Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood, a well-known cross-border e-commerce seller in Guangzhou, is reportedly requiring employees to take early leave, with only 80% of the minimum wage paid the following month, raising concerns about the survival of cross-border e-commerce. Against the backdrop of a global economic downturn and high inflation, cross-border e-commerce companies face multiple challenges in supply chain and operations, urgently requiring transformation and upgrading. These difficulties highlight the pressures faced by businesses navigating a challenging economic climate and the need for adaptation to ensure long-term sustainability.

01/06/2026 Logistics Industry Insights
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Saudi National Bank Adopts SWIFTBIC Codes for Global Transactions

Saudi National Bank Adopts SWIFTBIC Codes for Global Transactions

This article explores the SWIFT/BIC code NCBKSAJE613 of THE SAUDI NATIONAL BANK, highlighting its importance in international remittances. It provides the bank's headquarters address and explains why using this code correctly is crucial for ensuring the safety of funds. The information is applicable for both individuals and businesses engaging in cross-border transactions, offering practical remittance guidelines.

08/22/2025 International Settlement
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Sea Freight Export Shipping Process Overview

Sea Freight Export Shipping Process Overview

This article provides a detailed analysis of the key steps in ocean freight export shipping, including reviewing letters of credit, preparing goods for inspection, booking cargo, arranging insurance, consolidating shipments, customs declaration, and loading. It offers practical operational guidelines to significantly enhance the efficiency of ocean freight exports, thereby laying a solid foundation for international trade.

07/22/2025 Logistics Encyclopedia
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Key Strategies for Improving Warehouse Management Efficiency in Manufacturing Enterprises

Key Strategies for Improving Warehouse Management Efficiency in Manufacturing Enterprises

This article explores common issues and solutions in warehouse management for manufacturing enterprises, emphasizing the importance of material flow and management principles. It proposes measures to enhance employee accountability and introduces guidelines for rational warehouse planning and the adoption of new technologies. These strategies aim to achieve efficient warehouse management and enhance the competitiveness of enterprises.

11/30/-0001 Warehousing
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Air Canada Expands Global Reach with Strategic Beijing Routes

Air Canada Expands Global Reach with Strategic Beijing Routes

This article provides detailed information about Air Canada's (AC) international flights originating from Beijing (PEK) and relevant operational considerations. The flights cover numerous major cities in North and South America. The specific procedures and costs include fuel and security surcharges, documentation requirements, and cargo handling regulations. Accurate operational guidelines help ensure efficient and safe cargo transportation.

07/28/2025 Airlines
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British Airways Expands Cargo Network with Key European Routes

British Airways Expands Cargo Network with Key European Routes

This article provides an in-depth analysis of international flights operated by British Airways from Beijing, covering flight information, operational guidelines, and important considerations. It particularly emphasizes additional fees, security requirements, and necessary customs clearance documents, aiming to assist shippers and logistics companies in minimizing transportation risks, optimizing costs, and ensuring smooth customs clearance for their goods.

07/28/2025 Logistics
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Kazakhstan's Nur-Sultan Airport Adopts New IATA Code NQZ

Kazakhstan's Nur-Sultan Airport Adopts New IATA Code NQZ

The three-letter airport code for Nursultan Nazarbayev International Airport was officially changed to 'NQZ' on June 8, 2020. Kazakhstan began the application process for this change in 2014. Despite the International Air Transport Association's guidelines on fixed codes, the request was granted. This change enhances the airport's international image and will be reflected in all relevant documents.

07/29/2025 Airport Codes
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Instagram Notes A Guide to Boosting Engagement

Instagram Notes A Guide to Boosting Engagement

Instagram Notes is a new feature that allows users to share thoughts, status updates, and ideas using up to 60 characters. This article details the functionality, usage, and advanced tips for Instagram Notes, helping users master the feature and enhance social interaction. It also reminds users to adhere to community guidelines and exercise caution when experimenting with Notes.

01/04/2026 Customs Knowledge
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Philippines East West Bank Streamlines Transfers With Swift Codes

Philippines East West Bank Streamlines Transfers With Swift Codes

This article details the SWIFT code EWBCPHMMXXX for East West Bank in the Philippines and its usage guidelines. It emphasizes the importance of an accurate SWIFT code for international money transfers and provides practical advice to ensure smooth transactions. This includes verifying information and selecting appropriate transfer methods. The aim is to help users avoid delays and errors in their remittances.

09/03/2025 International Settlement
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Cargo Storage and Loading Operations Guide for Consolidated Shipments

Cargo Storage and Loading Operations Guide for Consolidated Shipments

This article outlines a series of operational procedures that should be followed during the storage and loading process of LCL (Less than Container Load) cargo. It includes guidelines for handling damaged packaging, requirements for stacking goods, and considerations for ensuring transportation safety. Through refined management and standardized operations, the safety of LCL cargo transportation can be effectively guaranteed, reducing losses and risks.

07/15/2025 Logistics Encyclopedia
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