North American Firms Use Trade Data to Boost Revenue

North American Firms Use Trade Data to Boost Revenue

This paper explores how foreign trade companies can leverage the BuzzFile business intelligence platform and U.S. customs data to accurately develop customers in the North American market. It focuses on building customer profiles using the business intelligence platform, verifying purchasing behavior with customs data, and integrating these resources to improve customer development efficiency. The paper also highlights relevant risks and compliance recommendations to help foreign trade companies achieve business growth in the North American market. The integrated approach aims to provide a more targeted and effective customer acquisition strategy.

01/23/2026 Customs Knowledge
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China Post EMS Enhances Export Logistics for Cost Efficiency

China Post EMS Enhances Export Logistics for Cost Efficiency

This paper reveals how foreign trade enterprises can leverage the official China Post website and EMS postal official website to build a standardized logistics system, achieving an 18% reduction in sample delivery costs and improving the stability of bulk order fulfillment to 92%. It emphasizes the advantages of official channels in terms of transparent pricing, stable delivery times, and compliance assurance, as well as their important role in after-sales risk control and customs clearance for special categories. This provides foreign trade enterprises with a logistics solution for cost reduction and efficiency improvement.

01/26/2026 Logistics Industry Insights
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Shipping Costs Surge Importers Brace for 2026 Trade Challenges

Shipping Costs Surge Importers Brace for 2026 Trade Challenges

Contrary to expectations, sea freight rates surged at the beginning of 2026, influenced by the Red Sea crisis, pre-Chinese New Year shipping rush, and the EU Emissions Trading System. Asia-Europe and trans-Pacific routes experienced significant price increases, adding cost pressure to foreign trade companies. This article analyzes the reasons behind the price hikes and proposes coping strategies for foreign trade enterprises, aiming to help them find certainty in their supply chains amidst uncertainty. It explores ways to mitigate the impact of volatile shipping costs and optimize supply chain operations.

01/26/2026 Logistics Industry Insights
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Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

The Rwanda Revenue Authority organized HS training to enhance the commodity classification skills of customs officers and promote trade development. This training aimed to improve the accuracy and efficiency of customs procedures, reducing delays and costs associated with international trade. By strengthening the capacity of customs officials in correctly classifying goods, the initiative contributes to improved revenue collection, enhanced compliance, and ultimately, greater trade facilitation for Rwanda.

01/05/2026 Customs Knowledge
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Strategies for Handling Container Delays at the Port

Strategies for Handling Container Delays at the Port

This article discusses strategies for dealing with situations where freight cannot enter the port after being loaded, including options such as pre-entry, waiting, and dropping off containers. By collaborating with the fleet and maintaining open communication, freight forwarders and drivers can effectively reduce costs and ensure smooth transportation of goods. Proper scheduling of transportation plans helps improve efficiency and lower transportation costs.

07/18/2025 Logistics Encyclopedia
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Airlines Use Weather Forecasts to Reduce Flight Delays

Airlines Use Weather Forecasts to Reduce Flight Delays

Airlines face various weather challenges, and combining accurate mid-term weather forecasts with real-time meteorological tools can help them proactively adjust routes, reduce flight delays, and enhance overall operational efficiency. For instance, Breeze Airways successfully navigated two typhoons in 2024 using these meteorological tools, highlighting the importance of proactive weather planning.

08/07/2025 Logistics
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SWIFT Codes Key to Avoiding International Transfer Delays

SWIFT Codes Key to Avoiding International Transfer Delays

The SWIFT/BIC code is a crucial identification tool for international transfers. Understanding its structure and usage can effectively prevent delays in transactions. For example, the SWIFT code for BANCO INDUSTRIAL, S.A. is INDLGTGCXXX. It is essential to verify this code and bank information before making a remittance to ensure the safety of the funds.

09/09/2025 International Settlement
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