What Are Global Freight Rates 2026 Doing in October? Global freight rates 2026 remain volatile as international shipping enters the final quarter of 2026. However, businesses should be careful with headlines suggesting that freight prices are simply “rising” or “falling”. The reality is more complicated. At the beginning of
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China Golden Week shipping is an important planning consideration for businesses importing goods from China, as factory closures and changes to logistics operations can affect production, trucking, warehousing and international freight. China’s National Day Golden Week runs from 1 to 7 October 2026. Factories and other businesses can close
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UK importers have another important compliance deadline approaching. From 1 January 2027, the United Kingdom’s Carbon Border Adjustment Mechanism (CBAM) will apply to specified carbon-intensive imported goods. HM Revenue & Customs updated its CBAM information on 9 September 2026, including additional legislation and policy information. You can review the
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India’s maritime logistics network has reached an important milestone with the start of gateway export-import operations at Vizhinjam International Seaport in Kerala. Vizhinjam officially commenced EXIM operations on 18 August 2026, allowing the port to handle Indian import and export cargo alongside its established international transshipment activity. Business Standard
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Pakistan is making a stronger push to attract regional transshipment cargo through its major seaports. On 5 August 2026, the government announced a unified transshipment incentive framework covering Karachi Port and Port Qasim. The package introduces concessions on port wet charges, wharfage, storage and terminal handling charges for qualifying
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Global container shipping is entering another period of transition as major carriers gradually restore selected services through the Red Sea and Suez Canal. For much of the recent disruption, vessels travelling between Asia and Europe were redirected around the Cape of Good Hope. That significantly increased sailing distances, transit
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China port delays are creating continued supply chain uncertainty for UK businesses importing goods from China, following severe weather disruptions at major container ports in eastern China. Shanghai and Ningbo have experienced vessel backlogs, elevated yard utilisation and schedule instability following successive typhoon disruptions. While port operations have resumed,
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If you import goods into the UK, getting the correct HS codes UK classification can affect your customs declaration, import duty and clearance process. The right code helps HMRC identify what you are importing and determine the applicable customs treatment. What Is an HS Code? An HS code is
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Holding imported goods before they are sold can tie up working capital. Customs bonded warehousing UK arrangements allow eligible goods to remain under customs supervision. During this period, customs duty, import VAT and excise duty are suspended. Goods stay in storage until they enter free circulation or another approved
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Every time you import goods into the UK, HMRC charges duty based on the customs value. Getting this number wrong means you either overpay duty or risk a compliance penalty. Yet many importers do not realise which costs belong in the calculation. The transaction value method is the most
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