Indepth Analysis of Customs Regional Codes in Zhejiang Province

Indepth Analysis of Customs Regional Codes in Zhejiang Province

This article provides an in-depth analysis of the customs regional coding system in Zhejiang Province, exploring the principles underlying China's customs division of domestic regions, particularly in relation to economic development and special economic zones. While Jiangsu and Guangdong lead in the number of detailed areas, Zhejiang features a relatively simpler administrative structure yet displays strong economic strength, with Ningbo and Hangzhou serving as dual economic hubs that enhance regional development and logistical advantages.

07/28/2025 Customs Knowledge
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Antigua and Barbuda Customs Honors Veterans Ahead of ICD 2025

Antigua and Barbuda Customs Honors Veterans Ahead of ICD 2025

On the occasion of International Customs Day 2025, the Customs and Excise Division of Antigua and Barbuda recognized three long-serving veteran officers for their outstanding contributions to national development. Their dedication and professionalism are invaluable assets to the customs service, inspiring all customs personnel to contribute to the nation's customs endeavors. The recognition highlights their exceptional service and commitment to upholding the integrity and efficiency of customs operations in Antigua and Barbuda.

01/22/2026 Customs Knowledge
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UPS Acquires Bomi Group to Boost Healthcare Logistics

UPS Acquires Bomi Group to Boost Healthcare Logistics

UPS has completed its acquisition of Bomi Group, significantly strengthening its healthcare division, particularly in temperature-controlled logistics capabilities. This acquisition expands UPS's footprint in Europe and Latin America and adds 3,000 skilled professionals to its workforce, enabling UPS to better serve the needs of healthcare customers globally. The move underscores UPS's commitment to providing comprehensive and specialized logistics solutions for the healthcare industry, ensuring the safe and efficient delivery of pharmaceuticals and medical supplies.

01/20/2026 Logistics
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Guide to Key International Trade Terms DPA and DPU Explained

Guide to Key International Trade Terms DPA and DPU Explained

This article provides an in-depth analysis of common Incoterms such as DPA and DPU, detailing their meanings, the division of responsibilities between buyers and sellers, and important usage considerations. It also introduces other frequently used Incoterms, aiming to help readers better understand international trade rules, mitigate trade risks, and improve transaction efficiency. The focus is on practical application and understanding the nuances of each term to ensure smooth and compliant international trade operations.

01/30/2026 Customs Knowledge
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WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.

11/03/2025 Customs Knowledge
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GM Advances Supply Chain Sustainability with ESG Initiatives

GM Advances Supply Chain Sustainability with ESG Initiatives

General Motors has announced a new ESG commitment, inviting global suppliers to jointly dedicate themselves to carbon neutrality, social responsibility projects, and sustainable procurement practices. This initiative aims to promote the green transformation and sustainable development of the entire automotive industry chain, while also enhancing the stability and competitiveness of the supply chain. The commitment underscores GM's dedication to environmental and social responsibility, pushing for a more sustainable future in the automotive sector through collaborative efforts with its suppliers.

01/19/2026 Logistics Industry Insights
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Freight Forwarders Guide to Dangerous Goods and FOB Terms

Freight Forwarders Guide to Dangerous Goods and FOB Terms

This article focuses on dangerous goods declaration and FOB terms. It explains the role of the dangerous goods packaging certificate in dangerous goods declaration and the division of cost responsibilities between buyers and sellers under FOB terms. The aim is to help freight forwarders avoid risks and improve work efficiency. It provides practical insights into navigating the complexities of these crucial aspects of international trade, ensuring smoother and safer shipping processes while clarifying financial obligations for all parties involved.

08/21/2025 Logistics Encyclopedia
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Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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Guide to FOB Incoterms Key Trade Terms Explained

Guide to FOB Incoterms Key Trade Terms Explained

This article provides an in-depth analysis of the International Commercial Term FOB (Free On Board), detailing its definition, components, division of responsibilities between buyers and sellers, practical operating procedures, advantages and disadvantages, and risk management measures. By comparing FOB with other trade terms, the aim is to help readers comprehensively understand FOB terms and effectively apply them in international trade practices, avoiding potential risks. The article covers all aspects of FOB from definition to risk control.

12/30/2025 Logistics Encyclopedia
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Austrian Post Reports Q1 Growth Despite Market Challenges

Austrian Post Reports Q1 Growth Despite Market Challenges

Austria Post's financial report for the first quarter indicates a slight revenue increase to €763.6 million, while operating profit fell by 7.6% to €48.4 million. The mail division experienced a 5.1% decline in revenue, whereas the parcel and logistics segment saw a 3.8% rise. Inflation has impacted performance, showing decent results in the Turkish market, but revenue has decreased in Southeast and Eastern European markets.

08/07/2025 Logistics
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