16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

The 16th China International Logistics Festival will take place from April 8 to 10, 2024, in Xi'an, focusing on logistics development under the New Silk Road. This major event will gather experts and leaders from various sectors, featuring forums and exhibitions to explore international logistics cooperation and regional economic opportunities, promote trade exchanges, and support Xi'an in becoming a global logistics hub.

04/05/2024 Logistics
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Tianjin Port and China National Foreign Trade Transportation Corporation Join Forces to Create a New Future for Inland Logistics

Tianjin Port and China National Foreign Trade Transportation Corporation Join Forces to Create a New Future for Inland Logistics

Tianjin Port has partnered with China National Foreign Trade Transportation Group to enhance inland logistics network construction. The collaboration focuses on optimizing transportation structures through a dry port system, promoting sea-rail intermodal transport and scheduled road services. Leveraging the geographical advantages of the Tianjin port, they aim to improve logistics efficiency.

07/18/2025 Logistics
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Bank of Communications SWIFTBIC Code Explained

Bank of Communications SWIFTBIC Code Explained

This article introduces the SWIFT/BIC code COMMCNSHBBU of Bank of Communications, Co. Ltd. in China, explaining its composition and application. It emphasizes the importance of this code in international remittances and recommends using accurate bank information in transactions to ensure the safety of funds.

Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

Yangshan Port Faces Cost Challenges Under FOB Terms

Yangshan Port Faces Cost Challenges Under FOB Terms

This paper delves into the causes of Yangshan container pickup issues under FOB terms, highlighting cost control, supplier factors, and freight rates as key influencers. It proposes solutions such as optimizing resource allocation, negotiating with shipping companies, and seeking professional assistance. The aim is to help businesses reduce or avoid extra costs and safeguard their interests. The analysis emphasizes the importance of proactive measures in managing FOB-related risks and ensuring efficient supply chain operations. Effective strategies can lead to significant cost savings and improved profitability for businesses involved in international trade.

Freight Forwarders Guide to Handling Equipment Receipt Expirations

Freight Forwarders Guide to Handling Equipment Receipt Expirations

This article is designed for novice freight forwarders, providing a detailed explanation of the concept and calculation methods of the Equipment Interchange Receipt (Release Order) validity period. It offers practical advice to help freight forwarders avoid errors caused by expired release orders and improve work efficiency. The guide covers key aspects of managing release orders effectively, ensuring smooth equipment handover and preventing potential delays or complications in the shipping process. It aims to empower new freight forwarders with the knowledge and skills necessary to handle release orders with confidence and competence.