Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Hazardous Goods Classification Vital for Global Freight Safety

Hazardous Goods Classification Vital for Global Freight Safety

The report on the classification and identification of dangerous goods plays a crucial role in international cargo transportation. Its main functions include providing information on the handling of hazardous materials and determining whether goods inspections are required for customs clearance. Proper handling of this report necessitates the provision of samples and safety data sheets, with fees typically around 1500 yuan, depending on the responsible agency. This report is valid for one year and helps ensure smooth transportation and customs processes.

07/29/2025 Customs Knowledge
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Bonded Zones Boost Costeffectiveness Mitigate Risks

Bonded Zones Boost Costeffectiveness Mitigate Risks

This paper compares two solutions for handling returned goods: entering a bonded zone versus returning to the factory. Through data analysis, it reveals the advantages of using a bonded zone in terms of cost, efficiency, risk, operational convenience, and customs inspection. The analysis highlights that selecting a bonded zone is a wise choice for enterprises to manage return risks and optimize their supply chain. It emphasizes the benefits of the bonded zone approach for streamlined and efficient handling of returned merchandise.

09/26/2025 Warehousing
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Ethiopia Simplifies Customs Clearance for Exporters

Ethiopia Simplifies Customs Clearance for Exporters

This article provides an in-depth analysis of the export customs clearance process and common issues in Ethiopia. It covers document preparation, handling special situations (such as transshipment via Hong Kong, Macau, and Taiwan, and buying export permits), special cargo handling (identification, dangerous goods packaging), bill of lading processing, and dealing with container roll-overs. The aim is to provide practical guidance for foreign trade practitioners, helping to ensure smooth customs clearance for goods. It serves as a practical guide for navigating the complexities of exporting to Ethiopia.

08/22/2025 Logistics Encyclopedia
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