China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
Read More
Scotiabank Colpatria Simplifies SWIFT Codes for International Transfers

Scotiabank Colpatria Simplifies SWIFT Codes for International Transfers

This article provides a detailed explanation of Scotiabank Colpatria's SWIFT code, COLPCOBBXXX, and offers a practical guide for international money transfers. It emphasizes the importance of accurately providing the SWIFT code, bank account number, and other required information to ensure that cross-border remittances successfully reach the recipient's account, preventing delays or returns. Accurate information is crucial for smooth and efficient international transactions involving Scotiabank Colpatria in Colombia.

09/03/2025 International Settlement
Read More
South Sudan Central Bank Tightens Rules for International Transfers

South Sudan Central Bank Tightens Rules for International Transfers

The Bank of South Sudan provides the SWIFT/BIC code BSSDSSJBXXX to ensure the security and efficiency of international remittances. It is recommended to confirm the accuracy of the code, account number, and name of the recipient before making a transfer to avoid delays or issues. The Bank of South Sudan typically offers better exchange rates and fees compared to other banks, ensuring efficient and cost-effective fund transfers.

09/12/2025 International Settlement
Read More
Togo Cambodia Join Revised Kyoto Convention Bolstering Global Trade

Togo Cambodia Join Revised Kyoto Convention Bolstering Global Trade

Togo and Cambodia have acceded to the Revised Kyoto Convention, bringing the total number of contracting parties to 94. The Convention aims to simplify and harmonize customs procedures, enhance trade efficiency, reduce transaction costs, and promote global economic prosperity. More countries joining will contribute to making global trade more efficient, convenient, and sustainable. The revised Kyoto Convention is considered the blueprint for modern and efficient customs procedures in the 21st century.

12/30/2025 Customs Knowledge
Read More
Amazon Sellers Face New Inventory Fee Seek Cost Cuts

Amazon Sellers Face New Inventory Fee Seek Cost Cuts

This article delves into the impact of Amazon's Inventory Placement Service Fee on sellers and provides several strategies to mitigate its effects. These strategies include choosing the optimal number of warehouses, leveraging Amazon Global Logistics (AGL), optimizing supply chain management, and adjusting pricing strategies. The aim is to help sellers optimize costs, improve operational efficiency, and adapt to the evolving cross-border e-commerce landscape under the new rules.

12/31/2025 Logistics
Read More
Breeze Airways Enhances North American Cargo Tracking

Breeze Airways Enhances North American Cargo Tracking

This article provides a detailed interpretation of the Breeze Airways freight tracking process, covering tracking number formats, real-time tracking methods, anomaly handling, and timeliness analysis. It offers a practical operational guide to help you efficiently monitor North American air freight dynamics and optimize logistics management. Learn how to effectively track your Breeze Airways shipments, understand potential delays, and proactively manage your supply chain for improved efficiency and transparency.

01/07/2026 Airlines
Read More
Ozon JD Logistics Boost Russian Crossborder Ecommerce

Ozon JD Logistics Boost Russian Crossborder Ecommerce

Ozon has partnered with JD Logistics to launch a pre-positioned warehouse delivery model and has opened a fulfillment center in Dongguan, significantly reducing cross-border logistics time to within 14 days. Ozon also plans to expand the number of pick-up points to improve logistics convenience. These initiatives aim to enhance user experience, expand market share, and bring new development opportunities for cross-border e-commerce sellers.

01/07/2026 Logistics
Read More
US Ocean Freight Guide Tips for Costeffective Shipping

US Ocean Freight Guide Tips for Costeffective Shipping

This article provides an in-depth analysis of key elements in US ocean freight logistics, emphasizing the importance of selecting reliable shipping partners. It elaborates on service scope, security, cost-effectiveness, and tracking capabilities. Furthermore, it offers practical tips for optimizing ocean freight costs and provides convenient methods for tracking ocean freight shipments using the tracking number. The aim is to help readers conduct US ocean freight more efficiently and economically.

01/15/2026 Logistics
Read More
China Airlines Enhances Cargo Tracking for Crossborder Logistics

China Airlines Enhances Cargo Tracking for Crossborder Logistics

China Airlines, a key aviation hub connecting Asia-Pacific with global markets, offers efficient cargo tracking services. Customers can track their shipments in real-time via the website or app using the air waybill number, or utilize advanced options like EDI. Stringent quality control ensures cargo safety and timeliness, helping customers optimize their supply chains. This comprehensive tracking system provides transparency and control throughout the entire logistics process.

01/22/2026 Airlines
Read More
Guide How to Call China From Overseas

Guide How to Call China From Overseas

This article provides a detailed guide on how to correctly dial mainland China phone numbers from abroad. It covers the proper usage of the international access code, China's country code '86', the domestic area code (omitting the leading '0'), and the phone number itself. The guide also emphasizes the independent dialing code rules for Hong Kong, Macau, and Taiwan. The aim is to help readers successfully make international calls to China.

09/29/2025 Logistics Encyclopedia
Read More