WCO Releases Guide on Harmonized System Trade Compliance

WCO Releases Guide on Harmonized System Trade Compliance

The Compendium of Classification Opinions compiles authoritative rulings from the World Customs Organization Harmonized System Committee regarding complex commodity classifications. It holds the same weight as the Explanatory Notes to the Harmonized System, but focuses more on specific goods. This resource helps companies accurately classify products, reduce trade risks, and improve customs clearance efficiency. It is an essential tool for corporate compliance departments and trade professionals.

11/03/2025 HS Code Query
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Fedex Expands Fleet with New ATR Cargo Aircraft

Fedex Expands Fleet with New ATR Cargo Aircraft

FedEx has announced the procurement of 10 ATR72-600F cargo aircraft to enhance operational efficiency and strengthen its competitiveness in global logistics. This aircraft model features high fuel efficiency and short takeoff and landing capabilities, enabling it to handle various cargo loads while maintaining stable performance in diverse climates.

08/04/2025 Logistics
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Guide to SWIFT Transfers for Lloyds Bank Jersey Clients

Guide to SWIFT Transfers for Lloyds Bank Jersey Clients

This article provides a detailed explanation of using SWIFT codes for cross-border transfers to Lloyds Bank Corporate Markets Jersey, including the application of the primary code LOYDJEJJXXX, the importance of verifying information, and key considerations for receiving international remittances. It aims to help readers avoid transfer errors and ensure funds arrive safely and quickly at the destination. The guide emphasizes accuracy and provides practical tips for a smooth transaction process.

09/02/2025 International Settlement
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IATA Certification Expands Global Shipping Opportunities

IATA Certification Expands Global Shipping Opportunities

This article provides a detailed interpretation of the value and application process of IATA freight forwarder accreditation, as well as how the CASSLink system simplifies settlement and improves efficiency. Obtaining IATA accreditation helps companies gain the trust of airlines, join the global distribution network, and enhance their corporate image. CASSLink assists companies in optimizing operations, reducing costs, and expanding global business through standardized electronic billing and automated settlement functions.

12/30/2025 Airlines
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Mastering the Six Key Elements of Inventory Management to Enhance Efficiency and Reduce Costs

Mastering the Six Key Elements of Inventory Management to Enhance Efficiency and Reduce Costs

This article explores six key elements of inventory management, including physical inventory, available inventory, incoming inventory, in-transit inventory, supplier inventory, customer inventory, and line-side inventory. It aims to help readers scientifically understand inventory dynamics, enhance the efficiency of business procurement, production, and resource allocation, ultimately leading to a reduction in operational costs.

07/23/2025 Warehousing
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Logistics Industry Terminology Explained

Logistics Industry Terminology Explained

This article provides a detailed analysis of important professional terms in the logistics industry, including procurement personnel, hazardous materials shipping processes, breakbulk cargo, customs inspection, and customs documentation. Through the interpretation of these professional terms, the article aims to help readers better understand the complexity of logistics operations and the specific operational processes involved.

07/17/2025 Logistics Encyclopedia
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Guide to Expanding Ecommerce Sales on Temu Globally

Guide to Expanding Ecommerce Sales on Temu Globally

This article provides a comprehensive onboarding guide for Pinduoduo's cross-border platform, Temu. It details the qualification requirements for mainland China and Hong Kong sellers, differentiating between individual and corporate stores. It also offers a detailed registration process and onboarding tips to help sellers successfully launch their cross-border e-commerce journey on Temu. The guide aims to simplify the process and provide actionable advice for a smooth transition to selling on the platform.

12/30/2025 Logistics Encyclopedia
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Port of Los Angeles Funds 57M Zeroemission Incentive Program

Port of Los Angeles Funds 57M Zeroemission Incentive Program

The Port of Los Angeles has launched a $57 million green transportation incentive program aimed at supporting the procurement of zero-emission cargo handling equipment and clean port vessels. This initiative is designed to reduce emissions and improve air quality while also boosting the local economy and job growth, setting a new benchmark for sustainability in the industry.

08/06/2025 Logistics
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Logistics Industry Electrification Commanding the Energy Revolution of the Future

Logistics Industry Electrification Commanding the Energy Revolution of the Future

The logistics sector is rapidly electrifying, with electric truck sales increasing by 35%. The drive towards electrification is fueled by policy support, cost reductions, and corporate emissions targets, but insufficient charging infrastructure remains a significant barrier. China is leading the electric truck market, while Europe is also seeing a surge in sales. New regulations in the US and EU will support electrification efforts, but strategic planning for charging solutions in long-haul transport is still needed.

07/23/2025 Logistics Industry Insights
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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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