Global Trade Relies on Switch Bills of Lading for Flexibility

Global Trade Relies on Switch Bills of Lading for Flexibility

This article provides an in-depth analysis of the concept, application scenarios, and risks associated with "Switch Bill of Lading" in international trade. As a flexible trade tool, switch bills of lading play a significant role in circumventing trade restrictions, complying with contractual requirements, protecting commercial secrets, and optimizing tariff strategies. However, readers are reminded to exercise caution when using switch bills of lading, choosing reputable carriers, and understanding relevant laws and regulations to ensure trade security. Careful consideration is crucial for mitigating potential risks and ensuring a smooth transaction.

09/26/2025 Logistics Encyclopedia
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WCO Tackles Customs Law Reform As Nationalism Grows

WCO Tackles Customs Law Reform As Nationalism Grows

The 13th World Customs Law Conference focused on customs law changes and multilateral trade system challenges against the backdrop of nationalism. The World Customs Organization (WCO) emphasized the crucial role of capacity building in addressing trade protectionism and presented its work in e-commerce. The conference also discussed issues such as the participation of Least Developed Countries in international trade, the EU Customs Code, and challenges for customs brokers. The aim was to promote trade facilitation and security, and to maintain the stability of the global trading system.

01/05/2026 Customs Knowledge
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WCO and IPPC Boost Global Trade with Stricter Plant Health Rules

WCO and IPPC Boost Global Trade with Stricter Plant Health Rules

The World Customs Organization (WCO) and the International Plant Protection Convention (IPPC) signed a cooperation agreement to promote the safety and efficiency of international trade in plants and plant products. The cooperation will focus on five key areas: electronic data exchange, e-commerce, sea containers, single windows, and communication and promotion. The aim is to build a safer and more efficient plant trade system, inject new vitality into global trade, and build a global community of plant health. This partnership will contribute to smoother and more secure international trade flows.

01/07/2026 Customs Knowledge
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Freight Booking Simplified Key Steps for Shipping Orders

Freight Booking Simplified Key Steps for Shipping Orders

This article provides a detailed explanation of key terms in foreign trade booking, including Booking, Booking Note, Booking Confirmation, and Shipping Order (S/O), highlighting their meanings and differences. It also offers practical booking procedures and essential considerations to help foreign trade professionals easily master booking skills and successfully conduct international trade. This guide aims to simplify the booking process and ensure smooth international shipping operations.

09/26/2025 Logistics Encyclopedia
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Exploring The Core Role Of Freight Forwarding In International Trade

Exploring The Core Role Of Freight Forwarding In International Trade

This article discusses the significance of international freight forwarding in the foreign trade sector, highlighting the intermediary role of freight forwarders between shippers and carriers. Freight forwarders coordinate various transportation stages, including booking, customs clearance, cargo transport, and delivery, ensuring that goods arrive at their destination safely and efficiently. Their clients include foreign trade companies and manufacturers, providing essential support for the smooth progression of international trade.

07/21/2025 Logistics Encyclopedia
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Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

08/06/2025 Logistics Industry Insights
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Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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China Cuba Launch First Direct Freight Route to Expand Trade

China Cuba Launch First Direct Freight Route to Expand Trade

On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.

07/02/2025 Logistics
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