure timely collection of freight and reduce risks, carriers must carefully draft contracts that specify prepaid freight terms and identify the true payer. Furthermore, shortening freight payment periods and signing agreements with reputable charterers are essential measures to protect interests.
Freight forwarders play a vital role in international trade. An excellent forwarder should provide competitive pricing, flexibility in delivery schedules, control of goods, tracking of cargo status, handling urgent shipments, and managing documentation. Choosing the right forwarder requires attention to their preferred routes, pricing, and services. Verifying quotes from forwarders ensures transparency, which contributes to the smooth development of business relationships.
