Analysis of Factors Influencing the Maritime Market to 2023

Compared to previous years, the second half of the year is the peak season for the freight market, as the end of the year is the peak season for sales and many retailers stock up well in advance for the big day.

Earlier this year, many expected this period to put additional pressure on ships and container space due to the typical surge in freight volumes. However, this surge did not happen in June as expected and July got off to a weaker start than many in the industry had thought. This means that – as of the date of publication – there is available container space and sea freight rates on some trade routes have even started to fall.

While the past few years have made it very clear that the market can change at any time, there are several potential reasons for lower-than-expected freight volumes. However, there are other factors to be aware of when planning upcoming shipments. Importers should work with their logistics providers to discuss the current situation and plan accordingly.

What is affecting China sea shipping market?

Although shipping space is currently not as tight as it has been in recent months, importers need to understand why this is the case and how the market is likely to be affected in the coming months.

Russia-Ukraine war  

The ongoing conflict in Ukraine could lead to delays for vessels in the future. Changes in consumer demand may also lead to changes in European freight volumes as the situation develops.

Port backlogs

As the global pandemic begins, the Port of Long Beach is making headlines with a record number of ships waiting to unload containers. This backlog has led many importers and their logistics partners to ship their cargo through other US ports, primarily on the East Coast. Those East Coast ports are now experiencing delays while ships are moving more smoothly through West Coast ports (although volumes are still high).

Rebalancing the normal flow of containers may take some time and could lead to other problems if the volume of cargo increases further.

China’s blockade

Blockades may occur with little warning as China has taken strict measures to prevent Covid levels from rising. When these measures come into effect, temporary factory closures, reduced shipments from factories to ports and lower factory productivity due to worker sickness could all lead to lower export volumes. Such reductions may make it easier to find space, but as we saw last year, prolonged or frequent blockades can lead to containers being stalled at ports and shipping companies may issue significant stoppages to help offset costs.

Reduced demand for household goods

Cargo on the TBED (Trans-Pacific Eastbound) trade lane consists mainly of household goods such as furniture and decorative items. With inflation on the rise, many shops dealing with backlogs and people spending less on goods, there does not seem to be as much demand for these goods as in recent years. This may be one reason why there is currently more available ship space than experts are predicting for this time of year. However, if demand picks up, capacity could be tight again.

There are many factors affecting the transport industry, but these are the main ones, so let’s hope that these next problems are alleviated.

Things You May Be Interested In About Amazon FBA

What does Amazon FBA refer to?

  1. The full name of Amazon FBA is (Fulfillment by amazon), which literally means fulfillment by Amazon. In fact, this service launched by Amazon is very simple, that is, the seller will prepare the goods in advance to the warehouses built by Amazon around the world. When a seller has an order , Amazon performs follow-up work such as packaging, labeling, shipping, and customer service on behalf of the seller.
  2. That is to say: after a foreign buyer places an order, if the goods are shipped in China, the timeliness will be very poor, and the buyer may not receive the goods for more than a week. In order to improve the service quality and level, you can use the FBA freight forwarderservice provided by Amazon, and according to the sales forecast, first ship the goods to foreign countries in large quantities by sea, air or international express, and then enter the Amazon FBA warehouse. In this way, once a foreign buyer places an order, it can be shipped directly from the FBA warehouse. For example, after an American buyer places an order, the goods will be sent directly from the American FBA warehouse. This is equivalent to the domestic express delivery in the United States, and the timeliness and quality are improved promote!
  3.  “FBA first journey”. FBA first journey refers to domestic shipments (by sea, air, international express… …) Until the goods enter the Amazon FBA warehouse, the period of logistics and transportation that can be put on the shelves for sale, as well as a series of related businesses such as customs clearance and tax payment.Amazon fba

(1) Sending the goods to Amazon, that is, the first step of FBA sellers is usually the only step that needs to be operated by themselves when doing FBA. Sending the goods from their own warehouse to Amazon’s warehouse requires labeling and other operations.

(2) Amazon Warehouse Commodities. After the goods arrive at the Amazon warehouse destination, the seller needs to register the goods with Amazon and store them in the Amazon warehouse for short-term storage.

(3) Amazon picking and packaging. When the seller receives the customer’s order, Amazon will sort out the seller’s goods from the inventory according to the order and pack them, waiting for delivery.

(4) Products delivered by Amazon Amazon will be responsible for the delivery of products from the FBA warehouse, and will also be responsible for the consumer’s return/exchange activity requirements.

