China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
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Hong Kongs E特快 Upgrades Mobile Payment for Faster Transactions

Hong Kongs E特快 Upgrades Mobile Payment for Faster Transactions

Hong Kong e-Express is committed to enhancing the mobile payment experience by upgrading network infrastructure, optimizing application performance, accelerating data transmission, strengthening risk control and security, and refining operational management. The goal is to create a smoother, safer, and more efficient payment ecosystem, contributing to the construction of a smart city in Hong Kong. This includes improvements to network speed, application stability, and security measures to provide a seamless and reliable payment experience for users.

01/23/2026 Logistics Industry Insights
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PKO Bank Polski Streamlines International Transfers with SWIFTBIC Code

PKO Bank Polski Streamlines International Transfers with SWIFTBIC Code

This article provides a detailed introduction to the SWIFT/BIC code BPKOPLPWGOA of PKO BANK POLSKI S.A. It discusses important aspects to consider during international remittances, including bank details, remittance amounts, currency selection, and the variety of payment methods available. The importance of using the SWIFT code is emphasized, aiming to assist readers in successfully completing cross-border payments.

09/09/2025 International Settlement
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Malaysiatochina Shipping Simplified for Daigou Traders

Malaysiatochina Shipping Simplified for Daigou Traders

This article provides a comprehensive guide for shipping goods from Malaysia to China for purchasing agents. It covers key aspects such as transportation options, package declaration, customs clearance procedures, logistics services, and payment methods. This guide aims to help readers understand and efficiently complete cross-border purchasing, ensuring a smooth and successful shipping process from Malaysia to China.

02/02/2026 Logistics Encyclopedia
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A Comprehensive Guide to Air Freight Delivery Methods from Beijing

A Comprehensive Guide to Air Freight Delivery Methods from Beijing

This article provides a detailed analysis of various delivery methods for air freight exports from Beijing, including self-delivery, express delivery, third-party logistics, air release, and land release. Each method has its own characteristics, allowing customers to customize their choices based on needs, thus enhancing transportation efficiency. Currently, self-delivery, logistics, and express delivery are the most common options, suitable for diverse transportation requirements.

07/21/2025 Logistics Encyclopedia
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Hong Kong to US Shipping Speed Methods and Costs Explained

Hong Kong to US Shipping Speed Methods and Costs Explained

This article provides a detailed analysis of different shipping methods from Hong Kong to the United States (sea freight, air freight, international express delivery, postal services), focusing on their timelines, characteristics, and costs. It also explores other factors that influence delivery speed. The aim is to offer guidance to shippers in selecting the most suitable transportation option for their needs, considering both time sensitivity and budget constraints.

01/05/2026 Logistics
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Core Functions and Services of International Freight Forwarding

Core Functions and Services of International Freight Forwarding

International freight forwarding plays a crucial role in global logistics, mainly representing shippers and consignees while assisting in various stages of cargo transportation. Services include selecting transportation methods, booking cargo, handling bills of lading, customs clearance, payment processing, and real-time notifications. Additionally, forwarders perform multimodal transport functions and offer value-added services such as cargo supervision and special goods transportation.

07/18/2025 Logistics Encyclopedia
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Douyin Shop Deposit Rules Key Guide for Sellers

Douyin Shop Deposit Rules Key Guide for Sellers

This article provides a detailed explanation of Douyin Store deposit issues, covering the definitions, payment standards, and calculation methods of basic, floating, and activity deposits. It explains how new and existing merchants pay the deposit and outlines the crucial steps for refunding the full deposit when a store closes. This guide helps you easily understand the Douyin Store deposit rules.

01/06/2026 Logistics Encyclopedia
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