US Ports Seek Infrastructure Upgrades to Ease Supply Chain Delays

US Ports Seek Infrastructure Upgrades to Ease Supply Chain Delays

The escalating port congestion in the United States is deeply analyzed by AAPA Chairman Chris Connor, who identifies surging imports, efficiency bottlenecks, and container shortages as key contributing factors. He highlights the potential benefits of the 'America Jobs Act' for port infrastructure and emphasizes the supply chain resilience lessons learned from the pandemic. Facing the upcoming 'peak season,' Connor urges embracing change and collaborative efforts to address the challenges and promote the healthy development of global trade. The situation requires innovative solutions and proactive measures to mitigate further disruptions.

01/28/2026 Logistics Industry Insights
Read More
Guide to Optimizing VGM Fees in Global Shipping

Guide to Optimizing VGM Fees in Global Shipping

This article provides an in-depth analysis of the VGM (Verified Gross Mass) fee in international shipping, covering its composition, calculation methods, timeliness requirements, and common issues. It aims to help foreign trade enterprises understand the importance of VGM, master cost control techniques, avoid unnecessary losses and delays, and improve international shipping efficiency. The article explores the various factors contributing to the VGM fee and offers practical guidance to navigate the complexities of VGM compliance, ultimately assisting businesses in optimizing their container transportation processes and minimizing potential disruptions.

01/26/2026 Logistics Encyclopedia
Read More
Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
Read More
Guide to Streamlining Customs Clearance for Businesses

Guide to Streamlining Customs Clearance for Businesses

This article focuses on common issues encountered during the pre-entry process of consolidated shipments, such as pre-entry interface application, VGM errors, bill of lading number errors, pre-entry of domestic trade containers, and pre-entry of refrigerated containers used as dry containers. It provides detailed solutions and operational guidelines to help you clear customs efficiently and avoid unnecessary troubles. This guide aims to streamline the process and ensure smooth port logistics for consolidated shipments by addressing these specific challenges.

08/23/2025 Logistics Encyclopedia
Read More
Freight Forwarding Explained Key Terms and Practices

Freight Forwarding Explained Key Terms and Practices

This article provides a clear and accessible explanation of freight forwarding concepts such as consolidation, deconsolidation, and merging shipments. It also details the meaning of a bill of lading number with an 'A' suffix and the roles of master and house customs declarations. The aim is to help readers fully understand these freight forwarding terms and improve their freight efficiency. This includes the understanding of 'Consolidation' and 'Deconsolidation' which are key processes in freight forwarding, impacting cost and delivery times.

08/22/2025 Document Interpretation
Read More
US Export Compliance Pricing Procedures and Key Rules

US Export Compliance Pricing Procedures and Key Rules

This article provides a detailed analysis of key aspects of US export, including current price levels, AMS filing for Puerto Rico cargo, door-to-door operation procedures, clarification on chassis split fees, and explanations of important concepts such as AMS, ISF, POA, and BOND number. It aims to offer exporters a practical operational guide, helping them mitigate risks and efficiently complete US exports. The guide covers essential steps and provides insights for smooth and compliant export processes to the United States.

08/22/2025 Logistics Encyclopedia
Read More
Guide to SWIFTBIC Codes for NLB Banka AD Skopje Transfers

Guide to SWIFTBIC Codes for NLB Banka AD Skopje Transfers

This article provides a detailed overview of the SWIFT/BIC code (TUTNMK22XXX) for NLB Banka AD Skopje in North Macedonia and its usage scenarios. It emphasizes the importance of verifying crucial details such as bank information, account number, and recipient's name during cross-border transfers. Furthermore, it offers guidance on the steps to take in case of errors. This aims to assist readers in conducting international money transfers safely and efficiently, ensuring accuracy and minimizing potential complications during the remittance process.

09/03/2025 International Settlement
Read More
BFI Bank Cape Verde Simplifies SWIFT Transfers for Global Clients

BFI Bank Cape Verde Simplifies SWIFT Transfers for Global Clients

This article provides a detailed analysis of BFI Bank (Cape Verde)'s SWIFT code, BFIICVCVXXX, explaining its application scenarios and emphasizing the importance of verifying information before remittance. It also offers essential information for receiving international remittances, branch details (for reference only), frequently asked questions, remittance method selection, and security tips. The aim is to assist users in conducting international remittances safely and efficiently. Confirming details like the correct SWIFT code and account number is crucial to avoid delays or complications.

09/02/2025 International Settlement
Read More
ABI Albanias SWIFT Code Key to International Transfers

ABI Albanias SWIFT Code Key to International Transfers

This article provides a detailed analysis of the SWIFT code EMPOALTRXXX for the Albanian Investment Bank (ABI) and offers a guide to international money transfers to Albania. It emphasizes the importance of accurately providing information such as the SWIFT code and bank account number to avoid transfer delays and additional fees. Ensuring the correct details are provided helps guarantee that funds arrive safely and quickly to the recipient. The guide aims to facilitate secure and efficient international remittances to Albania.

09/01/2025 International Settlement
Read More
Eurobank Cyprus Simplifies SWIFT Codes for International Transfers

Eurobank Cyprus Simplifies SWIFT Codes for International Transfers

This article provides a detailed explanation of Eurobank Cyprus' SWIFT code, ERBKCY2NXXX, used in Cyprus. It clarifies its application scenarios and emphasizes the importance of verifying information before making cross-border transfers. This guidance helps readers avoid transfer errors and ensures funds reach the recipient's account securely and quickly. Furthermore, it provides essential information required when receiving international transfers, enabling a smooth and efficient process. Verifying details like the SWIFT code and account number is crucial for successful international transactions.

09/02/2025 International Settlement
Read More