Crossborder Tong Executives Fined for 150M Accounting Fraud

Crossborder Tong Executives Fined for 150M Accounting Fraud

The Shenzhen Stock Exchange publicly condemned Global Top E-Commerce (Cross-border Tong) for financial fraud. Its subsidiary, Globalegrow, overstated profits by 1.5 billion RMB, resulting in penalties for multiple executives. The company's performance has declined, highlighting compliance management as a lifeline for the industry. This incident underscores the accelerating shake-up in the cross-border e-commerce sector, where those who adhere to regulations will ultimately prevail. Compliance is now paramount for survival and success in this evolving market.

12/30/2025 Logistics Industry Insights
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US Logistics Transforms Under ELD Mandate for Safety

US Logistics Transforms Under ELD Mandate for Safety

The U.S. Federal Court of Appeals upheld the ELD mandate, marking a new era of compliance in the logistics industry. ELDs reshape the future of logistics by enhancing compliance, reducing driver fatigue, improving operational efficiency, and eliminating fraudulent logging. Businesses should proactively respond by selecting appropriate ELD devices, strengthening employee training, and optimizing operational processes to meet the challenges. This mandate aims to create a safer and more efficient transportation ecosystem, pushing companies to adapt and embrace technological advancements for better overall performance.

01/15/2026 Logistics
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Customs Detention Challenges for Crossborder Ecommerce Sellers

Customs Detention Challenges for Crossborder Ecommerce Sellers

This article delves into strategies for handling international express packages detained by customs. It emphasizes quickly identifying the reason for the seizure and taking targeted measures, such as supplementing materials, returning the goods, or filing an appeal, while adhering to processing deadlines. Furthermore, it advises cross-border e-commerce sellers to utilize professional customs brokers and strengthen daily compliance management to minimize the risk of detention and ensure smooth business operations. Proactive compliance and swift action are crucial for resolving customs issues effectively.

01/15/2026 Customs Knowledge
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CE Marking Essential for EU Market Entry

CE Marking Essential for EU Market Entry

This article provides a comprehensive self-inspection guide for CE marking, covering compliance requirements, self-inspection steps, and common non-compliance cases. Through precise measurements, careful observations, and durability testing, it helps exporters ensure CE marking complies with EU standards and smoothly enter the European market. The guide aims to equip manufacturers with the knowledge and tools necessary to perform thorough internal audits and identify potential issues before official assessments, saving time and resources while promoting product safety and regulatory adherence.

01/15/2026 Customs Knowledge
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Global Shipping Wood Packaging Fumigation Rules Explained

Global Shipping Wood Packaging Fumigation Rules Explained

This article provides an in-depth analysis of compliance requirements for wood packaging fumigation in international maritime shipping. It focuses on explaining the fumigation operation process, the application of the IPPC mark, the retention of fumigation certificates, and specific regulations for different countries/regions. The aim is to help exporters avoid customs clearance risks caused by wood packaging issues and ensure smooth customs clearance of goods. It covers essential aspects of fumigation standards and procedures to facilitate international trade compliance.

01/15/2026 Logistics Encyclopedia
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Amazon Sellers Face Major 2025 Marketplace Changes

Amazon Sellers Face Major 2025 Marketplace Changes

Amazon sellers are facing a compliance storm, making extensive operations unsustainable. Refined operations and data-driven decision-making are crucial for survival. E-Cang ERP helps sellers gain insights into advertising performance, optimize listings, control profits and inventory, enhance competitiveness, and meet new Amazon challenges. It provides comprehensive data analysis tools for informed decision-making, ensuring compliance and efficient resource management. This empowers sellers to navigate the evolving Amazon landscape and achieve sustainable growth by leveraging data and adhering to regulations.

12/30/2025 Logistics Industry Insights
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Maritime Shipping Guide for Hazardous Goods Declarations

Maritime Shipping Guide for Hazardous Goods Declarations

This article provides a detailed analysis of the maritime declaration process for dangerous goods sea freight exports. It clarifies the differences between cargo declaration and vessel declaration, outlines the specific steps of cargo declaration, emphasizes the importance of cut-off declaration for dangerous goods, and details the necessary documentation. Furthermore, it explains the connection between dangerous goods declaration and port customs clearance. The aim is to help businesses understand the critical aspects of dangerous goods sea freight exports, mitigate risks, and ensure the safe and compliant transportation of goods.

06/11/2024 Logistics Encyclopedia
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