Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
Read More
Freight Forwarders Adopt New Strategies to Secure Timely Payments

Freight Forwarders Adopt New Strategies to Secure Timely Payments

In the competitive transportation market, freight forwarders need to pay attention to the risks of prepaid freight clauses, the rights of bill of lading holders, and the identity of the actual freight payers when collecting freight charges. By establishing reasonable contractual agreements and selecting reputable charterers, freight forwarders can effectively protect their interests, ensure timely collection of freight, and reduce economic risks.

07/28/2025 Logistics Encyclopedia
Read More
The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

The Pros and Cons of Freight Apps: The Phenomenon of Low Freight Rates Amid Market Transformation

This article analyzes the rise of freight apps in the logistics market and their impact on pricing, drivers, and companies. While freight apps provide convenience for users, they have not fundamentally addressed the issue of excess capacity leading to falling prices. Additionally, businesses and logistics companies still prefer to collaborate with familiar partners, and the role of information departments has not been replaced by apps.

07/18/2025 Logistics
Read More
DAT Acquires Convoy to Automate Freight Transactions

DAT Acquires Convoy to Automate Freight Transactions

DAT Freight & Analytics has acquired Flexport's Convoy digital freight network platform, aiming to enhance automation and efficiency in freight transactions through advanced technology. This acquisition will provide freight brokers with a more efficient operational model and a broader freight matching network, ultimately driving the development of the entire industry.

08/07/2025 Logistics
Read More
Freight Forwarders Leverage Tax Exemptions to Cut Costs

Freight Forwarders Leverage Tax Exemptions to Cut Costs

This article provides a detailed analysis of the tax exemption policies related to international freight forwarding, covering the scope of exemptions, declaration conditions, and handling of input tax amounts. Reading this article will assist businesses in reducing their tax burdens and optimizing international logistics costs.

08/06/2025 Logistics Encyclopedia
Read More
Ensuring Container Safety Vgm Standards Facilitate Efficient Transportation

Ensuring Container Safety Vgm Standards Facilitate Efficient Transportation

Since 2016, the International Convention for the Safety of Life at Sea (SOLAS) has introduced the Verified Gross Mass (VGM) regulations, requiring shippers to provide VGM information before loading containers. This ensures the safety and compliance of container transportation. Neglecting this requirement may result in containers being unable to be loaded onto ships, impacting the transport of goods.

11/30/-0001 Logistics
Read More
Tan Son Nhat Airport Streamlines Cargo Handling Customs Clearance

Tan Son Nhat Airport Streamlines Cargo Handling Customs Clearance

Tan Son Nhat International Airport in Ho Chi Minh City is Vietnam's largest international airport, showcasing strong capabilities and potential in both freight and passenger services. By collaborating with global e-commerce platforms and implementing efficient customs clearance and warehousing services, it enhances the convenience of international trade and promotes economic development.

08/05/2025 Airport Codes
Read More
Caphatien Airport Guide CAP Code and Air Freight Explained

Caphatien Airport Guide CAP Code and Air Freight Explained

This article delves into the three-letter code (CAP) of Cap-Haitien International Airport, explaining its crucial role in air freight operations. It introduces efficient methods for querying airport codes and highlights the features of the West Coast Cargo Network's three-letter code search system. Furthermore, the relationship between city codes and airport codes is analyzed, aiming to help readers better understand and apply airport three-letter codes, thereby improving international freight efficiency. The focus is on practical application and understanding within the context of air transport and logistics.

09/29/2025 Airport Codes
Read More