Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
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Ondemand Air Charters Transform Timecritical Logistics

Ondemand Air Charters Transform Timecritical Logistics

This article delves into the "custom flight" air freight services offered by companies like AirNet, highlighting their advantages in speed, risk control, and personalized service. By dispelling the perception of being exclusively "high-end" and presenting real-world examples, it reveals the cost-effectiveness of "custom flights" in specific scenarios. The analysis extends to AirNet's operational model, competitive advantages, and limitations. Finally, it forecasts future development directions, emphasizing the importance of technological innovation and market expansion.

01/21/2026 Logistics Industry Insights
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FCL Shipping Boosts Business Efficiency and Security in Logistics

FCL Shipping Boosts Business Efficiency and Security in Logistics

Full Container Load (FCL) is crucial for businesses seeking efficient and secure logistics control. This article delves into the workings of FCL, highlighting its four key advantages: efficiency, simplification, security, and guarantee. We provide detailed management recommendations to help businesses optimize their logistics solutions, reduce costs, and enhance competitiveness. By understanding and implementing best practices in FCL management, companies can streamline their supply chains and improve overall operational effectiveness, ensuring timely and safe delivery of goods.

01/23/2026 Logistics Encyclopedia
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Guide to Protecting Shipments Amid Lost Bills of Lading

Guide to Protecting Shipments Amid Lost Bills of Lading

Loss of ocean bill of lading is a common issue in foreign trade. This article provides a practical SOP, including steps like stopping payment, publishing a loss notice, delivering goods under guarantee, and applying for a replacement bill of lading. It aims to help foreign trade practitioners effectively manage the risk of losing a bill of lading, minimize losses, and emphasizes the importance of preventive measures, such as strengthening document management and adopting electronic bills of lading.

02/05/2026 Document Interpretation
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China Eastern Airlines Adds Shanghaicopenhagen Direct Flight

China Eastern Airlines Adds Shanghaicopenhagen Direct Flight

Starting from July 17, China Eastern Airlines will launch flights from Shanghai to Copenhagen, operating three times a week using Airbus A330-200 aircraft. The introduction of this new route will provide convenient travel options for passengers while further promoting air connectivity between China and Europe.

04/28/2025 Airlines
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Libyas Gardabya Airport Expands Operational Capabilities

Libyas Gardabya Airport Expands Operational Capabilities

Ghadames Airport (SRX), located in Sirte, Libya, is a medium-sized airport featuring two runways and well-developed facilities. Currently, its routes mainly connect Tripoli and Tunisia, but it has significant future development potential that could boost regional economies and revive the tourism industry.

08/04/2025 Airport Codes
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