AFG Bank Introduces New SWIFT Code for Secure Transfers

AFG Bank Introduces New SWIFT Code for Secure Transfers

AFG Bank, formerly known as Gabon International Bank for Commerce and Industry, has introduced a new SWIFT code BICIGALXMDA to enhance the security and efficiency of international remittances. This code ensures accurate routing for customers during cross-border transactions, offering more convenient banking services for both individuals and merchants.

Maxisky 3D Sorter Mini Empowers Xi'an Jingyuan To Achieve Efficient Warehouse Automation Transformation

Maxisky 3D Sorter Mini Empowers Xi'an Jingyuan To Achieve Efficient Warehouse Automation Transformation

Xi'an Jingyuan Supply Chain has achieved warehouse automation by introducing the Mu Xing 3D Sorter Mini, resulting in a 300% increase in picking efficiency and a 65% reduction in labor costs, with a 100% return on investment within the year. This system significantly enhances the working environment and alleviates recruitment pressure, showcasing the potential of intelligent technology in traditional warehousing.

07/23/2025 Warehousing
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Vipshop Debuts AI-Powered Autonomous Delivery Vehicles to Transform Logistics

Vipshop Debuts AI-Powered Autonomous Delivery Vehicles to Transform Logistics

Vipshop has launched an intelligent delivery unmanned vehicle, breaking through traditional delivery methods. It features 20 express storage spaces, autonomous navigation, and obstacle avoidance, aimed at improving last-mile delivery efficiency. Meanwhile, Vipshop continues to innovate within the smart logistics industry chain, further optimizing logistics processes through smart AGV robots and efficient warehousing systems, ultimately providing consumers with a superior shopping experience.

07/28/2025 Logistics
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US Shipping Rates Drop As Supply Outpaces Weak Demand

US Shipping Rates Drop As Supply Outpaces Weak Demand

Freight rates on US routes continue to decline, with the SCFI index falling for three consecutive weeks. The oversupply situation has made companies cautious about shipping, leading to concerns among industry insiders about future rate drops. Despite pressures from the global trade landscape, the market still hopes for a rebound in rates with the arrival of the traditional peak season.

08/04/2025 Logistics
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ICC Bolsters Role in Global Trade Governance

ICC Bolsters Role in Global Trade Governance

The International Chamber of Commerce (ICC) actively engages in global trade governance, advocating for support of the multilateral trading system, particularly for the development of micro, small, and medium enterprises (MSMEs). The ICC urges nations to reduce trade barriers and enhance the competitiveness of MSMEs to achieve sustainable economic development.