China Deregulates Rail Freight Prices to Cut Logistics Costs

China Deregulates Rail Freight Prices to Cut Logistics Costs

China's National Development and Reform Commission is expanding market-based pricing for railway freight. Prices for some freight services will now be determined by market supply and demand, leading to potential price fluctuations. Businesses will have more choices, and market competition will intensify. Railway companies are required to regulate their pricing practices and protect consumer rights. This reform aims to improve efficiency and responsiveness to market demands, potentially impacting overall logistics costs.

09/26/2025 Logistics
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Qantas Celebrates 100 Years of Global Connectivity

Qantas Celebrates 100 Years of Global Connectivity

Qantas, Australia's national airline, boasts a century-long history. With a global network, it's a member of the Oneworld alliance. The kangaroo logo symbolizes reliability, safety, and quality service. This article introduces Qantas's basic information, route network, alliance affiliation, and its role in the cargo sector. It highlights Qantas's significant presence in international air travel and its commitment to providing a premium travel experience as a key player within the Oneworld alliance.

09/26/2025 Airlines
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Logistics Firms Compete for Yangtze River Economic Belt Growth

Logistics Firms Compete for Yangtze River Economic Belt Growth

The National Development and Reform Commission released the "Innovation-Driven Industrial Transformation and Upgrading Plan for the Yangtze River Economic Belt," signaling trillion-level investment opportunities. Logistics companies should seize this opportunity to participate in infrastructure construction, develop river-sea intermodal transport, promote smart logistics, and provide professional services around key industries. This will enable them to achieve transformation and upgrading, and share the development dividends of the Yangtze River Economic Belt.

09/26/2025 Logistics
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Crossborder Ecommerce Firms Face Valuation Compliance Challenges

Crossborder Ecommerce Firms Face Valuation Compliance Challenges

Declared value in cross-border e-commerce significantly impacts customs duties and inspections. This paper explores the risks associated with under-declaration and proposes a balanced strategy for accurate declaration. It emphasizes that precise declaration contributes to a win-win situation of tax optimization and efficient customs clearance. The study recommends sellers to consider transaction documents and national policies, and consult with professional logistics advisors to ensure compliance and avoid potential penalties.

11/03/2025 Customs Knowledge
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Dutch Importers Face New TTW Tariff Rules

Dutch Importers Face New TTW Tariff Rules

This article provides a detailed analysis of the composition of the Dutch import customs duty bill (TTW), clarifying the components of the customs debt and differentiating it from national taxes. It aims to help businesses better understand and navigate customs duty issues in the Dutch import process, ultimately enabling them to effectively control import costs. The article focuses on the structure of the TTW bill and its implications for businesses importing goods into the Netherlands.

11/03/2025 Customs Knowledge
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Sabzevar Airports AFZ Code Boosts Iranian Aviation Access

Sabzevar Airports AFZ Code Boosts Iranian Aviation Access

This article provides an in-depth analysis of Sabzevar National Airport's IATA code, AFZ, in Iran. It explains the differences and applications of IATA and ICAO codes. Furthermore, it explores the airport's role and significance within the Iran Air network. The factors influencing airport code allocation are discussed, along with common methods for code lookup. The article aims to provide a comprehensive understanding of AFZ's coding and its place in Iranian aviation.

11/03/2025 Airport Codes
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WCO Releases New Ecommerce Crossborder Trade Rules

WCO Releases New Ecommerce Crossborder Trade Rules

The World Customs Organization (WCO) E-Commerce Package provides a guiding framework for customs administrations in managing cross-border e-commerce, with the core being the Framework of Standards on Cross-Border E-Commerce. It covers trade facilitation, security, revenue collection, and consumer protection. The WCO urges countries to implement the package in phases based on their national circumstances and provides support to promote secure, efficient, sustainable, and inclusive cross-border e-commerce development.

12/30/2025 Customs Knowledge
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Tonga Customs Workshop Boosts Trade Efficiency

Tonga Customs Workshop Boosts Trade Efficiency

In January 2025, the WCO and Tonga Customs jointly held a workshop on tariff rulings in Nuku'alofa, aiming to enhance Tonga Customs' tariff classification capabilities and promote trade facilitation. Sponsored by the Japan Customs Cooperation Fund, the workshop covered WCO guidelines, Tonga Customs practices, action plan development, and expert experience sharing. Through capacity building, institutional improvement, technical support, and international cooperation, Tonga Customs will be better positioned to serve national economic development.

01/23/2025 Customs Knowledge
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Guide to Locating SWIFT Codes for Namibian Banks

Guide to Locating SWIFT Codes for Namibian Banks

This article explains how to find the SWIFT code for branches of Namibia Bank and its significance. By understanding the main SWIFT codes and how to use the global head office code, readers can ensure the accuracy and security of international remittances. Additionally, it offers advice on obtaining more information to help readers successfully complete their fund transfers.

09/04/2025 International Settlement
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Banque Du Caire Highlights SWIFTBIC Code Security Measures

Banque Du Caire Highlights SWIFTBIC Code Security Measures

This article discusses the SWIFT/BIC code of BANQUE DU CAIRE and its significance in international remittances. It emphasizes the importance of accuracy in the code and how the choice of bank impacts the safety of the transfer. Proper use of this information can provide users with a smooth remittance experience, ensuring that funds are securely delivered.

09/04/2025 International Settlement
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