New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
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Banco Nacional De Bolivia Simplifies SWIFT Codes for Global Transfers

Banco Nacional De Bolivia Simplifies SWIFT Codes for Global Transfers

This article provides a detailed analysis of Banco Nacional de Bolivia (BNB)'s SWIFT codes, including the primary code BNBOBOLXXXX and its branch codes, offering practical advice on selecting the correct code. It also emphasizes the importance of considering factors beyond the SWIFT code in cross-border remittances, such as exchange rates and transaction fees. The aim is to help readers conduct international money transfers safely and efficiently.

09/03/2025 International Settlement
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Banco Original SWIFT Codes Ease Secure Global Transfers

Banco Original SWIFT Codes Ease Secure Global Transfers

This article provides a detailed analysis of the SWIFT code usage rules for Banco Original in Brazil, emphasizing the importance of accurate SWIFT codes and offering channels to obtain the correct code. It also alerts readers to potential risks in cross-border remittances, highlighting key aspects such as verifying beneficiary information, remittance fees, and exchange rate fluctuations. The aim is to help users conduct international transfers safely and efficiently.

09/03/2025 International Settlement
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Orenburg Airport Expands As Key Hub for Russias Volga Region

Orenburg Airport Expands As Key Hub for Russias Volga Region

Orenburg Airport is a vital aviation hub in Russia's Volga region, boasting a rich history and modern facilities. It operates domestic passenger routes and charter flights, connecting Orenburg to key Russian cities and international destinations. By continuously improving service quality and expanding its route network, Orenburg Airport strives to provide passengers with a safe, convenient, and comfortable air travel experience. Furthermore, it contributes to regional economic development and facilitates international exchange.

09/26/2025 Airport Codes
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Jetstar Airways Launches Direct Flights Between China and Australia to Attract Tourists

Jetstar Airways Launches Direct Flights Between China and Australia to Attract Tourists

Jetstar Airlines announced the launch of direct flights between China and Australia by the end of the year, aiming to attract more Chinese tourists and enhance economic exchange and personnel interactions between the two countries. The airline plans to offer 35 weekly flights, focusing on the second and third-tier city markets. With the increase in outbound tourism from China, this new route could present Australia with the opportunity to welcome 8 million Chinese tourists.

07/28/2025 Logistics
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Understanding Clean and Unclean Bills of Lading in International Shipping

Understanding Clean and Unclean Bills of Lading in International Shipping

This article analyzes the definitions and distinctions between clean and unclean bills of lading. A clean bill of lading is issued when the external packaging of the goods is in good condition and has no exceptional remarks, which is crucial for foreign exchange, especially in letter of credit transactions. In contrast, an unclean bill of lading contains annotations about damaged goods or poor packaging, which may affect the smooth progress of the transaction.

07/28/2025 Logistics Encyclopedia
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West Sumatra's Padang Minangkabau Airport Boosts Tourism, Connectivity

West Sumatra's Padang Minangkabau Airport Boosts Tourism, Connectivity

Minangkabau International Airport, located in Padang, West Sumatra, Indonesia, is a modern international airport that opened in 2005, replacing the former Tabing Airport. It has become one of the most important aviation hubs in the region. The airport is designed for both functionality and aesthetics, capable of accommodating large aircraft. It receives approximately 1.3 million passengers annually and connects numerous domestic and international routes, contributing to Padang's economic development and cultural exchange.

07/29/2025 Logistics
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Nantong Port Streamlines Importexport Operations Key Insights

Nantong Port Streamlines Importexport Operations Key Insights

This article addresses the challenges faced by freight forwarding novices in import and export operations at Nantong Port, providing guidance on operating procedures and data information. It covers import container operations, the NYK exchange order process, and port data queries, aiming to create a practical and comprehensive business guide. The content helps new freight forwarders navigate the specific requirements and processes of Nantong Port, ensuring smoother and more efficient handling of import and export cargo.

08/22/2025 Port Encyclopedia
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KMTC Eases Container Return Process for Freight Forwarders

KMTC Eases Container Return Process for Freight Forwarders

This article uses the KMTC container return issue as an example, providing a detailed analysis of the return process, precautions, and strategies to help new freight forwarders avoid common pitfalls. It also explores the role of freight forwarding forums in industry knowledge exchange and offers insights into the industry ecosystem through personal data from "Mi Tu." This guide aims to improve efficiency and reduce errors in container returns for freight forwarders working with KMTC.

08/22/2025 Logistics Encyclopedia
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Freight Forwarders Gain Expert Insights on Global Shipping

Freight Forwarders Gain Expert Insights on Global Shipping

Freight Forwarding Encyclopedia aims to solve freight forwarding and consolidation challenges, providing a platform for experience exchange. It covers common issues such as demurrage fees, duplicate container numbers, container drop-off and vessel schedules, and continuously optimizes user experience to support foreign trade logistics. The content helps users navigate complex situations and improve their efficiency in international shipping. We strive to provide practical solutions and insights for smoother and more cost-effective freight forwarding operations.

08/22/2025 Logistics Encyclopedia
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