Global Airfare Standards to Shift Under Iatas New PTCCM Initiative

Global Airfare Standards to Shift Under Iatas New PTCCM Initiative

The International Air Transport Association (IATA) has released the 8th edition of the Passenger Tariff Coordinating Conference Manual (PTCCM), updating industry standards across five pillars: general definitions, mileage principles, fare construction, currency application, and baggage rules. This new edition revises several resolutions to enhance fare transparency, reduce operational costs, promote international cooperation, and optimize the passenger experience. The updated PTCCM provides clearer and more efficient fare management regulations for the global aviation industry.

01/05/2026 Logistics Encyclopedia
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Ethiopian Air Travel Key Insights on Hiraro Airport Code

Ethiopian Air Travel Key Insights on Hiraro Airport Code

This article reveals that the IATA and ICAO codes for Shire Airport in Ethiopia are both HIL. It also provides a range of practical tips for air travel in Ethiopia, covering aspects such as visas, currency, language, health, and culture. The aim is to help readers plan their trips more smoothly and be better prepared for their travel experience in Ethiopia. These tips offer valuable insights for navigating the country and ensuring a comfortable journey.

01/26/2026 Airport Codes
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Renminbi Gains As Digital Payments Evolve Globally

Renminbi Gains As Digital Payments Evolve Globally

This paper analyzes the global payment status of RMB, Twitter username auctions, and changes in European consumer payment preferences based on SWIFT data, Twitter trends, and ECB consumer payment research. The RMB remains the fifth most active currency globally. Twitter is exploring username auctions to increase revenue. ECB research shows a decline in cash payments and the rise of digital payments. These trends are collectively shaping the future of finance and commerce.

02/11/2026 International Settlement
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Ocean Freight Surcharges How to Avoid Hidden Costs

Ocean Freight Surcharges How to Avoid Hidden Costs

This article provides an in-depth analysis of common surcharges in sea freight, such as THC, ORC, BAF, CAF, and EBS, detailing their meanings, applicable scenarios, and calculation methods. By classifying surcharges based on origin port, fuel currency, peak season specifics, and destination port, it helps readers better understand sea freight quotations and effectively avoid unnecessary expenses. The article aims to demystify these charges and empower informed decision-making in international logistics.

02/03/2026 Logistics Encyclopedia
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Alipay Simplifies Money Transfers from Malaysia to China

Alipay Simplifies Money Transfers from Malaysia to China

This article provides a detailed guide on how to transfer money from Malaysia to China using Alipay. It covers essential steps such as account verification, currency selection, and recipient information input. Key details including transaction fees and estimated arrival times are also discussed. Alipay leverages its robust security technology to offer a reliable and secure platform for cross-border money transfers. The guide aims to help users navigate the process smoothly and efficiently.

02/02/2026 International Settlement
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Guide to Avoiding Customs Errors in Battery Exports

Guide to Avoiding Customs Errors in Battery Exports

This article provides a detailed analysis of common errors in export customs declaration forms, focusing on price currency, cargo weight, quantity units, final destination country, and duty exemption methods. It offers corresponding solutions to help cross-border e-commerce sellers avoid shipping delays and economic losses caused by incorrect declarations, ensuring smooth export of goods. The guide aims to improve accuracy in customs filings and promote trade compliance for businesses engaged in international trade.

02/03/2026 Customs Knowledge
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Global Trade Strategies to Reduce Ocean Freight Costs

Global Trade Strategies to Reduce Ocean Freight Costs

This article delves into the various factors influencing shipping company charges in foreign trade, including routes, cargo characteristics, bunker adjustment factor (BAF), currency adjustment factor (CAF), port surcharges, peak season surcharges (PSS), and transit time. It aims to help foreign trade enterprises accurately calculate transportation costs, negotiate more favorable cooperation terms, and ultimately enhance their competitiveness in global trade. Understanding these elements is crucial for effective cost management and securing optimal shipping agreements.

01/26/2026 Logistics Encyclopedia
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USDCHF Faces Volatility Amid Swiss Franc Fluctuations

USDCHF Faces Volatility Amid Swiss Franc Fluctuations

USDCHF has been trading in a wide range between 0.7871 and 0.8076 since the end of August. This analysis explores key resistance levels (0.8042, 0.8057, 0.8076) and support levels (0.8000) using technical analysis. It proposes trading strategies for navigating this range-bound market, emphasizing the importance of risk management. Investors are also reminded to pay attention to fundamental factors that could influence the currency pair's movement. The sideways action demands a cautious approach.

01/30/2026 Exchange Rate Query
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USD to DKK Hits 64 Amid Market Volatility

USD to DKK Hits 64 Amid Market Volatility

50 USD can be exchanged for approximately 320 Danish Krone, with the current exchange rate at 1 USD to 6.4085 DKK, although the actual exchange rate may vary. The exchange rate has shown little fluctuation over the past 30 days, but factors such as the energy market and policy changes could influence future trends.

08/11/2025 Exchange Rate Query
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