power bank transportation News

Bank of America Index Shows High Costs Low Volumes in US Logistics

The Bank of America Freight Payment Index indicates a decrease in freight volumes during the fourth quarter, while freight spending reached a record high. Driver shortages, rising fuel prices, and ongoing supply chain challenges are key contributing factors. Regional performance varied, with the Western region experiencing the largest increase in spending. To navigate these challenges, businesses need to optimize their supply chains, strengthen collaboration, diversify transportation options, and embrace digital transformation. These strategies are crucial for mitigating the impact of rising costs and ensuring efficient freight operations in the current economic climate.

01/21/2026 Logistics Industry Insights

Ningbo Port's Smart Shore Power Project Aids Emission Reduction and Environmental Protection

The implementation of the smart shore power project at Ningbo Port will allow ocean-going vessels to draw power directly from the grid instead of relying on onboard generators. This shift is expected to significantly reduce pollutant emissions during shipping, creating a win-win situation for the terminal, shipping companies, and power suppliers. The project aims to notably decrease emissions of PM2.5, sulfur oxides, and nitrogen oxides, making a significant contribution to environmental protection.

07/21/2025 Logistics

Global Trade Relies on Diverse Shipping Methods for Efficiency

This article analyzes six primary methods of international freight transportation: sea, air, road, rail, pipeline, and intermodal transport. Each mode has unique advantages and disadvantages, suitable for different types of cargo transportation needs. By exploring these transportation methods, businesses can enhance logistics efficiency and reduce transportation costs, positioning themselves favorably in international trade.

07/28/2025 Logistics Encyclopedia

2023 Investment Outlook for the Transportation Industry: Positive Spring Festival Data for Airlines and Recovery in Bulk Freight Rates

In 2023, the transportation industry shows a positive development trend, with air passenger traffic during the Spring Festival continuously increasing, expected to achieve a year-on-year growth of 11.5%. Although there was a decline in demand in January due to the staggered Spring Festival, improvements are anticipated in February and March. Bulk shipping rates are rising, as the overall shipping industry enters a recovery phase.

01/25/2023 Logistics Industry Insights

Tianjin Port and China National Foreign Trade Transportation Corporation Join Forces to Create a New Future for Inland Logistics

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.

07/18/2025 Logistics

Habib Bank Simplifies International Transfers Via SWIFT

This article discusses how to ensure that funds reach Habib Bank Limited smoothly in international remittances by using the correct SWIFT/BIC code (HABBPKKA038) to enhance transaction security and efficiency. It also offers best practice recommendations for remittances.