Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
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Pacific Islands Boost Customs Valuation with Expert Program

Pacific Islands Boost Customs Valuation with Expert Program

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "Master Trainer Programme" to develop customs valuation experts in Pacific Island Countries. This initiative aims to establish a regional training system, enhance customs valuation capabilities, facilitate trade, increase revenue collection, and improve international competitiveness. The first working group activity has been successfully held, laying a solid foundation for future actions.

01/05/2026 Customs Knowledge
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WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

WCO Enhances Angolas Customs Valuation to Boost Trade Revenue

The World Customs Organization (WCO) recently assisted Angola Customs in enhancing its customs valuation capabilities. By assessing infrastructure needs, providing recommendations on risk management and post-clearance audit, and conducting customs valuation workshops, the WCO helped Angola Customs improve revenue collection efficiency, promote compliant trade, and strengthen customs valuation oversight of multinational corporations. This assistance demonstrates the importance of international cooperation in improving customs administration.

12/30/2025 Customs Knowledge
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Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

Rwanda Adopts Datadriven Customs to Boost Trade Efficiency

The Rwanda Revenue Authority organized HS training to enhance the commodity classification skills of customs officers and promote trade development. This training aimed to improve the accuracy and efficiency of customs procedures, reducing delays and costs associated with international trade. By strengthening the capacity of customs officials in correctly classifying goods, the initiative contributes to improved revenue collection, enhanced compliance, and ultimately, greater trade facilitation for Rwanda.

01/05/2026 Customs Knowledge
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Guide to Optimizing Supply Chains Through Port Selection

Guide to Optimizing Supply Chains Through Port Selection

This paper introduces the 'Ultimate Guide to Port Assessment,' designed to help readers systematically optimize port selection strategies and improve supply chain efficiency. The guide provides a universal assessment framework, expert insights, key question checklists, and assessment checklists. It covers critical elements of port evaluation, data collection and analysis, communication strategies, risk assessment, and final decision-making methods, assisting companies in choosing the most suitable port.

01/28/2026 Port Encyclopedia
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Hong Kong Expands Crossborder Parcel Forwarding to Shenzhen

Hong Kong Expands Crossborder Parcel Forwarding to Shenzhen

Hong Kong parcel collection and direct shipping to Shenzhen offers a convenient cross-border transportation solution. This service encompasses receiving, packaging, and forwarding, allowing consumers to easily enjoy cross-border shopping. It provides various shipping options and complete tracking to ensure safe and efficient delivery. Customers can rely on this service for a hassle-free experience when importing goods from Hong Kong to Shenzhen.

01/26/2026 Logistics
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WCO Aids Gambia Customs in Enhancing Training Expertise

WCO Aids Gambia Customs in Enhancing Training Expertise

The World Customs Organization's MADAO project is assisting the Gambia Revenue Authority in developing a team of expert trainers. Through a 'Training of Trainers' workshop, the project enhances the capabilities of customs personnel, promoting trade facilitation and efficient tax collection. This initiative lays the foundation for customs capacity building in Gambia. Future evaluations will continuously assess the training's impact and contribute to the modernization of customs administration.

01/26/2026 Customs Knowledge
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Air Freight Fuel Surcharges Breaking Down Cost Factors

Air Freight Fuel Surcharges Breaking Down Cost Factors

This article provides an in-depth analysis of the International Air Freight Fuel Surcharge (FAF), including its collection methods, pricing mechanisms, and adjustment patterns. It focuses on two core calculation methods: based on chargeable weight and percentage of basic freight, revealing its correlation with aviation fuel prices and the inherent time lag. This helps you clearly understand the composition of air freight costs and optimize logistics decisions.

02/03/2026 Logistics Encyclopedia
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Global Trade Payment Methods and Risk Management Explained

Global Trade Payment Methods and Risk Management Explained

This paper delves into six common payment methods in international trade: remittance, collection, letter of credit, cash payment, cash before delivery, and documentary bill. It details their operational procedures, risk characteristics, and applicable scenarios. Furthermore, it explores the key factors influencing payment method selection and risk mitigation strategies. The aim is to assist businesses in making informed payment decisions in international trade, ensuring transaction security.

02/02/2026 International Settlement
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Facebook Ads Guide Highlights Four Key Types for Customer Targeting

Facebook Ads Guide Highlights Four Key Types for Customer Targeting

This article provides an in-depth analysis of four mainstream Facebook ad types: image ads, video ads, carousel ads, and collection ads. It details the characteristics, advantages, and applicable scenarios of each ad type, aiming to help businesses choose the right ad format based on their needs. The goal is to improve the effectiveness of Facebook advertising campaigns, achieve precise customer acquisition, and drive sales growth.

01/04/2026 Logistics Encyclopedia
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