Global Trade Risks Eased by Marine Insurance Coverage

Global Trade Risks Eased by Marine Insurance Coverage

Marine insurance is a vital risk management tool in international trade, effectively addressing natural disasters, accidents, and human-caused risks during sea transport. By providing financial compensation, stabilizing operating costs, and enhancing corporate reputation, marine insurance safeguards businesses' global trading activities. It offers economic protection against cargo loss or damage, ensuring business continuity and mitigating potential financial losses from unforeseen events. It is an essential guarantee for the sound development of enterprises involved in international trade.

02/06/2026 Logistics Encyclopedia
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Guide to Costefficient Furniture Shipping to the US

Guide to Costefficient Furniture Shipping to the US

This article delves into the significance of free storage periods when shipping furniture to the United States by sea. It analyzes factors influencing storage duration, such as shipping company policies, port congestion, and cargo dimensions. Furthermore, it provides practical strategies for extending the free storage period and avoiding extra charges, including communication with shipping companies, booking long-term storage, and optimizing local logistics. The aim is to help readers maximize the utilization of free storage and reduce shipping costs.

02/06/2026 Logistics Encyclopedia
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Malaysia to Wuhan Costeffective Shipping Solutions

Malaysia to Wuhan Costeffective Shipping Solutions

This article provides a detailed guide on the best ways to ship express packages from Malaysia to Wuhan, China. It covers key aspects such as transportation options, recommended courier companies, packing and declaration guidelines, shipping cost calculation, customs duties and taxes, and cargo tracking. The aim is to help readers complete cross-border shipping efficiently and conveniently, avoiding unnecessary costs and delays. It offers practical advice for a smooth and successful international delivery experience from Malaysia to Wuhan.

02/06/2026 Logistics
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Uzbekistan Boosts Trade with Faster Customs Clearance Study

Uzbekistan Boosts Trade with Faster Customs Clearance Study

Uzbekistan, with the support of the World Customs Organization and the Swiss State Secretariat for Economic Affairs, hosted a Time Release Study (TRS) technical workshop. The workshop aimed to strengthen capacity building, review action plans, and initiate the development of operational procedures and questionnaires. This initiative seeks to identify bottlenecks in cargo processing, enhance public-private cooperation, and streamline clearance procedures. Ultimately, the goal is to reduce trade time and costs, thereby improving Uzbekistan's international competitiveness.

02/06/2026 Customs Knowledge
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Istanbul Convention Reforms Boost Global Trade Via Ecustoms

Istanbul Convention Reforms Boost Global Trade Via Ecustoms

The amendment to the Istanbul Convention, effective November 3, 2014, focuses on introducing Electronic Data Processing (EDT) to achieve paperless customs clearance and standardizing container identification to improve logistics efficiency. These measures aim to reduce trade costs, increase clearance speed, and enhance cargo security, creating a more favorable environment for global trade. The adoption of EDT streamlines processes, while standardized container IDs improve tracking and management, ultimately contributing to a more efficient and secure international trade system.

02/06/2026 Customs Knowledge
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LA Port Traffic Rebounds After Labor Deal Challenges Persist

LA Port Traffic Rebounds After Labor Deal Challenges Persist

The Port of Los Angeles experienced its first cargo volume increase in 13 months, boosted by a new labor agreement that improved market confidence. However, inventory pressures and global economic headwinds remain challenges. To achieve sustainable recovery, the port needs to enhance efficiency, embrace digital transformation, and proactively address competition from other ports. While the recent increase is a positive sign, continued efforts are crucial to navigate the complex global economic landscape and ensure long-term growth.

01/16/2026 Logistics
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Shipping Industry Grapples With Terminal Handling Charges

Shipping Industry Grapples With Terminal Handling Charges

This article provides an in-depth analysis of the Terminal Handling Charge (THC) in international shipping. It details the core definition, cost components, varying charges across different ports, and factors influencing rate fluctuations. Furthermore, based on Incoterms®, it clarifies the responsibility for THC under different trade terms. The aim is to help cargo owners better understand and control shipping costs, and avoid trade disputes. It offers a comprehensive overview of THC and its implications for international trade.

01/15/2026 Logistics Encyclopedia
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Global Shipping Delays Strategies for Faster Delivery

Global Shipping Delays Strategies for Faster Delivery

International express delivery times are affected by transportation routes, cargo attributes, customs clearance efficiency, and external environment, leading to significant regional variations. Nearshore regions boast the fastest delivery, while the European and American markets are relatively stable. Remote areas experience the slowest transit times. Choosing the right express service requires careful consideration of these factors to ensure prompt delivery of goods. Understanding these influences is crucial for optimizing logistics and meeting customer expectations regarding delivery speed.

01/15/2026 Logistics
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Crossborder Ecommerce Firms Prioritize Resilient Logistics Strategies

Crossborder Ecommerce Firms Prioritize Resilient Logistics Strategies

This paper delves into the combined strategy of "primary channel + backup channel" in cross-border e-commerce logistics. It emphasizes selecting the primary channel based on cargo characteristics and target market, while establishing backup channels to address unforeseen circumstances. Real-time monitoring, clear switching mechanisms, and regular evaluation and optimization are crucial for achieving primary-backup synergy, enhancing the efficiency and effectiveness of cross-border logistics. Digitalization is key to improving the intelligent level of cross-border logistics.

01/19/2026 Logistics
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East Coast Ports Reach Sixyear Labor Deal Ensuring Supply Chain Stability

East Coast Ports Reach Sixyear Labor Deal Ensuring Supply Chain Stability

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have signed a new six-year contract, ensuring labor peace at ports along the U.S. East and Gulf Coasts. The agreement includes historic wage increases, automation protections, and enhanced benefits. This eliminates the risk of strikes, guarantees timely cargo delivery, reduces operational costs, and improves customer satisfaction. The agreement provides stability and growth opportunities for businesses by securing the supply chain and fostering a predictable operating environment.

01/21/2026 Logistics
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