Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Struggling with accounting for shipping freight invoices? This article provides a detailed explanation of the accounting process for shipping freight invoices, including setting up detailed accounts, accounting methods for different scenarios, the accounting process for general taxpayers, handling transportation documents, input tax deduction issues, and accounting for freight and insurance expenses for export companies. It helps you easily handle the accounting of shipping freight invoices.

02/06/2026 Customs Knowledge
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Freight Forwarding vs. Logistics: Key Differences in Global Trade

Freight Forwarding vs. Logistics: Key Differences in Global Trade

This article explores the differences between freight forwarding and logistics, as well as how freight forwarders operate. Freight forwarders are agents in the shipping process and are not actual carriers; they primarily handle booking and customs declaration. There are tier 1 and tier 2 freight forwarders, each with different qualifications and invoicing capabilities. Although tier 1 forwarders might have some booking rights, they are not always the best choice in terms of pricing and service. The role of freight forwarders is crucial, and shippers should select the right forwarder based on their needs.

07/28/2025 Logistics Encyclopedia
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Crossborder Ecommerce Simplifies US Shipping Customs

Crossborder Ecommerce Simplifies US Shipping Customs

This article focuses on cross-border e-commerce logistics, delving into key aspects such as ocean freight for Danish luxury goods, US DDP (Delivered Duty Paid) shipping, US ocean freight operation procedures, expedited ocean shipping, Singapore furniture shipping costs, Amazon shopping tips, Canada ocean freight quotes, US ocean freight pre-clearance, FBA ocean freight dedicated lines, and Amazon US housing. The aim is to provide cross-border e-commerce sellers with comprehensive logistics solutions and practical information to optimize their shipping processes and navigate the complexities of international trade.

02/02/2026 Logistics
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Jifa Huan渤海 Leads NE Asia Feeder Shipping Via Datadriven Strategy

Jifa Huan渤海 Leads NE Asia Feeder Shipping Via Datadriven Strategy

Jifa Bohai Rim, backed by state-owned assets, a comprehensive route network, and digital services, has become a significant force in Northeast Asian shipping. The company enhances operational efficiency and solidifies its leading position in Northern China's feeder shipping market. Leveraging digital operations, it streamlines processes and improves customer experience, contributing to its overall competitiveness and sustainable growth within the Bohai Rim region. This enables Jifa to better serve its customers and maintain its dominance in the regional shipping landscape.

01/06/2026 Shipping Company Encyclopedia
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Ant Group Invests 200M in ANEXT Bank to Expand in Southeast Asia

Ant Group Invests 200M in ANEXT Bank to Expand in Southeast Asia

Ant Group has injected another SGD 200 million into its wholly-owned subsidiary, ANEXT Bank, bringing the total investment to USD 502.61 million. This reflects Ant Group's commitment to deepening its presence in the Southeast Asian digital finance market. Despite facing losses, ANEXT Bank, a key strategic foothold for Ant Group in Southeast Asia, will benefit from this capital injection. This will enhance its market competitiveness and help it achieve greater breakthroughs in the Southeast Asian digital finance sector.

02/12/2026 International Settlement
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Crossborder Ecommerce Grows As Huakai Yibai Acquires Tongtuo UPS Expands in Asia

Crossborder Ecommerce Grows As Huakai Yibai Acquires Tongtuo UPS Expands in Asia

The cross-border e-commerce sector is dynamic. Huakai Yibai plans to acquire Topo Technology, while UPS strengthens its Hong Kong logistics hub. YunTu Logistics launches a Xiamen-Miami cargo route. JD.com expands its Dutch warehouse, and BigCommerce reports strong performance. Amazon subleases warehouses in the US. TikTok Shop partners with Indonesia's Tokopedia, and IATA data shows an increase in air cargo volume. Competition intensifies as companies actively deploy global strategies.

02/11/2026 Logistics
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Kuala Lumpur Tops Asiapacific Air Hubs As Tokyo Narita Rises

Kuala Lumpur Tops Asiapacific Air Hubs As Tokyo Narita Rises

OAG reports Kuala Lumpur International Airport as the most connected airport in Asia-Pacific, with Tokyo Narita Airport showing significant improvement. Overall, Asia-Pacific airports have risen in rankings, driven by tourism demand, regional economic growth, and improved aviation infrastructure. Shanghai Pudong Airport leads in destination count. Future Asia-Pacific aviation hubs need to strengthen construction, optimize networks, enhance services, and embrace digital transformation to maintain their competitive edge and cater to evolving passenger needs and cargo demands.

01/07/2026 Logistics Industry Insights
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China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
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Trucking Industry Sees Mixed Demand in Economic Recovery

Trucking Industry Sees Mixed Demand in Economic Recovery

The U.S. freight market is experiencing divergence: industrial and energy demands are weak, while retail demand remains strong. Although overall freight volumes have declined, the market shows signs of recovery. This split performance highlights the changing dynamics within the freight sector, with some segments struggling while others thrive. The ATA data likely reflects this divergence, requiring careful analysis to understand the underlying trends and future outlook for different freight segments.

02/12/2026 Logistics Industry Insights
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