Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
Read More
Timorleste Updates Customs Tariff with WCO Backing

Timorleste Updates Customs Tariff with WCO Backing

At the request of Timor-Leste, the World Customs Organization (WCO), through the WCO-Norad project, provided technical assistance to support the country's tariff update from HS 2012 to HS 2017. This initiative aims to enhance Timor-Leste Customs' commodity classification capabilities, integrate into the ASEAN Economic Community, and promote trade facilitation and economic development. The project encompassed tariff assessment, gap analysis, training guidance, and system upgrades, contributing to the modernization of Timor-Leste Customs.

11/03/2025 Customs Knowledge
Read More
Google Merchant Center Fixes CSS Overload for Ads

Google Merchant Center Fixes CSS Overload for Ads

GMC showing CSS overload? This article provides two solutions: proactively request an increase in capacity, or wait for the issue to resolve itself. It helps optimizers quickly respond to Google Ads product limit issues and ensure normal ad delivery. This guide offers practical advice for dealing with CSS limit issues within Google Merchant Center, enabling advertisers to maintain uninterrupted ad campaigns and avoid potential performance disruptions caused by exceeding the allowed limits.

12/30/2025 Customs Knowledge
Read More
WCO Data Model Update Enhances Global Customs Efficiency

WCO Data Model Update Enhances Global Customs Efficiency

The 63rd meeting of the World Customs Organization (WCO) Data Model Project Team was successfully held, focusing on the progress of WCO Data Model V4, data maintenance request processing, and supporting the International Maritime Organization (IMO) new dataset. The meeting utilized the WCO Data Model application for the first time, improving data maintenance efficiency. The launch of WCO Data Model V4 will further enhance the standardization of customs data exchange and promote global trade facilitation.

12/30/2025 Customs Knowledge
Read More
Ports Address Container Location Discrepancies

Ports Address Container Location Discrepancies

This paper addresses discrepancies between APL container equipment lists and actual berthing terminals, proposing an efficient solution. First, verify the actual berthing terminal with the shipping company. Second, understand the reason for the information mismatch and request the shipping company to provide correct, stamped information. Finally, proceed with the inbound procedures flexibly, based on the actual situation. This ensures smooth container processing despite initial documentation errors and minimizes potential delays or complications related to terminal discrepancies.

08/21/2025 Logistics Encyclopedia
Read More
Amazon Sellers Struggle with Storage Ahead of Peak Season

Amazon Sellers Struggle with Storage Ahead of Peak Season

Amazon sellers face the dual challenges of reduced storage capacity and warehouse congestion during the peak season. To navigate this, utilize the "Storage Limit Manager" to request more space. Leverage AWD to solve replenishment issues, implement flexible inventory strategies to reduce pressure, diversify through multiple sales channels to mitigate risk. Optimize listings to improve conversion rates, enhance customer service to improve user experience, and stay informed about policy changes to adjust strategies accordingly. These actions are crucial for success in a competitive environment.

12/30/2025 Logistics Industry Insights
Read More
Colombia Tax Authority Bolsters Leadership with WCO Training

Colombia Tax Authority Bolsters Leadership with WCO Training

The World Customs Organization (WCO) successfully held its first virtual Leadership and Management Development (LMD) program at the request of the Colombian National Tax and Customs Directorate (DIAN). The program, which included modules on crisis management, effectively enhanced the leadership, teamwork, and organizational strategic capabilities of DIAN executives. The Director of DIAN highly praised the program and expressed anticipation for future collaboration. This initiative demonstrates the WCO's commitment to supporting its members in developing strong leadership within their customs administrations.

12/30/2025 Customs Knowledge
Read More
10000 Singapore Dollars Converted to US Dollars

10000 Singapore Dollars Converted to US Dollars

This article presents the latest exchange rate information for 10,000 Singapore Dollars to US Dollars, along with a review of the trends in exchange rate fluctuations and their influencing factors. This helps readers understand how to conduct foreign exchange trading efficiently and seize market opportunities.

08/10/2025 Exchange Rate Query
Read More
Maersk Simplifies Access to Trade Documents for Exporters Importers

Maersk Simplifies Access to Trade Documents for Exporters Importers

This article provides a detailed guide on how to independently obtain export and import documents from the Maersk website, covering both the "Cargo Details" and "Export Overview" methods. It focuses on analyzing access permissions for various documents, such as booking confirmations, bill of lading copies, and original bills of lading, guiding users on how to verify and request permissions. Furthermore, it introduces how to obtain financial documents and emphasizes the advantages of the document management system, aiming to help businesses efficiently manage their trade documentation.

09/28/2025 Logistics Encyclopedia
Read More