The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
Read More
THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

THC Costs Explained: Analyzing Terminal Handling Charges in Ocean Freight

Terminal Handling Charge (THC) is a significant cost in maritime shipping, usually borne by the exporter. THC fees are categorized based on container type, with separate charges for small and large containers, while LCL is charged by gross weight or volume. Additionally, Document (DOC) fees vary by shipping line and are charged per bill. It is important to pay attention to the various aspects covered by THC fees.

07/14/2025 Logistics Encyclopedia
Read More
Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Significant upgrade for Coupang seller onboarding! The requirement for English translations is removed, greatly lowering the barrier for Chinese sellers. This article details the latest required documents for onboarding, including company business license, legal representative ID, bank account proof, mobile phone bill, and settlement statements from other e-commerce platforms. We also provide screenshot paths for settlement statements from various platforms, helping sellers quickly enter the Korean e-commerce market.

01/06/2026 Logistics
Read More
US Infrastructure Gridlock Strains Logistics Sector

US Infrastructure Gridlock Strains Logistics Sector

The political stalemate surrounding the US Infrastructure Bill creates uncertainty for the logistics industry. While the FAST Act offers some relief, issues like tariffs and trucking remain significant. To navigate these challenges and achieve sustainable development, logistics companies need to strengthen risk management, optimize supply chains, embrace new technologies, and collaborate with stakeholders. Addressing these issues is crucial for the industry's future success in a rapidly evolving landscape.

01/21/2026 Logistics
Read More
Guide to Air Freight Operations at Frances La Bauleescoublac Airport

Guide to Air Freight Operations at Frances La Bauleescoublac Airport

This article provides detailed information about La Baule-Escoublac Airport (LBY) in France, including its airport code, operational characteristics, and customs clearance requirements. It highlights the specifics of being a non-customs airport and recommends using the West Coast Freight Network's three-letter code search system for convenient air freight operations. This guide is useful for understanding the unique aspects of LBY and navigating its specific requirements for efficient cargo handling and customs procedures.

09/29/2025 Airport Codes
Read More
Transforming Trade in the Middle East A Key Path to Adapting to New Customs Regulations

Transforming Trade in the Middle East A Key Path to Adapting to New Customs Regulations

The trade landscape in the Middle East is rapidly changing, with countries reforming customs processes to promote the development of the non-oil economy. Saudi Arabia's total trade reached $286 billion in 2023, highlighting its regional dominance. As nations like Jordan, Iraq, and Kuwait actively expand international trade and seek economic diversification, customs reform is playing a crucial role. Partnering with efficient logistics providers will be key for businesses to navigate the complexities of customs.

03/19/2025 Logistics Industry Insights
Read More
WCO Workshop Advances Digital Customs Reform in West and Central Africa

WCO Workshop Advances Digital Customs Reform in West and Central Africa

The World Customs Organization (WCO) held a data analysis workshop for the West and Central Africa region, aiming to enhance the data analysis capabilities of customs administrations in the region. The workshop introduced the WCO's Big Data Strategy, shared member experiences, and updated participants on the latest developments in WCO capacity building. Participants highly appreciated the event and expressed their commitment to further strengthening cooperation to jointly promote the regional digital transformation of customs.

01/05/2026 Customs Knowledge
Read More
WCO Aids Liberia in Trade Efficiency Study

WCO Aids Liberia in Trade Efficiency Study

The WCO is supporting Liberia Customs in a Time Release Study (TRS) project aimed at improving efficiency and facilitating trade. The project focuses on analyzing and streamlining cargo release processes to reduce delays and enhance overall customs operations. Capacity building initiatives are also included to ensure the sustainability of improvements. The project is expected to be completed by the end of the year, contributing to a more efficient and effective customs environment in Liberia.

12/30/2025 Customs Knowledge
Read More
Latin America Adopts Revised Kyoto Convention to Streamline Trade

Latin America Adopts Revised Kyoto Convention to Streamline Trade

The World Customs Organization (WCO) is promoting the Revised Kyoto Convention (RKC) in Brazil, encouraging Latin American countries to join. The WCO emphasizes the RKC's importance for trade facilitation and supply chain security. Joining the RKC can streamline customs procedures, reduce trade costs, and enhance the predictability of international trade. This initiative aims to improve the efficiency and security of trade flows within the region and globally by adopting international standards for customs procedures.

12/30/2025 Customs Knowledge
Read More
WCO Boosts Supply Chain Resilience in Americas Caribbean

WCO Boosts Supply Chain Resilience in Americas Caribbean

The World Customs Organization (WCO) Americas and Caribbean region celebrated International Customs Day, emphasizing the theme of "Recovery, Renewal, Resilience." The focus was on technology empowerment, international cooperation, green development, and a people-centered approach. The aim is to reshape sustainable global supply chains, contributing to global trade security and economic prosperity. The celebration highlighted the importance of customs administrations in building resilient and adaptable systems to face future challenges and support global recovery efforts.

01/26/2026 Customs Knowledge
Read More