Should you choose a freight forwarder from China or the country of your destination?

Regardless of the mode of transportation from China to the country of your destination, it is always best to choose a freight agent from China because the Chinese freight forwarder has the advantages of language and geography, becoming the ideal choice for overseas transportation. This will make the shipping process faster, will save you time, and the shipping price will be cheaper than your country’s shipping agent. In the shipping process, you will also need a Chinese warehouse for storage and preparation.

An experienced Chinese freight forwarder will have these abilities: he will be fluent in Mandarin and Cantonese; it will have a thorough knowledge of the Chinese business culture, experience in managing Chinese suppliers, category and sourcing process experience, quality control experience, audit experience, and logistics experience. Local forwarders (from the country of your destination) will often have to contact another agent in China to handle the picking, preparation, storage, and customs clearance, which will lead to higher costs and time.

How To Choose a Reliable And Suitable Freight Forwarding Company For Foreign Trade Novice?

In the face of many freight forwarding companies, how to choose a reliable and suitable freight forwarding company for foreign trade novice? Here, TJ China Freight will introduce how to choose a reliable and suitable freight forwarding company from four aspects.

  1. Service and price. Whether it is the first or second generation, as long as the price is within a reasonable range and the service can keep up, it can be used as an alternative. Just compare and shop around, choose a freight forwarding company with the right price, and leave some profit for the freight forwarding company, otherwise, the price will drop and the service will not be able to keep up, and the result will be unhappy cooperation between the two parties. In the international freight forwarding circle, it can be said that big or small can be small. After all, there are only a few big villages in a generation. When you ask the price of some freight forwarding companies with a list, the next generation may be the same, and the price and service you get after that are definitely not good, there is no way, who made you famous in this freight forwarding circle. So only win-win cooperation can last.
  2.  Freight forwarding company level. Freight forwarding companies are generally divided into first-level,second-level,third-level, and fourth-level. Generally, shipping companies will mainly issue route freight rates and shipping space to first-class freight forwarding companies(non-vessel operating carriers). The company maintains a good relationship with the freight forwarding company(similar to a first-class NVOCC). After the first-level shipping company agent gets the route price,it will be distributed to some subordinate second-level freight forwarding companies in the form of small profits but quick turnover.

Therefore, sometimes when the cargo owner directly asks the shipping company to apply for the price and space, it will be much higher than the price released by some freight forwarding companies.However choosing a freight forwarding company is also prone to problems. For example, when a fourth-level freight forwarding company is found once there is a problem the efficiency of the solution will be quite slow and it is easy to complicate things. Therefore when choosing a freight forwarding company,it is best to choose credibility. Higher first-class freight forwarding company (NVOCC).

  1. Choose the appropriate freight forwarder according to your own volume. If there are only a few parties per ticket and the delivery time is not very fast, then a freight forwarding company that specializes in LCL will be more appropriate. If each ticket is dozens of KG, then international express will be suitable for you. Before looking for a freight forwarding company to quote, you need to organize the cargo information, so that the price quoted by the freight forwarding company is accurate. The cargo information to be prepared includes product name, quantity, gross weight, volume, delivery time and destination, etc.
  2. Choose the appropriate freight forwarder according to the required service. If you need a freight forwarding company to provide one-stop services such as warehousing, receiving, loading, customs declaration, inspection, shipping, etc., overseas double-clearance door-to-door service, and agency tax refund service, then a reliable and suitable freight forwarding company is able to provide personalized services Service freight forwarding company.

TJ China Freight focuses on logistics, involving international express, air freight, ocean freight, China-Europe rail freight lines, and many other cross-border logistics channels covering Europe, the United States, Canada, and Japan. With over 20 years of experienced employees carry out the mission of “we deliver faster, safer and easier” which leads us to provide high-quality, professional, fast logistical solutions to our clients.

What Are The Benefits Of Choosing a Freight Forwarder To Help Transport Your Cargo?

Should be clear to those who have understood international express delivery. It is more cost-effective to choose a company to arrange delivery than to arrange delivery through an official website freight logistics company. Why? Because freight forwarding companies are large-scale and regular Arranging shipments is equivalent to the “wholesale” price of freight logistics, so the freight forwarder can get a relatively low price. The price may be half of the published price on the official website. And if you send it yourself, the volume is relatively small, and there is no price advantage. There are now many good freight forwarders in China and if you are interested in finding out, you can Google them or even find their contact details this way, which can be very helpful if you happen to need to ship goods.

