Eastern Airlines Introduces New Baggage Policy

Eastern Airlines Introduces New Baggage Policy

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.

01/11/2023 Airlines
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Understanding Non-vessel Operating Common Carriers (NVOCC) And Their Role In Shipping

Understanding Non-vessel Operating Common Carriers (NVOCC) And Their Role In Shipping

Non-Vessel Operating Common Carriers (NVOCCs) play a crucial role in international ocean freight, acting as a bridge between shippers and actual carriers. Freight forwarders are responsible for the entire transportation process through signing transport contracts and issuing bills of lading. To operate as an NVOCC, specific conditions must be met, and a business registration certificate must be obtained. However, not all certified freight forwarders offer superior services or pricing; shippers should focus on selecting partners that best meet their needs.

Understanding Freight Rates and Charges in the Maritime Industry

Understanding Freight Rates and Charges in the Maritime Industry

This article discusses the meanings of freight rates and transport costs and their relationship. The freight rate is the price charged by carriers for transportation services, impacting the supply-demand balance in the shipping market. In contrast, transport cost is the remuneration paid by users according to the transportation contract, linked by a multiplicative relationship. Understanding the fluctuations in freight rates and their effects on transport costs helps shipping companies and cargo owners manage costs and make better business decisions.

Customs Clearance: Key to Smooth International Trade Operations

Customs Clearance: Key to Smooth International Trade Operations

This article delves into the significance of customs clearance in international trade, analyzing the clearance process and key considerations, emphasizing the necessity of preparing documents and adhering to legal regulations. By providing examples, it illustrates the advantages of engaging professional customs brokers as well as the special requirements and handling methods for specific goods. Understanding this knowledge will assist businesses in smoothly completing import and export transactions, avoiding delays and risks, thereby facilitating the smooth progression of international business activities.

WCO Revises Trade Rules to Enhance WTO Pact Compliance

WCO Revises Trade Rules to Enhance WTO Pact Compliance

The World Customs Organization (WCO) has updated its 'Implementation Guidance on Trade Facilitation,' integrating the latest tools and member practices to enhance the implementation of the WTO's Trade Facilitation Agreement (TFA). The new guidance covers areas such as transparency, customs-business cooperation, advance rulings, Authorized Economic Operator (AEO), border management, single window, customs brokers, transit, Globally Networked Customs, and National Trade Facilitation Committees. It provides more practical and comprehensive guidance for global trade facilitation, aiming to streamline processes and reduce trade costs.

US Firms Adapt to 2025 Tariffs with New Compliance Strategies

US Firms Adapt to 2025 Tariffs with New Compliance Strategies

US tariff policies are undergoing unprecedented changes. This seminar invites Flexport experts to deeply analyze the latest tariff trends, interpret the impact of policy changes on business, and provide practical response strategies to help companies succeed in the new era of customs affairs. We will cover key aspects of US tariffs, customs clearance best practices, and effective duty drawback strategies to minimize costs and maximize efficiency in your international trade operations. Learn how to navigate the evolving landscape and optimize your supply chain.

Shipping Industry Adopts New Pricing Models for Resilience

Shipping Industry Adopts New Pricing Models for Resilience

The ocean freight industry urgently needs transformation to build a more resilient global shipping system. Industry leaders discussed performance-based pricing models and product differentiation strategies, emphasizing technological innovation, business model reshaping, and relationship management optimization. By improving service quality, reducing transportation costs, and building trust, the industry can collectively promote transformation and upgrading. This includes exploring innovative pricing structures that reflect actual performance and differentiating services to cater to specific client needs, ultimately leading to a more efficient and customer-centric industry.

WCO Aids Argentina in Faster Customs Clearance Via Time Study

WCO Aids Argentina in Faster Customs Clearance Via Time Study

The World Customs Organization (WCO) held a virtual Time Release Study (TRS) workshop for Argentina Customs to support its first TRS, aiming to identify and improve bottlenecks in national clearance processes. The workshop covered TRS methodology, business process mapping, action plan development, and software applications. Argentine Customs officials drafted an action plan and expressed their commitment to implementing the TRS to enhance clearance efficiency and facilitate trade. The initiative is expected to streamline procedures, reduce delays, and improve overall customs performance in Argentina.

Alibabacom Enhances Overseas Strategy for US EU Sellers

Alibabacom Enhances Overseas Strategy for US EU Sellers

Alibaba.com has launched an "Overseas Spot Goods" recruitment program targeting the European and American markets. It aims to attract merchants with overseas warehousing capabilities, offering marketing promotion and distribution tool support. This initiative helps merchants improve logistics timeliness, reduce return rates, increase average order value, and boost repurchase rates. Alibaba.com anticipates adding over 5,000 localized service providers within the year, expanding its business scale and influence in the European and American markets. The program focuses on leveraging existing overseas warehouses for faster delivery.

ISSA and AEO Certification Boost Global Trade Security

ISSA and AEO Certification Boost Global Trade Security

The ISSA Council discussed the integration of the ISSA Standard with the World Customs Organization's (WCO) Authorized Economic Operator (AEO) concept. By combining ISSA's quality standards with AEO certification, the aim is to enhance supply chain security, customs clearance efficiency, and business competitiveness, thereby facilitating global trade and healthy development. This collaboration will contribute to establishing a more transparent, efficient, and secure international trade environment. The synergy aims to streamline processes and foster trust among stakeholders within the global supply chain.