New UN Tool Targets Global Plastic Waste by 2028

New UN Tool Targets Global Plastic Waste by 2028

To more effectively manage the growing global plastic waste pollution problem, the World Customs Organization (WCO) will implement a new version of the Harmonized System (HS) in 2028. This revision introduces more specific subheadings for plastic waste, providing customs authorities and businesses worldwide with more precise tools for regulation and compliance. This enhancement aims to better implement the requirements of the Basel Convention, combat illegal plastic waste trafficking, and ultimately protect the global environment. The refined HS codes will enable improved monitoring and control of plastic waste movement across borders.

01/30/2026 HS Code Query
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US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

Facing opportunities arising from the U.S. Trade Representative (USTR) tariff policy adjustments, how can businesses seize duty drawback benefits? North American customs compliance expert Ben Bidwell reveals the impact of USTR tariff policy changes, the potential for duty drawback amounts, the direction of China-U.S. tariffs, and the long-term effects of tariffs. He advises companies to proactively respond, grasp opportunities, strengthen cooperation with customs brokers and trade experts, enhance compliance levels, and reduce trade risks. This proactive approach is crucial for navigating the evolving trade landscape and maximizing potential benefits.

01/30/2026 Customs Knowledge
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US Importers Optimize Ocean Freight from China

US Importers Optimize Ocean Freight from China

This article delves into the factors affecting the shipping time of US dedicated ocean freight consolidation services, including shipping routes, schedules, port efficiency, customs clearance processes, cargo characteristics, and uncontrollable factors. It offers practical strategies for optimizing shipping time, such as selecting appropriate routes and schedules, preparing customs documents in advance, and optimizing cargo packaging. Furthermore, it addresses frequently asked questions about ocean shipping time to help readers better estimate and control cargo transit times. The aim is to provide insights for improved predictability and management of ocean freight timelines.

01/30/2026 Logistics Encyclopedia
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Crossborder Shipping Costs Rise Costsaving Tips for Sellers

Crossborder Shipping Costs Rise Costsaving Tips for Sellers

The rise of cross-border e-commerce has made full-container shipping a crucial logistics option for many businesses. However, the cost structure of this transportation method is complex, and newcomers may easily fall into high-cost traps. This article provides an in-depth analysis of port-to-port charges for full-container shipping, helping sellers understand the details of the fees and offering strategies to reduce costs, ensuring maximum profitability.

09/16/2025 Logistics Encyclopedia
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South Sudan Central Bank Tightens Rules for International Transfers

South Sudan Central Bank Tightens Rules for International Transfers

The Bank of South Sudan provides the SWIFT/BIC code BSSDSSJBXXX to ensure the security and efficiency of international remittances. It is recommended to confirm the accuracy of the code, account number, and name of the recipient before making a transfer to avoid delays or issues. The Bank of South Sudan typically offers better exchange rates and fees compared to other banks, ensuring efficient and cost-effective fund transfers.

09/12/2025 International Settlement
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Freight Forwarding Strategies to Cut Costs and Errors

Freight Forwarding Strategies to Cut Costs and Errors

This article shares practical experiences in freight forwarding, addressing document discrepancies, container weight restrictions, and cancellation fees. It emphasizes the importance of document consistency and provides solutions. The article advises freight forwarders to confirm weight limits with shipping companies before booking and to pay attention to the accuracy of equipment interchange receipts. Finally, it highlights the importance of negotiating cost responsibility with overseas partners before canceling shipments to avoid unexpected expenses.

08/23/2025 Logistics Encyclopedia
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China Merchants Bank SWIFT Code Eases Global Transfers

China Merchants Bank SWIFT Code Eases Global Transfers

This article provides a detailed explanation of China Merchants Bank's SWIFT code, CMBCCNBS051, covering its structure, purpose, and usage precautions. It guides readers on how to correctly conduct cross-border remittances, avoid common errors, and offers practical advice on finding branch SWIFT codes, required information, fees, and choosing appropriate remittance methods. The guide aims to simplify the process of international transfers using China Merchants Bank and ensure accurate and efficient transactions.

09/04/2025 International Settlement
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Banco Nacional De Bolivia Simplifies SWIFT Codes for Global Transfers

Banco Nacional De Bolivia Simplifies SWIFT Codes for Global Transfers

This article provides a detailed analysis of Banco Nacional de Bolivia (BNB)'s SWIFT codes, including the primary code BNBOBOLXXXX and its branch codes, offering practical advice on selecting the correct code. It also emphasizes the importance of considering factors beyond the SWIFT code in cross-border remittances, such as exchange rates and transaction fees. The aim is to help readers conduct international money transfers safely and efficiently.

09/03/2025 International Settlement
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USD to CHF Exchange Rate Latest Trends Analyzed

USD to CHF Exchange Rate Latest Trends Analyzed

This article provides the latest information on the USD to Swiss Franc exchange rate. As of August 29, 2025, approximately 10 USD equals 8.027 CHF. The analysis covers economic and political factors influencing the exchange rate and reviews historical data. Readers are reminded that the exchange rate is for informational purposes only, and actual conversion rates may vary due to fees. Consulting with a financial professional is recommended.

09/01/2025 Exchange Rate Query
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