  • Conducive to the development of the core business of the enterprise

“Technology has specialization”, for non-logistics enterprises, it is difficult to be comprehensive in logistics. Therefore, enterprises should concentrate on the business they are familiar with, allocate resources to the core business, concentrate on the core business, improve the competitiveness of the enterprise, and leave auxiliary functions such as logistics to more professional freight forwarding companies.

(2) Flexible grasp information and reduce costs

International freight forwarders can meet these needs in a fast and cost-effective way that would otherwise be difficult for manufacturers alone. Similarly, freight forwarders also have the ability to meet the needs of potential customers of manufacturing companies, thus playing a role in facilitating communication between manufacturers and retailers.

(3) Reduce investment and maximize benefits

If a company builds its own warehouses and network facilities, it requires huge investment capital and cannot make profits in the short term. This will be a heavy economic burden for enterprises that lack funds, especially small and medium-sized enterprises. However, if the freight forwarder is used, it will not only reduce the capital occupied by inventory and the investment of fixed capital, realize the rational use of resources, but also obtain a competitive advantage in the same industry.

(4) Diversified services to enhance customer experience

International freight forwarders and various logistics enterprises form alliances, learn from each other’s logistics management experience, and improve their own management level and service quality. It is conducive to realizing economies of scale and enhancing the competitiveness of enterprises.

TJ CHINA FREIGHT Co., Ltd. provides fast, economical and safe all-around services for customers to export and import goods to all over the world. According to customer requirements, we can provide consulting services by face-to-face, by telephone, email, and other methods, and provide timely feedback. Such as customs declaration documents, shipping company routes and freight rates, destination port agents, inland section RMB fees and other related information, professional team, rich operating experience, design freight, logistics, and solutions for customers.

 

A Guide to Knowledge Standard Container Sizes in 2023

90% of global trade is carried out by sea, so as an important component of shipping, do you know about containers?

The standard ISO dry cargo container is 7.8 feet (2.3 metres) wide and 7.9 feet (2.3 metres) high and comes in two lengths: 20 feet (5.9 metres) and 40 feet (12.03 metres). These are the most popular type of container and are used to transport dry goods including machinery, grain, paper and electronics.

This popular shipping container type is available in three standard sizes: 20ft, 40ft and 40ft high cubes.

Standard versus special shipping containers. What’s the difference?

Perhaps you are wondering what the difference is between a standard container and a special container. Standard containers, or dry containers, are only used for transporting dry goods. These are boxes made of aluminium or steel with a set of doors at one end.

A special container, on the other hand, is a box that has been modified to meet specific transport needs. This category includes refrigerated containers, flat rack boxes and tank containers, to name just a few. Special containers are used to transport temperature-sensitive items, liquids and gases, or oversized/bulky-shaped cargo.

Let’s take a look at the dimensions of the China freight  Dry Cargo Container below.

20ft Dry Cargo Container Dimensions

The 20ft dry cargo container is a favourite for transporting a wide range of dry goods.

This container size is often in demand due to its convenient smaller size. It is easy to load and unload from a ship and can be used in ports where advanced lifting equipment is not available. It is also ideal for intermodal transport (by road, train and ship).

The 40ft standard container is another popular choice for transporting dry goods. This type of box is a sibling of 20ft and is twice as long.

Got extra cargo that won’t fit in a 20ft? Don’t stress, we’ll let you in on a little secret. 40ft is usually only about 20-30% more expensive than 20ft, but twice as much space.

A 40ft cube is exactly the same as a 40ft dry cargo container, only with the added height. This size of the container is perfect for transporting taller or oversized items that don’t fit in a standard box. Or if you just want to fit more cargo in your box.

Dimensions of reefer shipping containers

The term ‘reefer’ is short for ‘refrigerated container’. These boxes are used to transport temperature-sensitive goods such as fruit, meat, flowers, seafood, dairy products and pharmaceuticals.

Reefer containers use sophisticated cooling equipment to cool or freeze the goods. You can also section containers for cooling and freezing at the same time. Reefer containers can maintain any temperature between -30°C and +30°C.

Let’s take a look at the following sizes of 20ft, 40ft and 40ft HC reefer containers

freight container sizes

Double door container sizes 20ft 40ft

Double door containers have doors at both ends for quick and easy loading and unloading of goods. These boxes are perfect for transporting cars, bicycles, boats and other vehicles.

Tank Standard Container Dimensions

If you need to transport liquids, gases, powders or hazardous materials, a tank container is your answer. Tank containers are cylindrical in shape and are housed in a rectangular frame. They are made of stainless steel.

