News
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Riga Port: An investment of over 8 million USD will be made for port upgrades in 2025
The Riga Free Port Council has approved the 2025 investment plan, allocating approximately 8.1 million USD for port development, which is an increase of 1.2 million USD or 17% compared to the previous year. This plan includes ongoing major infr...Read more -
Trade Alert: Denmark Implementing New Regulations on Imported Food
On February 20, 2025, the Danish Official Gazette published Regulation No. 181 from the Ministry of Food, Agriculture, and Fisheries, which establishes special restrictions on imported food, feed, animal by-products, derived products, and materials that come into contac...Read more -
Industry: Due to the impact of U.S. tariffs, ocean container freight rates have declined
Industry analysis suggests that the latest developments in US trade policy have once again put global supply chains in an unstable state, as President Donald Trump's imposition and partial suspension of some tariffs have caused significant disr...Read more -
The “Shenzhen to Ho Chi Minh” international freight transportation route has officially commenced operations
On the morning of March 5, a B737 freighter from Tianjin Cargo Airlines took off smoothly from Shenzhen Bao’an International Airport, heading directly to Ho Chi Minh City, Vietnam. This marks the official launch of the new international freight route from “Shenzhen to Ho Chi Minh....Read more -
CMA CGM: The U.S. Charges on Chinese Vessels Will Affect All Shipping Companies.
France-based CMA CGM announced on Friday that the U.S. proposal to impose high port fees on Chinese vessels will significantly impact all companies in the container shipping industry. The Office of the U.S. Trade Representative has proposed charging up to $1.5 million for Chinese-manufactured ve...Read more -
Trump’s Tariff Impact: Retailers Warn of Rising Goods Prices
With President Donald Trump's comprehensive tariffs on imported goods from China, Mexico, and Canada now in effect, retailers are bracing for significant disruptions. The new tariffs include a 10% increase on Chinese goods and a 25% increase on...Read more -
“Te Kao Pu” is stirring things up again! Will Chinese goods have to pay a 45% “toll fee”? Will this make things more expensive for ordinary consumers?
Brothers, the "Te Kao Pu" tariff bomb is back again! Last night (February 27, U.S. time), "Te Kao Pu" suddenly tweeted that starting March 4, Chinese goods will face an additional 10% tariff! With previous tariffs included, some items sold in the U.S. will incur a 45% "t...Read more -
Moving Forward with Light, Starting a New Journey | Huayangda Logistics Annual Meeting Review
In the warm spring days, a sense of warmth flows in our hearts. On February 15, 2025, the Huayangda Annual Meeting and Spring Gathering, carrying deep friendships and limitless prospects, grandly commenced and successfully concluded. This gathering was not only a heartfe...Read more -
Courier Company Reminder: Important Information for Exporting Low-Value Shipments to the United States in 2025
Recent Update from U.S. Customs: Starting January 11, 2025, the U.S. Customs and Border Protection (CBP) will fully implement the 321 provision—regarding the "de minimis" exemption for low-value shipments. CBP plans to synchronize its systems to identify non-compliant im...Read more -
Freight Rate War Begins! Shipping Companies Slash Prices by $800 on the West Coast to Secure Cargo.
On January 3, the Shanghai Containerized Freight Index (SCFI) rose by 44.83 points to 2505.17 points, with a weekly increase of 1.82%, marking six consecutive weeks of growth. This increase was primarily driven by the trans-Pacific trade, with rates to the U.S. East Coast and West Coast rising by...Read more -
Labor negotiations at US ports have reached a stalemate, prompting Maersk to urge customers to remove their cargo
Global container shipping giant Maersk (AMKBY.US) is urging customers to remove cargo from the East Coast of the United States and the Gulf of Mexico before the January 15 deadline to avoid a potential strike at US ports just days before President-elect Trump takes offic...Read more -
Increased uncertainty in the container shipping market!
According to the Shanghai Shipping Exchange, on November 22, the Shanghai Export Container Composite Freight Index stood at 2,160.8 points, down 91.82 points from the previous period; the China Export Container Freight Index stood at 1,467.9 points, up 2% from the previo...Read more
