Hanjin Bankruptcy Reshapes Global Shipping Industry

Hanjin Bankruptcy Reshapes Global Shipping Industry

Korean Line's acquisition of some Hanjin Shipping assets aims to alleviate its massive debt crisis, but retailers' claims further exacerbate the risks. Hanjin's bankruptcy exposed structural problems in the shipping industry and serves as a warning for businesses to prioritize risk management and supply chain security. The industry faces a reshuffle and value chain reconstruction, with future competition becoming more intense. This event highlights the importance of financial stability and robust risk assessment in the global shipping sector.

01/19/2026 Logistics Industry Insights
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Toscana Airport Emerges As Luccas Hidden Travel Hub

Toscana Airport Emerges As Luccas Hidden Travel Hub

Lucca-Tassignano Airport is a small airport located in Tuscany, Italy, providing convenient airline services. The airport features a simple facility with a 2,986-foot runway and does not offer weather reports. Travelers can access service information through the website and phone, helping them explore the beautiful Lucca and its surrounding areas.

08/08/2025 Airport Codes
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Lopez Island Airport Key to San Juan County Travel and Economy

Lopez Island Airport Key to San Juan County Travel and Economy

Lopez Island Airport (IATA code: LPS) is located on Lopez Island in Washington state, providing convenient airline services to the region. Covering 50 acres, it features an 885-meter runway that accommodates both commercial and general aviation flights to destinations such as Anacortes and Bellingham, making it an ideal choice for travelers.

07/29/2025 Airport Codes
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Integrated Border Management Enhances Efficiency and Security

Integrated Border Management Enhances Efficiency and Security

Integrated Border Management (IBM) is an approach that enhances border control efficiency and security through the coordination of national and international agencies. It emphasizes policy coordination, resource optimization, and risk management, aiming to facilitate trade while ensuring border security. The implementation of IBM requires political will and private sector involvement to address the increasingly complex border management challenges in a globalized world. It seeks to create a seamless and secure flow of goods, people, and information across borders.

12/30/2025 Customs Knowledge
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Revolut UK Simplifies Secure SWIFT Transfers for Users

Revolut UK Simplifies Secure SWIFT Transfers for Users

This article, from a data analyst's perspective, delves into the SWIFT code usage rules of Revolut in the UK, emphasizing the importance of accuracy for cross-border payments. Through case studies, recommended measures, and risk management, it aims to help users avoid transfer errors and ensure funds arrive safely and efficiently. It also explores the future evolution trends of SWIFT codes, providing insights into potential changes and their impact on international transactions. The focus is on practical guidance and proactive risk mitigation.

09/03/2025 International Settlement
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Crossborder Ecommerce Grapples With Bill of Lading Risks

Crossborder Ecommerce Grapples With Bill of Lading Risks

Cross-border e-commerce sellers face significant risks associated with delivery without original bills of lading. This paper provides a comprehensive prevention strategy from six aspects: contract signing, payment method selection, carrier selection, cargo tracking management, proper document storage, and risk awareness enhancement. It aims to help sellers build a robust risk prevention system and ensure the security of cross-border trade funds. By implementing these strategies, sellers can mitigate potential losses and protect their financial interests in international transactions.

11/03/2025 Logistics Encyclopedia
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10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

This article delves into the importance of cargo insurance and provides ten strategies to help businesses build a stronger cargo risk management system. These include understanding insurance mechanisms, establishing tracking systems, optimizing packaging, selecting reliable carriers, strengthening risk assessments, developing contingency plans, familiarizing oneself with claims procedures, staying informed about industry trends, considering trade credit insurance, and paying attention to 'General Average' risks. By implementing these strategies, companies can mitigate potential losses and ensure the security of their supply chains.

11/03/2025 Logistics Encyclopedia
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Bahrain Boosts Customs Audits with WCO Backing

Bahrain Boosts Customs Audits with WCO Backing

The World Customs Organization (WCO) held a Post Clearance Audit workshop in Bahrain to enhance Bahrain Customs' revenue collection capabilities. The workshop focused on international standards, risk management, and audit preparation, emphasizing the importance of risk assessment and data analysis in auditing. Through case studies and practical exercises, it helped Bahrain Customs officials master audit techniques, laying the foundation for building an efficient tax system. The training aimed to improve compliance and reduce revenue leakage through effective post-clearance control mechanisms.

01/05/2026 Customs Knowledge
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Amazon Sellers Grapple With Review Crackdown Rising Shipping Costs

Amazon Sellers Grapple With Review Crackdown Rising Shipping Costs

Amazon sellers face dual challenges: compliance and rising sea freight costs. The platform is strictly investigating offline postcard review requests, and gift card rebates are becoming a key risk control area. The Red Sea crisis has led to soaring sea freight prices and delayed shipping schedules. Sellers are advised to adhere to compliance regulations, strengthen risk management, optimize their supply chains, enhance product competitiveness, and consider diversifying their business operations. This will help them navigate the current challenges and maintain profitability.

01/04/2026 Logistics Industry Insights
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