Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply recovered millions of dollars in duty drawbacks through the Flexport platform, reinvesting the funds in R&D, new product launches, and market expansion. This case study highlights data integration, risk assessment, and process optimization as key success factors. To effectively leverage duty drawback policies, businesses should establish robust data systems, seek expert assistance, understand relevant regulations, optimize processes, and continuously evaluate their performance. This proactive approach ensures efficient utilization of available refunds and contributes to overall financial health.

11/03/2025 Customs Knowledge
Read More
US Customs Tips to Prevent Costly Shipping Delays

US Customs Tips to Prevent Costly Shipping Delays

This article provides an in-depth analysis of the U.S. customs examination mechanism, covering examination types, triggers (such as new importers and inconsistent declaration information), and how CBP obtains information through AMS and ISF systems. It offers practical strategies to reduce examination risks, including accurate declarations and selecting reputable customs brokers. Furthermore, it outlines response measures after an examination, aiming to help importers achieve smooth clearance and avoid unnecessary losses. The goal is to provide actionable insights for navigating the import process effectively.

11/03/2025 Customs Knowledge
Read More
Ecommerce Sellers Guide to Essential Shipping Strategies

Ecommerce Sellers Guide to Essential Shipping Strategies

New cross-border e-commerce sellers should pay attention to transportation time, cost process, cargo safety, customs clearance, delay charges, insurance, communication and coordination, and inventory management when engaging in international shipping. Understanding these aspects and taking corresponding measures in advance can reduce risks and improve logistics efficiency, thereby supporting cross-border e-commerce business. Key areas include optimizing shipping routes, securing cargo insurance, and maintaining clear communication with freight forwarders to avoid costly delays. Careful planning is crucial for success.

11/03/2025 Logistics Encyclopedia
Read More
Global Container Shipping Rates Drop Amid Trade War Concerns

Global Container Shipping Rates Drop Amid Trade War Concerns

The Drewry World Container Index has fallen sharply, reaching a new low since the Red Sea crisis, with the Asia-US route being the most affected. A combination of factors, including overcapacity, tariff policies, and geopolitical risks, is challenging the maritime market. Drewry predicts that freight rates may continue to decline, requiring shipping companies to respond proactively. The significant drop highlights the ongoing volatility and uncertainty in the global shipping industry, impacted by both supply-side pressures and external geopolitical events.

11/03/2025 Logistics
Read More
Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs forecasts that US core CPI could rise by 0.6% if the US imposes tariffs on imports from Canada and Mexico. The report suggests the duration of these tariff policies is uncertain but unlikely to become a long-term feature. Existing inflationary pressures in the US persist, and the new tariff policies may exacerbate inflation. The impact depends on the scope and longevity of the tariffs, but Goldman Sachs believes the effect will be noticeable in the short term.

11/03/2025 Logistics
Read More
Russias Yuzhnaya Airfield Potential and Current Status

Russias Yuzhnaya Airfield Potential and Current Status

Southern Airport is located in Bel'tsyk, Russia. Despite its small size, it has potential significance in local transportation and the economy. Users can participate in evaluations to enhance the airport's visibility, and there are hopeful prospects for future development.

08/04/2025 Logistics
Read More
La Nubia Airport Expands As Mansalenas Global Hub

La Nubia Airport Expands As Mansalenas Global Hub

Ranubia Airport (MZL) is a medium-sized airport located in Mansalese, Colombia, primarily connecting to El Dorado International Airport. Its well-developed infrastructure and safety measures make it an ideal transit hub for passengers, facilitating the exchange of local culture and commerce.

08/04/2025 Airport Codes
Read More
Rafael Buelna Airport Gateway to Mazatlns Beaches and Culture

Rafael Buelna Airport Gateway to Mazatlns Beaches and Culture

Rafael Buelna International Airport, located in Mazatlán, Mexico, is an important transportation hub that connects major domestic and international cities with its modern facilities and various flight routes. The airport is equipped with a comprehensive aviation communication system, ensuring the safety and efficiency of flights.

09/15/2025 Airport Codes
Read More
Honduras Guayape Airport Holds Untapped Economic Potential

Honduras Guayape Airport Holds Untapped Economic Potential

Guayape Airport (MHGY) is located in El Zapato, Honduras, with geographic coordinates of 14.7847223°N, -86.8633347°W, and falls under the America/Tegucigalpa (GMT -6:00) timezone. Although the airport does not provide METAR weather reports, its unique geographic position and potential for development are noteworthy.

09/15/2025 Airport Codes
Read More