Bank of China Simplifies SWIFT Codes for Global Transfers

Bank of China Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of the Bank of China's SWIFT code, BKCHCNBJ200, highlighting its critical role and structural meaning in international remittances. It offers guidance on using the SWIFT code correctly and avoiding common errors. The aim is to help readers better understand and apply SWIFT codes, ensuring the security and efficiency of cross-border money transfers. It covers essential aspects for both senders and recipients to facilitate smoother and more reliable international transactions through Bank of China.

09/03/2025 International Settlement
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Guide to Mastering Accurate and Efficient Invoicing

Guide to Mastering Accurate and Efficient Invoicing

This article introduces the basic requirements and precautions for filling out invoices, including overall standards, modification rules, and the use of continuation sheets. It emphasizes the importance of invoices as the foundation for document preparation and summarizes the main structural elements of an invoice. The aim is to help readers improve the efficiency and quality of invoice filling. It covers key aspects like accurate data entry and adherence to established guidelines to ensure compliance and minimize errors in financial record-keeping.

09/26/2025 Document Interpretation
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Strong Consumer Demand Fails to Lift Freight Sector

Strong Consumer Demand Fails to Lift Freight Sector

At the SMC3 Jump Start 2024 Conference, Armada's Prather pointed out a "decoupling" between the positive macroeconomic indicators and the cooling freight market. This is attributed to various factors including shifts in consumption patterns, adjustments in inventory management strategies, regionalization of supply chains, and technological advancements. Consequently, it's no longer reliable to solely rely on macroeconomic indicators to predict the performance of the freight market. These structural changes necessitate a more nuanced approach to understanding the dynamics of freight demand.

01/28/2026 Logistics Industry Insights
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Global Air Freight Costs Rise Amid Supply Chain Disruptions

Global Air Freight Costs Rise Amid Supply Chain Disruptions

Structural tightness persists in international air freight capacity due to delayed freighter deliveries and uneven recovery of passenger belly capacity, creating a supply-demand imbalance. Demand growth is projected to surpass supply by 2026, driving up freight rates, particularly on European routes. Higher value-added goods will experience greater rate increases. Long-term contracts are becoming prevalent, urging businesses to plan ahead and mitigate potential impacts. This analysis highlights the need for proactive strategies to navigate the evolving air cargo market.

01/11/2026 Logistics Industry Insights
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China Shifts Foreign Trade Focus to Sustainability by 2025

China Shifts Foreign Trade Focus to Sustainability by 2025

By 2025, China's foreign trade will shift away from a reliance on scale and achieve steady growth. Emerging markets will become the primary engine of growth, with a surge in exports of high value-added products, led by the 'new three'. The role of private enterprises will be strengthened, and trade patterns will diversify. Coastal regions will remain the main force, while central and western regions will accelerate their rise. China's foreign trade is transitioning from 'scale resilience' to 'structural resilience'.

02/12/2026 Logistics Industry Insights
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Pandemic Job Market Offers Opportunities Despite Uncertainty

Pandemic Job Market Offers Opportunities Despite Uncertainty

The pandemic has created a polarized job market. While large companies are expanding and aggressively hiring, small and medium-sized enterprises are struggling. Structural changes in industry and job demand are evident, with job seekers prioritizing stability over higher salaries. Job seekers need to enhance their competitiveness, while companies should accelerate digital transformation and optimize their talent structure to prepare for the upcoming hiring peak. The focus has shifted from aggressive career advancement to securing stable employment in a rapidly evolving landscape.

02/11/2026 Logistics Industry Insights
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Datadriven Breakthroughs Boost Wind Turbine Concrete Strength

Datadriven Breakthroughs Boost Wind Turbine Concrete Strength

The lack of high-strength concrete standards for wind power hybrid towers is a key focus of the REETC conference. This project aims to establish a database and indicator system to support hybrid tower design and promote the safe development of the technology. It will address the existing gap in standardization and provide a foundation for future advancements in the field. The developed database and indicators will be crucial for ensuring the structural integrity and longevity of wind power hybrid towers.

02/11/2026 Logistics Industry Insights
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US Rail Freight Volumes Drop in Late July

US Rail Freight Volumes Drop in Late July

Data from the Association of American Railroads shows that U.S. rail carloads and intermodal traffic both declined year-over-year in late July. Performance varied across specific categories, with year-to-date figures showing mixed results. Multiple factors, including macroeconomic conditions, supply chains, competition, structural changes, and geopolitics, are intertwined. While technological innovation, sustainable development, and infrastructure investment present opportunities, the rail industry must actively address challenges to achieve recovery. The overall outlook remains uncertain as the industry navigates these complex dynamics.

02/11/2026 Logistics
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US Rail Freight Mixed Carloads Rise Intermodal Falls

US Rail Freight Mixed Carloads Rise Intermodal Falls

The US rail freight market is showing a diverging trend: carload traffic is slightly increasing, while intermodal volume continues to decline. Coal and grain shipments are driving the growth in carload traffic, but slowing consumer demand and supply chain bottlenecks are contributing to the decrease in intermodal volume. Year-to-date data indicates that the decline in intermodal transportation is a long-term trend. Rail freight data reflects structural changes in the economy and provides valuable reference for business and government decision-making.

02/11/2026 Logistics
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US Rail Freight Slump Signals Economic Worries

US Rail Freight Slump Signals Economic Worries

Data from the Association of American Railroads reveals a decline in both U.S. rail freight and intermodal traffic for the week ending August 26th. Freight volume decreased by 3.9% year-over-year, while intermodal volume fell by 7.7%. Year-to-date figures present a mixed picture, with freight volume up slightly by 0.1% and intermodal volume down by 9.2%. The data suggests a slowing economic growth and structural shifts impacting the freight market, prompting businesses and investors to remain cautious.

02/11/2026 Logistics
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