The legal relationship between freight forwarders and shippers is complex, with responsibility defined by contract terms and the nature of the agency. There is a need for enhanced understanding and management of these relationships.
The electronic release of the bill of lading simplifies the cargo release process in shipping, allowing shippers to release cargo without the original bill of lading. However, they must provide necessary documentation and assume responsibility.
UPS has announced an extension of its demand surcharge, sparking industry debate about express delivery companies' profit strategies. This article analyzes the background, measures, and market impact of UPS's move, providing shippers with coping strategies. It also looks ahead to future development trends in the express delivery industry. The extended surcharge impacts logistics costs and pricing strategies for businesses relying on UPS, prompting a need to understand the underlying reasons and potential alternatives for managing shipping expenses effectively.
After facing a public opinion crisis in 2025, Xiaomi Auto is gradually regaining positive sentiment through its product strength, market strategies, and anticipation for new releases. In 2026, Xiaomi plans to launch multiple new vehicles, including both pure electric and extended-range models, aiming for a systemic breakthrough. However, risks such as rebuilding trust in quality control, intense market competition, and a blurred brand positioning still exist. Whether Xiaomi Auto can make a successful comeback remains a significant challenge.
The Global Trade Facilitation Programme (GTFP), a collaboration between the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been extended until December 2023 due to its significant achievements. The program aims to promote economic growth in developing countries by simplifying trade procedures and improving customs administration through capacity building. This extension will consolidate gains, address challenges posed by the pandemic, and enhance sustainability, ultimately providing long-term development opportunities for beneficiary countries.
Port congestion in the United States has reached a critical level, particularly at the ports of Los Angeles and Long Beach. Multiple factors, including the pandemic's impact, surging demand, supply chain disruptions, and container imbalances, have exacerbated the congestion. This situation affects the global supply chain, leading to increased transportation costs, extended delivery times, and inventory backlogs. Alleviating congestion requires strengthening infrastructure construction, optimizing operational management, and enhancing supply chain collaboration to build a more resilient supply chain.
Oshkosh Corporation is facing production challenges due to global supply chain disruptions, resulting in extended lead times and multiple production line shutdowns. The company is actively responding through diversification, digitalization, and strategic partnerships. These efforts aim to maintain business resilience in an uncertain environment, capitalize on opportunities for innovation and transformation, and solidify its leading position in the industry. Oshkosh is committed to navigating these challenges and ensuring continued operational efficiency despite the ongoing global disruptions.
APICS launches a K-12 supply chain STEM education program to cultivate students' interest in supply chain from a young age and address future talent shortages. This initiative, in collaboration with companies like Intel and leading universities, uses engaging and entertaining methods to spark students' enthusiasm for supply chain management, injecting new vitality into the industry. A call to action is extended to all parties to participate and jointly build the future of the supply chain.
The Saudi Tax and Customs Authority (ZATCA) has extended the penalty waiver initiative for VAT violations until the end of 2025. This covers penalties for late registration, filing, payment, and e-invoicing violations. Exclusions apply to tax evasion cases and previously paid penalties. The waiver applies only to penalties incurred before Q1 2025. Businesses are advised to consult with tax advisors promptly to seize this final opportunity for 'low-cost correction' and ensure compliance with VAT regulations.
This article introduces Gurayat Airport (URY) and its role in air transportation in Saudi Arabia. It highlights the West Bank Airport IATA code query system, a valuable tool for air freight professionals. This system contains information on over 40,000 airports worldwide, offering multiple search methods and a unique Pinyin initial code search. Furthermore, the article also introduces extended services provided by West Bank Freight Network, such as air freight tracking and airline inquiry, helping users efficiently conduct international air freight business.
