New Customs Rules Simplify Trade Compliance for Businesses

New Customs Rules Simplify Trade Compliance for Businesses

To standardize customs declaration practices, the General Administration of Customs and the China Customs Brokers Association will promote a standardized paper format for the Power of Attorney for Customs Declaration. The new regulations emphasize the 'reasonable review' obligation of customs brokers and standardize customs declaration form filling, aiming to improve customs clearance efficiency, reduce corporate risks, and protect the legitimate rights and interests of enterprises. Companies should understand the new regulations in advance and prepare for compliance.

09/26/2025 Customs Knowledge
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US Freight Decline Points to Economic Slowdown

US Freight Decline Points to Economic Slowdown

The Cass Freight Index indicates a decline in both U.S. freight volumes and expenditures in August, signaling a potential economic slowdown. Freight volumes decreased by 9.3% year-over-year and 1.5% month-over-month. Freight expenditures fell by 0.4% year-over-year and 2.8% month-over-month. This data reflects weakening consumer demand and corporate inventory adjustments, raising concerns about future economic trends. The index serves as a warning sign, suggesting a possible deceleration in economic activity.

11/03/2025 Logistics
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Logistics Firms Adapt Supply Chains for Future Growth

Logistics Firms Adapt Supply Chains for Future Growth

Global supply chain reshaping presents both opportunities and challenges for logistics companies. Businesses need to adapt to trends like reshoring, nearshoring, and friendshoring, enhancing multimodal transport and air freight capabilities, and flexibly adjusting their strategies. Logistics is a key factor in corporate location decisions. Technological innovation, service expansion, deepened cooperation, and a focus on sustainable development are crucial for success. Industry leaders are already actively implementing these changes. Embracing transformation is essential to winning in the future.

11/03/2025 Logistics Industry Insights
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Freight Forwarders Prioritize Community Engagement and Knowledge

Freight Forwarders Prioritize Community Engagement and Knowledge

This paper analyzes the behavioral patterns of a user named FREEDOM on the Jiyun Baodian forum, focusing on their personal homepage data. It aims to reveal the needs and challenges of freight forwarders in knowledge acquisition and experience exchange. By examining FREEDOM's activities, the study provides insights into the ecosystem of the freight forwarding community. Finally, it proposes suggestions for enhancing the value and effectiveness of freight forwarder communities by better addressing the specific knowledge and networking requirements of its members.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Success Trends Revealed in Online Data

Freight Forwarding Success Trends Revealed in Online Data

This article analyzes the personal profile data of forum user "abc123" on the Consolidation Guide forum, interpreting the growth secrets of freight forwarders behind metrics such as views, prestige, points, and endorsements. It emphasizes the importance of actively participating in forum discussions and sharing experiences, aiming to help novice freight forwarders find their own path to growth. The analysis highlights how engagement and contribution within the community can significantly impact a forwarder's reputation and knowledge acquisition, ultimately leading to professional development.

08/22/2025 Logistics Encyclopedia
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Guide to Secure SWIFT Transfers in Mali

Guide to Secure SWIFT Transfers in Mali

This article provides a comprehensive guide to finding SWIFT/BIC codes in Mali, covering various methods such as official bank channels, online search tools, and recipient acquisition. It lists examples of major bank codes. Furthermore, it addresses frequently asked questions and offers security tips for cross-border remittances, aiming to help readers conduct international money transfers to Mali efficiently and safely. The guide focuses on providing practical advice and resources for navigating the complexities of SWIFT codes and ensuring secure transactions.

09/02/2025 International Settlement
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Aegean Airlines Acquires Olympic Air in Strategic Move

Aegean Airlines Acquires Olympic Air in Strategic Move

Olympic Air was formerly the largest airline in Greece, later acquired by Aegean Airlines and became its subsidiary. This acquisition strengthened Aegean Airlines' market position and brought new development opportunities to Olympic Air, marking a new chapter for the established airline. It also provides a reference case for other airlines facing difficulties. The merger allowed Aegean to expand its domestic and international routes, while Olympic Air benefited from Aegean's resources and operational expertise, ensuring its continued presence in the Greek aviation market.

09/26/2025 Airlines
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GXO Logistics Acquires Wincanton to Expand Global Operations

GXO Logistics Acquires Wincanton to Expand Global Operations

GXO Logistics has successfully acquired Wincanton, marking a significant step in its global expansion strategy. This acquisition strengthens GXO's leading position in the European market and enables it to provide customers worldwide with superior and more efficient supply chain solutions. By integrating Wincanton's valuable resources, GXO Logistics is poised to achieve greater breakthroughs in the global supply chain sector. The combined entity will offer enhanced capabilities and a wider range of services to meet the evolving needs of its customers.

11/03/2025 Logistics
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Aidriven Procurement Transforms Business Strategies

Aidriven Procurement Transforms Business Strategies

Adopting AI in procurement is not merely a technical issue but a cultural transformation. This article highlights the importance of corporate culture, clear objectives, data quality, and agile iteration in AI procurement transformation. It emphasizes a human-centric approach, viewing AI as an assistive tool rather than a replacement, to realize the true value of procurement. Successfully integrating AI requires aligning organizational values, ensuring data integrity, and embracing iterative development to adapt to evolving needs and maximize the benefits of AI-driven procurement.

11/03/2025 Logistics Industry Insights
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Seattle Port Labor Dispute Threatens Supply Chains

Seattle Port Labor Dispute Threatens Supply Chains

The sudden weekend closure of the Port of Seattle due to a labor dispute highlights supply chain vulnerabilities. This article delves into the root causes of the labor conflict, explores corporate response strategies, and envisions the future construction of port operating systems. The aim is to enhance supply chain stability and efficiency in the face of potential disruptions. The closure serves as a stark reminder of the interconnectedness of global trade and the potential for localized issues to have widespread consequences.

11/03/2025 Logistics
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