New Incoterms Guide Aids Global Trade Efficiency

New Incoterms Guide Aids Global Trade Efficiency

The Incoterms® rules are a set of global standards published by the International Chamber of Commerce, covering 11 essential trade terms. Since their inception in 1936, with the latest version released in 2020, these rules clarify the responsibilities and risks of sellers and buyers in the delivery of goods in international trade. They help prevent misunderstandings and reduce transaction costs. Understanding these rules is crucial for the success of every trader.

08/05/2025 Logistics Encyclopedia
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New Crossborder Logistics Solutions Disrupt Traditional Transport

New Crossborder Logistics Solutions Disrupt Traditional Transport

Cross-border dedicated line logistics offers efficient and professional door-to-door services, breaking through traditional transportation bottlenecks. Its exclusive transport routes significantly reduce shipping time and costs, increasingly becoming a key driver of global trade. The market size is expected to continue growing rapidly in the future, with dedicated line logistics playing a more prominent role in cross-border e-commerce and brand expansion.

09/16/2025 Logistics Industry Insights
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New MTBLBDDHGUL Code Enhances Secure International Transfers

New MTBLBDDHGUL Code Enhances Secure International Transfers

This article discusses the importance of using SWIFT/BIC codes in international remittances, exemplified by MUTUAL TRUST BANK PLC's MTBLBDDHGUL. It emphasizes the critical role of accuracy in ensuring the safety of funds and timely receipt. Additionally, the article advises users to verify relevant information before remitting to avoid risks of delays and misallocation of funds.

08/26/2025 International Settlement
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