Making the World a Smaller Place

Grim future painted for smaller container carriers

The emergence of four large alliances among the world’s largest container shipping lines is creating a two-tier market that could doom smaller carriers to hanging on to niche trades or going out of business. Unless an unexpected growth in global demand can rescue smaller shippin
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Effective Immediately -Ocean Freight Value Added Tax

Chinese VAT (Value Added Tax) on Prepaid Ocean Freight Effective August 1st For your information, the Chinese Government is expending 6% of Value-Added Tax (VAT) to logistics & freight forwarding services with effective on 1 Aug. Here is the information for your easy reference: Th
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