WCO Enhances Global Trade Security Through Risk Management

WCO Enhances Global Trade Security Through Risk Management

The World Customs Organization (WCO) held a pre-accreditation workshop for risk management experts, aiming to enhance the risk management capabilities of customs officials in the Americas and the Caribbean, and expand the WCO's pool of experts. Through rigorous assessment and field visits, selected experts will join the WCO to provide technical assistance to customs administrations worldwide, contributing to global trade security. This initiative strengthens international cooperation and promotes standardized risk management practices within customs organizations globally.

Globalegrow Founder Xu Jiadong Investigated for Embezzlement

Globalegrow Founder Xu Jiadong Investigated for Embezzlement

The founder of Globalegrow, once a cross-border e-commerce giant, Xu Jiadong, has been investigated for suspected embezzlement, shocking the industry. Cross-border Tong's announcement confirmed the news and stated that it would recover the losses. Globalegrow was once an industry leader but declined due to poor management, eventually leading to bankruptcy and liquidation. This event triggers deep reflection on the development model of cross-border e-commerce companies, warning companies to pay attention to compliant operation and risk control.

Dongguan Factory Shutdowns Threaten Global Supply Chains

Dongguan Factory Shutdowns Threaten Global Supply Chains

The wave of electronic factory closures in Dongguan serves as a warning, driven by shrinking cross-border e-commerce orders and broken capital chains. Businesses need to diversify their supply chains, strengthen risk control, and optimize their products to actively respond and survive. The closures highlight the vulnerability of manufacturers heavily reliant on international e-commerce and the importance of robust financial planning and adaptable strategies in a rapidly changing global market. Focusing on resilience and innovation is crucial for long-term sustainability.

Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingo officially announced its liquidation, marking the fall of a once $1 billion e-commerce unicorn. This event serves as a warning to cross-border e-commerce companies that reckless expansion, financial irregularities, and chaotic internal management can lead to failure. Companies should focus on refined operations, compliance first, steady expansion, risk control, and talent development to survive and succeed in the fiercely competitive market. Ignoring these aspects can result in significant financial and operational challenges, ultimately leading to business collapse.

Amazon Expands in Belgium As Eurozone Economy Slows

Amazon Expands in Belgium As Eurozone Economy Slows

This article focuses on the latest developments in cross-border e-commerce, including Amazon's small parcel delivery program in Belgium, Shopee's updated return and refund policy, and TikTok's new executive appointment. It also highlights macroeconomic trends, warning of the risk of economic contraction in the Eurozone, and provides information on the China International Import Expo and cross-border e-commerce exhibitions. Finally, it offers health tips, reminding cross-border e-commerce sellers to pay attention to their drinking water health.

01/05/2026 Logistics
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Douyin Shop Sellers Adapt to New Dropshipping Regulations

Douyin Shop Sellers Adapt to New Dropshipping Regulations

TikTok Shop is tightening its control over dropshipping operations, requiring merchants to pay attention to risks related to shipping channels, electronic waybill usage, and user complaints. Strategies include choosing authorized sourcing platforms, using TikTok e-commerce electronic waybills, optimizing product information, and connecting with supply chains. Furthermore, data analysis can be used for refined operations, monitoring store data, analyzing user feedback, optimizing product selection strategies, and establishing a risk warning mechanism to achieve compliant operations. This ensures sustainable and legitimate business practices within the TikTok Shop ecosystem.

12/30/2025 Logistics
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Canada Faces Rail Strike Threat Trucking Industry May Mitigate Impact

Canada Faces Rail Strike Threat Trucking Industry May Mitigate Impact

Canadian railways are facing a potential shutdown, with the Canadian Trucking Alliance president stating that trucking capacity cannot compensate for the rail transport shortfall. A railway shutdown would severely impact the Canadian supply chain, disrupting cargo transport, causing shortages at distribution centers, and leading to consumer goods shortages. This event highlights the fragility of the supply chain and serves as a warning for businesses to strengthen risk management and build diversified transportation channels. The potential strike underscores the need for resilient supply chain strategies.

Bankruptcy of Hanjin Shipping Spurs Supply Chain Resilience Debate

Bankruptcy of Hanjin Shipping Spurs Supply Chain Resilience Debate

The Hanjin Shipping bankruptcy serves as a warning for shippers to prioritize risk management. Immediate actions include ceasing business with bankrupt companies, strengthening cargo protection, and confirming insurance coverage. To enhance supply chain resilience, strategies such as diversifying carrier choices, establishing contingency plans, and optimizing supply chain networks are crucial. These measures help mitigate disruptions caused by shipping company bankruptcies and other unforeseen events, ultimately safeguarding global trade stability. This proactive approach ensures businesses are better prepared to navigate potential crises and maintain operational continuity.

US Cargo Theft Surge Hits Businesses With 200K Coin Heist

US Cargo Theft Surge Hits Businesses With 200K Coin Heist

Cargo theft is a growing problem in the United States, with the $200,000 coin heist just the tip of the iceberg. This article analyzes this case to reveal the complex fraud tactics prevalent in the US freight industry. It proposes self-protection measures for businesses, including strengthening identity verification, conducting on-site inspections, shortening payment terms, purchasing cargo insurance, enhancing logistics monitoring, establishing risk early warning mechanisms, strengthening employee training, and seeking professional assistance. These strategies aim to mitigate the increasing threat of cargo theft and safeguard company assets.

Understanding Backdated Bills of Lading and Risk Management Strategies

Understanding Backdated Bills of Lading and Risk Management Strategies

A backdated bill of lading refers to a document issued by the carrier, stating a date earlier than the actual shipment date, upon the shipper's request after the goods are loaded. This practice is often used to meet letter of credit requirements but carries risks, such as banks rejecting documents due to excessive backdating. Understanding the risk management associated with backdated bills of lading is essential for successfully completing transactions.