Days after ending duty-free entry of small Chinese goods into the United States, the U.S. government suspended the order after more than a million packages piled up at New York’s John F. Kennedy International Airport. It was the result of a hasty and confusing policy change that proved unworkable in
On February 17, UPS opened the “Paris (CDG)-Hong Kong (HKG)” freight route to meet the growing export needs of French companies. The route operates five flights per week to support France’s export of wine and other food to Hong Kong and Asia, a business that accounts for more than 20%
On February 9, local time in the United States, US President Trump said that he would announce a 25% tariff on all steel and aluminum imports on the 10th. Trump said the tariffs would apply to steel and aluminum imports from all countries. He did not disclose when the tariffs
President Trump signed an executive order announcing a temporary postponement of the tariff increase on Chinese goods under $800, which means that these goods from China and Hong Kong under $800 can continue to enter the United States duty-free for a short period of time. The move is the latest
Cross-border e-commerce parcels have become a force that cannot be ignored in the international logistics market. Taking advantage of the rising demand for e-commerce logistics, major cross-border logistics companies are continuing to develop rapidly. However, the three traditional international express giants DHL, UPS, and FedEX are facing new challenges brought
President-elect Donald Trump said that he would impose import tariffs on all three major U.S. trading partners on his first day in office on January 20. A 25% tariff will be imposed on all products entering the U.S. from Canada and Mexico, and an additional 10% tariff will be imposed
On December 3, Korean e-commerce platform ABLY said that its parent company ABLY Group has received 100 billion won (about 510 million yuan) investment from Alibaba. It is reported that through this investment, Alibaba will acquire 5% of ABLY Group. ABLY said that after the investment is completed, its corporate
On December 3, Apex Logistics’ “Chengdu-Miami-Santiago” round-trip charter flight successfully completed its maiden flight and was officially put into operation. The first leg of this scheduled route will be an Atlas Air B747F all-cargo aircraft, which will take off from Chengdu Shuangliu International Airport. After arriving in Miami, the United
Steven Wang: At present, e-commerce cargo has become the main source of international air cargo, and airlines’ expectations for the future market are constantly increasing. The annual BSA (long-term space guarantee) contract price for European routes next year is close to RMB 40 per kilogram, while the US route will
On November 28, Air France-KLM is negotiating to acquire up to 20% of Spanish Air Europe, after International Airlines Group (IAG)’s plan to acquire Air Europe was aborted due to regulatory opposition. It is reported that the deal will be worth more than 100 million euros (US$105 million) and does
On November 27, the China International Freight Forwarders Association (CIFA) released the latest “Top 100 Chinese Freight Forwarders”, including the top 50 freight forwarders in the three sub-sectors of ocean shipping, air transport, and private enterprises, as well as the top 20 lists for warehousing and land transport. China’s top
On November 21, UPS announced the deadline for holiday shipping in 2024. According to the announcement, the deadlines for different UPS services are: UPS Ground: the last date for shipping is December 15, and the delivery date is December 22; UPS 3-Day Select: the last date for shipping is December
On November 21, FedEx announced the 2024 holiday shipping deadlines. According to the announcement, the deadlines for FedEx’s different services are: FedEx Ground Economy: December 13; FedEx Ground and Home Delivery: December 17; FedEx Express Saver: December 19; FedEx 2Day and FedEx 2Day A.M.: December 20; FedEx First, Priority, or
On November 14, a cargo flight carrying 105 tons of cargo took off from Hangzhou Xiaoshan International Airport recently, stopping in Incheon and Anchorage, and will eventually arrive in Los Angeles. This is the fourth international all-cargo route opened by Hangzhou Airport this year. Prior to this, Hangzhou Airport has
In Southeast Asia, Kerry Logistics plays a pivotal role. At present, the Southeast Asian market is in a stage of rapid development of e-commerce, and countries such as Indonesia, Vietnam, Malaysia, and Thailand have become hot spots in the global e-commerce market. Southeast Asia’s young population structure, rapidly growing Internet
