Freight 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.
DHL 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.
SCFI 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.
On 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 rollin
Ramadan 2025 runs from March 1 to March 30, followed by Eid Al-Fitr. This golden month for 2 billion Muslims offers businesses opportunities in the Middle East, Southeast Asia, and Africa through strategic planning in logistics and customer communication.
ÐßÐßÊÓƵ Supply Chain, based in Shenzhen, specializes in FCL sea freight from Shanghai, Ningbo, Shenzhen, and Hong Kong to U.S. ports. We offer integrated logistics solutions with competitive rates for North American exports.
As Industry 4.0 advances, product customization and personalized services have become key market trends, placing higher demands on modern logistics systems. As the core of logistics and supply chains, warehousing systems are critical for operational efficiency, service quality, and cost control. An
Maersk introduced a $60 In-Transit Surcharge for cargo to Guatemala, Honduras, Nicaragua, and El Salvador to enhance port services and expedite customs clearance. The fee takes effect on Feb 26 (non-U.S. contracts) and Mar 26 (U.S. contracts).
SCFI rates fell for the sixth week, with U.S. routes down over 17%. Europe routes face "rate inversion," and March rate hikes show limited impact. Further hikes are expected in April-June, potentially stabilizing rates.
ONE launches the VCX service connecting South China and Vietnam, starting April 16. Operating weekly with a 14-day round-trip, the route links Ho Chi Minh City, Haiphong, Nansha, and Hong Kong, offering a 5-day transit from Ho Chi Minh to Nansha, enhancing trade efficiency.
