PRIORBANK Expands Global Money Transfer Services

PRIORBANK Expands Global Money Transfer Services

This article provides a detailed overview of the fees and procedures for international remittances through PRIORBANK. It includes important SWIFT/BIC codes and explains the potential costs and the time required for the funds to arrive. The aim is to assist readers in conducting cross-border financial transfers more efficiently.

Qingdao Port Adopts Cloud System to Boost Efficiency

Qingdao Port Adopts Cloud System to Boost Efficiency

Qingdao Port launched the Yun Gang Tong platform, providing online services for import and export processes. Customers can handle transactions online, eliminating the need for physical visits, significantly reducing operational and time costs, and improving port operational efficiency. This represents a significant step in the construction of a smart port.

11/03/2025 Logistics
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Incheon Port Dangerous Goods Bulk Cargo Shipping Export Guide

Incheon Port Dangerous Goods Bulk Cargo Shipping Export Guide

Incheon Port has improved its services for the sea freight export of hazardous materials, with weekly sailings every Saturday and a journey time of approximately 3 days. For the transport of UN3082 environmentally hazardous liquids, clients must arrange bookings 10 days in advance, providing necessary documentation to ensure smooth customs clearance.

Shipping Industry Grapples With Rising Container Rolling Issues

Shipping Industry Grapples With Rising Container Rolling Issues

This article explores the causes and impacts of the phenomena of 'container roll-over' and 'congestion' in the freight forwarding industry. It analyzes how shipping companies' space management can lead to containers being rolled over, as well as the challenges faced by cargo owners and freight forwarders in this process. Container roll-overs are attributed not only to the surge in cargo volume during peak shipping seasons but also to factors like freight rates and customer relationships. Although shipping companies bear no responsibility for roll-overs, this practice severely affects partnerships, highlighting the need for industry attention and improvement.

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyu, a leading cross-border e-commerce company in Zhejiang specializing in footwear and apparel, is preparing for its IPO. Despite being ranked first in GMV for footwear and apparel in the North American market, it faces the challenge of a high return rate. The return amount reached 140 million yuan in 2021 and surged to 340 million yuan in the first half of 2022. High return rates are a common issue in the fashion e-commerce industry. Zibuyu needs to effectively reduce its return rate and improve profitability to maintain its leading position in the competitive market.

Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Cross-border e-commerce sellers need to comprehensively consider factors such as customs clearance responsibility, tax burden, and risk transfer when choosing between DDP (Delivered Duty Paid) and DDU (Delivered Duty Unpaid) terms. DDP is suitable for scenarios where buyers lack customs clearance capabilities or need to enhance customer experience, while DDU is suitable for situations where buyers have customs clearance capabilities or tax rates fluctuate significantly. When choosing, attention should be paid to the policies of the destination country, tax calculation, and the qualifications of the freight forwarder to reduce risks and ensure smooth delivery.