Shipping Industry Adapts to SOLAS VGM Compliance Challenges

Shipping Industry Adapts to SOLAS VGM Compliance Challenges

The SOLAS (Safety of Life at Sea) regulation regarding Verified Gross Mass (VGM) of containers presents new challenges for the shipping industry. Based on an interview with the President of INTTRA, this paper explores key issues in VGM compliance and offers strategies for addressing them, including early preparation, IT system optimization, and partner selection. VGM compliance will enhance supply chain transparency, strengthen risk management, accelerate technological innovation, and promote the unification of industry standards. Successfully navigating VGM requirements is crucial for efficient and safe maritime operations.

01/19/2026 Logistics Industry Insights
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Legal Guide Aids Firms in Managing Global Trade Risks

Legal Guide Aids Firms in Managing Global Trade Risks

This paper provides comprehensive legal risk control guidance for enterprises facing international trade risks under complex international economic and trade situations. It covers pre-event customer due diligence, contract optimization, and compliance system construction; mid-event applicable law and jurisdiction responses; and post-event cross-border enforcement remedies. Furthermore, it proposes strategies for dealing with US trade frictions, helping companies to steadily expand overseas. Aiming to provide a practical guide for navigating the complexities of international trade and ensuring compliance while mitigating potential risks.

01/30/2026 Customs Knowledge
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AI Reshapes Supply Chain Management Prospects and Hurdles

AI Reshapes Supply Chain Management Prospects and Hurdles

This paper explores the opportunities and challenges of artificial intelligence in supply chain management, emphasizing AI's potential in optimizing demand forecasting, inventory management, and risk identification. It also highlights issues such as data quality, cost, and complexity that impact its application. Successful implementation of AI requires the optimization of internal processes and the enhancement of personnel skills within the organization.

08/07/2025 Logistics Industry Insights
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BNL SPA Explains SWIFT Codes for Global Transfers

BNL SPA Explains SWIFT Codes for Global Transfers

This article analyzes the SWIFT code BNLIITRRARX of BANCA NAZIONALE DEL LAVORO S.P.A., emphasizing the specific meaning of each part and highlighting its importance in international remittances. Proper use of a SWIFT code ensures the security and timely delivery of funds. It is recommended that remitters verify the relevant bank information before making a transfer to reduce the risk of errors.

08/14/2025 International Settlement
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Key Strategies for Customs Valuation in Global Trade

Key Strategies for Customs Valuation in Global Trade

Customs valuation checks are common risk points in international trade. Businesses need to prepare various documents in advance, including commercial invoices, purchase contracts, and marine insurance policies, to verify the authenticity of the declared value of goods and mitigate potential tariff expenditure risks. Through thorough preparation and efficient document management, companies can better navigate customs challenges and ensure compliant operations.

08/05/2025 Customs Knowledge
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How Logistics Companies Can Effectively Prevent the Loss of Strategic Customers

How Logistics Companies Can Effectively Prevent the Loss of Strategic Customers

Logistics companies often face the risk of losing strategic major clients in a competitive environment and must take a multifaceted approach to prevention. This includes understanding customer needs, promoting organizational collaboration, monitoring signs of churn, responding to demand upgrades, and paying attention to decision-maker risks. Effective customer relationship management helps reduce churn and ensures the sustainable development of the enterprise.

07/23/2025 Logistics
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WCO and GS1 Collaborate to Enhance Global Trade Data Standards

WCO and GS1 Collaborate to Enhance Global Trade Data Standards

The World Customs Organization (WCO) collaborates with GS1 to build a more secure, efficient, and transparent global trade ecosystem through data-driven solutions. Their cooperation spans data standardization, risk management, and technological innovation, addressing global trade challenges and enhancing trade facilitation. This partnership aims to contribute to global economic prosperity by promoting streamlined processes and improved security measures within international trade.

01/05/2026 Customs Knowledge
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Global Customs Crackdown Nets 213 Million Fake Goods

Global Customs Crackdown Nets 213 Million Fake Goods

Operation TIGRE 3, a joint customs initiative, seized 21.3 million counterfeit and pirated items worldwide. Coordinated by the World Customs Organization, the operation involved customs administrations globally using risk analysis and international cooperation to effectively combat the cross-border flow of fake goods. This action significantly contributes to cleaning up the market environment, protecting intellectual property rights, and safeguarding consumer interests.

12/30/2025 Customs Knowledge
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WCO Europe Conference Focuses on Streamlining Global Trade

WCO Europe Conference Focuses on Streamlining Global Trade

The 2010 WCO European Regional Heads of Customs Conference, held in Macedonia, focused on key issues such as trade security and facilitation, globally networked customs, and risk management. The conference reviewed WCO's work, discussed challenges faced by customs administrations, and promoted the exchange of experiences through case studies. The aim was to improve customs management and promote international trade development.

12/30/2025 Customs Knowledge
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Amazon Sellers Targeted by Fake Website Scams

Amazon Sellers Targeted by Fake Website Scams

Malicious complaints on Amazon are escalating, with independent websites emerging as new attack vectors. Sellers should be wary of tactics like malicious listing modifications, cross-site review merging, and fake discount code incentivized reviews. Enhanced platform regulation is crucial. Sellers need to improve their intellectual property protection awareness, proactively address complaints, seek legal assistance when necessary, and strengthen their overall risk resilience.

01/04/2026 Logistics Industry Insights
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