Fed Hikes Payment Fees Exempts Fednow Service

Fed Hikes Payment Fees Exempts Fednow Service

The Federal Reserve announced an average price increase of 1.8% for traditional payment services, while keeping FedNow service fees unchanged. This move aims to recover costs and promote the FedNow instant payment system. The Fed is also introducing four payment system enhancements to improve efficiency and security, building a more modern payment ecosystem. The unchanged FedNow fees are likely intended to incentivize adoption of the new real-time payment platform.

01/30/2026 International Settlement
Read More
Tongtool YMS Boosts Crossborder Ecommerce with Marketing Tools

Tongtool YMS Boosts Crossborder Ecommerce with Marketing Tools

YMS by Tongtu is a cross-border e-commerce growth engine, offering multi-platform marketing and advertising, intelligent assistance tools, a YMS distribution system, and dropshipping services. The system integrates with major platforms, supporting bulk ad creation, sales and inventory analysis, competitor monitoring, and Listing operation analysis. Training courses on Listing, marketing, ERP, and distribution are scheduled for next week to help sellers get started quickly and improve operational efficiency.

02/03/2026 Logistics Industry Insights
Read More
China Advances Yuan Internationalization with New Policies

China Advances Yuan Internationalization with New Policies

PBOC Governor Pan Gongsheng stated that China will steadily promote RMB internationalization by upgrading the cross-border payment system, deepening international cooperation, and enhancing financial regulatory capabilities. These efforts aim to provide enterprises with a more convenient, secure, and efficient cross-border transaction environment and enhance the voice of developing countries in the international financial system. The focus is on facilitating trade and investment while strengthening China's role in global finance.

02/03/2026 International Settlement
Read More
Senegal Adopts Revised Kyoto Convention to Boost Trade Efficiency

Senegal Adopts Revised Kyoto Convention to Boost Trade Efficiency

Senegal's accession to the Revised Kyoto Convention marks a significant step towards aligning its customs system with international standards. This move aims to simplify customs procedures, reduce trade costs, and enhance trade competitiveness, benefiting Senegal's economic development. It also promotes trade facilitation in West Africa and serves as a model for other developing countries. By joining the convention, Senegal contributes to building a more open, transparent, and efficient international trade system.

02/05/2026 Customs Knowledge
Read More
Thai Airways Enhances Cargo Tracking Services

Thai Airways Enhances Cargo Tracking Services

West Coast Freight Network launches an airline lookup system, integrating information from over a thousand airlines worldwide. It supports searching by code, Chinese and English names, and provides information on Thai Airways' international hub and cargo tracking links. This allows users to quickly obtain the necessary information and improve international freight efficiency. The system aims to streamline the process of finding airline details and tracking shipments, ultimately benefiting businesses involved in global trade.

08/21/2025 Airlines
Read More
IATA CASS Account Guide Simplifies Air Cargo Efficiency

IATA CASS Account Guide Simplifies Air Cargo Efficiency

This article provides a detailed introduction to the application requirements, procedures, necessary materials, and fees for the International Air Transport Association (IATA) CASS settlement account. It aims to help air cargo companies and freight forwarders understand the advantages of the CASS system, simplify settlement processes, reduce operating costs, and enhance global market competitiveness. The article serves as a guide to navigate the CASS system for efficient and cost-effective international air cargo settlement.

10/11/2024 Logistics Encyclopedia
Read More
EDI Streamlines Customs Clearance for Global Trade

EDI Streamlines Customs Clearance for Global Trade

This article addresses common issues encountered in EDI customs clearance, such as multiple orders per container, system connectivity problems, and pre-entry of packing lists. It aims to help businesses better understand and utilize the EDI system, improve customs clearance efficiency, reduce operating costs, and ensure the smooth passage of goods through customs. The paper provides answers and insights to facilitate the effective application of EDI for faster and more reliable import/export processes.

08/22/2025 Logistics Encyclopedia
Read More
Lake Gregory Airport Bolsters Western Australias Air Cargo Network

Lake Gregory Airport Bolsters Western Australias Air Cargo Network

West Coast Freight Network's updated global airport three-letter code lookup system now includes Lake Gregory Airport (LGE), a key air freight hub in Western Australia. The system provides detailed information on airport facilities, warehousing fees, and air cargo labels, making it an essential tool for air freight operations. It also offers practical tools such as air freight tracking, airline lookups, and shipping company searches, contributing to the development of the global air freight industry.

09/29/2025 Airport Codes
Read More
Guide to Streamlining Air Cargo Operations at LWB Airport

Guide to Streamlining Air Cargo Operations at LWB Airport

This article provides detailed air freight information for Lebak Airport (LWA) in the Philippines, covering airport overview, customs clearance guidelines, and the functionality of the West Coast Cargo Network's three-letter code query system. The system offers global airport code lookup, air freight tracking, shipping company search, and other services to facilitate international trade operations. It helps users quickly find relevant information related to air cargo and airport identification within the Philippines and globally.

09/29/2025 Airport Codes
Read More
El Maiten Airport Expands Freight Tracking for Global Logistics

El Maiten Airport Expands Freight Tracking for Global Logistics

This article focuses on El Maiten Airport (EMX), detailing its key information and analyzing the powerful functions of the West Coast Cargo Network's three-letter code query system. This system contains information on over 40,000 cities and airports worldwide, offering multi-dimensional searches and serving as an essential resource for air freight operations. Furthermore, the article introduces other practical freight tools provided by West Coast Cargo Network, helping freight professionals improve efficiency.

09/29/2025 Airport Codes
Read More