Toyota Material Handling and Raymond Merge to Reshape Industry

Toyota Material Handling and Raymond Merge to Reshape Industry

Toyota Material Handling and Raymond Corporation have announced their integration into Toyota Material Handling North America (TMHNA). This strategic move aims to leverage the strengths of both companies, providing a more comprehensive product line, enhanced R&D capabilities, a more efficient supply chain, and a more complete service network. TMHNA will maintain the independence of both brands while focusing on innovation and customer service. The integration seeks to lead the material handling industry towards a new era of intelligent, efficient, and sustainable development.

01/15/2026 Logistics
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Global Aviation Ground Handling Workforce Gains IATA Training Standard

Global Aviation Ground Handling Workforce Gains IATA Training Standard

The IATA Ground Operations Training Passport enhances ground handling training, promoting global recognition of standards. This initiative aims to reduce costs, improve safety, and facilitate talent mobility and career development within the ground handling industry. By aligning training programs with IATA standards and providing a globally recognized credential, the passport ensures a consistent level of competence and facilitates the efficient movement of skilled personnel across borders. Ultimately, this contributes to a safer and more efficient ground handling operation worldwide.

01/20/2026 Logistics Industry Insights
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In-depth Analysis of Rate Class in Air Waybill

In-depth Analysis of Rate Class in Air Waybill

This article provides an in-depth analysis of Rate Class in air freight waybills. Rate refers to the freight charge, while Rate Class indicates the types of charges, typically filled out by carriers. It defines basic rates and rates for classified goods, along with their calculation methods. The article also discusses the freight rates for special cargo and categorizes additional charges, offering readers a clear framework for understanding air freight pricing.

07/21/2025 Logistics Encyclopedia
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Breaking Down Drayage Costs in Container Trucking Industry

Breaking Down Drayage Costs in Container Trucking Industry

This article provides an in-depth analysis of common basic container trucking charges in Full Container Load (FCL) ocean freight. It clarifies that these charges typically cover the pick-up and delivery stages, while excluding additional costs such as chassis fees and fuel surcharges. The aim is to help readers accurately estimate total logistics costs, facilitate cost comparisons, and effectively control logistics expenses. This enables more informed decision-making in ocean freight operations.

11/03/2025 Logistics Encyclopedia
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Importers Face Rising Demurrage Costs Seek Solutions

Importers Face Rising Demurrage Costs Seek Solutions

This article delves into the common issue of demurrage in international trade, distinguishing it from detention fees. It details the calculation methods for demurrage and provides three effective strategies to avoid it. Furthermore, it clarifies the difference between port storage charges and demurrage, explaining the operational principles of the demurrage mechanism. The aim is to assist foreign trade enterprises in effectively controlling costs and improving profitability by understanding and managing these charges.

01/23/2026 Logistics Encyclopedia
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Maersk Upgrades Online Tool to Reduce Import Costs

Maersk Upgrades Online Tool to Reduce Import Costs

This article details the usage of Maersk's self-service tool for querying demurrage and detention charges, and provides an in-depth explanation of these concepts. The tool allows importers to easily track free container usage periods, effectively controlling logistics costs. Furthermore, the article offers suggestions for optimizing logistics costs, helping businesses improve operational efficiency. It emphasizes the importance of understanding and managing these charges to minimize expenses associated with container usage beyond the agreed-upon free time.

09/28/2025 Logistics
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FCL Ocean Freight Faces Fees Weight Limits Customs Hurdles

FCL Ocean Freight Faces Fees Weight Limits Customs Hurdles

This article provides a detailed analysis of common destination charges in full container load (FCL) ocean freight, weight restrictions for different generations of containers, and practical tips for expediting customs declarations by providing GTIN and CAS codes. The aim is to assist shippers in conducting ocean freight operations more efficiently and reducing potential costs. It covers key aspects of destination charges and provides actionable advice for improving customs clearance processes, ultimately leading to smoother and more cost-effective shipping.

08/21/2025 Logistics Encyclopedia
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Shipping Costs Rise Amid Container Verification Challenges

Shipping Costs Rise Amid Container Verification Challenges

This article focuses on consolidation fees, addressing key aspects such as querying shipping company charges, verifying container numbers, and obtaining proof of non-shipment. It reminds industry professionals to be aware of price differences before and after vessel departure, as well as demurrage charges. The article recommends using professional tools for container number verification to ensure information accuracy and control costs. By paying attention to these details, practitioners can effectively manage consolidation expenses and avoid potential financial burdens.

08/22/2025 Logistics Encyclopedia
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Guide to Handling Lost Bills of Lading in Freight Forwarding

Guide to Handling Lost Bills of Lading in Freight Forwarding

This article discusses the handling of lost bills of lading in the freight forwarding industry, particularly the challenges faced during transit. Loss of a bill of lading can lead to compensation issues, typically requiring a guarantee deposit or a bank guarantee letter from the shipping company for reissue. It is also recommended that freight forwarders properly retain both original and duplicate copies of bills of lading to mitigate risks.

07/17/2025 Logistics Encyclopedia
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