This guide provides detailed instructions on how to correctly fill in the 'Transaction Terms' section of the Export Goods Customs Declaration. It outlines the steps and considerations for various international trade terms such as FOB, C&F, and CIF. This not only helps improve customs efficiency but also reduces transaction risks, making it an essential reference for anyone engaged in international trade.
This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.
The Prologis IBI Index indicates a turning point in logistics real estate demand, with the Q3 activity index reaching 53. Net absorption, new lease signings, and project pipelines all show healthy growth. E-commerce and large enterprises are driving the increase, but trade volatility introduces uncertainty. The market recovery is non-linear, and businesses need to pay close attention to international trade developments.
Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.
The WCO assisted Bahrain in enhancing its Post-Clearance Audit (PCA) and Pre-Arrival Processing (PAP) capabilities to align with the WTO Trade Facilitation Agreement. Bahrain committed to applying the acquired knowledge and skills. The WCO will continue to support Bahrain's customs modernization efforts. This assistance aims to improve efficiency and effectiveness in customs procedures, ultimately facilitating trade and economic growth for Bahrain.
Goose Bay Airport (YYR) is a significant airport in Newfoundland and Labrador, Canada. As a customs airport and a crucial transatlantic diversion point, it connects North America and Europe. This article delves into YYR's geographical location, route network, and strategic importance, revealing its vital role in international air transport. It serves as a key backup for flights crossing the Atlantic, providing a safe haven in case of emergencies. Its location makes it an invaluable asset for airlines operating long-haul routes.
London Gatwick Airport (LGW) is a vital air cargo hub in the UK, strategically located with a dual-runway configuration and modern terminal facilities. It offers a comprehensive range of full-service, low-cost, and charter operations, boasting a global route network. With consistent passenger growth, LGW holds significant cargo potential, making it an ideal gateway connecting Europe to the world. Its infrastructure and location position it well for further development as a key player in European freight and logistics.
All Nippon Airways (ANA) Cargo has launched a dedicated cargo flight route between Hangzhou and Tokyo, operating twice weekly with a Boeing 767F freighter. This new service aims to meet the growing demand for cross-border e-commerce and electronic product transportation between China and Japan. ANA will also handle cargo transiting through Tokyo to destinations in Europe and the United States. This expansion of ANA's cargo capacity demonstrates its commitment to providing efficient and reliable global transportation services to its customers.
This paper delves into the critical elements of booking window management for the China-Europe Railway Express within international freight forwarding. It emphasizes the importance of balancing capacity supply and customer demand. By analyzing the correlation between window period rules and operational risks, and strategies for optimizing end-to-end transit times, the study provides freight forwarding companies with data-driven solutions to enhance operational robustness. The aim is to assist businesses in achieving both efficiency and cost optimization in railway transportation.
Starting from January 10, 2023, China Eastern Airlines implemented new free checked baggage standards for flights to Europe, Australia, and Japan. Economy class passengers can check in two pieces of luggage, each weighing up to 23 kg; business class and premium economy passengers can check in pieces weighing 32 kg each; first-class passengers can check in three pieces. Additionally, members enjoy extra baggage privileges. The new standards aim to enhance service experience and cater to the diverse needs of passengers.
