Global Air Freight Trade Bolstered by Cargo Insurance

Global Air Freight Trade Bolstered by Cargo Insurance

International air cargo insurance protects the interests of cargo owners and supply chain stability through risk transfer mechanisms. This article details the differences in coverage between air transport insurance and all risks insurance, and how to maximize insurance effectiveness through precise underwriting strategies and claims management. It emphasizes that companies should focus on underwriting strategies and evidence integrity, transforming insurance into a supply chain resilience tool. By understanding policy nuances and implementing proactive risk management practices, businesses can leverage air cargo insurance to mitigate potential losses and ensure business continuity.

Hangzhou Adopts TIR for Efficient Crossborder Ecommerce

Hangzhou Adopts TIR for Efficient Crossborder Ecommerce

Hangzhou has successfully piloted the "TIR + Cross-border E-commerce" model, leveraging the International Road Transport Convention (TIR) to facilitate more convenient and efficient export of cross-border e-commerce goods. This model simplifies customs procedures, increases transportation speed, and reduces costs to only a quarter of air freight. It provides a novel logistics solution for cross-border e-commerce businesses, assisting them in expanding into overseas markets. The streamlined process and cost-effectiveness make it an attractive alternative for companies seeking to optimize their international shipping strategies.

11/03/2025 Logistics
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Maersk Hapaglloyd Form Gemini Alliance to Transform Shipping Industry

Maersk Hapaglloyd Form Gemini Alliance to Transform Shipping Industry

Global shipping giants Maersk and Hapag-Lloyd have announced the "Gemini Cooperation," aiming to reshape global maritime transport by optimizing route networks and improving on-time performance. Singapore will serve as a crucial hub with approximately 40 weekly vessel calls. The network employs a hub-and-spoke model to enhance operational efficiency and reduce carbon emissions. Initially, vessels will bypass the Red Sea due to security concerns, with adjustments planned based on future conditions. This collaboration signifies a move towards greater efficiency and sustainability within the global shipping industry.

11/03/2025 Logistics
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