Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Maersk Releases Guide to Streamline Trade Documentation

Maersk Releases Guide to Streamline Trade Documentation

This article provides a detailed guide on how to find, download, and manage import/export documentation on the Maersk platform. It covers viewing permissions for various documents, download methods, and how to obtain financial documents. Furthermore, it offers frequently asked questions, advanced tips, and common pitfalls to avoid, empowering foreign trade professionals to efficiently manage documentation and ensure smooth foreign trade operations. It aims to help users navigate the Maersk platform effectively and streamline their documentation processes.

09/28/2025 Logistics Encyclopedia
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Directtoconsumer Brands Face Cash Flow Challenges Amid Growth

Directtoconsumer Brands Face Cash Flow Challenges Amid Growth

This article explores common cash flow management challenges faced by D2C brands during expansion. Jon Blair, founder of Free to Grow CFO, emphasizes that a profitable income statement doesn't guarantee healthy cash flow. Brands should focus on the impact of inventory, accounts receivable, and marketing expenses on cash flow. Establishing a cash flow forecasting mechanism is crucial for sustainable growth. By proactively managing these elements, D2C brands can navigate the complexities of scaling and ensure long-term financial stability.

11/03/2025 International Settlement
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Freight Insurance Guide Addresses Cargo Handling Risks

Freight Insurance Guide Addresses Cargo Handling Risks

Loading and unloading liability insurance is a crucial component of cargo insurance, designed to protect against accidents during the loading and unloading process. Businesses should assess their risk exposure, understand insurance policy terms, and select reputable insurance companies. Combining this insurance with other risk management strategies effectively mitigates risks associated with loading and unloading, ensuring cargo safety and minimizing potential financial losses. It's a proactive approach to protecting goods and reducing the impact of unforeseen incidents.

11/03/2025 Logistics Encyclopedia
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India Advances Green Ports to Meet Netzero Trade Goals

India Advances Green Ports to Meet Netzero Trade Goals

India has announced an ambitious 'Net Zero Ports' initiative, aiming for net-zero carbon emissions across all major ports by 2047. The plan encompasses energy transition, electrification, technological innovation, digitalization, and infrastructure upgrades. It also emphasizes workforce development, gender equality, and financial support. If successful, India will position itself as a global leader in green maritime, promoting green trade and contributing significantly to global climate goals. This initiative showcases India's commitment to sustainable development within its maritime sector.

11/03/2025 Logistics
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Truck Cargo Insurance Essential for Business Protection

Truck Cargo Insurance Essential for Business Protection

Cargo insurance for trucking provides protection for goods in transit, covering risks such as natural disasters, traffic accidents, and cargo abandonment. For transportation companies and truck drivers, purchasing this insurance effectively transfers risk, protects economic interests and business reputation, and ensures peace of mind during transportation. It safeguards against financial losses caused by unforeseen events, allowing businesses to operate with greater security and confidence. This coverage is crucial for mitigating potential disruptions and maintaining a stable supply chain.

11/03/2025 Logistics Encyclopedia
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US Maritime Market Key Insights on FMC Licensing

US Maritime Market Key Insights on FMC Licensing

This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.

08/21/2025 Logistics Encyclopedia
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Guide to Mitigating Export Risks with Cargo Insurance

Guide to Mitigating Export Risks with Cargo Insurance

This article delves into the cargo risks faced by export companies and the importance of cargo insurance. It details the types of cargo insurance, key selection points, and uses All Risks marine insurance as an example to illustrate crucial aspects like insured amount and premium calculation. The importance of choosing a professional freight forwarding company is emphasized, aiming to help export companies effectively mitigate risks and ensure trade security. This helps businesses protect their shipments and financial interests in the global marketplace.

08/21/2025 Logistics Encyclopedia
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Guide to Avoiding Export Clearance Pitfalls

Guide to Avoiding Export Clearance Pitfalls

This article provides a detailed interpretation of the reasons, procedures, and common issues related to export returns. It offers practical guidance to help export companies effectively address return challenges, reduce trade risks, ensure the smooth return of goods, and avoid unnecessary losses. The paper covers key aspects of handling returned shipments, from understanding the initial cause of rejection to navigating the customs inspection process. By following the advice outlined, exporters can mitigate potential financial and logistical setbacks associated with export returns.

08/22/2025 Customs Knowledge
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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