Guide to SWIFT Transfers Via Silk Road Bank AD Skopje

Guide to SWIFT Transfers Via Silk Road Bank AD Skopje

The SWIFT code KRSKMK2XXXX for Silk Road Bank Macedonia is used for international money transfers. It is crucial to verify the bank details accurately to avoid delays or failures in the transaction. Using the correct SWIFT code ensures the money is routed to the intended recipient bank in Macedonia. Double-checking all information, including the beneficiary's account number and address, is highly recommended before initiating the transfer. This will help ensure a smooth and successful international wire transfer.

09/03/2025 International Settlement
Read More
West Bank Imposes New Tariffs on Knitted Apparel Exports

West Bank Imposes New Tariffs on Knitted Apparel Exports

The West Bank has adjusted export tariffs on textiles, imposing duties on knitted or crocheted apparel, impacting businesses' export costs. To address these challenges, companies should optimize product structures, explore diversified markets, strengthen cost control, and seek policy support. These measures are crucial for achieving transformation, upgrading, and high-quality development in the face of the changing trade landscape. Businesses must adapt to maintain competitiveness and ensure sustainable growth despite the increased export costs associated with the new tariffs.

09/26/2025 Customs Knowledge
Read More
Global Shipping Giants Merger Reshapes Market Landscape

Global Shipping Giants Merger Reshapes Market Landscape

The global shipping industry is undergoing significant mergers and restructuring. Following the merger of China Ocean Shipping and China Shipping, it has become the world's fourth-largest container shipping company. Meanwhile, the CMA CGM Group is also seeking to acquire Neptune Orient Lines in Singapore. The mergers of several shipping companies will reshape the current alliances and impact market competitiveness. Despite the challenging market conditions, shipping companies face pressures from overcapacity and declining demand, necessitating proactive measures to address future challenges.

07/18/2025 Logistics Industry Insights
Read More
Shippers Face Costly Delays Amid Customs Clearance Challenges

Shippers Face Costly Delays Amid Customs Clearance Challenges

This article focuses on the customs cut-off issue in freight forwarding, providing an in-depth analysis of its definition, delay handling, Bill of Lading (B/L) considerations (consignee, amendments, telex release), and essential knowledge like TIN NO. It offers practical freight forwarding experience and a 'avoiding pitfalls' guide to help shippers and freight forwarders efficiently address freight challenges. The article aims to improve understanding and streamline processes related to customs cut-off and B/L operations within the foreign trade logistics sector.

08/23/2025 Customs Knowledge
Read More
Guide to Resolving Bill of Lading Disputes in Import Customs

Guide to Resolving Bill of Lading Disputes in Import Customs

Discrepancies between the Bill of Lading (B/L) and the actual cargo (quantity, weight, volume) are common in import customs clearance. This article details strategies to address this issue, including verifying data, amending the B/L, and contacting the LCL agent. It also answers frequently asked questions regarding document requirements for exchanging the B/L, LCL charges, and the transportation of goods within bonded zones. This guide aims to improve customs clearance efficiency by providing practical solutions and insights into common challenges.

08/21/2025 Logistics Encyclopedia
Read More
Shanghai Port Adopts Paperless Customs to Speed Up Southeast Asia Trade

Shanghai Port Adopts Paperless Customs to Speed Up Southeast Asia Trade

User s4345479 on Ji Yun Bao Dian (a freight forwarding platform) highlights issues regarding paperless customs clearance at Shanghai Port and the issuance time of Southeast Asia Bills of Lading, drawing industry attention. The article covers various aspects including customs declaration, bills of lading, chemical identification, and port operations, reflecting common challenges faced by freight forwarders. It underscores the importance of industry communication and knowledge sharing to address these practical problems and improve operational efficiency within the freight forwarding sector.

08/21/2025 Logistics Encyclopedia
Read More
Guide to Avoiding Export Clearance Pitfalls

Guide to Avoiding Export Clearance Pitfalls

This article provides a detailed interpretation of the reasons, procedures, and common issues related to export returns. It offers practical guidance to help export companies effectively address return challenges, reduce trade risks, ensure the smooth return of goods, and avoid unnecessary losses. The paper covers key aspects of handling returned shipments, from understanding the initial cause of rejection to navigating the customs inspection process. By following the advice outlined, exporters can mitigate potential financial and logistical setbacks associated with export returns.

08/22/2025 Customs Knowledge
Read More
Delayed Customs Clearance Risks Cargo Backlogs

Delayed Customs Clearance Risks Cargo Backlogs

After foreign trade containers enter the port, although customs doesn't have a mandatory customs clearance deadline, it's recommended to declare as early as possible to avoid demurrage, ensure timely shipment, and address potential inspection risks. Pay special attention to the cut-off time, and ensure release is completed before then. In Yangshan Port, containers usually cannot enter the port without customs clearance, and late declaration may result in additional fees. Early declaration is crucial for smooth and cost-effective export operations.

08/22/2025 Customs Knowledge
Read More
Guide to Air Cargo Operations at Russias Polyarny Airport

Guide to Air Cargo Operations at Russias Polyarny Airport

This article provides an in-depth analysis of air freight knowledge related to Polyarny Airport (PYJ) in Russia, covering key information such as airport code, customs clearance strategies, and the use of West Coast cargo equipment. It aims to help air freight professionals efficiently address the challenges of polar air transportation, master practical skills, and ensure the safe and smooth arrival of goods at their destination. The article focuses on optimizing operations and navigating the specific requirements of air freight through PYJ.

09/29/2025 Airport Codes
Read More
Chinas Air Cargo Industry Faces Challenges Amid Growth Push

Chinas Air Cargo Industry Faces Challenges Amid Growth Push

China's air freight logistics has experienced rapid growth, but its development is constrained by issues such as a single business model, imperfect service functions, fragmented enterprise operations, and low levels of informatization. Transformation and upgrading are necessary through model innovation, resource integration, technology empowerment, and talent cultivation. This will help address challenges, seize market opportunities, and secure a position in the global air cargo market. Overcoming these limitations is crucial for sustained growth and competitiveness in the evolving landscape of international air freight.

09/26/2025 Logistics Industry Insights
Read More