Austria Post's financial report for the first quarter indicates a slight revenue increase to €763.6 million, while operating profit fell by 7.6% to €48.4 million. The mail division experienced a 5.1% decline in revenue, whereas the parcel and logistics segment saw a 3.8% rise. Inflation has impacted performance, showing decent results in the Turkish market, but revenue has decreased in Southeast and Eastern European markets.
Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.
The International Air Transport Association (IATA) is committed to achieving net zero CO2 emissions by 2050. It promotes sustainability in the aviation sector through measures such as combating wildlife smuggling, reducing noise, and managing waste. IATA will host a series of conferences, including the World Sustainable Development Symposium and the Aviation Energy Forum, to facilitate industry communication and collaboration, collectively moving towards a greener future.
The first cold chain transport train in the Yangtze River Delta commenced operations on July 18, 2023, focusing on fresh products like frozen meat. The travel time has been reduced to 38 hours, with costs lowered by 20%. This train will run on a regular weekly schedule and plans to expand to multiple cities nationwide, promoting the development of a cold chain railway transportation network.
Verified Gross Mass (VGM) refers to the total weight of cargo including its packaging and container, playing a crucial role in ensuring cargo safety. Shippers must provide accurate VGM as required by SOLAS, using either weighing methods or component weighing methods to avoid loading delays and safety risks. Accurate VGM not only protects the interests of shippers but also upholds the overall safety of the shipping industry.
This article analyzes the policies regarding direct loading versus hazardous warehouses for dangerous goods transportation. Specifically, Class 8 and 9 dangerous goods can be directly loaded without entering hazardous warehouses, while certain special Class 6 products require case-by-case handling. It details the operational procedures at Yangshan and Outer Port, along with current hazardous warehouse service conditions, emphasizing the importance of understanding these regulations.
This article provides a detailed analysis of the various costs involved in air freight export under the 'Door-to-Door' (DDP) pricing model, including pickup fees, export customs fees, packaging fees, air freight charges, insurance fees, and other costs in the destination country. By clarifying the cost components, it helps merchants and customers better understand and manage transportation costs, ensuring transparency and compliance in international trade.
This article analyzes the relationship between the billing weight and actual weight of air cargo, highlighting how airlines calculate fees based on cargo density. It presents the billing weight calculation formulas for both heavy and lightweight cargo, notes potential discrepancies in dimension measurements by airlines, and advises customers to verify billing weight through cargo tracking services. This information aims to help customers better manage their transportation costs.
This article analyzes the rise of freight apps in the logistics market and their impact on pricing, drivers, and companies. While freight apps provide convenience for users, they have not fundamentally addressed the issue of excess capacity leading to falling prices. Additionally, businesses and logistics companies still prefer to collaborate with familiar partners, and the role of information departments has not been replaced by apps.
Shenzhen is a global leader in promoting pure electric logistics vehicles, aiming to achieve a 50% usage rate by 2020. The first China New Energy Vehicle (Logistics Vehicle) Challenge is set to take place on December 20, attracting numerous automakers and logistics giants. Shenzhen's initiatives target the promotion of 9,203 pure electric logistics vehicles, contributing to the establishment of a green urban delivery system.
