myanma economic bank News

West Coast Ports Secure Sixyear Labor Deal Averting Disruption

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) reached an agreement on a new six-year contract, ending 13 months of negotiations. The agreement covers key aspects such as wages, benefits, and job security, which is significant for stabilizing US West Coast port operations, alleviating global supply chain pressures, and promoting economic growth. Despite challenges related to automation and geopolitics, the contract's conclusion lays a foundation for future development.

11/03/2025 Logistics

Klean Kanteen Slashes Emissions Streamlines Supply Chain

Klean Kanteen, in partnership with Flexport, leveraged the platform's carbon emission data to optimize its supply chain management. This collaboration significantly reduced reporting time and successfully eliminated hundreds of tons of CO2 emissions. The case study demonstrates how businesses can achieve a win-win situation for both economic benefits and environmental impact through technological innovation and data-driven decision-making. It provides valuable experience for other companies aiming to build a sustainable supply chain.

11/03/2025 Logistics Industry Insights

Cargo Plane Demand Rises Despite Trade Tariffs

Despite tariff pressures, aviation consultancy Cirium forecasts continued growth in freighter demand. Looking back at the US-China trade war, freighter demand bucked the trend and increased, indicating that domestic consumption growth supports the air cargo market. Going forward, freighter operators need to be vigilant about risks such as insufficient cargo volume while seizing structural growth opportunities. The resilience of the air cargo market suggests ongoing demand for dedicated freighters, even amidst global economic uncertainties.

11/03/2025 Logistics Industry Insights

Freight Forwarders Adopt Tech to Streamline Customs Clearance

Experienced freight forwarders share efficient customs clearance secrets, including electronic customs declaration, handling container repositioning, managing bank slips, and paying attention to container drop-off. This helps you quickly master core freight forwarding skills and improve work efficiency. Learn practical tips and strategies to streamline your processes and avoid common pitfalls in international shipping. Gain valuable insights to optimize your operations and ensure smooth and timely delivery of goods.

08/23/2025 Logistics Encyclopedia

ABCBANQUE MISR Adopts SWIFT Codes to Streamline Global Transfers

This article provides a detailed analysis of the importance of the SWIFT code BMISEGCXCOL for BANQUE MISR in Egypt during international remittances. It emphasizes the necessity of correctly filling in the code along with other bank information to ensure the safety of funds and timely arrival. Additionally, it offers tips and considerations during the remittance process to help users avoid common mistakes and enhance the smoothness of international remittances.

08/22/2025 International Settlement

Azerbaijan SWIFTBIC Codes Simplified for Global Transfers

This article provides detailed information about SWIFT/BIC codes in Azerbaijan, covering their structure, lookup methods, differences from IBANs, and the risks associated with using incorrect codes. It aims to help readers accurately identify Azerbaijani bank SWIFT/BIC codes, ensuring the security and efficiency of international money transfers. Understanding these codes is crucial for successful and error-free international transactions involving Azerbaijani banks, preventing potential delays and financial losses.