Key Habits for Success in Global Trade

Key Habits for Success in Global Trade

Experienced foreign trader Lucy shares ten golden habits for success in international trade, including timely response, accurate quotation, strict commitment, professional interpretation, continuous follow-up, honest communication, logical clarity, review and summary, valuing small orders, and adhering to long-term thinking. These habits not only improve efficiency but also build customer trust and contribute to a thriving foreign trade business. By consistently applying these principles, traders can foster strong relationships and achieve sustainable growth in the competitive global market.

02/05/2026 Customs Knowledge
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Tilted Cargo Ship Rescued in Suez Canal Traffic Unaffected

Tilted Cargo Ship Rescued in Suez Canal Traffic Unaffected

The Suez Canal Authority (SCA) successfully rescued the tilted cargo ship "FENER", ensuring the canal's navigation remained unobstructed. The incident occurred outside the navigation channel and did not affect normal shipping traffic. The SCA's swift action ensured the safety of the crew and highlighted its crucial role in global shipping safety. This rapid response demonstrates the SCA's commitment to maintaining the smooth flow of maritime traffic through this vital waterway and underscores its preparedness for handling maritime emergencies.

02/06/2026 Logistics
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Liberia WCO Boost Customs Efficiency for Humanitarian Aid

Liberia WCO Boost Customs Efficiency for Humanitarian Aid

The World Customs Organization (WCO), in collaboration with the UN Office for the Coordination of Humanitarian Affairs (OCHA), conducted a mission to Liberia to enhance the country's customs capacity and facilitation in responding to epidemics and natural disasters. By assessing needs, strengthening cooperation, and developing standard operating procedures, the mission laid the groundwork for improving Liberia's humanitarian relief system. This initiative highlights the importance of international collaboration in bolstering disaster preparedness and response capabilities within the customs framework.

02/06/2026 Customs Knowledge
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Amazon Halts Thirdparty Delivery Service Amid Strategy Review

Amazon Halts Thirdparty Delivery Service Amid Strategy Review

Amazon's suspension of non-self-operated package delivery services has sparked industry attention on its logistics strategy. This move may be a temporary measure to address the challenges of the pandemic, or it may be accumulating strength for a larger-scale logistics expansion in the future. Experts believe that the short-term impact on UPS and FedEx is limited, but in the long run, Amazon's determination to enter the logistics field will not change, and future competition will be more intense. This decision highlights the evolving landscape of e-commerce fulfillment and Amazon's ambition to control more of its supply chain.

01/21/2026 Logistics
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Shared Truckload Gains Traction in North American Freight

Shared Truckload Gains Traction in North American Freight

This paper delves into the advantages of the shared truckload transportation model in the freight industry, particularly in the face of pandemic-related disruptions. By comparing the limitations of traditional less-than-truckload (LTL) and full truckload (FTL) shipping, it highlights the unique value of the shared model in reducing costs, improving efficiency, and minimizing cargo damage. The article provides practical advice on selecting the optimal transportation method and lists numerous reasons why shared truckload transportation surpasses traditional models. It aims to help businesses embrace this innovative model to achieve freight cost reduction and efficiency gains.

01/26/2026 Logistics Industry Insights
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Global Trade Relies on Cargo Insurance Amid Rising Risks

Global Trade Relies on Cargo Insurance Amid Rising Risks

This article provides a comprehensive analysis of cargo insurance under various modes of transportation. It offers detailed guidance for businesses navigating global trade, covering pre-insurance preparation, policy selection, post-loss response, and the preparation of claim documents. Choosing the right cargo insurance is crucial for safeguarding business interests and ensuring stable development. This guide aims to equip businesses with the knowledge needed to effectively mitigate risks associated with international shipping and protect their valuable assets throughout the supply chain.

08/21/2025 Logistics Encyclopedia
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Freight Forwarding Best Practices for Shipping Agents

Freight Forwarding Best Practices for Shipping Agents

This paper focuses on key aspects of freight forwarding operations, including shipping agent selection, manifest processing, document workflows, information from shipping company document centers, and emergency response. It aims to help freight forwarding professionals improve efficiency, reduce risks, and provide practical guidance. The paper details best practices and considerations for each stage of the process, offering actionable insights to optimize operations and minimize potential disruptions. This serves as a valuable resource for both novice and experienced professionals in the freight forwarding industry.

08/22/2025 Logistics Encyclopedia
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Guide to Streamlining Export Customs Compliance

Guide to Streamlining Export Customs Compliance

This article provides a detailed analysis of each step in the export customs declaration process. It covers aspects such as preparing customs declaration documents, pre-entry and verification of customs declaration forms, electronic port declaration, customs document review and response, printing formal customs declaration forms, organizing and submitting customs declaration forms, on-site declaration and acceptance, tax assessment and payment, tax bill verification, inspection, release, and customs clearance. The aim is to help companies efficiently and compliantly complete customs clearance procedures.

09/26/2025 Customs Knowledge
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Seattle Port Labor Dispute Threatens Supply Chains

Seattle Port Labor Dispute Threatens Supply Chains

The sudden weekend closure of the Port of Seattle due to a labor dispute highlights supply chain vulnerabilities. This article delves into the root causes of the labor conflict, explores corporate response strategies, and envisions the future construction of port operating systems. The aim is to enhance supply chain stability and efficiency in the face of potential disruptions. The closure serves as a stark reminder of the interconnectedness of global trade and the potential for localized issues to have widespread consequences.

11/03/2025 Logistics
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Importers Advised on Costcutting Strategies for Customs Delays

Importers Advised on Costcutting Strategies for Customs Delays

In-depth customs inspection is a crucial part of import trade. Understanding its process, reasons, and response strategies is essential. This article details the in-depth inspection process, cost composition, and provides practical advice to reduce inspection risks. Flexport is committed to providing professional support to its customers, helping goods clear customs smoothly and minimizing potential losses. We aim to empower businesses with the knowledge and resources needed to navigate the complexities of customs inspections effectively, ensuring efficient and compliant import operations.

11/03/2025 Customs Knowledge
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