Tank containers are lined with insulation, as well as a protective layer of aluminium or polyurethane. This makes them a safe and reliable option for transporting a wide range of materials.

Insulated container specifications

Insulated containers have double walls to keep the goods inside cool. The interior is completely sealed to avoid condensation, as well as any moisture build-up.

Insulated containers are used to transport wine, fresh goods and beverages for short journeys.

Pallet width container sizes

These containers are designed for the transport of goods on wooden Euro pallets. Two pallets can be placed side by side and stacked to the ceiling. These containers are manufactured to exact dimensions so that the Euro pallets fit snugly together with no room to move or slide.

Flat rack container dimensions

Flat rack containers have no roof and no long side walls. This container type makes it easy to load awkwardly shaped goods. You can load goods from either side or the top with great ease.

Once the goods have been successfully loaded, they can be secured and fastened using lashing rings. The newer flat racks can carry between 40,000 and 50,000 kg of cargo!

Hard Top Shipping Container Dimensions

Perhaps you are wondering: what is the difference between an open top and a hard top container? The answer is simple.

An open-top container is covered by a tarpaulin sheet, whereas a hard top container has a removable steel roof. The purpose of both types of container is the same – the removable roof provides space for oversized cargo. It also makes it possible to load from the top.

Side door container dimensions

Side door containers have an extra door that opens on the long side of the container.

The extra space created by the side door allows for quick and easy loading and unloading of awkwardly shaped or bulky goods. The extra door also makes it possible for more workers to load the cargo at the same time.

What is the Difference Between Amazon FBA and FBM?

Many sellers will ask, what does Amazon do? Setting up a store on Amazon involves a lot, like choosing the right delivery method for your product. You can choose the appropriate delivery method when you deliver, generally divided into fba and fbm. Today I will explain to you what is the difference between amazon fba freight forwarder and amazon fbm freight forwarder?

  1. Different delivery methods
    FBA: fulfillment by amazon That is, the seller needs to prepare the goods to the Amazon warehouse in advance. After the buyer places an order, Amazon is responsible for sending the goods stored in the Amazon warehouse to the buyer in advance.
    FBM: fulfillment by merchant refers to the delivery of goods by the seller. Amazon is only a platform for merchants, and merchants need to use international express services to deliver goods to consumers.
    2. The delivery time is different
    in FBA. Since the seller stores the goods in the Amazon warehouse before the buyer places the order, the buyer can directly deliver the goods when Amazon places the order, which greatly shortens the delivery time and greatly improves the ranking of similar names, so the sales will be safer. Most of FBM is shipped from Amazon seller’s warehouse, and there are many uncontrollable factors in terms of timeliness. However, since this is shipped directly from the seller’s warehouse, the seller has control over the selection, packaging and quantity of the goods. This greatly reduces the error rate of the product.
    3. Advantages and disadvantages
    of FBA No matter how small your item is, FBA sellers can offer various shipping methods. We can choose the fastest way. Especially when you invite your Amazon Prime customer to work with you with free 2-day shipping. Amazon customers know what they want and are willing to spend, and according to Amazon data, the average customer is willing to buy FBA-shipped items. It’s not just shipping service, good customer service is the reason these customers sign up for Prime FBA is a way to keep smaller sellers away from fierce competition, your products will rank higher and give your products a chance to be seen by customers Buy.
    The main disadvantage of FBA is the cost. Amazon pays sellers a monthly warehouse fee. FBA is very expensive for items that sell less. The solution to cost is to use the Amazon Inventory Health Report, which shows the status of inventory on the shelf.
    4. Advantages and disadvantages of FBM
    One of the advantages of FBM is that sellers can be sure that their packaging is safe. However, Amazon Forum sellers have to deal with selection, packaging, shipping, and customer service. These tasks are time-consuming and difficult. Many people will use both FBA and FBM to decide which shipping method sells better. Sometimes both have the same advantages. For example, if a specific packaging method or buyer has no requirements for shipping speed, FBM is a good choice.
    1) Express first journey: four major express, DHL, UPS, FEDEX, TNT (recommend that the number of tickets is small, the sellers who are just starting out have strict requirements on the timeliness, and the single ticket is controlled at 200KG express channel can be selected internally)
    2) Air + first delivery : US UPS double-clearance package tax.
    Service introduction: US UPS double-clearance tax package, air transport from Hong Kong/Mainland to Los Angeles (LAX), express customs clearance, after customs clearance is completed, UPS will deliver to the warehouse.
    The advantages of Amazon’s double-clearing tax package service in the United States:
    ①Low price, truthful declaration, and double-clearing tax package.
    ②Air plus special line mode, the aging is fast.
    ③ Terminal UPS delivery, no appointment, stable aging.
  2. After fully understanding the differences between Amazon fba and fbm, Amazon sellers will formulate different delivery plans based on the actual situation of the product, comprehensively considering the advantages and disadvantages of different delivery methods. On the other hand, during the operation, the seller can pay attention to the latest development of the small side, which is helpful for operation and planning.

