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NEWS & BLOG

LATEST NEWS ON LOGISTICS INDUSTRY

2022
DATE
09 - 06
FOB vs CIF: Understanding the Risk and Responsibility
For sellers, FOB and CIF have the same risk. When the goods cross the ship's rail, the risk is transferred to the buyer. So, as sellers, we cannot rely on so-called contracts or trade terms, what we need to do is to take into account all potential risks as much as possible and minimize the possibility of them happening.
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2022
DATE
09 - 06
U.S. to maintain China 301 tariffs while review continues
The USTR will conduct the next review in accordance with the regulations, and continue to impose additional tariffs on Chinese products in the 301 tariff ......
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2022
DATE
09 - 05
IFA 2022: Europe's Biggest Tech Show
This year's event, held from September 2 to 6, is the first fully face-to-face IFA since 2019. Many well-known technology and home appliance giants will showcase their latest products and technologies at the September exhibition, such as Honor, Hisense, Haier, Samsung, TCL, Toshiba, Panasonic, Dr. Bosch, Siemens, Sony, Electrolux, Jabra, Sennheiser, etc.
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2022
DATE
09 - 05
A Guide to Air Cargo Magnetic Inspection (Updated for 2022)
Magnetic field will interfere with the aircraft's navigation system and control signals, so magnetic cargo will be restricted in the receipt and shipment, and some cargo with magnetic materials need magnetic inspection to be transported by air. We will tell you more about magnetic inspection this time.
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2022
DATE
09 - 05
What does EFF mean in shipping?
The Environmental Fuel Fee (EFF) is a surcharge imposed by shipping carriers on cargo owners to offset the increased cost of operating ships on cleaner fuels with lower sulfur content (from 3.5% to 0.5%). Effective December 1, 2019, Maersk will impose a New Environmental Fuel Fee (EFF) on all trades, which will apply to all spot business and contracts valid for no more than three months.
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2022
DATE
09 - 05
10 Largest Container Shipping Companies in 2000
We have compiled the ranking of Alphaliner container shipping liner companies in January 2000 as follows, so that we can reminisce about those shipping companies that are fading from our memory, those we lost our youth.
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2022
DATE
09 - 02
Matson to Discontinue CCX Service | Last China Voyage
Matson announced on August 29 that CCX service will make it's last China voyage with the departure of the Matsonia 026E, departing Ningbo on September 6 and Shanghai on September 8. CCX service launched in July 2021, As a temporary expedited solution for Oakland during service disruptions on the West Coast.
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2022
DATE
09 - 02
Green Logistics - How the shipper is decarbonising?
When the shippers realized that the fragmented decarbonization demand could not pry the shipping industry's investment in green and low-carbon transformation, these green shippers raised their voices in the industry, urging the shippers themselves to raise the demand for green shipping on the one hand, and the shipping companies to complete the green and low-carbon transformation development as soon as possible on the other hand.
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2022
DATE
09 - 01
Rising costs put pressure on U.S. trucking company rates
Not only the price of fuel, but also the cost of maintenance, repairs, tires and other parts while the truck is in use, some suppliers have raised prices three to four times in the past year.
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2022
DATE
09 - 01
Will truckers pay going up in the future?
The U.S. trucking industry has rapidly increased truckers wages in recent years, but the trend is moving in several directions as the freight environment stabilizes.
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2022
DATE
08 - 31
Logistics and Freight Solutions by China Freight Forwarder
STU Supply Chain offers a wide range of logistics solutions that can be tailored to the specific needs of your business, to help you gain a competitive advantage.
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2022
DATE
08 - 31
What is the difference between CY and CFS terms?
There are 3 main cargo handover methods currently used in container shipping, namely CY-CY, CY-CFS and CFS-CFS.
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2022
DATE
08 - 31
Lower court formally lifts California trucking ban on AB5
The injunction that kept California's AB5 independent contractor law from participating in the state's trucking sector has officially been lifted.
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2022
DATE
08 - 31
Containers fall from Evergreen ship Ever Forever in Taipei
The container of Evergreen ship "Ever Forever" collapsed and was seriously damaged while unloading at Taipei Port. It is suspected that seven containers accidentally fell and fell to the ground during the unloading operation.
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2022
DATE
08 - 30
7 Steps of International Shipping
There are five physical steps and two documentary steps that must be performed for each shipment as the goods move from the shipper to the consignee. Each step has an associated cost that must be addressed by someone (usually the shipper or consignee). If you want to avoid cost surprises and unnecessary delays in your supply chain, make sure you explicitly agree who pays for each of these seven steps each time you book a shipment.
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