US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

Facing opportunities arising from the U.S. Trade Representative (USTR) tariff policy adjustments, how can businesses seize duty drawback benefits? North American customs compliance expert Ben Bidwell reveals the impact of USTR tariff policy changes, the potential for duty drawback amounts, the direction of China-U.S. tariffs, and the long-term effects of tariffs. He advises companies to proactively respond, grasp opportunities, strengthen cooperation with customs brokers and trade experts, enhance compliance levels, and reduce trade risks. This proactive approach is crucial for navigating the evolving trade landscape and maximizing potential benefits.

01/30/2026 Customs Knowledge
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Air Freight Cargo Import Clearance Guide: Essential Documents and Special Requirements

Air Freight Cargo Import Clearance Guide: Essential Documents and Special Requirements

In the process of air freight import customs clearance, the required documents vary depending on the trade method of the goods. Typically, this includes trade documents, transport documents, and official certificates, among which the 'Customs Declaration Power of Attorney' is essential. Understanding the requirements for various documents helps facilitate a smooth customs clearance process.

07/11/2025 Logistics Encyclopedia
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WCO Tackles Ecommerce Challenges at Davos Forum

WCO Tackles Ecommerce Challenges at Davos Forum

During the World Economic Forum Annual Meeting in Davos, the World Customs Organization (WCO) focused on the opportunities and challenges of cross-border e-commerce. They engaged in in-depth discussions with global political and business leaders, emphasizing the crucial role of customs in promoting trade, ensuring security, and increasing revenue. The WCO will continue to strengthen international cooperation and promote trade facilitation to contribute significantly to global economic prosperity.

01/07/2026 Customs Knowledge
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Global Logistics Strategies to Reduce Risks and Boost Profits

Global Logistics Strategies to Reduce Risks and Boost Profits

This paper delves into common transportation, customs clearance, and market risks in international logistics, offering mitigation strategies such as selecting reliable partners, optimizing customs procedures, and strengthening market risk management. It also emphasizes the importance of international logistics insurance in helping companies effectively reduce risks and ensure smooth trade activities in global trade. The paper aims to provide insights into managing and minimizing potential losses in international logistics operations.

02/02/2026 Logistics Encyclopedia
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Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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China Cuba Launch First Direct Freight Route to Expand Trade

China Cuba Launch First Direct Freight Route to Expand Trade

On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.

07/02/2025 Logistics
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Liverpool Port Opens Deep Water Bulk Terminal to Enhance Trade

Liverpool Port Opens Deep Water Bulk Terminal to Enhance Trade

The new deep-water bulk carrier berths at the Port of Liverpool have officially opened, aimed at enhancing the port's loading and unloading capacity and efficiency to meet the growing demands of international trade. This modern facility provides safe and efficient cargo handling services for large bulk vessels, reinforcing Liverpool's significant position in the global logistics network.

08/04/2025 Port Encyclopedia
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Global Ports Adopt Automation and Green Tech Amid Trade Shifts

Global Ports Adopt Automation and Green Tech Amid Trade Shifts

This article analyzes the latest developments in global ports regarding automation, infrastructure construction, and decarbonization. It emphasizes the challenges and opportunities faced by ports, as well as how they can achieve more efficient and sustainable operations through technological innovation, construction projects, and environmental protection measures.

08/06/2025 Port Encyclopedia
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JD Logistics Opens Wuhuhanoi Air Freight Route to Boost Trade

JD Logistics Opens Wuhuhanoi Air Freight Route to Boost Trade

JD Logistics has launched an international route from Wuhu to Hanoi, Vietnam, facilitating bilateral trade with 2-3 flights per week and a maximum single trip cargo capacity of 20 tons, taking only 3 hours each way. This route will help Chinese goods enter the Vietnamese market and vice versa, promoting the development of global logistics networks.

08/07/2025 Logistics
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