financial loss News

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

USPS Adapts to Ecommerce Decline Amid Transformation Efforts

The USPS released its Q1 financial report, showing revenue growth but a decline in package volume, and a narrowed net loss. The e-commerce boom is fading, and competition is intensifying. Strategic transformation is crucial, requiring improved efficiency, reduced costs, and business expansion to adapt to evolving consumer demands. The USPS needs to modernize its operations and diversify its services to remain competitive in the evolving logistics landscape. Successfully navigating these challenges will determine its long-term sustainability.

01/15/2026 Logistics

Strategies To Enhance Financial Resilience Under New Tariff Policies

In light of changing trade policies and tariffs, rising inventory costs and warehousing prices compel businesses to rethink their supply chain strategies. This article explores concepts such as diversion integration, push-pull models, multi-channel inventory management, and the use of bonded warehouses, which can enhance financial resilience and supply chain flexibility in the current environment.

05/21/2025 Warehousing

Equatorial Guinea Adopts SWIFT Codes for Modern Financial Transfers

This article provides a detailed introduction to the SWIFT/BIC code BEACGQGQXXX of the Central Bank of Equatorial Guinea, along with best practices for effective international remittance, ensuring that transactions are convenient and secure.

09/05/2025 International Settlement

Vanuatu Reserve Bank Adopts SWIFT BIC for Financial Integration

This article introduces the SWIFT/BIC code of the Reserve Bank of Vanuatu (RBVAVUVUXXX), explaining its components and significance in international transactions, while emphasizing the importance of security and efficiency in financial interactions.