Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
With new tariff policies set to take effect, businesses face unprecedented challenges and opportunities. By adjusting their supply chain management strategies and adopting digital tools, merchants can gain a competitive edge.
Customs valuation is a critical process for determining the tariff value of imported goods, encompassing six main methods, from transaction value to alternative methods. This framework ensures fairness and transparency in international trade.
This article is designed for freight forwarding beginners, providing a detailed analysis of the components and calculation methods of door-to-door pricing, including origin port, sea/air/land freight, destination port, and other charges. By understanding the calculation methods and precautions for each cost, it helps freight forwarders quickly master door-to-door pricing skills and improve their business level. It covers key elements to consider when quoting door-to-door services, ensuring accuracy and competitiveness in the market.
The United States and the European Union have reached a framework for a trade agreement to address tariff challenges, promote economic cooperation, and enhance market stability and fairness, laying the groundwork for future international trade relations.
The Drewry World Container Index has fallen for five consecutive weeks, impacted by tariff policies and economic downturn, leading to weak freight rates. Analysts forecast that further demand shrinkage may increase downward pressure on future freight rates.
This article introduces the definitions and calculation methods for cargo weight above one ton and flat weight cargo in air freight. Cargo weight refers to goods exceeding one ton, while flat weight cargo consists of goods with a total weight ≥1 ton and a specific gravity ranging from 167 to 300 kg. Through practical examples, the article clarifies the distinctions between light cargo, heavy cargo, and flat weight cargo. It also highlights the importance of adhering to different calculation standards for specific gravity across various transportation methods.
Under the influence of new tariff policies, major freight carriers like J.B. Hunt and Knight-Swift are flexibly adjusting their asset layouts to respond to changes in market demand and supply chain challenges, enhancing service efficiency and competitiveness.
The US shipping lane saw wild swings within weeks - May's tariff cuts briefly boosted demand before oversupply crashed rates. Surging capacity outpaced cargo growth, contrasting sharply with pandemic patterns. With ongoing rate pressures, recovery hinges on global trade dynamics.
This article provides a detailed overview of air freight rates, flight schedules, and important considerations for shipments from Zhengzhou to Dallas. It includes the latest tariff information for Turkish Airlines TK flights, aiding businesses in their cross-border logistics decisions.