CMA CGM Adjusts Strategy Over New US Port Fees

CMA CGM Adjusts Strategy Over New US Port Fees

French shipping giant CMA CGM is restructuring its global fleet to avoid new U.S. port fee regulations. The company plans to invest $20 billion in the U.S. to strengthen its market competitiveness. Despite facing challenges from the U.S.-China trade war, CMA CGM maintains a positive outlook, anticipating a rebound in trade activity.

WCO Adopts Evidencebased Research for Customs Policy Reform

WCO Adopts Evidencebased Research for Customs Policy Reform

The WCO research unit provides theoretical support for customs policy formulation through systematic studies and empirical analysis, promoting the modernization of international trade. Annual research conferences facilitate communication between academia and practitioners, aiding in policy adjustments and customs innovation, thereby laying the foundation for the safe and efficient development of global trade.

08/08/2025 Logistics
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Guide to Mitigating Risks in House Bills of Lading for Global Trade

Guide to Mitigating Risks in House Bills of Lading for Global Trade

This paper addresses the risks faced by foreign trade enterprises and cross-border e-commerce companies when using Forwarder Bills of Lading (HBL), such as forwarder qualifications, destination port agents, and property rights protection. It proposes a systematic risk management strategy, including strict forwarder selection, standardized contract signing, enhanced property rights control, monitoring cargo status, utilizing financial instruments, and establishing emergency plans. The aim is to help companies effectively mitigate HBL risks and ensure trade security. This approach provides a comprehensive framework for managing potential issues associated with HBL usage in international transactions.

Crossborder Ecommerce Leading a New Model of Foreign Trade and New Opportunities in the International Market

Crossborder Ecommerce Leading a New Model of Foreign Trade and New Opportunities in the International Market

Cross-border e-commerce is playing an increasingly important role in China's foreign trade, enhancing operational efficiency and aiding the transformation and development of small and medium-sized enterprises. With changing policy support and market demand, cross-border e-commerce is set to become a new driving force for promoting high-quality foreign trade development.

07/24/2025 Logistics
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Stopanska Banka AD Bitola Explains SWIFT Code Use for International Transfers

Stopanska Banka AD Bitola Explains SWIFT Code Use for International Transfers

This article provides a detailed explanation of the SWIFT code STBBMK22XXX for Stopanska Banka AD Bitola, North Macedonia. It clarifies the meaning and importance of SWIFT codes, emphasizing that different services or branches may utilize distinct codes. The article also offers guidance on verifying the correct SWIFT code and highlights key considerations for cross-border money transfers. The aim is to assist readers in successfully completing international remittances and ensuring accurate transactions.

Procredit Bank Macedonia SWIFT Code Simplifies Global Transfers

Procredit Bank Macedonia SWIFT Code Simplifies Global Transfers

This article details the SWIFT/BIC code PRBUMK22XXX for ProCredit Bank Macedonia in North Macedonia, explaining when to use it. It also provides guidance on how to find specific branch codes and highlights important considerations for cross-border money transfers. The aim is to assist users in making international remittances safely and accurately. Understanding the correct SWIFT code and associated procedures is crucial for ensuring smooth and secure international transactions involving ProCredit Bank Macedonia.

South American Air Freight Routes Optimized for Efficiency

South American Air Freight Routes Optimized for Efficiency

This article provides an in-depth analysis of various transit options for air freight to South America, including transits via Europe, North America, Mexico, and Australia. It details the advantages and disadvantages of each option. The article also offers practical advice for selecting the optimal transit solution, assisting freight forwarders and shippers in making informed decisions based on factors such as time sensitivity, cost, cargo type, and destination, ultimately optimizing logistics and transportation.

Greensboro Airport Expands As Piedmont Triads Global Hub

Greensboro Airport Expands As Piedmont Triads Global Hub

Greensboro Piedmont Triad International Airport (GSO) is a key aviation hub in North Carolina, featuring three runways and modern terminal facilities. Serving the Piedmont Triad region, the airport offers flights to major US cities and a limited number of international destinations. GSO is also a significant cargo center. Committed to providing efficient, convenient, and safe air services, GSO continues to grow and develop, playing a vital role in the region's connectivity and economic activity.

Goose Bay Airport Key to Northern Canadas Aviation Network

Goose Bay Airport Key to Northern Canadas Aviation Network

Goose Bay Airport (YYR) is a vital joint military-civilian airport in northern Canada, serving Happy Valley-Goose Bay, Newfoundland and Labrador. With two runways, it holds significant strategic importance, functioning as part of the North American Aerospace Defense Command (NORAD) and operating domestic civilian routes. Given the economic development in the northern regions, the airport possesses substantial future growth potential. Its role as a northern hub is crucial for connectivity and resource transportation.