USD to LKR Exchange Rate Faces Volatility Amid Economic Shifts

USD to LKR Exchange Rate Faces Volatility Amid Economic Shifts

As of August 10, 2025, 1 US dollar exchanges for 300.71 Sri Lankan rupees, indicating stability in the currency market according to recent data. Over the past 30 days, the exchange rate has fluctuated by about 2 rupees, showcasing a trend of market steadiness. It is crucial to monitor how changes in the exchange rate impact economic activities and consumer decisions.

Huangdao Introduces New Clearance Model Cuts Processing Time 50

Huangdao Introduces New Clearance Model Cuts Processing Time 50

Huangdao Entry-Exit Inspection and Quarantine Bureau innovatively launched the "Four Quicks and One Smooth" new port inspection model. Through measures such as "Quick Berthing, Quick Verification, Quick Inspection, Quick Release, and Efficient and Smooth Flow," the vehicle inspection time has been reduced from over 2 hours to within 1 hour. This significantly improves port customs clearance efficiency and reduces corporate operating costs.

09/26/2025 Logistics
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Transpacific Freight Surge Strains Firms As Tariffs Shift

Transpacific Freight Surge Strains Firms As Tariffs Shift

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.

05/30/2025 Logistics
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Transpacific Shipping Rates Drop but Stay Above 2022 Levels

Transpacific Shipping Rates Drop but Stay Above 2022 Levels

Although the trans-Pacific ocean freight container rates are on a downward trend, they remain approximately $1,000/FEU higher compared to the same period last year. The calm period after the Spring Festival has led to a price decline, and it is expected that as service models return to normal, contract rates will decrease.

02/27/2025 Logistics
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Chita Kadala Airport Expands as Key Russia-Asia Transport Hub

Chita Kadala Airport Expands as Key Russia-Asia Transport Hub

Chita Kadala Airport is the main civil airport in the Trans-Baikal region, located about 10 kilometers from Chita city and standing at an elevation of 693 meters. The airport has two runways and offers domestic and international flights, attracting several airlines, including Russian and Chinese carriers. Major routes include destinations such as Moscow and Novosibirsk.

Comprehensive Understanding of Dangerous Goods Declaration Process

Comprehensive Understanding of Dangerous Goods Declaration Process

The hazardous declaration process is crucial for the safe transportation of dangerous goods, involving both cargo and vessel declarations. Required documents include the MSDS, declaration authorization letter, packing list, and hazardous packaging certificate to ensure smooth acceptance at the port. It is advisable to prepare the declaration 1-2 days in advance to avoid expedited fees. Timely and accurate declarations are key to improving transportation efficiency and ensuring safety.

Lucknow Airport Boosts Regional Economy with Global Connectivity

Lucknow Airport Boosts Regional Economy with Global Connectivity

Chaudhary Charan Singh International Airport in Lucknow is the thirteenth busiest airport in India, located in the city of Lucknow, Uttar Pradesh. It provides essential domestic and international air services. Built in 1986, it was upgraded to an international airport in 2012. The airport features two terminals: Terminal 1 serves international flights while Terminal 2 caters to domestic ones. Its transportation network connects multiple major cities, contributing to the economic development of the region.

07/29/2025 Logistics
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Air Cargo Faces Capacity and Cost Challenges by 2025

Air Cargo Faces Capacity and Cost Challenges by 2025

In 2025, the international air freight market reveals a structural divergence in capacity, with a stark contrast between surplus bellyhold capacity on passenger planes and a shortage of dedicated freighters. Regional freight rates are highly volatile, with prices soaring from Southeast Asia to Europe while decreasing on the trans-Pacific routes. Companies need to leverage data analytics to optimize their shipping routes and tackle these challenges.