Exporters Face Challenges With Abandoned International Shipments

Exporters Face Challenges With Abandoned International Shipments

Abandoned packages pose a significant risk to foreign trade businesses. This article analyzes abandoned package fees in various scenarios including transit, destination issues, customs clearance problems, and specific country regulations. It proposes effective strategies to mitigate this risk, such as accurate declaration, understanding relevant policies, communicating with recipients, selecting reliable logistics partners, and purchasing insurance. By implementing these preventative measures, businesses can minimize potential losses associated with abandoned shipments and ensure smoother international trade operations.

01/26/2026 Logistics
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Strategies to Boost Industrial Exports for Higher Profits

Strategies to Boost Industrial Exports for Higher Profits

This article delves into the advantages of industrial goods foreign trade and recommends five high-profit product categories: hydraulic and pneumatic components, industrial cutting tools and abrasives, motors and transmission equipment, pumps and fluid equipment, and custom sheet metal and castings. It also provides practical product selection evaluation criteria and the ABC selection model, along with effective customer development strategies. The aim is to help SMEs and individual SOHOs succeed in the foreign trade sector.

01/27/2026 Logistics Industry Insights
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Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

With the support of the World Customs Organization, Mongolia successfully hosted a national workshop on the HS Nomenclature and Advance Rulings, aimed at enhancing the commodity classification skills of customs officials and addressing the increasingly complex challenges of international trade. Through international cooperation and experience exchange, Mongolian Customs is committed to improving efficiency, promoting trade facilitation, and contributing to national budget revenue. The workshop emphasized practical application and knowledge sharing to strengthen customs operations.

01/26/2026 Customs Knowledge
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Tonga Boosts Customs Audits with WCO Support

Tonga Boosts Customs Audits with WCO Support

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in Tonga, aiming to enhance customs modernization and facilitate trade. The WCO expert team engaged with various departments within Tonga Customs and external stakeholders to assess the existing system, provide recommendations for improvement, and share international best practices. This initiative is expected to help Tonga establish an efficient, transparent, and compliant PCA system, ultimately promoting trade facilitation and economic development.

01/26/2026 Customs Knowledge
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Leon Deng B2B Firms Must Embrace Digital Marketing to Succeed

Leon Deng B2B Firms Must Embrace Digital Marketing to Succeed

Marketing expert Deng Xianliang points out that foreign trade B2B enterprises should actively embrace online marketing, utilizing strategies such as long-tail keywords, differentiated marketing, and niche language markets, while remaining sensitive to new trends. He emphasizes that fully leveraging the advantages of the internet is crucial for foreign trade companies to expand their markets, reduce costs, and enhance their competitiveness. Embracing these digital strategies is essential for success in the modern global marketplace.

01/27/2026 Logistics Industry Insights
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US Auto Tariffs Spur Manufacturing Revival Supply Chain Shifts

US Auto Tariffs Spur Manufacturing Revival Supply Chain Shifts

US tariffs on automobiles and auto parts, intended to encourage manufacturing reshoring, are triggering a global automotive supply chain restructuring. US ports are responding to trade shifts by upgrading infrastructure, enhancing data analytics, and expanding inland transportation networks. Auto manufacturers and parts suppliers face both opportunities and challenges, requiring them to strategically adapt. The tariffs' impact necessitates a careful evaluation of sourcing, production, and distribution strategies to navigate the evolving global trade landscape.

01/26/2026 Logistics Industry Insights
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Newark Port A Comprehensive Overview of a Trade Hub on the US East Coast

Newark Port A Comprehensive Overview of a Trade Hub on the US East Coast

Newark Port serves as a major automotive and timber import hub on the East Coast of the United States, boasting a strategic location that links New York with international markets. It is not only an industrial center for Delaware but also plays a significant role in the economic development of the U.S. This article provides an in-depth analysis of the geographic, economic, and historical background of Newark Port.

07/24/2025 Port Encyclopedia
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Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Incoterms® are standard terms used in international trade that define the obligations, costs, and risks associated with the delivery of goods for both sellers and buyers. This article provides an in-depth exploration of the current Incoterms® 2020 version, explaining its applicable terms and significance. Understanding these terms helps businesses conduct transactions efficiently and accurately in the international market.

07/24/2025 Logistics Encyclopedia
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China-russia Collaboration on Arctic Route Development: The 'golden Passage' for Future Maritime Trade

China-russia Collaboration on Arctic Route Development: The 'golden Passage' for Future Maritime Trade

China and Russia have initiated cooperation on the Arctic shipping route, marking the first mention of this topic in a joint communiqué. As global warming progresses, the Arctic route is becoming increasingly viable, with the potential to significantly alter the global maritime trade landscape by 2030. This route is referred to as the 'golden waterway,' as it can shorten trade distances between China and Europe while reducing transportation costs. The two nations have also agreed on collaboration for the construction of Zarubino Port, enhancing future shipping support.

07/21/2025 Logistics
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