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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China Clarifies Railway Freight Damage Compensation Rules

China Clarifies Railway Freight Damage Compensation Rules

This article provides a detailed interpretation of the compensation mechanisms for cargo damage and discrepancies in railway freight. It clarifies the boundaries of responsibility for railway transportation companies, compares compensation methods for insured and uninsured transportation, and introduces the compensation process for insured goods. The aim is to help consignors and consignees better understand their rights and protect their legitimate interests in the event of loss or damage during railway freight transport. This includes understanding the procedures and requirements for filing a claim and receiving appropriate compensation.

09/26/2025 Logistics Encyclopedia
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Global Freight Guide Avoiding Common Shipping Pitfalls

Global Freight Guide Avoiding Common Shipping Pitfalls

This article addresses common and difficult issues in international freight forwarding, such as Ghana CTN number application, MSK demurrage disputes, Luojing Port entry, sea freight detention charges, express delivery loss, shipowner's fund pressure, garment container modification, container damage liability division, equipment handover form, bill of lading telex release, reefer container inspection, bill of lading modification and rejection. It provides solutions to help freight forwarders avoid risks and improve efficiency. The aim is to offer practical guidance and insights for navigating complex situations within the industry.

08/21/2025 Logistics Encyclopedia
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Guide to Druk PNB Banks SWIFT Code for Global Transfers

Guide to Druk PNB Banks SWIFT Code for Global Transfers

This article introduces the SWIFT code PUNBBTBTXXX of Druk PNB Bank in Bhutan. It explains the function and structure of SWIFT codes, emphasizing the importance of verifying the code before making international money transfers. The article also clarifies how to use the primary code and obtain branch-specific codes. Correct SWIFT code usage ensures smooth and accurate international transactions. Verifying the SWIFT code prevents delays and potential loss of funds during the remittance process. Understanding the code's components is crucial for efficient international banking.

09/03/2025 International Settlement
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China Banks SWIFT Codes Key to Secure Global Transfers

China Banks SWIFT Codes Key to Secure Global Transfers

This article provides a detailed explanation of the Bank of China's SWIFT code (using BKCHCNBJ23A as an example), emphasizing the importance of using the correct SWIFT code for international transfers. It outlines the structure and function of the code and offers guidance on how to find the specific SWIFT code for different Bank of China branches. The aim is to help readers conduct cross-border remittances safely and efficiently, avoiding potential delays or loss of funds. Accurate SWIFT code usage is crucial for successful international transactions.

09/03/2025 International Settlement
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Guide to SWIFTBIC Codes for Indonesian Transfers

Guide to SWIFTBIC Codes for Indonesian Transfers

This article provides a detailed guide on finding and verifying SWIFT/BIC codes when making cross-border transfers to Indonesia. It emphasizes avoiding delays, rejections, or even loss of funds due to incorrect codes. Various methods for finding the correct SWIFT code are presented, including online lookup tools and direct contact with the bank. The importance of verifying the code's accuracy is highlighted, along with other essential considerations for international money transfers. The aim is to help readers complete Indonesian cross-border transfers safely and smoothly.

09/01/2025 International Settlement
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Global Logistics Firms Urged to Strengthen Document Management

Global Logistics Firms Urged to Strengthen Document Management

In international logistics, documents such as customs declarations, bills of lading, and certificates of origin are crucial. If documents are lost, prompt reissuance is necessary. For customs documents like invoices and packing lists, contact the factory for replacements. Losing a bill of lading complicates matters, requiring reissuance from the freight forwarder or shipping company along with a security deposit. If a certificate of origin needs modification, reasons must be provided for reapplication. In case of loss of issued certificates, contact the visa agency within six months for reprocessing. Understanding these remedies helps avoid logistics obstacles.

07/29/2025 Customs Knowledge
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Chartered Air Freight The Ideal Choice for Bulk Cargo Transportation

Chartered Air Freight The Ideal Choice for Bulk Cargo Transportation

Charter transport involves renting an entire aircraft or part of its capacity to a single or multiple charterers for the efficient transport of bulk goods. This article discusses the definitions of full and partial charters, costs, advantages, and their applications in modern logistics, helping readers choose a more suitable transportation solution to enhance logistics efficiency.

07/23/2025 Logistics
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Air Charter Services Ease Global Cargo Capacity Strain

Air Charter Services Ease Global Cargo Capacity Strain

International air charter services provide flexible, efficient, and secure solutions for issues such as insufficient scheduled flight capacity and complex transfers. By chartering entire aircraft or partial loads, we cater to the transportation needs of large quantities and special cargo, helping businesses seize opportunities and enhance competitiveness in international trade. This service is ideal when speed and direct delivery are paramount, offering a tailored approach to air freight logistics.

08/21/2025 Logistics Encyclopedia
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