Lithuanias Bank Clarifies SWIFTBIC Code Usage

Lithuanias Bank Clarifies SWIFTBIC Code Usage

This article explores the importance of the SWIFT/BIC code LIABLT2XXXX for LIETUVOS BANKAS. It provides a detailed analysis of the code's composition and significance, as well as the potential consequences of using an incorrect SWIFT code. The article guides readers on best practices to ensure the safety and effectiveness of funds during international remittances.

US East Coast Gulf Ports Brace for Possible ILA Strike

US East Coast Gulf Ports Brace for Possible ILA Strike

Ports along the US East Coast and Gulf Coast are actively preparing for a potential strike by the International Longshoremen's Association (ILA). Ports are implementing measures to minimize potential operational disruptions, including extending operating hours, adjusting cargo receiving strategies, and offering fee waivers. Key ports like the Port of New York and New Jersey, the Port of Savannah, and the Port of Houston have announced specific contingency plans to ensure smooth cargo movement. These efforts aim to mitigate the impact of the potential labor action on the supply chain.

11/03/2025 Logistics
Read More