UPS Revises Strategy Over Tariffs Market Volatility

UPS Revises Strategy Over Tariffs Market Volatility

UPS is adjusting its strategy to address challenges posed by tariffs and market uncertainties. The company is enhancing its competitiveness through cost reductions, decreasing reliance on Amazon, and launching new services. These efforts aim to regain market confidence and explore new growth opportunities in a complex environment.

08/06/2025 Logistics
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Lithium Batteries Drive Electric Forklift Industry Transformation

Lithium Batteries Drive Electric Forklift Industry Transformation

Advancements in lithium-ion batteries have made electric forklifts superior to traditional internal combustion forklifts in terms of efficiency, environmental impact, and cost. This has led to an increasing number of companies transitioning to electric forklifts, supporting sustainable development in the industry and enhancing market competitiveness.

08/06/2025 Logistics
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Key HS Codes and Export Tax Refunds for Global Trade

Key HS Codes and Export Tax Refunds for Global Trade

This article analyzes the characteristics, measurement units, and export tax rebate rates of goods under 12 categories of HS codes, with a particular emphasis on the significance of plant products intended for human consumption and animal feed. It provides traders with references for compliance and cost control.

Guide to Converting Singapore Dollars to US Dollars

Guide to Converting Singapore Dollars to US Dollars

This article presents the exchange rate between Singapore Dollar (SGD) and US Dollar (USD), along with our efficient currency conversion services. By providing automatically updated exchange rates and personalized quotes for large transactions, we assist clients in easily managing international cash flows, ensuring security and cost savings.

Air Freight Price Overview from Nanjing to Almaty

Air Freight Price Overview from Nanjing to Almaty

This article analyzes the air freight pricing information from Nanjing to Almaty. Depending on the weight of the cargo, the shipping costs range from 58.5 CNY (for 45 kg) to 34 CNY (for 1000 kg). The transport is carried by Silk Road Western Airlines, which includes truck transfer from Nanjing to Shanghai and subsequent segments to Almaty. It is important to note that prices exclude customs clearance and documentation fees, and goods from hostile countries are not accepted.

07/22/2025 Logistics
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Air Freight Pricing Overview from Guangzhou to Liege

Air Freight Pricing Overview from Guangzhou to Liege

This article provides detailed information about air freight prices and related details for shipments from Guangzhou to Liege. The rates vary by season, with costs for ordinary goods ranging from 68.5 to 43.5 yuan, and specific shipping fees should be confirmed with customer service. China Southern Airlines offers direct flights, and transferring to Liege is also convenient. Additional fees such as customs and handling charges need to be understood in advance to ensure a smooth transportation process.

11/30/-0001 Logistics
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Distinguishing Between Free Demurrage and Free Detention

Distinguishing Between Free Demurrage and Free Detention

The concepts of free storage period and free container period are crucial in shipping. The free storage period refers to the timeframe during which containers can be stored at the terminal or yard without charge, while the free container period is the duration that the cargo owner can use the container for free. For imports, the common total of free storage and free container periods is 14 days, while for exports, it is usually 7 days.

Comprehensive Guide to Handling Marine Cargo Damage

Comprehensive Guide to Handling Marine Cargo Damage

As a major mode of transportation in international trade, marine shipping often encounters cargo damage issues. This article explores approaches to handling cargo damage, including identifying the carrier's liability period, the claims process after purchasing insurance, the necessity of cargo damage inspections, and strategies for multiple claims. By analyzing specific cases, it emphasizes the importance of distinguishing legal relationships, determining liability, and the right of subrogation, aiming to provide guidance for managing cargo damage during marine transportation.