Crossborder Tong Executives Fined for 150M Accounting Fraud

Crossborder Tong Executives Fined for 150M Accounting Fraud

The Shenzhen Stock Exchange publicly condemned Global Top E-Commerce (Cross-border Tong) for financial fraud. Its subsidiary, Globalegrow, overstated profits by 1.5 billion RMB, resulting in penalties for multiple executives. The company's performance has declined, highlighting compliance management as a lifeline for the industry. This incident underscores the accelerating shake-up in the cross-border e-commerce sector, where those who adhere to regulations will ultimately prevail. Compliance is now paramount for survival and success in this evolving market.

12/30/2025 Logistics Industry Insights
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Global Shipping Wood Packaging Fumigation Rules Explained

Global Shipping Wood Packaging Fumigation Rules Explained

This article provides an in-depth analysis of compliance requirements for wood packaging fumigation in international maritime shipping. It focuses on explaining the fumigation operation process, the application of the IPPC mark, the retention of fumigation certificates, and specific regulations for different countries/regions. The aim is to help exporters avoid customs clearance risks caused by wood packaging issues and ensure smooth customs clearance of goods. It covers essential aspects of fumigation standards and procedures to facilitate international trade compliance.

01/15/2026 Logistics Encyclopedia
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Amazon Sellers Face Major 2025 Marketplace Changes

Amazon Sellers Face Major 2025 Marketplace Changes

Amazon sellers are facing a compliance storm, making extensive operations unsustainable. Refined operations and data-driven decision-making are crucial for survival. E-Cang ERP helps sellers gain insights into advertising performance, optimize listings, control profits and inventory, enhance competitiveness, and meet new Amazon challenges. It provides comprehensive data analysis tools for informed decision-making, ensuring compliance and efficient resource management. This empowers sellers to navigate the evolving Amazon landscape and achieve sustainable growth by leveraging data and adhering to regulations.

12/30/2025 Logistics Industry Insights
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Japan Customs Reverse Calculation Guide Aids Crossborder Ecommerce

Japan Customs Reverse Calculation Guide Aids Crossborder Ecommerce

This article delves into the 'reverse calculation' tariff policy of Japanese customs for cross-border e-commerce. It clarifies the distinction between tariffs and consumption tax, details three methods for determining the dutiable value, and focuses on interpreting the 'reverse calculation method'. It provides clear calculation methods and compliance recommendations to help sellers navigate Japanese tax challenges. The article aims to equip e-commerce businesses with the knowledge needed to understand and comply with Japan's unique customs regulations.

01/07/2026 Customs Knowledge
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Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

This article provides a detailed interpretation of the requirements for sea freight export of 3 types of dangerous goods inks, focusing on the different operating procedures at Shanghai Yangshan Port and Waigaoqiao Port. It emphasizes the importance of flash point and key aspects such as direct loading alongside the vessel and dangerous goods warehouse transfer. The aim is to help foreign trade enterprises avoid risks and achieve efficient customs clearance. This guide offers practical advice for navigating the complexities of ink export, ensuring compliance and smooth operations.

05/28/2024 Logistics Encyclopedia
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US and UK Ports Adapt to Container Weighing Regulations

US and UK Ports Adapt to Container Weighing Regulations

The mandatory container weighing regulation aims to enhance shipping safety but poses challenges for ports. UK ports proactively offer weighing services, turning challenges into opportunities. US ports prioritize efficiency, favoring optimization through information systems. Balancing safety and efficiency is crucial. International port cooperation is essential to facilitate the implementation of the new regulation and improve global trade efficiency. Different approaches are being taken to comply with the new rules, reflecting varying priorities and operational strategies.

09/26/2025 Logistics
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Legal Regulations Analysis of Logistics Zones and Bonded Zones

Legal Regulations Analysis of Logistics Zones and Bonded Zones

This article analyzes the definitions and functions of bonded zones and international logistics zones. A bonded zone is a special economic area approved by the government, enjoying tax and certificate exemptions, supporting functions such as export processing and re-export trade. The international logistics zone primarily focuses on commodity distribution and, integrating warehousing and multimodal transport functions.

07/17/2025 Logistics Encyclopedia
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Freight Industry Updates Key Terms Amid New Safety Regulations

Freight Industry Updates Key Terms Amid New Safety Regulations

This article explains common terms in freight forwarding logistics, such as 'single release,' 'single drag,' 'double drag,' and 'shared container,' along with the reasons behind new regulations. The new policy encourages the use of 'single release' for small containers exceeding 10 tons to address strict overload supervision and ensure transport safety. Understanding these terms facilitates better communication and operations within freight forwarding logistics.

07/28/2025 Logistics Encyclopedia
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