Guide to Optimizing VGM Fees in Global Shipping

Guide to Optimizing VGM Fees in Global Shipping

This article provides an in-depth analysis of the VGM (Verified Gross Mass) fee in international shipping, covering its composition, calculation methods, timeliness requirements, and common issues. It aims to help foreign trade enterprises understand the importance of VGM, master cost control techniques, avoid unnecessary losses and delays, and improve international shipping efficiency. The article explores the various factors contributing to the VGM fee and offers practical guidance to navigate the complexities of VGM compliance, ultimately assisting businesses in optimizing their container transportation processes and minimizing potential disruptions.

01/26/2026 Logistics Encyclopedia
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Air Cargo Industry Adopts New Measures to Reduce Perishable Spoilage

Air Cargo Industry Adopts New Measures to Reduce Perishable Spoilage

Losses in air freight of perishable goods are increasingly prominent, directly impacting product quality and economic benefits. This paper proposes three key strategies to mitigate these losses: strengthening temperature control management, optimizing operational procedures, and emphasizing talent development. These measures aim to help businesses reduce spoilage and ensure safe delivery of goods. Furthermore, the importance of utilizing platforms like TACT Online to stay informed about industry trends and improve service quality is highlighted. Ultimately, these combined efforts will contribute to a more efficient and reliable cold chain for perishable air cargo.

01/27/2026 Logistics Industry Insights
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Global Ecommerce Growth Driven by Overseas Warehousing

Global Ecommerce Growth Driven by Overseas Warehousing

This article provides an in-depth analysis of the concept, types, and advantages of overseas warehouses. It also compares overseas warehouses with FBA (Fulfillment by Amazon). As a crucial logistics solution for cross-border e-commerce, overseas warehouses effectively shorten delivery times and reduce costs, helping sellers expand into overseas markets. They offer greater control over inventory and fulfillment, potentially leading to improved customer satisfaction and increased sales in international markets. Understanding the nuances of overseas warehousing is essential for businesses aiming to succeed in the global e-commerce landscape.

08/22/2025 Logistics Encyclopedia
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Addiko Bank Bosnia Releases SWIFT Code Guide for Crossborder Transfers

Addiko Bank Bosnia Releases SWIFT Code Guide for Crossborder Transfers

This article provides a detailed analysis of the SWIFT code HAABBA22XXX for Addiko Bank Bosnia and Herzegovina. It emphasizes the importance of using the correct SWIFT code for cross-border money transfers and offers practical advice on avoiding code errors. The article also highlights key considerations for international remittances, aiming to help readers successfully complete their international transactions. Accurate SWIFT code usage is crucial for ensuring funds reach the intended recipient efficiently and securely. This guide provides the necessary information for individuals and businesses engaging in international banking with Addiko Bank.

09/01/2025 International Settlement
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Stanbic IBTC Bank Nigeria SWIFT Codes Ease International Transfers

Stanbic IBTC Bank Nigeria SWIFT Codes Ease International Transfers

This article provides a detailed overview of the SWIFT/BIC code SBICNGLXXXX for Stanbic IBTC Bank in Nigeria and its application in international money transfers. It emphasizes the importance of verifying the information and provides the necessary steps for receiving international payments. The aim is to help readers successfully complete cross-border remittances. Checking the SWIFT code and account details are crucial to ensure funds are correctly routed to the intended recipient in Nigeria. This guide simplifies the process for individuals and businesses involved in international transactions with Stanbic IBTC Bank.

09/01/2025 International Settlement
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Tulcea Airport Expands As Key Hub for Danube Delta Cargo

Tulcea Airport Expands As Key Hub for Danube Delta Cargo

This article provides an in-depth analysis of Tulcea Airport (TCE) in Romania and its role in international air freight. It details the airport's three-letter code, airport information, customs clearance requirements, and how to use the West Coast Freight three-letter code query system. The article highlights TCE's unique value as an air transport gateway to the Danube Delta and explores its future development potential. This serves as a practical guide for businesses looking to enter the regional market, offering key insights and essential information for successful air freight operations.

09/28/2025 Airport Codes
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Maersk Expands Supply Chain Solutions with Warehousing Services

Maersk Expands Supply Chain Solutions with Warehousing Services

This article details how to connect with Maersk to learn about their warehousing services and explores the advantages of Maersk's warehousing solutions. These benefits include global network coverage, customized solutions, advanced technology support, value-added services, and a commitment to sustainability. It provides various contact methods, such as online inquiries, contacting local offices, and attending industry exhibitions. The article also emphasizes the importance of accurately completing online forms to facilitate efficient communication with Maersk and optimize supply chains. This guide helps businesses effectively engage with Maersk for their warehousing needs.

09/28/2025 Warehousing
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Global Trade Demands Precise Customs Documentation for Smooth Exports

Global Trade Demands Precise Customs Documentation for Smooth Exports

This article provides a detailed overview of the key documentation requirements for customs declaration and inspection in international trade. It highlights the trend towards paperless customs processes and the necessary electronic documents. The article points out the need for prior inspection for specific products and lists various types of goods that require special attention. Additionally, it discusses the importance of certificates of origin, especially for sensitive products with strict requirements. This information helps businesses improve their awareness and response strategies during the export process to ensure smooth customs clearance.

07/29/2025 Customs Knowledge
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ERP Integration with Freight Data Cuts Costs Boosts Efficiency

ERP Integration with Freight Data Cuts Costs Boosts Efficiency

This paper explores the value enhancement of integrating freight data into enterprise ERP systems. By breaking down information silos and achieving comprehensive supply chain visibility, companies can reduce costs, improve efficiency, and mitigate risks. Through case study analysis, the paper illustrates the impact of freight data integration on different departments and forecasts future trends in intelligent freight data integration. Finally, it offers implementation recommendations, encouraging businesses to take immediate action and embark on their freight data integration journey. This integration empowers data-driven decision making across the entire supply chain.

12/30/2025 Logistics Industry Insights
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Amazon Expands Seller Access to 30 New European Markets

Amazon Expands Seller Access to 30 New European Markets

Amazon's European Export program has been significantly upgraded, allowing sellers to sell products to over 30 European countries and regions with just one European site. This program simplifies operations, reduces tax risks, and expands sales reach, offering Chinese sellers an excellent opportunity to expand into the European market. Both FBA and MFN are supported, providing sellers with flexible logistics options. This upgrade streamlines the process of exporting to Europe, making it easier for businesses to reach a wider customer base and grow their presence in the European e-commerce landscape.

01/04/2026 Logistics
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