Customs General Administration Promotes Innovation and Development Measures in Processing Trade

Customs General Administration Promotes Innovation and Development Measures in Processing Trade

The General Administration of Customs has introduced new measures to promote stable growth in foreign trade and encourage innovation in processing trade. By optimizing management models and supporting high-tech and environmentally-friendly repair services, the transition of processing trade towards higher-end segments is accelerated. Additionally, the simplification of approval processes reduces the burden on enterprises, providing convenience for the healthy development of foreign trade.

07/21/2025 Logistics
Read More
Freight Booking Simplified Key Steps for Shipping Orders

Freight Booking Simplified Key Steps for Shipping Orders

This article provides a detailed explanation of key terms in foreign trade booking, including Booking, Booking Note, Booking Confirmation, and Shipping Order (S/O), highlighting their meanings and differences. It also offers practical booking procedures and essential considerations to help foreign trade professionals easily master booking skills and successfully conduct international trade. This guide aims to simplify the booking process and ensure smooth international shipping operations.

09/26/2025 Logistics Encyclopedia
Read More
Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

Tunisian Banks Adopt SWIFT Codes for Faster Global Transfers

This article provides a comprehensive analysis of the Tunisian Foreign Bank's SWIFT/BIC code, UTUBTNTTXXX. It details its usage scenarios, important considerations, and how to ensure the accuracy and efficiency of international money transfers. By understanding this information, you can easily manage international remittances and avoid unnecessary delays and errors. The article focuses on practical aspects of using the SWIFT code for transactions involving Tunisian Foreign Bank.

09/03/2025 International Settlement
Read More
The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

This article explores the definitions of freight rates and shipping costs and their interrelationship. It indicates that the freight rate represents the price of transportation labor, which directly influences the supply and demand dynamics of the shipping market. In contrast, the shipping cost is the compensation paid by the shipper to the carrier for completing the transportation of goods. The calculation of shipping costs relies on the product of freight rates and transportation volume.

07/21/2025 Logistics Encyclopedia
Read More
Global Shipping Market Freight Rate Survey Challenges and Opportunities in a New Pattern

Global Shipping Market Freight Rate Survey Challenges and Opportunities in a New Pattern

This article provides an in-depth analysis of the fluctuations in global shipping market freight rates from late August to September, covering routes from China to Latin America, Europe, North America, East Africa, and Southeast Asia. It reveals the challenges and opportunities across various routes, offering crucial market insights for shippers and logistics professionals.

08/19/2024 Logistics Industry Insights
Read More
Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.

07/15/2025 Logistics Encyclopedia
Read More
Global Trade Logistics Key Costs and Fees Explained

Global Trade Logistics Key Costs and Fees Explained

This article provides a detailed analysis of common freight and surcharges in foreign trade logistics, along with their corresponding English expressions. It covers various costs involved in air freight, sea freight, and port operations, assisting foreign trade practitioners in efficient communication and cost control. The content aims to help users understand and accurately express logistics expenses in English, enabling them to negotiate better rates and manage their international shipping budgets effectively.

12/31/2025 Logistics Encyclopedia
Read More
Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

This article delves into the operations of bills of lading, highlighting the differences between original and electronic releases, and the relationships among freight forwarders, shippers, shipping companies, and destination port agents. It particularly focuses on the distinctions between direct bills and freight forwarder bills, aiding readers in clarifying the key stages in the bill of lading process, thereby enhancing efficiency and accuracy in shipping.

07/16/2025 Logistics Encyclopedia
Read More
Douyin Introduces 100point Merchant Scoring System

Douyin Introduces 100point Merchant Scoring System

Douyin Experience Score has undergone a significant update, transitioning from a 5-point to a 100-point system with a shortened 30-day assessment cycle. The new rules refine the evaluation metrics for product, service, and logistics experience, aiming to enhance overall user experience on the platform. Merchants need to pay close attention to key indicators such as negative review rate, return rate, average response time, after-sales rejection rate, and timely pickup rate. Optimizing operational strategies is crucial for gaining a competitive edge under the new regulations.

01/04/2026 Logistics Industry Insights
Read More