Sri Lankan Rupee Hits Record Low of 10000 Against USD

Sri Lankan Rupee Hits Record Low of 10000 Against USD

Recent data shows that 10,000 Sri Lankan Rupees (LKR) can be exchanged for approximately 33.25 US Dollars (USD), with the current exchange rate at 1 LKR = 0.00332541 USD. This update reflects the current state of the Sri Lankan economy and highlights the importance for citizens to pay attention to related currency fluctuations.

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.

07/21/2025 Logistics
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Guam Airport Strengthens Western Pacific Connectivity

Guam Airport Strengthens Western Pacific Connectivity

Guam's Antonio B. Won Pat International Airport, located in Agana, Guam, is a vital civilian airport. Serving as an operating base for United Airlines and Asia Pacific Airlines, the airport has a rich history, originating as a military airfield during World War II. After multiple expansions, the airport boasts modern facilities and a comprehensive route network, connecting Guam with Asia and the Pacific region. It is not only Guam's aerial gateway but also a key facilitator of local tourism and economic development.

Chinas Air Cargo Industry Shifts to Paperless Operations

Chinas Air Cargo Industry Shifts to Paperless Operations

Six major airlines and freight forwarders have jointly launched a paperless pilot program for electronic cargo accompanying documents at Pudong Airport. This initiative aims to simplify customs clearance and inspection processes, improve efficiency, reduce costs, and promote the sustainable development of air cargo. As the world's first such initiative jointly launched by airlines and freight forwarders, it marks a solid step in China's air cargo digital transformation. This will promote the construction of Shanghai's air cargo hub, achieving paperless, visualized, and intelligent operations.

09/26/2025 Logistics
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Lopez Island Airport Key to San Juan Islands' Connectivity

Lopez Island Airport Key to San Juan Islands' Connectivity

Lopez Island Airport, with the IATA code LPS, is located on Lopez Island in Washington State, 6 kilometers from the central business district. Covering 50 acres and situated at an elevation of 64 meters, the airport features an 885-meter runway and offers flight services from airlines such as Kenmore Air and San Juan Airlines, primarily connecting to Anacortes and Bellingham. As a key hub for general aviation, 75% of its operations cater to diverse demands, making it an ideal choice for air transportation.

US Air Freight Firms Adopt Strategies to Reduce Lowvalue Goods Waste

US Air Freight Firms Adopt Strategies to Reduce Lowvalue Goods Waste

This article delves into the predicament of low-value goods facing destruction in the US air freight line due to policy changes or cost inversions. It analyzes the policy factors triggering mandatory destruction, the cost threshold for economical destruction, and proposes strategies to avoid unnecessary destruction. The aim is to help cross-border e-commerce sellers mitigate risks and optimize their logistics solutions. This includes exploring alternative disposal methods and proactive inventory management to minimize losses associated with potential product destruction in the competitive US market.

11/03/2025 Logistics
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