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On March 28, 2020, the first intercontinental train was dispatched from St. Petersburg port to Asia. The cargo will reach the ports in South Korea and Japan within 23 to 32 days, saving up to 34 days in comparison with a traditional ocean route. This is the first eastbound transcontinental train and a strong competitor …
It turns out that the air cargo market has enormous potential. This is primarily due to reduced travel costs in many markets and an increase in the middle class in emerging markets. For this reason, along with the increase in passenger traffic, the global medium-term forecasts of ACI (Airports Council International) also predict an increase …
Undoubtedly, the United Arab Emirates’s largest European trading partner is Germany, which accounts for almost 22 percent of all trade between Germany and the rest of the Arab world. The main export products of the UAE include oil and refined oil, gas from oil, diamonds, and gold. Apart from oil ports, the UAE also has …
AMS is an Automated Manifest System, which is an electronic system operated by Customs and Border Protection (CBP) for transferring and verifying cargo data when exporting to the USA. It was introduced in 2004 and is the result of US efforts to reduce potential security threats. AMS function All air and ocean shipments sent to …
Abbreviations appearing on the valuation of cargo transport may confuse many importers. These are so-called freight additions, i.e., additional fees charged by forwarding companies to offset various variable costs incurred by them during the transport process. In the case of BAF and CAF, oil price fluctuations and currency fluctuations are compensated. It is worth familiarizing …
On the 18th of March 2020, the president of the United States Donald Trump announced that two U.S. Navy hospital ships would be deployed to provide more hospital beds to those in need on the West and East Coasts of the U.S. Alongside other ideas of utilizing military resources, its usefulness could be limited. Which …
Poland-China logistical connections Poland has a strategic location in the center of continental Europe, neighboring with Russia, Lithuania, Belarus, Ukraine, Slovakia, Czechia and Germany. It comes as not a surprise that Poland is the transit country for the main transport corridors between Asia and Europe. Poland connects with China mainly by maritime, rail and road …
Although the spread of coronavirus (COVID-19) in China has somehow slowed down, it still has severely disrupted the global supply chain and immensely impacted the Chinese economy. Some of the problems remained. It has been reported that in order to promote the work resumption of logistics firms, China will lower the service charges of ports. …
Sea transport is an economical way of exporting and importing goods. When using this type of transport, the forwarder must decide on the type of sea freight: the FCL (Full Container Load) or LCL (Less than Container Load) method. The FCL acronym refers to container transport and means that the entire rented container will be …
Although the case fatality rate of COVID-19 in China is the highest in the world, the number of new cases in this enormous country is dropping day by day. This fact brings ease of mind for many, especially for those who do business with China, as it means, for example, fewer issues when it comes …