Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Debt Ceiling Deal Eases Supply Chain Strains Amid Economic Uncertainty

Debt Ceiling Deal Eases Supply Chain Strains Amid Economic Uncertainty

The US debt ceiling agreement averted a potential economic crisis, offering a respite for supply chains. However, challenges like inflation, labor shortages, geopolitical risks, and insufficient supply chain resilience persist. Businesses should diversify suppliers, strengthen inventory management, invest in supply chain digitalization, enhance risk management, and focus on sustainability. By improving supply chain resilience and adaptability, companies can thrive in future competition. Addressing these vulnerabilities is crucial for long-term stability and mitigating future economic shocks.

01/20/2026 Logistics Industry Insights
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WCO Belgian Customs Academy Boost African Customs Training

WCO Belgian Customs Academy Boost African Customs Training

WCO, in collaboration with the Belgian Customs Academy, provides training to African customs officials to enhance their capabilities. Recently, officials visited the WCO headquarters to deepen cooperation, focusing on areas such as digital transformation. This partnership aims to strengthen customs administration in Africa and facilitate trade by building a skilled workforce and promoting modern practices. The collaboration underscores the WCO's commitment to supporting Africa's development through effective customs management and capacity building initiatives.

01/05/2026 Customs Knowledge
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WCO Belgian Customs Academy Boost African Customs Training

WCO Belgian Customs Academy Boost African Customs Training

The World Customs Organization (WCO) and the Belgian Customs Academy (BCS) have deepened their collaboration to provide enhanced training for customs officials from French-speaking African countries. The training covers the WCO's latest tools and issues. This initiative aims to improve customs management capabilities in Africa, promote regional trade development, and serve as a model for global customs capacity building. The partnership underscores the commitment to strengthening customs administrations and fostering a more efficient and secure global trade environment.

01/22/2026 Customs Knowledge
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OZON Advertising Avoiding Pitfalls to Boost Profits

OZON Advertising Avoiding Pitfalls to Boost Profits

This article focuses on the common issue of advertising debt faced by OZON sellers. It analyzes the reasons for debt, provides a detailed guide on how to check and settle outstanding balances, and emphasizes the importance of preventing debt accumulation. The aim is to help sellers avoid advertising pitfalls, achieve safe operation and stable profits, and ensure that marketing truly becomes an engine for store growth. By understanding and managing advertising costs effectively, sellers can maximize their return on investment and avoid unnecessary financial burdens.

12/29/2025 Logistics Industry Insights
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WCO Belgian Customs College Enhance Francophone Africa Customs Training

WCO Belgian Customs College Enhance Francophone Africa Customs Training

This paper analyzes a capacity-building program for Francophone African customs officials, a collaboration between the Belgian Customs Academy and the World Customs Organization. The program, employing methods like curriculum supplementation, field visits, and virtual reality training, aims to enhance the professional skills of African customs officials and their ability to navigate complex trade environments. The article highlights the importance of regional cooperation, localized application, technological innovation, and evaluation mechanisms in capacity building. It also provides relevant recommendations for improving future programs.

01/05/2026 Customs Knowledge
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WCO Belgian Customs Academy Expand African Customs Training Partnership

WCO Belgian Customs Academy Expand African Customs Training Partnership

Customs officials from French-speaking African countries visited the WCO headquarters during their training at the Belgian Customs Academy. They participated in presentations on intellectual property, and health & safety projects. The WCO's long-standing collaboration with the Belgian Customs Academy significantly contributes to customs capacity building in Africa through tailored training programs. This partnership supports economic prosperity and social development across the African continent.

01/26/2026 Customs Knowledge
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CMA CGM Sells APL Terminals to Cut Debt Focus on Core Routes

CMA CGM Sells APL Terminals to Cut Debt Focus on Core Routes

CMA CGM's sale of APL Terminals aims to optimize its debt structure, focus on core business, and synergize with the Ocean Alliance to reduce route redundancy. This move will impact the competitive landscape of the shipping market, trigger a battle for terminal assets, and potentially accelerate industry consolidation. While CMA CGM remains a significant port operator, it will continue to adjust its strategy to address market challenges. The sale represents a significant strategic shift for the company, impacting its port operations and financial standing. The long-term effects on the shipping industry remain to be seen.

01/28/2026 Logistics
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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CEVA Logistics Rebounds Postdebt Restructuring Unveils Growth Plan

CEVA Logistics Rebounds Postdebt Restructuring Unveils Growth Plan

CEVA Logistics has completed its debt restructuring, and CEO Marv Schlanger outlined the company's future development strategy. By reducing debt and increasing cash reserves, CEVA Logistics will be more competitive and increase investment in IT technology to provide customers with better supply chain solutions. The company will also launch a new consulting service, TIGER, to help customers optimize their supply chains and achieve business growth. This restructuring positions CEVA for enhanced growth and innovation in the logistics sector.

01/28/2026 Logistics Industry Insights
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