Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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China Expands Firstclass Ports to Boost Trade and Security

China Expands Firstclass Ports to Boost Trade and Security

This article delves into the definition, types (airports, seaports, land ports), and strategic significance of Class A Ports. It also lists major Class A Ports in China. As crucial gateways for national opening-up, Class A Ports play a key role in promoting international trade, attracting foreign investment, and driving regional economic development. They are vital infrastructure facilitating cross-border movement of goods and people, contributing significantly to China's engagement in global commerce and economic growth.

09/26/2025 Logistics Encyclopedia
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Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Bunker Adjustment Factor (BAF) is closely linked to international crude oil prices. Brent Crude is a global benchmark, and OPEC production cuts and Iranian sanctions are key factors driving prices up. Businesses should closely monitor crude oil market dynamics, optimize shipping routes, lock in freight rates, and diversify risks to effectively control logistics costs. By understanding these factors and implementing proactive strategies, companies can mitigate the impact of fluctuating fuel prices on their supply chains and maintain profitability.

11/03/2025 Logistics Encyclopedia
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Formosa Airport Codes Deciphering FMA Vs SARF

Formosa Airport Codes Deciphering FMA Vs SARF

This article provides a detailed explanation of the IATA code (FMA) and ICAO code (SARF) for Formosa International Airport in Argentina. It clarifies the differences and applications of these two codes and offers practical methods for looking up airport codes. The aim is to help readers understand the airport code system clearly, facilitating travel planning and aviation knowledge acquisition. It covers the purpose of each code and how they are used in different contexts within the aviation industry.

11/03/2025 Airport Codes
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WCO Program Enhances South African Tax Authority Efficiency

WCO Program Enhances South African Tax Authority Efficiency

The World Customs Organization (WCO) held a Leadership and Management Development Workshop in South Africa to support the South African Revenue Service (SARS) in enhancing the capabilities of its middle managers and driving organizational reform. The workshop emphasized the importance of self-awareness, strategic management, people management, communication skills, and change management. Follow-up cooperation is planned to develop a regional center of expertise. Leadership and management development are crucial for organizational success, requiring continuous learning and practice.

01/05/2026 Customs Knowledge
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Tariff Hikes Deter Sellers From Amazon Prime Day

Tariff Hikes Deter Sellers From Amazon Prime Day

Due to tariff impacts, some Amazon sellers may cancel Prime Day promotions. High tariffs are driving up costs, putting pressure on seller profits and forcing them to re-evaluate their participation strategies. Sellers are actively seeking solutions, including raising prices or finding alternative sources of supply. This 'tariff storm' reflects the challenges faced by cross-border e-commerce and deserves attention. Sellers are trying to mitigate the negative effects of tariffs on their business during this important sales event.

12/30/2025 Customs Knowledge
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Amazon Sellers Boost ROI with Offplatform Ad Attribution

Amazon Sellers Boost ROI with Offplatform Ad Attribution

Amazon Attribution is a powerful tool for brand sellers to track and optimize the performance of their off-Amazon advertising. By accurately measuring conversion rates across different advertising channels, optimizing ad strategies, and gaining insights into customer behavior, it helps sellers improve advertising ROI and break through growth bottlenecks. Additionally, sellers can earn up to 10% in referral bonuses, accelerating non-Amazon marketing growth. Mastering Amazon Attribution is a key factor for sellers to gain a competitive edge.

01/04/2026 Logistics Industry Insights
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Chinese Sellers Gain Traction on Walmart Rivaling Amazon

Chinese Sellers Gain Traction on Walmart Rivaling Amazon

The proportion of Chinese sellers on Walmart's e-commerce platform is rapidly increasing, now exceeding half of new sellers. While US sellers still dominate, the rise of Chinese sellers may reshape the competitive landscape between Walmart and Amazon. Walmart is actively pursuing various strategies to catch up with Amazon, but it maintains stricter requirements for seller onboarding. This shift highlights the growing influence of Chinese sellers in the global e-commerce market and the intensifying competition among major platforms.

01/04/2026 Logistics Industry Insights
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Amazon Sellers Guide to Optimizing FBA Shipping Plans

Amazon Sellers Guide to Optimizing FBA Shipping Plans

This article provides a detailed explanation of the shipment plan configuration process in the Amazon Seller Central. It offers a seven-step strategy to help you easily handle FBA shipments and optimize inventory management. Mastering the shipment plan configuration is crucial for successful Amazon sellers. Learn how to effectively set up your shipping plans to streamline your FBA operations and maintain optimal stock levels. This guide provides practical insights for efficient and profitable inventory management through FBA.

01/04/2026 Logistics Encyclopedia
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Amazon Sellers Warned of Four Peak Season Profit Pitfalls

Amazon Sellers Warned of Four Peak Season Profit Pitfalls

This article reveals four common mistakes Amazon sellers make during peak season: blindly stocking up, flawed discount settings, neglecting seasonality, and lacking after-sales service. It provides solutions to help sellers avoid these pitfalls and maximize profits. The importance of data-driven decisions, accurate inventory management, rigorous review, proactive planning, and high-quality after-sales service are emphasized. By addressing these key areas, sellers can increase their chances of success during the peak season and achieve optimal results.

01/06/2026 Logistics Industry Insights
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