News

Low-value products originating in China and Hong Kong imported to the US will not be eligible for the de minimis exemption for duty-free treatment beginning today.

1. Global air cargo rates are standing firm during a traditionally quieter market period, bolstered by continuing strong demand and high spot rates from Asian and Middle Eastern origins, WorldACD Market Data show. 2. Both tonnages and rates are well above last year's levels, thanks to significantly higher demand from all the main worldwide origin regions.

1. From January to May, China's waterways transported approximately 3.9 billion tonnes of cargo, a 7 per cent increase year-on-year. 2. Container throughput at ports surpassed 130 million TEUs, an 8.8 per cent rise. 3. Fixed-asset investment in waterway transport reached 78.6 billion yuan, up 7.2 per cent. 4. In 2023, waterway freight volume hit 9.4 billion tonnes.