Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Air Cargo Security Rules Tighten for Highrisk Goods

Air Cargo Security Rules Tighten for Highrisk Goods

This article details the necessity of Air Transport Identification in air cargo transportation. It lists six major categories of goods that require Air Transport Identification: powders, chemicals, oily substances, batteries, liquids/gases and related substances, and magnetic materials. The aim is to help cargo owners understand the Air Transport Identification requirements and ensure the safe and compliant transportation of their goods. This identification process is crucial for maintaining safety and adhering to international regulations within the air freight industry.

09/26/2025 Logistics Encyclopedia
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Guide to HS Code Compliance for Plastics Industry

Guide to HS Code Compliance for Plastics Industry

This article delves into common declaration issues in HS code classification for plastics and their products, providing guidance on standardized declaration elements to help businesses mitigate risks and improve customs clearance efficiency. It focuses on interpreting the declaration key points for plastics in primary forms, semi-finished products, and finished products. Through case study analysis, it offers practical suggestions for businesses to ensure accurate and compliant customs declarations, ultimately streamlining their import/export processes related to plastic goods.

09/26/2025 HS Code Query
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Tawau Airport Enhances Cargo Efficiency in Sabah Malaysia

Tawau Airport Enhances Cargo Efficiency in Sabah Malaysia

This article provides detailed cargo information for Tawau Airport (TWU) in Sabah, Malaysia, including the airport code, direct flight routes, and customs clearance requirements. It also recommends West Coast Cargo, a search platform offering global airport information, to help users efficiently manage air cargo operations. This information is crucial for businesses and individuals involved in air freight to and from Tawau, ensuring smooth and compliant logistics processes. The platform aims to simplify the complexities of international air transport.

09/28/2025 Airport Codes
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Straight Vs Order Bills of Lading Risks in Global Shipping

Straight Vs Order Bills of Lading Risks in Global Shipping

This article analyzes the key features and risk differences between negotiable and non-negotiable bills of lading in international shipping. It explores cargo control, the risks of releasing goods without a bill, and the adaptability of trade settlements. Practical recommendations are provided to assist decision-making and enhance transaction safety and efficiency.

08/04/2025 Document Interpretation
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National Bank of Egypt Explains SWIFT Code Essentials

National Bank of Egypt Explains SWIFT Code Essentials

This article discusses the SWIFT code NBEGEGCX007 of the National Bank of Egypt and its banking address. It emphasizes the importance of ensuring accurate information during remittance and the necessity of regularly checking the SWIFT code to enhance transaction efficiency. Choosing a reputable bank ensures security and convenience for customers conducting international remittances.

09/04/2025 International Settlement
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SWIFT Codes Essential for Secure Global Money Transfers

SWIFT Codes Essential for Secure Global Money Transfers

This article provides a detailed overview of how to safely and efficiently use the SWIFT code NLCBTZTXIND for international remittances. It explains the structure of SWIFT codes and outlines key considerations for their use, emphasizing transaction security and potential risks. The aim is to enhance readers' efficiency and security in remittance processes.

09/04/2025 International Settlement
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Somali Shillings to USD Current Exchange Rate Guide

Somali Shillings to USD Current Exchange Rate Guide

This article provides essential information on how to exchange 10,000 Somali Shillings for US dollars, including methods for calculating real-time exchange rates. It emphasizes the market factors and transaction fees that need to be considered during currency exchanges, aiming to help readers better understand and manage the fluctuations between different currencies.

08/09/2025 Exchange Rate Query
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