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NEWS & BLOG

LATEST NEWS ON LOGISTICS INDUSTRY

2025
DATE
03 - 17
What Are ¡°Sensitive Goods¡± in Freight Forwarding? A Complete Guide
Sensitive goods, such as batteries, food, pharmaceuticals, and branded items, require special handling and documentation. Choose experienced logistics providers to ensure compliant and safe transportation.
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2025
DATE
03 - 14
Hapag-Lloyd Announces Freight Rate Hike Effective April 1!
Hapag-Lloyd raises FAK rates for Far East-Northern Europe routes effective April 1, 2025. Maersk and MSC also announce rate hikes, with geopolitical tensions potentially supporting rates amid seasonal demand.
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2025
DATE
03 - 13
What is FOB Pricing, and How to Handle Unauthorized Cargo Release?
Under FOB terms, sellers cover pre-shipment costs, with risk transferring to buyers after loading. Beware of port charges and unauthorized cargo release; consider CIF or CFR for safer transactions.
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2025
DATE
03 - 13
What Drove Wan Hai Lines¡¯ Record-Breaking 2024 Performance? Revenue Soars, Net Profit Hits All-Time High
Wan 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.
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2025
DATE
03 - 13
What is Behind the 40% Drop in Freight Rates? Shipping Lines Take Action
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.
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2025
DATE
03 - 12
What is Behind DHL¡¯s Massive Layoffs? 8,000 Jobs Cut Amid Cost-Cutting Strategy
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.
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2025
DATE
03 - 11
Why Are Freight Rates Falling? US West Coast Rates Drop Below $2,000
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.
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2025
DATE
03 - 10
What¡¯s in Store for China¡¯s Foreign Trade in 2025? New Policies to Boost Global Expansion
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
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2025
DATE
03 - 07
What¡¯s New with COSCO SHIPPING¡¯s MEX6 Route? Enhanced Capacity and Efficiency!
COSCO SHIPPING¡¯s MEX6 route upgrade adds the "Jin Xing Yuan" vessel, enabling bi-weekly operations from April 2025. Yangpu Port enhances trade between Hainan, neighboring regions, and the Middle East, supporting the Belt and Road Initiative.
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2025
DATE
03 - 06
What Should Businesses Know About Ramadan 2025? A Complete Guide to Seizing Opportunities
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.
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