Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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HS Codes for Agricultural Products Boost Global Trade

HS Codes for Agricultural Products Boost Global Trade

This article provides a detailed analysis of agricultural products related to HS Code 12, including endangered seeds, hops, and American ginseng. It explores their export conditions and market demand, offering insights for agricultural enterprises looking to engage in international trade.

08/05/2025 HS Code Query
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Amazon FBA Sellers Face Customs Clearance Challenges

Amazon FBA Sellers Face Customs Clearance Challenges

Shipping through Amazon FBA requires customs clearance, which involves export policies and regulations. Sellers must provide relevant declaration documents. Customs requirements vary for different markets, and sellers can authorize logistics companies or customs brokers to handle the clearance process, ensuring compliance for cross-border transportation.

08/04/2025 Customs Knowledge
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Malaysiatoshanghai Sand Shipping Costs Analyzed

Malaysiatoshanghai Sand Shipping Costs Analyzed

This article provides a detailed analysis of the cost structure for shipping Malaysian river sand to Shanghai, including freight, port charges, customs clearance fees, insurance, and taxes. It introduces CIF and FOB pricing methods, as well as payment methods such as Letter of Credit (L/C) and Telegraphic Transfer (T/T). The article also answers frequently asked questions about sea freight prices, aiming to help readers understand all aspects of sand and gravel shipping, choose a suitable freight forwarder, and ensure the safe and efficient transportation of goods.

02/02/2026 Logistics
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Rwanda Boosts Trade with Wcobacked Customs Upgrade

Rwanda Boosts Trade with Wcobacked Customs Upgrade

The WCO held a customs valuation workshop in Rwanda to enhance the capabilities of tax authority officials. The workshop covered topics such as the WTO Valuation Agreement and transfer pricing. The initiative aims to promote trade development by improving understanding and application of customs valuation principles, ultimately facilitating smoother and more efficient trade processes for Rwanda.

01/08/2026 Customs Knowledge
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Monthly Payment Plan Eases Cash Flow for Importers

Monthly Payment Plan Eases Cash Flow for Importers

The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.

08/05/2025 Customs Knowledge
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Temu Expands into South Korea with Diversified Approach

Temu Expands into South Korea with Diversified Approach

Temu is actively preparing to directly enter the South Korean market, including hiring local employees and building a comprehensive logistics system. Temu may also accelerate the launch of third-party seller-operated stores to address potential tax policy changes and enhance market competitiveness. This move signifies a strategic upgrade for Temu in the South Korean market.

12/30/2025 Logistics Industry Insights
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Amazon US Sellers Guide to Growth Strategies

Amazon US Sellers Guide to Growth Strategies

This article provides an in-depth analysis of key growth strategies for operating on Amazon in the US market, covering aspects such as market size, FBA services, advertising, review management, logistics optimization, competitive analysis, and tax compliance. It aims to help sellers understand market characteristics and develop effective strategies to achieve success in the US Amazon marketplace.

02/02/2026 Logistics Encyclopedia
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Comprehensive Understanding of Customs Declaration and Inspection Services for Temporary Import Goods

Comprehensive Understanding of Customs Declaration and Inspection Services for Temporary Import Goods

This article elaborates on the structure and process of customs declaration and inspection services for temporarily imported goods, including relevant laws, customs approvals, and extension applications. To meet customer demands for temporary imports, it emphasizes important aspects such as purchase retention, security deposits, and customs usage tax, while providing efficient one-on-one service solutions to facilitate customs procedures and business execution.

07/18/2025 Logistics Encyclopedia
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