forwarder bill of lading News

Global Air Freight Faces Challenges Opportunities in 2025

In June 2025, the global air freight market experienced a growth of 0.8%, with international cargo demand rising by 1.6%, particularly notable in the Asia-Pacific region. Available cargo space expanded by 1.7% year-on-year, although the cargo load factor declined. Jet fuel prices decreased by 12% compared to the previous year, while freight rates saw limited increases. Overall, the market continues to face both challenges and opportunities.

06/01/2025 Logistics Industry Insights

Guide to Crossborder Payments SWIFT BIC Codes Explained

This article discusses the SWIFT/BIC code NBEGEGCX001 of the National Bank of Egypt, highlighting its significance and applications in cross-border remittance to ensure that funds are transferred safely and efficiently to their destinations.

09/04/2025 International Settlement

Egypts National Bank Simplifies Crossborder Remittances Via SWIFT

This article discusses the SWIFT/BIC code NBEGEGCX006 of the National Bank of Egypt and its significance. It emphasizes the advantages of using this code for international remittances, and reminds customers to verify the correct code to ensure smooth transactions.

09/04/2025 International Settlement

BGS Simplifies Hazardous Goods Warehouse Pickup with Compliance Guarantee

Provides a professional Letter of Guarantee template for picking up Class 6.1 dangerous goods from the BGS Dangerous Goods Warehouse, aiming to simplify the pickup process and improve efficiency. This template is professional, standardized, and easy to use. It also offers dangerous goods operation services at the Da Shun Customs Supervision Warehouse, helping to ensure safe and efficient cargo pickup. This template streamlines the process, ensuring compliance and faster turnaround times for dangerous goods retrieval.

08/21/2025 Document Interpretation

Shipping Costs Rise Amid Container Verification Challenges

This article focuses on consolidation fees, addressing key aspects such as querying shipping company charges, verifying container numbers, and obtaining proof of non-shipment. It reminds industry professionals to be aware of price differences before and after vessel departure, as well as demurrage charges. The article recommends using professional tools for container number verification to ensure information accuracy and control costs. By paying attention to these details, practitioners can effectively manage consolidation expenses and avoid potential financial burdens.

08/22/2025 Logistics Encyclopedia

Guide to Saudi National Banks SWIFT Code NCBKSAJE615

The SWIFT code for the National Bank of Saudi Arabia is NCBKSAJE615, located in Dammam. This code is essential for international remittances to ensure that funds are accurately delivered to bank accounts. Understanding the structure and use of SWIFT/BIC codes can enhance the security and efficiency of remittances.