Guide to Handling Lost Bills of Lading in Freight Forwarding

Guide to Handling Lost Bills of Lading in Freight Forwarding

This article discusses the handling of lost bills of lading in the freight forwarding industry, particularly the challenges faced during transit. Loss of a bill of lading can lead to compensation issues, typically requiring a guarantee deposit or a bank guarantee letter from the shipping company for reissue. It is also recommended that freight forwarders properly retain both original and duplicate copies of bills of lading to mitigate risks.

07/17/2025 Logistics Encyclopedia
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ADB WCO Enhance Asian Trade Via Customs Reforms

ADB WCO Enhance Asian Trade Via Customs Reforms

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance trade facilitation in Asia. This partnership focuses on adopting WCO standards, promoting customs modernization, and fostering regional cooperation. The aim is to build an efficient, transparent, and secure trading environment, ultimately contributing to regional economic prosperity. The collaboration will involve joint efforts to implement best practices and streamline customs procedures across the region.

12/30/2025 Customs Knowledge
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Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Significant upgrade for Coupang seller onboarding! The requirement for English translations is removed, greatly lowering the barrier for Chinese sellers. This article details the latest required documents for onboarding, including company business license, legal representative ID, bank account proof, mobile phone bill, and settlement statements from other e-commerce platforms. We also provide screenshot paths for settlement statements from various platforms, helping sellers quickly enter the Korean e-commerce market.

01/06/2026 Logistics
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Lowprofile Freight Forwarder Reveals Key Shipping Industry Insights

Lowprofile Freight Forwarder Reveals Key Shipping Industry Insights

The seemingly blank personal page of "Shang Shan Ruo Shui" may actually contain profound industry experience and unique thinking. By analyzing their focus and behavioral patterns, we can gain insight into the potential wisdom and survival strategies within the freight forwarding and consolidation industry. Low profile doesn't equate to silence, but rather another form of power accumulation. It suggests that valuable knowledge and insights can be found even in unassuming places, requiring careful observation and analysis to uncover.

08/22/2025 Logistics Encyclopedia
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New Customs Rules Simplify Trade Compliance for Businesses

New Customs Rules Simplify Trade Compliance for Businesses

To standardize customs declaration practices, the General Administration of Customs and the China Customs Brokers Association will promote a standardized paper format for the Power of Attorney for Customs Declaration. The new regulations emphasize the 'reasonable review' obligation of customs brokers and standardize customs declaration form filling, aiming to improve customs clearance efficiency, reduce corporate risks, and protect the legitimate rights and interests of enterprises. Companies should understand the new regulations in advance and prepare for compliance.

09/26/2025 Customs Knowledge
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Maersk Adapts to Trump Tariffs Amid Trade Challenges

Maersk Adapts to Trump Tariffs Amid Trade Challenges

Amidst the uncertainty brought by Trump's tariff policies, Maersk CEO Søren Skou believes that tariffs themselves don't directly impact trade; consumer purchasing power is key. Maersk addresses these challenges by enhancing adaptability and deepening strategic partnerships, while firmly supporting free trade. This strategy offers valuable insights for the shipping industry, emphasizing flexible adaptation and efficiency improvements to navigate geopolitical risks and market fluctuations. The company's approach highlights the importance of resilience in a volatile global trade environment.

11/03/2025 Logistics Industry Insights
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Port of New York and Jersey Secures Record Funds for Green Shift

Port of New York and Jersey Secures Record Funds for Green Shift

The Port Authority of New York and New Jersey secured a record-breaking $347 million in federal funding for clean port initiatives, bolstering its sustainability efforts. The funds will support the transition to zero-emission equipment, the construction of shore power infrastructure, community engagement, and air quality monitoring. This investment will help the port achieve its 2050 net-zero emission target and solidify its position as both an economic engine and a model for green ports.

11/03/2025 Logistics
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Chinas Electric Blanket Exports to Europe Rise Amid Winter Demand

Chinas Electric Blanket Exports to Europe Rise Amid Winter Demand

The European energy crisis has fueled a surge in demand for Chinese electric blankets, leading to a significant increase in exports. Chinese companies are responding by expanding production capacity and exploring new markets. However, exporters face challenges such as product localization, power adapter compatibility, and certification compliance. Besides electric blankets, other 'heating gadgets' like air source heat pumps are also gaining popularity. Chinese companies should seize this opportunity to improve product quality and technological capabilities for sustainable development.

01/04/2026 Logistics Industry Insights
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Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Cross-border e-commerce sellers report that PingPong allegedly froze seller funds at Amazon's request, causing industry shock. This article delves into the event, exploring the power boundaries of payment platforms, revealing potential risks, and proposing response strategies. It calls on payment platforms to clarify their positioning and protect the rights and interests of sellers. The incident raises concerns about the security of cross-border transactions and the influence of large marketplaces on payment providers' decisions.

01/04/2026 International Settlement
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Rootstock ERP Tops SMB Manufacturing Tech for Fourth Year

Rootstock ERP Tops SMB Manufacturing Tech for Fourth Year

Rootstock ERP has been recognized as an SMB ERP leader for four consecutive years. Built specifically for product-centric companies and based on Salesforce, Rootstock integrates AI to streamline operations and drive growth. It enables manufacturers to connect their sales, operations, and financial data, providing a single source of truth for better decision-making. By leveraging the power of the Salesforce platform, Rootstock offers unparalleled flexibility and scalability, helping businesses adapt to evolving market demands and achieve digital transformation.

01/06/2026 Logistics Industry Insights
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