Daily Logistics News(10.23.2026)
Photo by Barrett Ward on Unsplash
Overview
The October 23 trade and logistics roundup covers US sanctions on five Chinese companies and restrictions on DeepSeek products, a new Nanjing-Europe finished vehicle route, Ireland's projected e-commerce total, FedEx's integrated duty payment across nine Asia-Pacific markets, Maersk's New Delhi dry port surcharge cut, and the Bank of China exchange buying rate.
US State Department Sanctions Five Chinese Companies
On October 20, the US Department of State announced sanctions on five Chinese companies, including MiraclePlus and Shanghai Zhisuan Technology, under the Protecting American Intellectual Property Act of 2022. The department cited alleged involvement in or benefit from the theft of trade secrets from US technology companies. Almost at the same time, the US Department of Homeland Security implemented a ban on the use of all DeepSeek products in US federal civilian agencies' IT systems.
New Nanjing-Europe Finished Vehicle Export Corridor Opens
Recently, after completing its first loading of 1,530 finished vehicles from Chinese domestic auto brands, China Merchants RoRo's Guangrong sailed from Nanjing Port to Europe, marking the opening of the Nanjing-Europe RoRo foreign trade route. Nanjing Port now has three direct foreign trade RoRo routes. The Guangrong was built by Jinling Shipyard and has a designed capacity of 7,800 standard car spaces, making it the largest RoRo vessel to call at Nanjing Port to date.
Ireland's E-Commerce Transaction Value Reaches EUR 17.8 Billion
Recently, Digital Business Ireland (DBI) released analysis from the 2026 European E-Commerce Report. It projected that Ireland's total e-commerce transaction value will reach EUR 17.8 billion in 2026, up 8% from EUR 16.5 billion in 2025. The market continues to show a steady upward trend.
FedEx Adds Duty Payment to Import Tool Across Nine Asia-Pacific Markets
FedEx has integrated the payment of customs duties and various taxes and fees into its import tool. The feature is available in nine Asia-Pacific markets: Australia, New Zealand, Japan, South Korea, the Philippines, Singapore, Indonesia, Malaysia, and Thailand. Digital payment of import duties and taxes, customs clearance document submission, and shipment tracking are now offered on the same platform, so sellers no longer need to handle documents and payments separately.
Maersk Lowers New Delhi Dry Port Surcharge
Maersk recently revised its import dry port surcharge for shipments from all origins worldwide to New Delhi, India, with the new rates effective October 16. The revised rates apply to both regulated and non-regulated countries. The charge for a 20-foot dry container has been reduced from INR 21,000 to INR 12,150. For 40-foot dry containers and 40-foot high cubes, the charge has been reduced from INR 36,400 to INR 18,800, and the rates apply to cargo from all ports of loading.
Bank of China Exchange Buying Rate
The Bank of China exchange buying rate was EUR 1 = RMB 7.49 and USD 1 = RMB 6.6747.
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