Aegean Airlines Acquires Olympic Air in Strategic Move

Aegean Airlines Acquires Olympic Air in Strategic Move

Olympic Air was formerly the largest airline in Greece, later acquired by Aegean Airlines and became its subsidiary. This acquisition strengthened Aegean Airlines' market position and brought new development opportunities to Olympic Air, marking a new chapter for the established airline. It also provides a reference case for other airlines facing difficulties. The merger allowed Aegean to expand its domestic and international routes, while Olympic Air benefited from Aegean's resources and operational expertise, ensuring its continued presence in the Greek aviation market.

09/26/2025 Airlines
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Beijing Air Freight Exporters Face Common Pitfalls Experts Warn

Beijing Air Freight Exporters Face Common Pitfalls Experts Warn

This article addresses common issues in air freight export booking from Beijing. It details crucial considerations during the booking process, including special cargo declaration, consistency of identified goods, completion of booking authorization, preparation of customs clearance documents, arrival consistency, customs clearance forms for legally inspected goods, and guarantees for general non-dangerous goods. The aim is to help shippers avoid unnecessary costs and delays, ensuring a smooth air freight experience. The guide covers various aspects to facilitate successful and efficient air cargo shipments.

09/26/2025 Logistics
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Exporters Guide to Navigating Letters of Credit

Exporters Guide to Navigating Letters of Credit

This article provides a detailed interpretation of the Letter of Credit (L/C) application process, offering comprehensive guidance for foreign traders, from filling out the application form and noting key points to efficient operation guidelines. It emphasizes crucial aspects such as amount entry, designated bank selection, and shipment terms, helping you avoid common pitfalls, improve transaction efficiency, and ensure the smooth progress of your foreign trade business. The guide aims to streamline the L/C application process for optimal results.

09/26/2025 Document Interpretation
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Global Cargo Industry Adopts Standardized Processes to Cut Risks

Global Cargo Industry Adopts Standardized Processes to Cut Risks

This paper analyzes the three key stages of cargo transportation – dispatch, transit, and receiving – from the perspective of a data analyst, emphasizing the importance of standardized operations and risk control. By optimizing processes such as cargo consolidation, document processing, and information synchronization, the aim is to improve transportation efficiency, reduce potential risks, and ensure the safe and timely delivery of goods. The focus is on streamlining workflows to minimize disruptions and enhance the overall reliability of the cargo transportation process.

09/26/2025 Logistics Encyclopedia
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New Customs Rules in Shenzhen Challenge Brokers

New Customs Rules in Shenzhen Challenge Brokers

New Shenzhen Customs regulations introduce five major changes for customs brokers: standardized naming, unified qualifications, unique registration, decentralized approval, and optimized annual review. Businesses should focus on and adopt strategies including reviewing company names, reassessing qualifications, streamlining existing credentials, monitoring customs policies, and planning for license renewal. During the transition period, some companies are considered licensed but must still monitor subsequent policy changes. These changes require careful attention and proactive adaptation from customs brokers to ensure continued compliance and smooth operations.

09/26/2025 Customs Knowledge
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West Coast Air Freight Logistics Face Challenges at Bowling Green

West Coast Air Freight Logistics Face Challenges at Bowling Green

This article introduces Bowling Green-Warren County Regional Airport (BWG) in Kentucky, a non-customs airport. It highlights the airport code lookup system provided by West Coast Cargo Network, designed to facilitate international air freight operations. This system assists in quickly identifying and verifying airport codes, crucial for efficient and accurate global shipping logistics, particularly for shipments originating from or destined for the West Coast. The article emphasizes the importance of reliable airport code information for streamlined air cargo processes.

09/29/2025 Airport Codes
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Guide to Streamlining Air Freight at Ulyanovsks ULY Airport

Guide to Streamlining Air Freight at Ulyanovsks ULY Airport

This article details the three-letter code (ULY) of Ulyanovsk Airport and its associated value, including airport information and clearance requirements. It also introduces the West Coast Cargo three-letter code query system and a range of air freight services. The aim is to help customers conduct Russian air freight operations more efficiently, providing comprehensive information support and professional services. The article focuses on simplifying the air freight process to and from Ulyanovsk through understanding the airport code and related logistics.

09/29/2025 Airport Codes
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Air Freight Delays Liability and Risk Mitigation Guide

Air Freight Delays Liability and Risk Mitigation Guide

Responsibility for delays in air freight lines is complex and requires detailed analysis. Force majeure, operational errors, customs declaration issues, and capacity shortages each implicate different parties. Businesses should choose reliable logistics partners, consult professional advisors, and clearly define contract terms to mitigate delay risks and ensure smooth cross-border logistics. Identifying the root cause of the delay is crucial for determining liability and implementing preventative measures. This proactive approach minimizes disruptions and protects businesses from financial losses associated with delayed shipments.

11/03/2025 Logistics
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Yiwu Toy Makers Rebound As US Retailers Revive Orders

Yiwu Toy Makers Rebound As US Retailers Revive Orders

Good news for Yiwu toy exporters: Walmart and Target are resuming supplies and absorbing the increased tariff costs. This decision stems from multiple factors, including supply chain stability concerns, the failure to pass on costs, and intense market competition. While uncertainties remain, this development brings a ray of hope to the Yiwu toy industry. The restoration of supply contracts and cost absorption by major retailers like Walmart and Target provides crucial support for Yiwu's toy manufacturers facing international trade challenges.

11/03/2025 Customs Knowledge
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East Coast Port Strike Averted with New Labor Deal

East Coast Port Strike Averted with New Labor Deal

The East Coast port strike has ended as the International Longshoremen's Association and the United States Maritime Alliance reached a tentative wage agreement, resuming port operations. The strike stemmed from automation and wage disputes, with the government facilitating but not interfering. Businesses should monitor the port recovery, adjust logistics plans, and build resilient supply chains. The resolution averts further disruption to the supply chain and offers a temporary reprieve, but long-term solutions addressing automation and labor concerns remain crucial for future stability.

11/03/2025 Logistics
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