Study Aims to Reduce Border Delays Between South Africa and Eswatini

Study Aims to Reduce Border Delays Between South Africa and Eswatini

South Africa and Eswatini launched a Time Release Study (TRS) at the Oshoek-Ngwenya border, aiming to improve cross-border trade efficiency by identifying and addressing bottlenecks in goods clearance through data analysis. Supported by the WCO, the study is expected to release a report in April 2024, providing recommendations for improvement. The TRS seeks to promote trade development and optimize border management between the two countries. The results will inform strategies to streamline processes and reduce delays, ultimately boosting economic activity.

02/12/2026 Customs Knowledge
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Tiktok Shop Revises Return Policy for Southeast Asia Sellers

Tiktok Shop Revises Return Policy for Southeast Asia Sellers

TikTok Shop's cross-border return policy in Southeast Asia will be upgraded in March 2026, eliminating the “return without warehouse” option. Merchants will need to choose between self-built warehouses, third-party warehouses, or platform-unified warehouses. The platform recommends enabling the “refund only, no return” function for low-priced goods to improve buyer experience and reduce merchant losses. This aims to streamline the return process and provide more options for both buyers and sellers within the TikTok Shop ecosystem.

02/12/2026 Logistics
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US Freight Index Points to Sustained Economic Recovery

US Freight Index Points to Sustained Economic Recovery

Data from the U.S. Department of Transportation shows the Freight Transportation Services Index has increased for five consecutive months, indicating a gradual recovery of the U.S. economy. The report analyzes the index's key data, driving factors, potential risks, and challenges. It also provides strategic recommendations for freight companies, aiming to help them seize opportunities and achieve sustainable development. This upward trend in the freight index suggests increased economic activity and demand for goods, offering valuable insights for businesses navigating the evolving logistics landscape.

02/12/2026 Logistics
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Long Beach Port Adopts Unconventional Fixes to Ease West Coast Congestion

Long Beach Port Adopts Unconventional Fixes to Ease West Coast Congestion

The Ports of Los Angeles and Long Beach have again postponed consideration of the container detention fee, but the policy's 'deterrent effect' is already evident, with a significant decrease in the number of backlogged goods at terminals. The Port of Long Beach has effectively alleviated congestion through 'unconventional' measures such as activating inland spaces and extending operating hours. The future direction of the detention fee remains dependent on port congestion and may become a long-term tool for addressing supply chain challenges.

02/12/2026 Logistics
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Guide to Container Essentials for Freight Forwarders

Guide to Container Essentials for Freight Forwarders

This article provides a comprehensive analysis of container knowledge in the field of foreign trade freight forwarding. It covers common container specifications, nicknames, weights, related terminology, and operational procedures. From dimensions and volumes to specialized terms, it helps you gain a deep understanding of the world of containers and enhance your professional capabilities in foreign trade freight forwarding. It aims to improve your understanding of container types, sizes, and the terminology used when dealing with containerized cargo.

08/22/2025 Logistics Encyclopedia
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Beginners Guide to Understanding Incoterms in Global Trade

Beginners Guide to Understanding Incoterms in Global Trade

This article provides a clear and concise explanation of the 13 common Incoterms (EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DAF, DES, DEQ, DDU, DDP) used in international trade. It details the responsibilities of both buyer and seller under each term, clarifies the point of risk transfer, and specifies the applicable modes of transport. The aim is to help foreign trade practitioners better understand and utilize these terms to effectively manage and mitigate trade risks.

08/22/2025 Logistics Encyclopedia
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Guide to Secure International Transfers Via SWIFT Codes

Guide to Secure International Transfers Via SWIFT Codes

This article provides an in-depth analysis of SWIFT/BIC codes, commonly used in cross-border transfers. Using PBNKDEFF011 as an example, it explains the structure, importance, and usage considerations of the code. Readers will learn how to correctly use SWIFT codes to avoid potential problems in international money transfers, ensuring the safe and accurate arrival of funds to the recipient. The article emphasizes the importance of accurate SWIFT code entry for successful and secure cross-border transactions.

09/03/2025 International Settlement
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Guide to SWIFT Transfers Via Silk Road Bank AD Skopje

Guide to SWIFT Transfers Via Silk Road Bank AD Skopje

The SWIFT code KRSKMK2XXXX for Silk Road Bank Macedonia is used for international money transfers. It is crucial to verify the bank details accurately to avoid delays or failures in the transaction. Using the correct SWIFT code ensures the money is routed to the intended recipient bank in Macedonia. Double-checking all information, including the beneficiary's account number and address, is highly recommended before initiating the transfer. This will help ensure a smooth and successful international wire transfer.

09/03/2025 International Settlement
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Guide to Banque Caledonienne Dinvestissement Swift Transfers

Guide to Banque Caledonienne Dinvestissement Swift Transfers

This article provides a detailed analysis of the SWIFT code system used by investment banks in New Caledonia, along with a practical guide to cross-border remittances. It emphasizes the importance of accurately verifying SWIFT codes and account information, and provides guidance on how to avoid common errors to ensure secure and efficient international money transfers. The guide aims to help individuals and businesses navigate the complexities of international banking within the context of New Caledonia.

09/03/2025 International Settlement
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Standard Chartered Nigeria Simplifies SWIFT Transfers

Standard Chartered Nigeria Simplifies SWIFT Transfers

This article provides a detailed analysis of STANDARD CHARTERED BANK NIGERIA LIMITED's SWIFT/BIC code, SCBLNGLATSY, explaining its structure, purpose, and verification methods. It also offers important considerations and tips for avoiding common mistakes in cross-border money transfers, aiming to help readers conduct international remittances safely and efficiently. The information helps understand how the SWIFT code is used in international banking and how to ensure accurate transactions when sending money to Nigeria through Standard Chartered Bank.

09/03/2025 International Settlement
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