Customs Settlement Methods Code Explanation and Class Analysis

Customs Settlement Methods Code Explanation and Class Analysis

This article provides a detailed analysis of customs settlement method codes, focusing on common methods such as letters of credit, telegraphic transfers, checks, and collections. It categorizes the advantages and disadvantages of each settlement method and discusses their applicable scenarios. Additionally, the article explores customs definitions of settlement methods and their application in international trade. The diversity of settlement methods caters to different trade needs, ensuring transaction security and flexibility.

07/21/2025 International Settlement
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African Trade Requires ECTN for Smooth Customs Clearance

African Trade Requires ECTN for Smooth Customs Clearance

The Electronic Cargo Tracking Number (ECTN No.) is a crucial document required for exports to African countries to ensure smooth customs clearance. Many African nations, including Nigeria, Senegal, and Guinea, mandate obtaining this number before shipment to avoid customs issues and fines. Shippers should inquire about the relevant regulations from the consignee during the application process. Understanding the importance of this registration significantly enhances the efficiency of international trade.

07/28/2025 Logistics Encyclopedia
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E-Commerce Giants and Carriers Clash Over Data Control in Logistics

E-Commerce Giants and Carriers Clash Over Data Control in Logistics

The e-commerce logistics sector is undergoing a data competition, with platform companies intensifying control over data, leading to conflicts among courier companies. Meanwhile, the application of the sharing economy model in logistics is gradually maturing; however, market regulation and standards remain inadequate. Future legislation may be required to ensure data utilization and sharing rights. Logistics enterprises need to emphasize standardization and technological innovation to enhance market competitiveness and operational efficiency.

07/28/2025 Logistics Industry Insights
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Logistics Key to Boosting Crossborder Ecommerce Sales

Logistics Key to Boosting Crossborder Ecommerce Sales

This paper delves into how cross-border e-commerce can improve logistics efficiency by optimizing warehousing and transportation. It offers differentiated strategic advice for SMEs and large enterprises from perspectives like spatial layout, inventory management, technology application, transportation mode selection, logistics network construction, and customs clearance efficiency improvement. This aims to help businesses stand out in the fierce market competition by significantly improving delivery times and optimizing warehouse operations.

01/05/2026 Logistics
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Philippines Kenya Simplify Customs to Boost Trade

Philippines Kenya Simplify Customs to Boost Trade

In 2010, the Philippines and Kenya acceded to the Revised Kyoto Convention, signifying their commitment to simplifying customs procedures and promoting international trade facilitation. The Convention aims to enhance trade efficiency, reduce costs, and foster global economic growth through streamlined processes, the application of information technology, risk management, and strengthened cooperation. The promotion and effective implementation of the Convention are crucial for building a more open and interconnected global trading system.

12/30/2025 Customs Knowledge
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Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.

12/30/2025 Customs Knowledge
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IATA Certification Expands Global Shipping Opportunities

IATA Certification Expands Global Shipping Opportunities

This article provides a detailed interpretation of the value and application process of IATA freight forwarder accreditation, as well as how the CASSLink system simplifies settlement and improves efficiency. Obtaining IATA accreditation helps companies gain the trust of airlines, join the global distribution network, and enhance their corporate image. CASSLink assists companies in optimizing operations, reducing costs, and expanding global business through standardized electronic billing and automated settlement functions.

12/30/2025 Airlines
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Amazon Sellers Urged to Combat Listing Hijackers Sans Brand Registry

Amazon Sellers Urged to Combat Listing Hijackers Sans Brand Registry

This article addresses the issue of cross-site listing hijacking faced by Amazon sellers, providing an effective strategy to quickly remove hijackers without brand registry. Through detailed operational steps and case analysis, it helps sellers solve the problem of cross-site hijacking and protect their rights. The method focuses on practical application and offers a viable solution for sellers seeking immediate relief from unauthorized listing activity across Amazon marketplaces.

01/04/2026 Customs Knowledge
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Guide to Launching a Successful Douyin Ecommerce Store

Guide to Launching a Successful Douyin Ecommerce Store

This article details the TikTok Shop application process, including qualification preparation, registration steps, and cost explanation. It also provides operational strategies for beginners, covering product selection, promotion, delivery, after-sales service, and experience score maintenance, helping you quickly get started with TikTok e-commerce. The guide aims to provide a comprehensive overview for new sellers to navigate the platform effectively and build a successful online business within the TikTok ecosystem.

01/06/2026 Logistics Encyclopedia
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Test Your Aviation Knowledge with IATA Airport Codes

Test Your Aviation Knowledge with IATA Airport Codes

Challenge your aviation knowledge with this IATA airport code quiz. This article delves into the structure, application, and memorization techniques of airport codes, helping you easily master these codes and travel the world. It explores how these codes are formed, their practical uses in the aviation industry, and provides helpful tips for remembering them. Test your understanding and improve your familiarity with these essential identifiers for airports worldwide.

01/06/2026 Airport Codes
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