The Drewry World Container Index has fallen for five consecutive weeks, impacted by tariff policies and economic downturn, leading to weak freight rates. Analysts forecast that further demand shrinkage may increase downward pressure on future freight rates.
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.
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.
This article provides a detailed overview of the latest air freight costs and flight information from Nanjing to Istanbul, focusing on the pricing structure of Turkish Airlines. It offers practical rate standards and important considerations to help businesses and individuals efficiently choose air freight services.
This article analyzes the factors influencing the determination of container shipping freight rates, including vessel types, market competition, government policies, and exchange rate risks. It aims to help readers gain a deeper understanding of the complexities and influences behind the formation of freight rates.
This article analyzes air freight rates and flight information from Shenzhen Bao'an International Airport (SZX) to Suvarnabhumi Airport in Bangkok (BKK). It explores the base rate structure of China Southern Airlines and highlights potential additional costs, helping readers make the best air freight choices.
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.
FedEx has recently revised the calculation method for freight surcharges, rounding up the dimensions of any package starting from August 18. This change undoubtedly brings new challenges to B2C e-commerce shippers, testing their ability to gain a competitive advantage within a complex freight rate structure.
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.
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.
