Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

A feeder vessel, KMTC Surabaya, operated by Korea Marine Transport Co. (KMTC), collided with the bulk carrier Glengyle in Vietnam. Both vessels sustained damage, but no casualties were reported. The accident may lead to route delays and potential environmental pollution. Businesses should closely monitor the situation, adjust logistics plans, strengthen risk management protocols, and cooperate with the accident investigation. The incident highlights the vulnerability of supply chains to maritime accidents and the importance of preparedness.

11/03/2025 Logistics
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Temu Cracks Down on Fake Shipping Labels Amid Fraud Scandal

Temu Cracks Down on Fake Shipping Labels Amid Fraud Scandal

The seizure of 160,000 Chinese "surface waybills" by US Customs exposes the gray areas within cross-border e-commerce. Temu platform is taking strong measures to punish violating merchants, upgrade risk control models, restrict logistics operations, and increase security deposits, demonstrating a zero-tolerance attitude towards fraud. This incident serves as a wake-up call for cross-border e-commerce practitioners, highlighting that compliance and integrity are the cornerstones of sustainable development.

11/03/2025 Logistics
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Device Sheet And Customs Declaration Problem-solving

Device Sheet And Customs Declaration Problem-solving

In maritime logistics, the management of customs clearance and equipment lists is a key issue. In cases where the original customs clearance has been canceled and it is necessary to change the vessel name on the customs document, experts recommend updating the electronic port entry records with the shipping company and resubmitting the inspected equipment list. Ensuring that this series of operations is carried out promptly helps reduce the risk of logistics delays.

07/17/2025 Logistics Encyclopedia
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Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
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Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

01/05/2026 Customs Knowledge
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Crossborder Logistics Standard Vs Customized Solutions Debate

Crossborder Logistics Standard Vs Customized Solutions Debate

In cross-border logistics, traditional dedicated lines are known for standardization and low cost, suitable for general cargo and stable orders. Customized dedicated lines offer personalized services, addressing transportation challenges for special items and complex scenarios. The choice between the two depends on the specific characteristics of your business and risk tolerance. Avoiding a 'mismatch' is crucial to prevent potential losses. Careful consideration of these factors is essential for optimal logistics strategy.

01/05/2026 Logistics Industry Insights
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Tanzania Boosts Customs Operations with Global Aid

Tanzania Boosts Customs Operations with Global Aid

The Tanzania Revenue Authority, with support from the World Customs Organization, launched a capacity building project to enhance HS code and valuation capabilities, fostering trade facilitation and revenue growth. The project utilizes expert guidance, customized training, and knowledge transfer to deepen expertise, build a training framework, explore the binding nature of tariff information, and strengthen risk management. Ultimately, it aims to increase tax revenue, promote trade facilitation, improve compliance levels, and enhance international competitiveness.

12/30/2025 Customs Knowledge
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Air Waybill Mastery Boosts Global Trade Efficiency

Air Waybill Mastery Boosts Global Trade Efficiency

The international air waybill (AWB) is a crucial document in airfreight trade. This paper analyzes its role, components, workflow, and freight settlement methods. It emphasizes the importance of accurately completing AWB information and provides practical advice for foreign trade enterprises to protect their interests by utilizing AWBs. This helps companies control their logistics lifeline and avoid potential risks. The AWB's accurate completion is vital for smooth international airfreight operations and risk mitigation.

12/30/2025 Document Interpretation
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Indias Aviation Sector Adapts to Safety Challenges

Indias Aviation Sector Adapts to Safety Challenges

This webinar focuses on aviation safety in India, analyzing the latest trends and challenges. It draws upon international best practices to explore strategies for building an efficient and safe air transport system. Industry experts will share insights and introduce safety resources provided by IATA, aiming to enhance aviation safety capabilities. The webinar will cover key areas such as risk management, safety culture, and the implementation of effective safety protocols within the Indian civil aviation sector.

12/30/2025 Logistics Industry Insights
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Crossborder Ecommerce Sellers Hit by Holiday Slump

Crossborder Ecommerce Sellers Hit by Holiday Slump

The cross-border e-commerce industry faces declining sales and early holidays for businesses. New sellers are entering the market, while established sellers seek account reserves. Data-driven growth strategies, including product weight optimization, supply chain improvements, and risk management, are crucial for navigating this challenging period. Patience and confidence are essential for achieving profit growth. Focusing on these key areas can help businesses weather the storm and emerge stronger in the long run.

01/04/2026 Logistics Industry Insights
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