The Cushman & Wakefield report indicates that in the second quarter of 2023, the U.S. industrial real estate market remained stable, driven by logistics resilience. There was strong demand for new warehousing facilities; however, the western regions faced negative absorption pressures. It is expected that in the coming years, new supply will continue to exceed absorption until 2027, when the market is forecasted to reverse.
On the 15th, Dragonair launched a new route from Shanghai Hongqiao Airport to Hong Kong, with one daily flight using Airbus A330 aircraft. This move will further increase flight options between the two locations and enhance the convenience of travel for passengers. As a comprehensive transportation hub, Hongqiao Airport offers an improved travel experience, promoting economic and cultural exchanges between Shanghai and Hong Kong. The opening of this new route is significant for Dragonair's development in the mainland.
The 16th China International Logistics Festival will take place from April 8 to 10, 2024, in Xi'an, focusing on logistics development under the New Silk Road. This major event will gather experts and leaders from various sectors, featuring forums and exhibitions to explore international logistics cooperation and regional economic opportunities, promote trade exchanges, and support Xi'an in becoming a global logistics hub.
Tianjin Port has partnered with China National Foreign Trade Transportation Group to enhance inland logistics network construction. The collaboration focuses on optimizing transportation structures through a dry port system, promoting sea-rail intermodal transport and scheduled road services. Leveraging the geographical advantages of the Tianjin port, they aim to improve logistics efficiency.
Waigaoqiao Shipbuilding has commenced the construction of six 21,000 TEU container ships, setting a new record for China's shipbuilding industry and showcasing its competitive strength in the market.
The new Verified Gross Mass (VGM) regulations require all containers to declare their total weight before loading, and exporters must be aware of their legal responsibilities. Failure to provide compliant information may result in cargo not being loaded. Ports and transport companies need to establish new mechanisms to handle VGM data, enhancing transparency in supply chain management and raising compliance awareness to avoid potential economic losses due to violations.
This article provides a detailed interpretation of the structure, application scope, and query methods for the 13-digit HS code in the new version of the customs declaration form. It emphasizes that all import and export goods must use the 13-digit code and provides the official website for querying. The aim is to help foreign traders and freight forwarders quickly master the new regulations and successfully complete customs declaration.
Executives from a German logistics company expressed their enthusiasm for participating in the Belt and Road Initiative during a meeting in Leipzig. They announced the launch of three new intercontinental transport routes to enhance global logistics efficiency. The activation of new distribution centers will boost transfer capabilities and create numerous job opportunities. Local governments are focused on foreign investment and aim to attract more international businesses to establish operations in the region.
This article introduces key terms in freight logistics, such as single release, single drag, double drag, and double back, explaining their definitions and distinctions. It provides a detailed analysis of these terms in light of the new traffic regulations implemented on September 21, helping readers better understand industry terminology. The article focuses on the reasons for the new regulations, particularly the punitive measures for overloading and their profound impact on freight methods.
The overseas warehousing dropshipping service in the US offers cross-border e-commerce sellers a fast and efficient shipping solution. By shortening delivery times, reducing operational costs, enhancing logistics flexibility, and optimizing customer experience, dropshipping helps sellers gain an advantage in a competitive market. Additionally, this service accommodates personalized product needs, further enhancing sellers' market competitiveness.
