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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Key Differences Between Delivery Notices and Shipping Orders Explained

Key Differences Between Delivery Notices and Shipping Orders Explained

This article analyzes the differences, connections, and application scenarios of Arrival Notices and Shipping Orders (S/O) in freight forwarding practice from a data analyst's perspective. By interpreting and comparing key information, it helps readers clearly understand the roles of these two documents, avoid confusion, and improve freight forwarding efficiency. It provides a practical guide for understanding these crucial documents and their impact on the overall shipping process.

09/26/2025 Logistics Encyclopedia
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Guide to Accurate VGM Declarations for Shipping Compliance

Guide to Accurate VGM Declarations for Shipping Compliance

This article provides a detailed interpretation of the VGM (Verified Gross Mass) steps in the new shipping process. It emphasizes the importance of confirming shipping information, obtaining accurate container numbers, and acquiring the actual tare weight from the container's data plate. Following these steps ensures the safe and compliant transport of goods, avoiding delays and additional costs. Proper VGM implementation is crucial for adherence to regulations and efficient supply chain management.

09/28/2025 Logistics Encyclopedia
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Understanding The Differences Between Freight Forwarding, Ocean Freight Operations, And Shipping Operations

Understanding The Differences Between Freight Forwarding, Ocean Freight Operations, And Shipping Operations

This article explores the distinctions between freight forwarding, ocean shipping operations, and shipping management. A freight forwarder acts as an intermediary responsible for the transportation procedures of clients' goods, while ocean shipping operations focus on the specific processes involved in maritime shipping, including shipment and booking. Shipping management is handled by staff responsible for pricing and booking, which includes multiple steps.

07/18/2025 Logistics Encyclopedia
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Smart Shipping Comprehensive Monitoring of Your Perishable Goods

Smart Shipping Comprehensive Monitoring of Your Perishable Goods

Transporting perishable goods is a complex task, especially in ensuring safety and freshness. With a remote container management system, you can monitor cargo conditions in real-time, providing full transparency from loading to delivery. This smart technology not only enhances logistics efficiency but also ensures that goods maintain optimal conditions throughout the transport process, offering clients higher service assurance.

11/30/-0001 Logistics
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Detailed Process of Customs Clearance for LCL Shipping

Detailed Process of Customs Clearance for LCL Shipping

This article focuses on the customs clearance procedures involved in LCL (Less than Container Load) shipping, including the preparation of cargo lists, document submission, duty payment, and customs inspections. Given that LCL shipments involve multiple shippers, the customs clearance process can be complex. It is advisable for shippers to seek assistance from experienced agents to ensure compliance and smooth release. Understanding these steps is crucial for the success of international trade.

11/30/-0001 Logistics Encyclopedia
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A Comprehensive Comparison of LCL and FCL Shipping

A Comprehensive Comparison of LCL and FCL Shipping

LCL (Less than Container Load) and FCL (Full Container Load) are crucial shipping methods in international logistics. LCL is suitable for shipments that do not fill a container, allowing multiple shippers to share space, offering flexibility and cost-effectiveness, though it has longer transit times and higher risks. Conversely, FCL is ideal for bulk cargo, providing enhanced security and shorter transport times, with more fixed costs. Therefore, the choice of shipping method should be evaluated based on specific needs.

11/30/-0001 Logistics Encyclopedia
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Efficient LCL Shipping Tailored Solutions for Your Goods

Efficient LCL Shipping Tailored Solutions for Your Goods

LCL (Less than Container Load) shipping provides businesses with flexible and efficient logistics solutions, particularly suited for shipments that do not fill an entire container. Its advantages include flexibility, reliability, and visual management, ensuring transparency and control throughout the transportation process. Both small and large enterprises can leverage LCL services to reduce costs, optimize inventory control, and achieve efficient operations, enabling rapid responses to market demands.

11/30/-0001 Logistics
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