Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang announced a phased increase in container handling and storage fees starting in 2025, with a maximum rise of 243%. This policy has far-reaching effects on the global freight forwarding industry, squeezing profits for some companies and prompting more customers to turn to alternative ports. In response, freight forwarders are seeking strategies to cope with these changes, adjusting pricing mechanisms while also facing government bailouts.

06/20/2025 Logistics
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In-depth Analysis of Overseas Warehouses: New Opportunities and Challenges in Cross-border E-commerce

In-depth Analysis of Overseas Warehouses: New Opportunities and Challenges in Cross-border E-commerce

Overseas warehouses, as a crucial infrastructure for cross-border e-commerce, are rapidly becoming a new highlight in international trade. This article explores the classification of overseas warehouses and their support role in cross-border e-commerce, analyzing their advantages and challenges under the current pandemic impact. It also provides strategies for selecting suitable overseas warehouses, offering sellers a competitive edge in the global market.

07/15/2025 Logistics Encyclopedia
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FMCG Supply Chains Shift Toward Collaborative Models

FMCG Supply Chains Shift Toward Collaborative Models

The FMCG industry faces supply chain fragmentation, requiring enhanced resilience and agility. Key strategies include diversifying suppliers, localizing production, embracing digital transformation, and implementing flexible manufacturing. The ultimate goal is to break down silos, enabling information sharing and collaborative operations, thereby creating a more competitive and sustainable supply chain. Building a resilient and adaptable supply chain is crucial for success in the fast-paced FMCG market.

09/26/2025 Logistics Industry Insights
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SWIFTBIC Codes Key for International Transfers to Ecuador

SWIFTBIC Codes Key for International Transfers to Ecuador

This article provides a guide to finding SWIFT/BIC codes in Ecuador. It details how to locate, use, and verify these codes, highlighting the risks associated with using incorrect information. The article also compares SWIFT/BIC codes with IBANs. Furthermore, it offers strategies to reduce the costs of international money transfers. The aim is to help readers ensure accuracy when making international remittances to Ecuador.

09/02/2025 International Settlement
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Upgrading Inland Transport Boosts Supply Chain Resilience

Upgrading Inland Transport Boosts Supply Chain Resilience

This article delves into the crucial role of inland transportation within the supply chain, covering aspects such as import/export, cold chain logistics, European market expansion, Indian logistics growth, sustainable logistics, Turkish market opportunities, and supply chain resilience. It emphasizes that by optimizing inland transportation strategies, businesses can effectively improve supply chain efficiency, reduce costs, and enhance competitiveness, ultimately achieving success in complex and volatile market environments.

09/28/2025 Logistics Industry Insights
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Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Global Trade Faces Emergency Bunker Surcharge Amid Soaring Fuel Costs

Rising fuel prices have led shipping companies to implement Emergency Bunker Surcharges (EBS), increasing transportation costs for shippers. This article analyzes the reasons behind fuel price increases, explores the impact of EBS, and proposes coping strategies for shippers. It also looks ahead to sustainable development solutions for the shipping industry, aiming to mitigate the impact of fuel price volatility and promote environmentally responsible practices in maritime transport.

11/03/2025 Logistics Encyclopedia
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Guide Helps Truckers Navigate International Roadside Inspections

Guide Helps Truckers Navigate International Roadside Inspections

International Roadcheck is the largest commercial vehicle safety inspection program globally, impacting freight capacity, causing delays, and increasing costs. This article details the definition, key inspection areas, and impacts of International Roadcheck. It offers strategies to mitigate these effects, including advance planning, selecting reputable carriers, and ensuring cargo compliance. The aim is to help shippers and carriers better navigate International Roadcheck, minimizing its impact on freight operations.

11/03/2025 Logistics
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Global Trade Shifts Boost Freight Forwarders Prospects

Global Trade Shifts Boost Freight Forwarders Prospects

Increased volatility in the global trade system presents both challenges and opportunities for the freight forwarding industry. Freight forwarders with strong risk management capabilities and flexible strategies can help clients navigate disruptions and create greater value by optimizing transportation solutions and reducing logistics costs. This enables them to stand out in the competitive market and achieve sustainable development in the face of trade fluctuations.

11/03/2025 Logistics Industry Insights
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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Lifting Age Restrictions on A2 Licenses The Truth Behind the Driver Shortage in the Logistics Industry

Lifting Age Restrictions on A2 Licenses The Truth Behind the Driver Shortage in the Logistics Industry

The new policy lowering the age for obtaining an A2 license has drawn attention as it may temporarily alleviate the driver shortage in the logistics industry. However, it does not address the scarcity of skilled drivers. Young people face challenges entering the industry due to high work intensity and low social status. There is a need to explore long-term strategies for effectively cultivating talent in this sector.

07/24/2025 Logistics
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