Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka Forms Trade Panel to Spur Economic Growth

Sri Lanka established the National Trade Facilitation Committee (NTFC) to coordinate domestic departments in cross-border trade and promote the implementation of trade facilitation measures, thereby driving national economic development. The NTFC will be responsible for policy consultation, supervision and evaluation, strategic coordination, departmental coordination, problem identification and resolution, information center construction, and international cooperation. By optimizing trade processes and improving trade efficiency, it aims to promote economic growth. The NTFC is expected to streamline procedures and enhance Sri Lanka's competitiveness in the global market.

02/06/2026 Customs Knowledge
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Guide to 2026 SRDI Enterprise Recertification Success

Guide to 2026 SRDI Enterprise Recertification Success

This article focuses on the 2026 re-examination for Specialized and Innovative SMEs, analyzing the challenges and importance of this process. It emphasizes the value of choosing professional agencies to assist with the application. The article recommends five reputable agencies, including Shanghai Xiangying, Shanghai Chucui, Beijing Zhihe Huida, Shenzhen Defang Kechuangfu, and Hangzhou Kexiang, to help enterprises successfully pass the re-examination and continue to benefit from preferential policies. These agencies can provide expert guidance and support throughout the application process, increasing the likelihood of a positive outcome.

02/03/2026 Logistics Industry Insights
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Supply Chain Agility Boosted by Infor Nexus Realtime Analytics

Supply Chain Agility Boosted by Infor Nexus Realtime Analytics

Infor Nexus Control Center provides real-time visibility, predictive insights, and intelligent decision-making across the supply chain, enhancing agility and responsiveness. It empowers businesses to proactively manage disruptions, optimize inventory, and improve overall supply chain performance. By leveraging data-driven analytics, the Control Center enables informed decisions, leading to increased efficiency and reduced costs. Ultimately, it helps organizations build a more resilient and competitive supply chain.

01/26/2026 Logistics Industry Insights
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Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

08/21/2025 Document Interpretation
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Yangshan Port Faces Cost Challenges Under FOB Terms

Yangshan Port Faces Cost Challenges Under FOB Terms

This paper delves into the causes of Yangshan container pickup issues under FOB terms, highlighting cost control, supplier factors, and freight rates as key influencers. It proposes solutions such as optimizing resource allocation, negotiating with shipping companies, and seeking professional assistance. The aim is to help businesses reduce or avoid extra costs and safeguard their interests. The analysis emphasizes the importance of proactive measures in managing FOB-related risks and ensuring efficient supply chain operations. Effective strategies can lead to significant cost savings and improved profitability for businesses involved in international trade.

08/23/2025 Logistics Encyclopedia
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Naples Airport Expands Air Cargo Services with IATA Code Guide

Naples Airport Expands Air Cargo Services with IATA Code Guide

This article details the air freight operations at Naples Airport (NAP), including an overview of direct flight routes. It also highlights the three-letter code query system of West Bank Freight Network, emphasizing its massive data, authoritative updates, and convenient search functionality. This system helps users efficiently plan international air freight and offers a unique Pinyin initial code query rule. It's a valuable tool for anyone involved in air cargo logistics, providing quick and reliable information for optimizing shipping strategies and navigating the complexities of air freight codes.

09/29/2025 Airport Codes
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Egypts Cairo Airport Streamlines Customs Clearance Process

Egypts Cairo Airport Streamlines Customs Clearance Process

This article provides detailed information about Cairo International Airport (CAI), including its airport code, location, and customs clearance requirements, highlighting its status as a non-customs airport. It recommends the three-letter code search system and other practical tools offered by West Bank Cargo, aiming to assist shippers in more efficient and convenient air freight operations. This is particularly helpful when shipping to Egypt, enabling them to avoid delays and losses caused by inaccurate information. The article focuses on optimizing the air cargo process through readily available resources.

09/29/2025 Airport Codes
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Maersk Expands Ecommerce Logistics for Global Growth

Maersk Expands Ecommerce Logistics for Global Growth

Maersk upgrades its e-commerce logistics services, leveraging its global network and localized expertise to provide end-to-end solutions. These solutions encompass e-fulfillment, last-mile delivery, and cross-border shipping, empowering businesses to expand into international markets and enhance their cross-border e-commerce competitiveness. Technology-driven improvements enhance transparency and efficiency, creating a seamless 'factory-to-sofa' supply chain experience. This upgrade aims to provide a more integrated and streamlined logistics solution for businesses engaged in or looking to enter the global e-commerce landscape.

09/28/2025 Logistics
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Freight Forwarders Guide to Cutoff and Sailing Times

Freight Forwarders Guide to Cutoff and Sailing Times

This article provides an in-depth analysis of the freight forwarding term "Several Cut-offs and Openings," detailing the meanings and operational key points of various "cut-offs," including Customs Clearance Cut-off, AMS/ACI/ENS Cut-off, Documentation Cut-off, Cargo Cut-off, and ISF Filing. It aims to help foreign trade practitioners understand critical time nodes, avoid potential risks, and ensure smooth cargo transportation. The article clarifies the significance of each cut-off time in the international shipping process, enabling better planning and execution of shipments.

09/26/2025 Logistics Encyclopedia
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Air Freight Waivers for Fragile Goods Protection or Liability

Air Freight Waivers for Fragile Goods Protection or Liability

International air freight of fragile goods often requires a guarantee (air waybill guarantee) to transfer risk. The core of the guarantee lies in clarifying the division of responsibilities, but shippers still need to strengthen packaging to reduce damage. Guarantees are frequently needed for high-damage goods, LCL (Less than Container Load) shipments, and when carefully reviewing shipping routes. It is recommended to consult with professional logistics consultants and compare prices to choose a reliable channel. Proper packaging and route selection are crucial to minimizing potential damage during transit.

11/03/2025 Logistics Encyclopedia
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