Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
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Sudan Initiates Customs Study to Enhance Trade Efficiency

Sudan Initiates Customs Study to Enhance Trade Efficiency

Sudan Customs, in collaboration with the World Customs Organization, launched a National Time Release Study (TRS) in 2015 to improve customs clearance efficiency and optimize the trade environment. Through workshops, representatives analyzed Sudan's current customs clearance processes and developed a roadmap for action. The implementation of the TRS is expected to identify bottlenecks, streamline procedures, reduce operational costs for businesses, and enhance trade competitiveness, injecting new vitality into Sudan's economic development.

01/07/2026 Customs Knowledge
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US Imports Drop Amid Seasonal Shifts Trade Concerns

US Imports Drop Amid Seasonal Shifts Trade Concerns

Recent data reveals a significant decline in US imports in November, influenced by seasonal factors, trade policy uncertainties, geopolitical risks, and a global economic slowdown. Exports from China to the US experienced a notable decrease, with most of the top ten import origin countries facing setbacks. Businesses should closely monitor policy developments, optimize supply chain strategies, strengthen inventory management, enhance product competitiveness, and explore emerging markets to mitigate trade risks.

01/08/2026 Logistics
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Global Air Cargo Demand Rises Despite Economic Challenges

Global Air Cargo Demand Rises Despite Economic Challenges

In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.

07/04/2025 Logistics Industry Insights
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UPS Q2 Revenue Falls 27 Amid Economic Uncertainty

UPS Q2 Revenue Falls 27 Amid Economic Uncertainty

In its Q2 2025 earnings report, UPS reported a 2.7% decline in revenue, citing external economic uncertainties affecting performance. While some business segments showed growth, overall operating profit decreased. The CEO emphasized that the company will accelerate collaboration with Amazon to reduce package volume and enhance competitiveness.

07/29/2025 Logistics Industry Insights
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