Do You Know What Role H.S. CODE Plays in Freight Transport? | 2022

We all know that there are different regulations for different cargoes, that different countries have their own special customs regulations and different tariffs for different cargoes, so how can you identify these different cargoes quickly and efficiently?

The H.S.CODE system is very useful in shipping operations because it allows customs officials to identify goods faster and easier, thus speeding up the clearance of goods.

Also known as the Harmonised System Code (H.S.CODE), H.S.CODE is the primary tool used by customs officers and duty officials to classify imported goods. Developed by the World Customs Organisation (WCO), H.S.CODE is a multi-purpose international product nomenclature that describes the type of goods being transported. Each H.S.CODE is a six-digit number, and many goods have multiple H.S.CODEs associated with them – for each country of origin or destination, or for each brand or manufacturer, etc.

The H.S.CODE can also be used to provide a common identifier for import and export goods, to identify the category of goods, to manage the classification of goods, to review tariff rates, etc.

How many numbers are there in the H.S.CODE?

The Harmonised System (HS) code is used by border agencies to identify the international trade status of goods and consists of three parts: a 2-digit code, a 4-digit code and a 6-digit code.The first 6 digits of the HS code can be used in conjunction with a country’s local customs identification number to indicate the trade status of the goods.

Are the HS codes different for each country?

Each country can adapt the HTS code with a 2 or 4 digit code without changing the first 6 digits. In other words, the first 6 digits remain the same in each country. However, it is important that countries do not modify the first six digits when adding numbers to more accurately classify and define goods. Countries that are part of the Harmonised System codes must be content to define the basic commodity at the six-digit level, however they can also introduce more detailed descriptions in those six digits

To determine if an HS code is valid you must first find out what type of HS code it is. There are three types: commodity codes, statistical codes and auxiliary codes. Commodity codes are used for raw materials and intermediate products, statistical codes are used for customs only, and auxiliary codes are used for other types of data that do not fall into the other two categories.

After determining which type of HS code it is, you must then look at the first two digits to see if that HS code has a four-digit extension. If the first two digits are 00 to 21, then there is no four-digit extension. If the first two digits are 22 to 47, then it has a four-digit extension. If it has a four-digit extension, you will have to find out what it means by looking at an additional table showing all the possibilities. After you have determined what type of HS code it is, you will have to look at the first two digits to find out if that HS code has a four-digit extension. If the first two digits are 00 to 21, then there is no four-digit extension. If the first two digits are 22 to 47, then there is a four-digit extension. If there is a four-digit extension, you have to find out what it means by looking at the additional table showing all possible extensions.

For more detailed information, please head to the official website. And you can contact us if you are looking for a China freight forwarder to help ship your cargo from or to China for your business. Our professional team is committed to providing the best service with expertise. Sea, Air and rail freight, FCL & LCL, DDP & DDU, Door to Door, Port to Port, just let us know your requirements, and we will provide you with excellent forwarding service at a reasonable price.

How Can I Track My Shipment Accurately?

As we all know, logistics are ever-changing and require customs clearance, taxation and freight …… Keeping up to date with the logistics of your goods will help you to better track the arrival of that cargo.

Air china cargo

Listed below are the most common airlines in order of airline code.

Tj China Freight

To track air freight shipments, an AWB number is essential. AWBs are displayed on a document called an Air Waybill, which is always shipped with all shipments transported by the airline. This number provides useful information about your order, but most importantly it is used to track the shipment.

The AWB number is an 11-digit document code consisting of a three-digit airline prefix and an eight-digit number representing the waybill number. It can be expressed like this. 321-87654321.

China sea shipping

The best way to track China sea freight is to use the shipping line’s container tracking system, which will give you the location and status of your cargo.

Container number – The serial number starts with four letters. The next six digits are the serial number and the last digit is the check digit.

Bill of Lading Number – The bill of lading is the document required by the shipping company to ship your goods by sea.

