Shippers Face Risks With Dual Consignee Bills of Lading

Shippers Face Risks With Dual Consignee Bills of Lading

This article analyzes the risks associated with dual-named Bills of Lading (B/L). It explains the cautious approach taken by shipping companies and freight forwarders towards such B/Ls. The article advises foreign trade companies to avoid using dual names on B/Ls to minimize potential legal and economic risks. It emphasizes the importance of clearly identifying a single and unique consignee, and the necessity of seeking professional compliance solutions to mitigate the risks associated with ambiguous B/L information and ensure smooth trade operations.

08/22/2025 Document Interpretation
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Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights
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Global Logistics Firms Urged to Strengthen Document Management

Global Logistics Firms Urged to Strengthen Document Management

In international logistics, documents such as customs declarations, bills of lading, and certificates of origin are crucial. If documents are lost, prompt reissuance is necessary. For customs documents like invoices and packing lists, contact the factory for replacements. Losing a bill of lading complicates matters, requiring reissuance from the freight forwarder or shipping company along with a security deposit. If a certificate of origin needs modification, reasons must be provided for reapplication. In case of loss of issued certificates, contact the visa agency within six months for reprocessing. Understanding these remedies helps avoid logistics obstacles.

07/29/2025 Customs Knowledge
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Global Trade Risks Rise Without Original Bills of Lading

Global Trade Risks Rise Without Original Bills of Lading

This article delves into the definition, high-risk regions, preventive measures, and response strategies related to 'Delivery without Original Bill of Lading' in international trade. It aims to help foreign trade enterprises mitigate risks, protect their rights, and avoid the predicament of losing both goods and payment. The importance of selecting appropriate trade terms, carefully choosing freight forwarders, strictly adhering to operational procedures, and purchasing export credit insurance is emphasized. Furthermore, it provides effective methods for dealing with 'Delivery without Original Bill of Lading' incidents after they occur.

08/22/2025 Logistics Encyclopedia
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Analysis of Current Development Status and Future Trends of Global Automated Container Terminals

Analysis of Current Development Status and Future Trends of Global Automated Container Terminals

This article explores the current state of global automated container terminals, comparing international and domestic developments, highlighting their inevitability, and addressing the challenges faced. By analyzing the driving forces of technological advancement and market demand for automated terminals, it outlines potential future trends and strategies to cope with these challenges, aiming to provide references and insights for related industries.

07/24/2025 Logistics
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Vancouver Port Struggles With Congestion Amid Calls for Rail Upgrades

Vancouver Port Struggles With Congestion Amid Calls for Rail Upgrades

The container congestion issue at the Port of Vancouver is severe. Canadian National Railway (CN) demonstrates strong transportation efficiency, while CPKC faces multiple challenges. Meanwhile, the container throughput at Prince Rupert and Halifax steadily increases, highlighting both the potential and areas for improvement in rail transport. Collaborative efforts across the industry are essential to address these challenges.

08/06/2025 Logistics
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The Profound Impact of Urbanization on Logistics and Supply Chains

The Profound Impact of Urbanization on Logistics and Supply Chains

The acceleration of urbanization has driven the transformation of the logistics and supply chain industry. It is crucial for businesses to quickly adapt to the efficient logistics demands brought about by urbanization, the growth of e-commerce, and the challenges of last-mile delivery. This article explores the challenges and opportunities that urbanization presents to the supply chain and emphasizes the importance of efficient warehousing in urban centers.

07/24/2025 Logistics
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