TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

The TACT (The Air Cargo Tariff) is an air freight rate manual published by the International Air Transport Association. It addresses inconsistencies in airline rate manuals that emerged in the 1970s. TACT consists of three parts: TACT Rules, North American rates, and global rates. It covers carrier rules, charges, rates, and special provisions, providing standardized references for international freight, thereby enhancing industry efficiency.

Auckland Port Sees Steady Increase in Container Throughput for May

Auckland Port Sees Steady Increase in Container Throughput for May

Oakland Port maintained stable container throughput in May at 187,389 TEUs, showing a slight year-on-year decrease but a month-on-month increase. Export loads rose 4% monthly and 8.7% annually, driven by agricultural and refrigerated cargo. Despite lower empty container movements, overall operations remained unaffected. The port noted global trade uncertainties haven't weakened core demand resilience.

06/23/2025 Logistics
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SGD to USD Exchange Rate Trends Impact Investments

SGD to USD Exchange Rate Trends Impact Investments

This article analyzes the exchange rate trends of the Singapore dollar (SGD) against the US dollar (USD), with the current exchange rate at 1 SGD = 0.778391 USD, reflecting a 3.22% increase over the past year. By presenting details of the exchange rate and both currencies, it explores how investors can utilize exchange rate dynamics to optimize their investment decisions.

Air Freight Costs and Route Arrangements from Zhengzhou to Bogota

Air Freight Costs and Route Arrangements from Zhengzhou to Bogota

This article analyzes the air freight costs and route arrangements for shipments from Zhengzhou to Bogota. Turkish Airlines provides transportation services with multiple flight options. The standard freight rate is 145.0 RMB per kilogram, which includes fuel and security fees, but does not cover other additional charges.

11/30/-0001 Logistics
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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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Moldovan Leu Volatility Against USD Sparks Economic Concerns

Moldovan Leu Volatility Against USD Sparks Economic Concerns

The exchange rate between the Moldovan Leu (MDL) and the US Dollar (USD) has shown volatility recently, with 5,000 MDL equating to approximately 294.59 USD. The annual increase rate is 3.17%, while the lowest rate in the past 30 days was 0.058346. Monitoring these changes can assist investors and consumers in making better financial plans.