Ningbo Port's Smart Shore Power Project Aids Emission Reduction and Environmental Protection

Ningbo Port's Smart Shore Power Project Aids Emission Reduction and Environmental Protection

The implementation of the smart shore power project at Ningbo Port will allow ocean-going vessels to draw power directly from the grid instead of relying on onboard generators. This shift is expected to significantly reduce pollutant emissions during shipping, creating a win-win situation for the terminal, shipping companies, and power suppliers. The project aims to notably decrease emissions of PM2.5, sulfur oxides, and nitrogen oxides, making a significant contribution to environmental protection.

07/21/2025 Logistics
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Freight Forwarding Costs Decoded for Global Trade Efficiency

Freight Forwarding Costs Decoded for Global Trade Efficiency

This article provides a thorough analysis of the components of freight forwarding costs in foreign trade, highlighting the differences between fixed and variable costs and how to set reasonable quotes to remain competitive. By offering examples of freight forwarding charges, discussing the impact of designated forwarders, and strategizing to cope with fluctuating shipping rates, it aims to help professionals in foreign trade master the calculation methods for these costs, thereby enhancing their business efficiency.

07/28/2025 Logistics Encyclopedia
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Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
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Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

The entry of STO Express has triggered a price war in the express industry, putting existing players in a dilemma. Although express companies are responding to competition through capital investment and cost leadership strategies, the rapid market growth and the impact of new entrants make it difficult for traditional business models to endure. In the future, service differentiation will be a key direction for the express industry to return to reasonable profits.

07/23/2025 Logistics
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Freight Forwarders Warned Over VGM Tare Weight Errors

Freight Forwarders Warned Over VGM Tare Weight Errors

VGM tare weight errors are common in the freight forwarding industry. This article reminds freight forwarders to carefully verify container information, confirm with the shipping company, and take photos as proof to avoid problems such as cargo rejection due to incorrect VGM information, ensuring smooth cargo transportation. It emphasizes the importance of double-checking VGM data and maintaining proper documentation to mitigate potential risks and ensure compliance with regulations in container shipping.

08/23/2025 Logistics Encyclopedia
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Global Pesticide Exporters Face Rising Risks and Regulations

Global Pesticide Exporters Face Rising Risks and Regulations

This article provides an in-depth analysis of the pesticide export process, emphasizing the importance of compliance. It offers a comprehensive guide covering product attribute determination, packaging requirements, necessary documentation, and prohibited pesticide lists. The guide reminds traders to pay close attention to target market regulations to avoid risks and capitalize on the global pesticide market. It serves as a practical resource for navigating the complexities of pesticide export and ensuring adherence to international standards.

08/21/2025 Logistics Encyclopedia
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Customs EDI Upgrade Disrupts Freight Forwarders Cargo Flow

Customs EDI Upgrade Disrupts Freight Forwarders Cargo Flow

Recent Customs EDI system upgrades have led to cargo detention. This article analyzes the causes of the issue and provides recommendations: monitor system status, proactively self-check documents, and urgently address detention situations. Freight forwarders need to stay informed to ensure smooth trade operations. By paying attention to these key areas, freight forwarders can mitigate the negative impacts of the EDI system upgrade and minimize cargo delays, ultimately facilitating efficient and reliable international trade.

08/22/2025 Customs Knowledge
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Freight Forwarding Experts Address Container Logistics Challenges

Freight Forwarding Experts Address Container Logistics Challenges

This article compiles frequently asked questions from freight forwarding forums, covering various aspects such as consolidated container pickup, inspection procedures, and shipping line operations. It provides practical answers and suggestions to help freight forwarding professionals solve real-world problems and improve their work efficiency. The information aims to assist practitioners in navigating common challenges related to container handling, customs inspections, and interactions with shipping companies, ultimately contributing to smoother and more efficient logistics processes.

08/22/2025 Logistics Encyclopedia
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Major Shipping Lines Adopt Smart Strategies Amid Port Congestion

Major Shipping Lines Adopt Smart Strategies Amid Port Congestion

Unstable access to shipping company websites is a common pain point in the foreign trade and freight forwarding industries. This paper reviews the related issues and proposes coping strategies to mitigate risks by obtaining information through multiple channels. These strategies aim to help practitioners overcome the challenges posed by website downtime, ensuring business continuity and minimizing disruptions to their operations. By diversifying information sources, businesses can reduce their reliance on potentially unreliable websites.

08/22/2025 Logistics Encyclopedia
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Banco Cathay Costa Rica Simplifies Global Transfers With SWIFT Codes

Banco Cathay Costa Rica Simplifies Global Transfers With SWIFT Codes

This article provides a comprehensive guide to the SWIFT code of Banco Cathay in Costa Rica, designed to assist businesses and individuals in making efficient and accurate cross-border payments. It details Banco Cathay's primary SWIFT code, KTAYCRSJXXX, along with the appropriate scenarios for its use. The article emphasizes the importance of verifying information before initiating a transfer to ensure funds arrive safely and quickly. This guide aims to simplify international transactions involving Banco Cathay.

09/01/2025 International Settlement
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