Logistics News
- Ultimate Guide to AMS: How ÐßÐßÊÓÆµs Can Master the Automated Manifest SystemAMS is CBP¡¯s mandatory e-manifest system requiring submission 24 hours pre-arrival. Forwarders must ensure accurate data (HS codes, parties¡¯ details) to avoid penalties/cargo holds.Logistics News March 25, 2025
- U.S. Customs Cracks Down on Undervaluation: $800 Tax Exemption May End by SeptemberU.S. Customs may end the $800 exemption by September 2025, with 70% inspection rates for undervalued goods. Sellers must prioritize compliance to avoid fines/shipment holds.Logistics News March 26, 2025
- Hapag-Lloyd Raises Surcharges for Asia to Latin America RoutesHapag-Lloyd increases GRI for Asia to Latin America routes, effective April 1. Rates: 500/TEU,1,000/FEU, covering South America, Mexico, Central America, and the Caribbean.Logistics News March 24, 2025
- Maersk and DP World Target Brazil¡¯s Growth Potential with Long-Term AgreementDP World and Maersk signed an 8-year deal to expand services at Santos Port, Brazil. DP World plans BRL 2 billion in investments, while Maersk adds new routes to boost logistics capabilities.Logistics News March 21, 2025
- Maersk Announces Port Skipping Amid 10-Day Delays at Cape Town Port!Cape Town Port faces severe congestion, prompting Maersk to skip the port and avoid 10-day delays. Shippers and forwarders should track shipments to minimize disruptions.Logistics News March 20, 2025
- What Drove Wan Hai Lines¡¯ Record-Breaking 2024 Performance? Revenue Soars, Net Profit Hits All-Time HighWan Hai Lines reported 2024 revenue of NT 161.8 billion,up 61.447.42 billion. The company plans to convert 8 vessels to LNG dual-fuel and optimize routes for future growth.Logistics News March 13, 2025
- What is Behind the 40% Drop in Freight Rates? Shipping Lines Take ActionFreight rates on major global routes have dropped over 40%, prompting shipping lines to cut capacity and delay new routes. Oversupply and cancellations may lead to further ship idling.Logistics News March 13, 2025
- What is Behind DHL¡¯s Massive Layoffs? 8,000 Jobs Cut Amid Cost-Cutting StrategyDHL plans to cut 8,000 jobs, its largest layoff in decades, to save €1 billion by 2027. The cuts target Germany¡¯s mail and parcel division amid declining volumes and regulatory challenges.Logistics News March 12, 2025
- Why Are Freight Rates Falling? US West Coast Rates Drop Below $2,000SCFI rates fell for the 8th week, with U.S. West Coast rates dropping below $2,000/FEU, nearing cost levels. Route cancellations and weak demand pressure rates, but a seasonal recovery is expected in Q2.Logistics News March 11, 2025
- What¡¯s in Store for China¡¯s Foreign Trade in 2025? New Policies to Boost Global ExpansionOn March 6, China¡¯s Minister of Commerce, Wang Wentao, announced a series of new policies to support foreign trade enterprises amid global uncertainties. From cross-border e-commerce to service trade, and from financial support to exhibition opportunities, the Ministry of Commerce (MOFCOM) is rollinLogistics News March 10, 2025