Booking Number – This is the booking number provided to you by the shipping company for your shipment.

It can be difficult to track every container, so it makes sense to use a freight forwarder such as SIS. They can give you a full picture of all the containers registered to your company, and you can also check your shipping company’s website directly.

If you need any China freight forwarding service and also need to tracking the state of the cargo, Send an inquiry to  TJ China Freight to get a better rates.

London Heathrow to See Business Expansion Due to Outbreak

In the latest news, the operator of London Heathrow Airport has confirmed that it will lift the cap on airline operations through the airport from 30 October.

Heathrow Airport Limited (HAL) introduced the cap following major delays and cancellations to airport services as it struggled to meet fast-growing passenger demand at the height of the post-pandemic period.

Place flying in sunset sky

The airport has also come under pressure this year due to delays in cargo handling and the threat of industrial action.

Heathrow handled 18 million passengers this summer, more than any other European hub, according to HAL, although it said – during the blockade – it was hit harder than its European rivals.

John Holland-Kaye, Heathrow’s chief executive, commented. We have removed the summer cap and are working with airlines and their ground staff to restore full capacity at peak times as soon as possible”.

Looking ahead, the operator noted that while demand is getting stronger, it has not yet fully recovered to pre-Covid levels.

HAL forecasts that total passenger numbers will reach 60 to 62 million in 2022, some 25 percent less than in pre-pandemic 2019.

In addition, headwinds from the global economic crisis, the war in Ukraine, and the impact of Covid-19 mean that a return to pre-pandemic demand is unlikely for several years, except at peak times.

“Our top priority is to re-establish the airport ecosystem to meet peak demand,” a statement from HAL said.

“To do this, businesses across the airport will need to recruit and train up to 25,000 security cleared personnel – a huge logistical challenge.”

It said its balance sheet remained “solid” despite the losses. Underlying losses so far this year have risen to £400 million (US$460 million), adding to the £4 billion (US$4.6 billion) sustained in the previous two years.

HAL said it had taken “responsible steps to protect liquidity and cash flow in the face of uncertain markets and to reduce gearing”.

Heathrow said it would aggressively expand its business and actively engage with Chinese freight forwarders and various other airfreight operations to change the situation, despite the huge challenges it faces.

 

What Will Be the Trend of China’s Freight Forwarding Industry

Since the reform and opening up, China freight forwarding industry has developed rapidly and played an important role in expanding foreign trade, attracting foreign investment, expanding employment, and promoting the development of third-party logistics. At present, with the implementation of the “One Belt, One Road” strategy and the vigorous development of cross-border e-commerce, the development of international freight forwarding is expected to enter a new chapter.

Before the reform and opening up, cargo agent in China was strictly controlled and lagged behind in development. After the reform and opening up, the Chinese government gradually liberalized the management of international freight forwarding, international freight forwarding industry has ushered in rapid development. China’s international freight forwarding industry employs about 2.5 million people, the development momentum is strong. At the same time, the “Belt and Road” strategy and the continuous development of cross-border e-commerce provide sufficient growth momentum for the international freight forwarding industry, with a bright future. However, the international freight forwarding industry itself also has certain limitations. On the one hand, the international freight forwarding industry is a pure service industry, closely related to the quality of service, geographical location, interpersonal relationships, past history, etc., resulting in a small number of small and medium-sized freight forwarding companies and large freight forwarding companies, which is not conducive to the further development of the industry.

On the other hand, international freight forwarding is an industry where competition and cooperation coexist. For international freight forwarding enterprises, to achieve complementary business between different countries, regions and enterprises, information sharing and freight network sharing to enhance their own strength. In the above context, China’s international freight forwarding industry will show the following four major trends.

First, large-scale application of Internet information technology to improve the scope and efficiency of sharing and cooperation. Through the use of modern information technology, the integration of physical logistics networks and invisible information networks can be achieved.

Second, continue to extend the industry chain. A strong freight forwarder will certainly expand its business to logistics and supply chain management consulting services to improve its competitiveness.

Third, specialization, refinement and specialization continue to strengthen. With the increasingly fierce competition in the market, how to stand out has become the primary consideration of many small and medium-sized international freight forwarding enterprises. Therefore, strengthening specialization, refinement and specialization is inevitable. Finally, the speed of integration is accelerating. Since the development of the international freight industry, the trend of integration has gradually unfolded, especially for enterprises with similar geographical ties, regional concepts and social relations. With accelerated integration, the international freight industry can develop better.