Recent data shows that container freight rates from Shanghai to Europe and the Mediterranean rose by 27.2% and 23.5% within a week, with increases of 170% and 203% compared to the same period last year. The box shortage and demand recovery are the main driving factors, which may impact the global trade landscape in the future.
The Port of Los Angeles is the largest container port in the United States, connecting the east and west coasts with global trade, handling an average of $1.2 billion in cargo daily. The port supports approximately 900,000 jobs and has a history dating back to 1542. Today, it stands as a vital hub for global logistics, showcasing its significant economic and historical value.
This article analyzes the differences between the free storage period and the free container period. By effectively utilizing these terms, transportation costs can be reduced, and operational efficiency can be improved.
FedEx has recently revised the calculation method for freight surcharges, rounding up the dimensions of any package starting from August 18. This change undoubtedly brings new challenges to B2C e-commerce shippers, testing their ability to gain a competitive advantage within a complex freight rate structure.
The transportation of dangerous goods involves strict operational procedures and documentation requirements. Booking must be made at least 10 working days in advance, submitting necessary documents, including the power of attorney, hazardous material assessment results, and technical specifications, ensuring the information is detailed and accurate. Additionally, attention must be paid to packaging, labeling, and training requirements to avoid issues during transport.
The mandatory weighing of containers is being implemented in various countries, presenting new challenges for supply chains. Port operators in the UK and the US are taking measures to address these issues by establishing weighing facilities and requiring shippers to submit information in advance to ensure smooth export processes. Despite the diverse challenges faced, ports are dedicated to optimizing workflows to guarantee the safe loading of containers and seamless logistics.
This article examines the "self-haulage, self-declaration, self-delivery to port" model in ocean freight. Shippers delegate these tasks to specialized partners to streamline costs and enhance service. Under FOB terms, they prefer their own forwarders or carriers over consignee-nominated agents, avoiding premium charges and subpar service.
Express delivery giants like SF Express are accelerating their transformation. Yousu has expanded its delivery weight range, resulting in a 60% increase in business volume and successfully securing 300 million yuan in financing.
This article provides a detailed analysis of how to prepare customs declaration packing lists and invoices for clients in international trade, according to the principle of 'separate customs declaration, consolidated documentation.' It emphasizes the impact of destination port customs clearance requirements on document preparation and highlights the independence between customs declaration in the exporting country and customs clearance in the importing country.
Inventory turnover rate critically impacts cash flow and operational costs. This article explains its calculation, significance, and influencing factors, while proposing optimization strategies through procurement, production, and sales adjustments. Real-world case studies highlight its pivotal role in competitive sustainability.
