Blog
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Unveiling “Sensitive Cargo” in International Logistics: Definition, Classification, and Key Transportation Points
In the vast arena of international logistics, "sensitive cargo" is a term that cannot be ignored. It acts as a delicate demarcation line, dividing goods into three categories: general cargo, sensitive cargo, and prohibited items. For profession...Read more -
Turbulence in the Logistics Industry: Agility Express Accused of Cargo Seizure and Financial Troubles for Freight Forwarders in Shenzhen and Shanghai
Recently, major news has been breaking in the logistics industry, drawing widespread attention and discussion. Here is a summary of the two major events: U.S. Logistics Company Allegedly Seizes 36 Trucks of Cargo for Ransom Over 20 freight brok...Read more -
Responding to Rising Freight Rates with OBD International Logistics
Booming Shipping Market and Carrier Competition The shipping market is booming, with major carriers investing in new ships to capture long-haul routes. CMA CGM recently rented a 7000 TEU ship for $105,000 per day, signaling market recovery and...Read more -
Overview of Vietnam’s Foreign Exchange Management and Profit Remittance for Foreign Investors
Key Points of Foreign Exchange Management 1. **Foreign Exchange Conversion**: Must be conducted through designated banks; private transactions are prohibited. 2. **Foreign Exchange Accounts**: Legal entities and individuals can open these accou...Read more -
Amazon’s New Year Policy Update: Changes to FBA Shipment Closure and Compliance Requirements
Amazon’s New Year Policy Update: Changes to FBA Shipment Closure and Compliance Requirements As the New Year commences, Amazon implements crucial policy updates, reshaping the landscape for FBA (Fulfillment by Amazon) shipments. Particularly noteworthy is the adjustment to the automatic clo...Read more -
Maersk’s 48-Hour Suspension: Potential Chain Reaction in Global Shipping
Maersk’s 48-Hour Suspension: Potential Chain Reaction in Global Shipping Amidst rising tensions in the Red Sea, Maersk’s recent announcement of a 48-hour suspension for its vessels passing through the Mandeb Strait has triggered concerns across the global shipping industry. The suspen...Read more -
Navigating Shipping Challenges: Red Sea Disruption Alert for Cross-Border Cargo Sellers
Navigating Shipping Challenges: Red Sea Disruption Alert for Cross-Border Cargo Sellers In a recent setback for cross-border cargo sellers, Houthi rebels launched two attacks on the commercial ship ‘MAERSK HANGZHOU’ within 24 hours, disrupting Maersk’s plans to restore the Red S...Read more -
Geopolitical Developments Disrupt Shipping Industry; Some Carriers Eye Red Sea Routes
Geopolitical Developments Disrupt Shipping Industry; Some Carriers Eye Red Sea Routes In a surprising turn of events, several shipping companies are attempting to restore services along the Red Sea route, signaling a shift in response to heightened geopolitical risks in the region. Many foreign t...Read more -
Navigating Global Trade Amidst Geopolitical Shifts: The Impact of the Red Sea Crisis
Navigating Global Trade Amidst Geopolitical Shifts: The Impact of the Red Sea Crisis *Introduction:* The Red Sea crisis has emerged as a focal point in the realm of international maritime trade, compelling significant alterations to established routes. This analysis delves into the multifaceted...Read more -
Americans Flock to Online Shopping, Amazon Reigns Supreme in Year-End Surge
Americans Flock to Online Shopping, Amazon Reigns Supreme in Year-End Surge The latest CNBC All-America Economic Survey unveils a significant year-end surge in online shopping demand among Americans, surpassing peak pandemic levels. Notably, 57% of Americans have chosen online platforms as their ...Read more -
TikTok Shop’s Soaring Success in Vietnam’s E-Commerce Landscape
TikTok Shop’s Soaring Success in Vietnam’s E-Commerce Landscape In a remarkable ascent, TikTok Shop has emerged as a powerhouse in Vietnam’s e-commerce arena, boasting daily sales nearing 2 million and capturing the attention of Vietnamese consumers who spend an average of one t...Read more -
Maersk Line Resumes Red Sea Shipping Amidst Ongoing Security Concerns
Maersk Line Resumes Red Sea Shipping Amidst Ongoing Security Concerns In a recent announcement, Maersk Line, one of the world’s leading shipping companies, declared its decision to restart shipping operations in the Red Sea. However, this plan remains subject to potential alterations due to...Read more