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During 2021, shippers were embroiled in a protracted struggle against the crunch in trucking capacity and the escalation of freight rates.
The truck driver shortage had been an issue before the COVID-19 pandemic disrupted supply chains, and the recent growth in consumer demand has further exacerbated the problem. According to U.S. Bank’s data, although freight shipments are still below pre-pandemic levels, they have seen a 4.4...Read more -
New foreign trade regulations in August
1.China implements temporary export control on some UAVs and UAV-related items. The Ministry of Commerce, the General Administration of Customs, the National Defense Science and Technology Bureau and the Equipment Development Department of the Central Military Commission issued an announcement o...Read more -
international and domestic trade events
/ domestic / Exchange rate RMB soared above 7.12 at one time. After the Federal Reserve raised interest rates as scheduled in July, the US dollar index fell, and the exchange rate of RMB against the US dollar rose accordingly. The s...Read more -
ONE launches new internal services in Asia.
Singapore-based shipping company ONE will launch a new route connecting Thailand, Viet Nam, China and Japan. The newly opened Thailand Hakata Express (THX) will have the following port rotations: Bangkok (Thailand)-Linchabang (Thailand)-Ho Chi Minh (Viet Nam)-Nansha (China)-Hakata (Japan)-Kobe ...Read more -
International and domestic trade events
|Domestic| Economic Daily: A Rational View of RMB Exchange Rate Fluctuation Recently, the RMB has continued to depreciate against the US dollar, and the offshore and onshore RMB exchange rates against the US dollar have successively fallen below multiple barriers. On June 21, the offshore RMB onc...Read more -
The latest:List of new domestic and foreign trade regulations in July
Ministry of Commerce fully implements policies and measures to promote stable scale and excellent structure of foreign trade. The General Administration of Customs issued the revised standard of origin under CEPA in Hong Kong. Central banks of China and Arab countries renew bilateral local curren...Read more -
Striving for expansion in stability
In 2022, various epidemic, political and economic uncertainties will affect the global market. However, with the increase of global vaccination rate, the economies of various countries began to recover. In 2023, the situation faced by China’s foreign trade industry has undergone a series of...Read more -
Tax Compliance Management in Dalingshan Town, Dongguan City and 1039 Market Procurement Trade Policy Presentation
Under the background of increasingly sophisticated electronic national information management, it is bound to be tax big data. The big data of taxation will inevitably lead to “strict collection and management, careful evaluation and re-inspection” of national taxation. In order to he...Read more -
The latest :February foreign trade regulations will be implemented soon!
1. The United States suspended the sale of Flammulina velutipes imported from China. According to the US Food and Drug Administration (FDA), on January 13th, the FDA issued a recall notice saying that Utopia Foods Inc was expanding the recall of Flammulina velutipes impo...Read more -
The latest: Maersk announced that the first voyage of the new network from Southeast Asia to Australia will take place in March.
On February 1st, Maersk recently announced a new network from Southeast Asia to Australia, aiming at improving the reliability of dispatching in this region and enhancing the flexibility of supply chain. This new network puts customers and their needs first, and will exp...Read more -
It’s settled! China-Kazakhstan third railway port announced
In July 2022, Kazakhstan's Ambassador to China Shahrat Nureshev said at the 11th World Peace Forum that China and Kazakhstan planned to build a third cross-border railway, and were keeping close communication on related matters, but did not disclose more information. Fin...Read more
