ICC WCO Partner to Simplify Global Trade Processes

ICC WCO Partner to Simplify Global Trade Processes

The International Chamber of Commerce (ICC) and the World Customs Organization (WCO) continue their collaboration, focusing on trade facilitation and discussing key issues such as origin verification, transit, and single windows. They pay particular attention to the role and position of SMEs in global trade, jointly seeking best practices to support them. The aim is to build a more open, inclusive, and efficient global trading system. This ongoing partnership underscores the commitment to simplifying trade processes and empowering SMEs to participate effectively in the international marketplace.

12/30/2025 Customs Knowledge
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Hidden Costs Challenge Small Parcel Shipping Globally

Hidden Costs Challenge Small Parcel Shipping Globally

International small packet shipping costs are often unexpectedly high due to hidden costs. This article reveals additional fees in the transportation process, such as volumetric weight, remote area surcharges, and fuel surcharges. It also uncovers potential costs in customs clearance, including prepaid duties, return fees, and declaration discrepancies. Practical guidelines are provided to help cross-border e-commerce sellers mitigate these risks and reduce logistics costs. By understanding and planning for these hidden expenses, sellers can improve their profit margins and avoid unexpected financial burdens.

12/30/2025 Logistics
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Air Freight Prices Fluctuate on Mondays and Fridays

Air Freight Prices Fluctuate on Mondays and Fridays

Price differences in international air freight between Mondays and Fridays stem from a combination of supply and demand, costs, and market strategies. High demand and operational costs on Fridays lead to increased prices due to airlines' dynamic pricing. While Mondays offer lower prices, they pose risks regarding timeliness and customs clearance. Shippers should flexibly choose shipping times, such as Tuesdays to Thursdays for small to medium-sized cargo, securing Monday morning flights for large shipments, and avoiding Friday afternoons for urgent goods to optimize costs and efficiency.

12/30/2025 Logistics Industry Insights
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Shijiazhuang Airport's First Regular Regional Cargo Flight Officially Launched

Shijiazhuang Airport's First Regular Regional Cargo Flight Officially Launched

On December 29, 2023, Shijiazhuang International Airport launched its first regional scheduled freight route connecting Shijiazhuang to Hong Kong. This new route operates five flights weekly, marking a significant advancement in the airport's international cargo operations and is expected to attract more local goods, boosting the regional economy. The expansion and renovation of Shijiazhuang Airport, along with supportive government policies, will further promote the development of civil aviation.

12/29/2023 Logistics
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China's Exporters Struggle With Soaring Logistics Costs Amid Global Shipping Slump

China's Exporters Struggle With Soaring Logistics Costs Amid Global Shipping Slump

Currently, foreign trade enterprises are facing high logistics costs, primarily due to the complexities of international transportation chains and inefficient traditional logistics models. Although policies aim to alleviate this burden, there are still many challenges in practice. The integration of internet technology offers a viable solution for optimizing logistics, promoting efficient resource integration and reducing transportation costs. In the future, the logistics industry is expected to develop towards intensification and intelligence.

07/28/2025 Logistics
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Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
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Kashgar Airport Boosts Xinjiang Tourism as Silk Road Hub

Kashgar Airport Boosts Xinjiang Tourism as Silk Road Hub

Kashgar Airport, located in Kashgar, Xinjiang, is a modern civil airport that has become an important aviation hub since its opening in 1993. With a 3200-meter runway and a terminal capable of handling 639 passengers per hour, it operates multiple domestic and international routes, serving various airlines. The airport supports local economic and tourism development while adhering to safety policies to lay the groundwork for future growth.

07/29/2025 Logistics
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New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
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Australian Dollar Trading Strategies and Market Trends Analyzed

Australian Dollar Trading Strategies and Market Trends Analyzed

This article provides an in-depth analysis of the Australian Dollar (AUD) exchange rate characteristics, market dynamics, and influencing factors, offering practical trading tools. As a commodity currency, the AUD is influenced by commodity prices, economic data, central bank policies, and global risk sentiment. Investors can leverage online tools and professional analysis to capitalize on AUD trading opportunities. Understanding these factors is crucial for successful forex trading involving the Australian dollar.

09/01/2025 Exchange Rate Query
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Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify's duties and import taxes feature is now available to all plan users. Merchants can pre-collect duties at checkout, enhancing cost transparency and reducing rejection rates. To ensure smooth operation, bind the DDP shipping label, accurately fill in product information, update logistics policies, prepare commercial invoices, and optimize the refund process. This allows for a more streamlined and predictable experience for international customers, ultimately boosting sales and customer satisfaction.

11/03/2025 Customs Knowledge
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