Cagayan de Oro Airport Boosts Mindanao's Economy and Connectivity

Cagayan de Oro Airport Boosts Mindanao's Economy and Connectivity

Cagayan de Oro International Airport is a vital aviation hub in Mindanao, Philippines, which has been operational since 2013, offering modern air services. Covering an area of 4.17 square kilometers with a 2,100-meter runway, it efficiently meets aviation demands. The airport has an annual passenger throughput of 1.6 million, significantly boosting local economic development and serving as an important connection to several major cities.

07/29/2025 Airport Codes
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ATA Carnet Simplifies Global Trade for Exhibits and Equipment

ATA Carnet Simplifies Global Trade for Exhibits and Equipment

The ATA Carnet is used for customs clearance in international trade, suitable for various goods, including exhibition items, professional equipment, commercial samples, scientific instruments, and sports equipment. Goods using the ATA Carnet must meet specific conditions, particularly in China, where only items related to exhibitions are allowed. Understanding the relevant regulations helps ensure smooth customs procedures.

07/29/2025 Document Interpretation
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3PL Market Thrives Despite Challenges Via Tech and Consolidation

3PL Market Thrives Despite Challenges Via Tech and Consolidation

Third-party logistics (3PL) has experienced growth amidst challenges such as geopolitical issues, tariffs, costs, and labor shortages, achieved through technology investments and industry consolidation. In 2024, the net revenue of the U.S. 3PL market is expected to grow by 1.6%. Technological innovation and resource integration are becoming pivotal for the industry to tackle these challenges.

07/01/2025 Logistics Industry Insights
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Key Trends Shaping Terminal and Yard Management by 2025

Key Trends Shaping Terminal and Yard Management by 2025

The 2025 'Report on the Current Status of Terminal and Site Management' reveals how industry leaders utilize real-time data and automation technologies to enhance efficiency. Through case studies of successful implementations, businesses can adopt best practices to reduce delays, improve productivity, and gain a competitive advantage in a challenging market.

08/07/2025 Logistics Industry Insights
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Crude Oil and Tanker Stocks Show Diverging Market Trends

Crude Oil and Tanker Stocks Show Diverging Market Trends

At the beginning of 2025, the global tanker market faces uncertainty, with marked divergence in the performance of crude and product oil tanker stocks. Product oil tankers are pressured by an increase in new vessel deliveries and a slowdown in demand growth, while crude oil tankers show a more positive outlook due to recovering demand and turbulence in the international market.

05/12/2025 Logistics Industry Insights
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