The newly established EU-US trade framework, while avoiding a trade war, has increased import costs for American containers and is expected to suppress transportation demand. Meanwhile, policy changes promoting short-haul transport have altered the shipping patterns for energy goods, potentially leading to profound impacts on the shipping market.
The International Maritime Organization has set a target to reduce greenhouse gas emissions from shipping by 50% by 2050. The shipping industry is developing new fuels and eco-friendly practices; however, achieving this goal faces multiple challenges in policy and technology. Ongoing innovation and collaboration within the industry are essential.
Recent changes in China-U.S. trade policies have led to a dramatic increase in trans-Pacific freight volume, causing concerns among surveyed small and medium-sized enterprises. Despite a recovery in the market, container shipping rates continue to rise, and foreseeable policy adjustments pose challenges for the future of the shipping market.
The Orient Overseas Container Line plans to invest $20 billion in the U.S., aiming to enhance shipping and logistics capabilities over the next four years and create 10,000 new jobs. The investment will focus on fleet expansion, port facility upgrades, logistics platform development, and technological innovation, thereby driving comprehensive upgrades in the U.S. shipping industry and contributing to economic growth in the supply chain.
This article provides a detailed analysis of the key issues that cross-border e-commerce sellers should pay attention to when shipping express deliveries from Hong Kong to the United States. It covers policy regulations, customs documents, electronic customs clearance, packaging requirements, and logistics transportation options, offering guidance on how to ensure smooth shipping.
Terminal Handling Charge (THC) is a significant cost in maritime shipping, usually borne by the exporter. THC fees are categorized based on container type, with separate charges for small and large containers, while LCL is charged by gross weight or volume. Additionally, Document (DOC) fees vary by shipping line and are charged per bill. It is important to pay attention to the various aspects covered by THC fees.
This paper explores the issue of container pickup for ONE Ocean at Shanghai Port, specifically Waigaoqiao. It points out that the designated pickup location is typically determined by the shipping company. However, the possibility of picking up containers at Waigaoqiao Port may exist through transshipment or communication with the shipping line. Shippers should carefully weigh the advantages and disadvantages based on their specific needs and choose the most suitable logistics solution.
Starting from January 10, 2023, China Eastern Airlines implemented new free checked baggage standards for flights to Europe, Australia, and Japan. Economy class passengers can check in two pieces of luggage, each weighing up to 23 kg; business class and premium economy passengers can check in pieces weighing 32 kg each; first-class passengers can check in three pieces. Additionally, members enjoy extra baggage privileges. The new standards aim to enhance service experience and cater to the diverse needs of passengers.
This article compiles frequently asked questions from freight forwarding forums, covering various aspects such as consolidated container pickup, inspection procedures, and shipping line operations. It provides practical answers and suggestions to help freight forwarding professionals solve real-world problems and improve their work efficiency. The information aims to assist practitioners in navigating common challenges related to container handling, customs inspections, and interactions with shipping companies, ultimately contributing to smoother and more efficient logistics processes.
BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.