Since SF Express acquired Kerry Logistics, the outside world seems to have focused on SF Express’s intention to expand the growth space in Southeast Asia. However, as a logistics giant in Southeast Asia, Kerry Logistics’ business scope covers 59 countries and regions around the world. It is the main transporter
The major industry achievement “FedEx builds an intercontinental transit center in Shanghai” was released at the opening ceremony of the 2024 North Bund International Shipping Forum. Shanghai Municipal Transportation Commission, Shanghai Municipal Commission of Commerce, Shanghai Airport (Group) Co., Ltd. and FedEx (China) Co., Ltd. will deepen communication and cooperation,
On October 29, Amazon provided same-day delivery service to millions of Prime members. In the UK, millions of products in 81 towns can enjoy same-day delivery service, and Aberdeen, Middlesbrough and Plymouth have recently been added. Prime members across the UK can enjoy free same-day delivery service for a variety
On October 29, DHL recently laid the cornerstone of its new Estonian Air Cargo Terminal at the Airport City Business Park at Tallinn Airport. The 7,260 square meter complex in the south of the airport will be completed by the end of 2025. The development of the Airport City is
On October 22, DHL Express announced that it will adjust freight rates starting January 1, 2025. Freight rates in New Zealand, Bangladesh, Brunei, and Sri Lanka will increase by an average of 4.9%, with an average increase of 4.9%. Prices in Thailand will also increase, but the specific increase has
CMA CGM Chief Financial Officer Ramon Fernandez said that the “special shipping tax” proposed by the French government in the austerity budget will cause CMA CGM to lose about 800 million euros (about 875 million U.S. dollars) in two years It is reported that facing a huge gap in the
On October 14, FedEx launched the FedEx Import Tool, which can reduce manual work in tasks such as customs documents and regulatory compliance. And it will soon be extended to other Asia-Pacific markets, including Malaysia, Thailand, Indonesia, the Philippines, Singapore and New Zealand. Its main features include: a unified self-service
On October 14, the European Commission has sent an information request to the shopping platform Temu in accordance with the Digital Services Act (DSA), requesting it to provide measures taken to prevent illegal products from being sold on its platform. It is reported that the European Commission mentioned in a
Wan Hai Lines issued an announcement, announcing that in response to the 2030 and 2050 emission reduction targets set by the International Maritime Organization (IMO), it will start using biofuels in its global fleet from now on, taking a new step towards carbon reduction goals. Wan Hai’s 4333 TEU “WAN
Due to the recent strict inspection of multiple consignees by the US Customs, the company name is sometimes displayed after SHIP TO (destination) on the FBA label sent to Amazon. After the customs finds out, they will require the corresponding company’s importer’s tax number to complete customs clearance, otherwise there
In September, witnessed by Wang Wei, Chairman of SF Holdings, and Mohamed Ali Al Shorafa, Chairman of Etihad Airways, SF Airlines and Etihad Airways signed a memorandum of understanding in Shenzhen, formally clarifying the plan to establish a joint venture. Through this joint venture project, the two companies will further
Against the backdrop of continued weak global demand and consumers turning to less profitable express services, global express giant FedEx has had a tough time in the first quarter of fiscal 2025, but freight demand from Asia remains one of FedEx’s biggest advantages at present According to the financial report,
The EU competition regulator announced the approval of the acquisition of French freight forwarder Clasquin by MSC, the world’s largest liner company. It is reported that the acquisition is valued at 325 million euros The EU competition regulator wrote in its approval: “In accordance with the EU Merger Regulation, the
CNN and other media outlets in the United States recently reported that on October 3rd, local time, when the strike at the US East Coast Gulf ports entered its third day, the market suddenly received a major turnaround. The International Longshoremen’s Association (ILA) and the United States Maritime Union (USMX)
Amazon Global Logistics adds 2 exclusive warehouses. On September 29, Amazon Global Logistics announced that the two major warehouses in the western United States, ONT2 and ONT6, have officially become exclusive warehouses for Amazon Global Logistics (AGL) and have begun to accept shipments. It is reported that the addresses of