Global Trade Relies on Cargo Insurance Amid Rising Risks

Global Trade Relies on Cargo Insurance Amid Rising Risks

This article provides a comprehensive analysis of cargo insurance under various modes of transportation. It offers detailed guidance for businesses navigating global trade, covering pre-insurance preparation, policy selection, post-loss response, and the preparation of claim documents. Choosing the right cargo insurance is crucial for safeguarding business interests and ensuring stable development. This guide aims to equip businesses with the knowledge needed to effectively mitigate risks associated with international shipping and protect their valuable assets throughout the supply chain.

08/21/2025 Logistics Encyclopedia
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Guide to Banco Santander Totta SWIFT Codes for Global Transfers

Guide to Banco Santander Totta SWIFT Codes for Global Transfers

This article provides a detailed overview of Banco Santander Totta's (Portugal) SWIFT codes, including the primary code TOTAPTPLXXX and branch codes. It highlights the importance of SWIFT codes in international money transfers and offers a checklist for pre- and post-transfer verification. The necessary information required to receive international remittances is also provided, aiming to assist readers in making cross-border transfers safely and efficiently. This guide helps ensure a smooth and secure international money transfer experience with Banco Santander.

09/01/2025 International Settlement
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Kuveyt Trk SWIFT Codes Simplify International Transfers

Kuveyt Trk SWIFT Codes Simplify International Transfers

This article provides a comprehensive guide to using SWIFT codes for Kuveyt Turk bank in Turkey. It covers the application scenarios of the head office code KTEFTRISXXX, the importance of branch codes, pre- and post-remittance precautions, and how to avoid remittance errors. The aim is to help users conduct cross-border remittances safely and efficiently through Kuveyt Turk. It emphasizes understanding the correct SWIFT code usage for different branches and situations to ensure smooth and accurate international money transfers.

09/02/2025 International Settlement
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Freight Forwarders Adopt Best Practices for Container Risk Management

Freight Forwarders Adopt Best Practices for Container Risk Management

This paper delves into the container loading process, operational key points, and risk control within freight forwarding. It covers the definition and types of loading (in-house, production loading, and 'three-self' loading), detailed procedures (pre-loading preparation, loading process, post-loading handling), common problems, and risk control measures. Furthermore, it explores strategies to improve loading efficiency. This serves as a practical guide for foreign trade enterprises and freight forwarding practitioners, providing insights into best practices and risk mitigation in container loading operations.

09/26/2025 Logistics Encyclopedia
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Iskenderun Port Recovery Shapes Global Trade Outlook

Iskenderun Port Recovery Shapes Global Trade Outlook

The Port of Iskenderun is closed due to the disaster, with an uncertain reopening timeline, significantly impacting global trade. Businesses are advised to closely monitor port updates, explore alternative solutions, and strengthen supply chain coordination. The port authorities have pledged to release a recovery timetable as soon as possible. We will continue to monitor the situation and provide information support. The closure is causing significant supply chain disruptions and hindering post-disaster recovery efforts in the affected region. Contingency planning is crucial.

09/28/2025 Logistics
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Strengthening Transport Market Regulation An Interpretation of the New Regulations by the Ministry of Transport on the Coastal Interprovincial Bulk Liquid Dangerous Goods Shipping

Strengthening Transport Market Regulation An Interpretation of the New Regulations by the Ministry of Transport on the Coastal Interprovincial Bulk Liquid Dangerous Goods Shipping

The Ministry of Transport has issued an announcement to strengthen macro-control over the transportation of bulk liquid dangerous goods by vessels across coastal provinces. The new regulations aim to optimize market entry management and introduce new capacity policies, promoting transportation safety and green development while enhancing the market's standardization and efficiency.

07/23/2025 Logistics
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Logistics Industry Faces Uncertainty Amid 36th Annual Report Insights

Logistics Industry Faces Uncertainty Amid 36th Annual Report Insights

The 36th Annual Logistics Report analyzes the challenges and strategies faced by the global logistics market amid economic and geopolitical uncertainties. The report emphasizes the importance of technological adaptation and efficiency improvement, suggesting that companies enhance supply chain resilience through collaboration and information sharing while also anticipating the trend towards green logistics.

08/07/2025 Logistics Industry Insights
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Freight Industry Faces Training Gaps After Customs Mishap

Freight Industry Faces Training Gaps After Customs Mishap

A freight forwarder from Suzhou, Jiangsu, posted on a freight forwarding forum seeking help with a Wusong Customs issue, sparking industry attention. The post, titled with a sentiment of 'not wanting to continue' in the business, highlights the challenges new freight forwarders may face. This incident serves as a reminder for the industry to strengthen training and guidance for newcomers, promoting healthy industry development. It underscores the need for mentorship and readily available resources to support those new to the complexities of freight forwarding operations.

08/21/2025 Customs Knowledge
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Experts Address Key Challenges in Freight Forwarding Industry

Experts Address Key Challenges in Freight Forwarding Industry

This article compiles experiences shared by freight forwarding expert Nickey, covering various aspects such as discrepancies between customs declaration and bill of lading product names, vessel schedule inquiries, customs clearance timeliness, export cargo rectification, container pull-out after port entry, CARGO RECEIPT operations, understanding document fees, AMS fees, post-inspection allocation modification processes, and port area information viewing. It aims to assist freight forwarding practitioners in resolving practical problems and improving work efficiency. This resource provides valuable insights into daily operations and troubleshooting common issues.

08/22/2025 Logistics Encyclopedia
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