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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US Maritime Market Key Insights on FMC Licensing

US Maritime Market Key Insights on FMC Licensing

This article provides a detailed analysis of the key steps for non-US companies seeking FMC (Federal Maritime Commission) licensing to enter the US-China shipping market. It covers essential aspects such as obtaining an FMC license, providing financial security, and tariff filing. The article emphasizes the importance of compliant operation within the regulatory framework governing ocean transportation between the US and China. Understanding and adhering to these regulations is crucial for successful and sustainable participation in this significant trade lane.

08/21/2025 Logistics Encyclopedia
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US Importers Face Challenges Amending Ocean Bills of Lading

US Importers Face Challenges Amending Ocean Bills of Lading

Can the consignee on an ocean bill of lading be changed after the goods arrive in the US? This article delves into the rules governing changes to ocean bills of lading, covering different bill of lading types, operational procedures, and risk prevention measures. It helps you clarify your thinking and safely complete the consignee change process. Understanding the nuances of bill of lading amendments is crucial for maintaining control over cargo ownership and ensuring smooth import operations. This guide offers practical insights into navigating this complex process.

09/26/2025 Document Interpretation
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Flexport Data Reveals Global Shipping Delays

Flexport Data Reveals Global Shipping Delays

The Flexport Ocean Timeliness Indicator (OTI) is a crucial tool for measuring global ocean freight stress. It tracks containers from factory to destination port, providing weekly data for Transpacific and Far East routes. By analyzing the OTI and its First Mile Index, businesses can understand current ocean shipping conditions, forecast future trends, optimize supply chain strategies, and improve decision-making efficiency. The OTI offers valuable insights into the complexities of ocean freight, enabling proactive responses to potential disruptions and enhancing overall supply chain resilience.

11/03/2025 Logistics Industry Insights
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US Air Freight Enhances Crossborder Efficiency

US Air Freight Enhances Crossborder Efficiency

This article analyzes how the air freight service in the United States achieves high efficiency in cross-border transport through effective integration of air transportation and last-mile delivery, intelligent processing of customs clearance, dynamic routing algorithms, and comprehensive data management across the entire supply chain.

08/04/2025 Logistics Encyclopedia
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Global Ecommerce Surges During Peak Trade Seasons

Global Ecommerce Surges During Peak Trade Seasons

The international trade peak season primarily occurs from May to December, with ocean freight, express delivery, air freight, and dedicated line logistics each having their strengths. Peak seasons in Europe and the US are concentrated in summer and the holiday season, while emerging markets see peaks in winter. Unexpected events can influence peak season trends, and the off-season is ideal for transporting bulk goods. Cross-border e-commerce sellers should flexibly adjust their inventory and logistics strategies to seize business opportunities.

11/03/2025 Logistics
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China Postal Airlines Expands Global Freight Routes

China Postal Airlines Expands Global Freight Routes

China Postal Airlines has increased the frequency of its 'Nanjing-Luxembourg' flight from once a week to twice weekly, significantly enhancing its international business capabilities. This move improves network density, reduces operational costs, and promotes the development of global cargo services.

08/04/2025 Airlines
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China Clarifies Railway Freight Damage Compensation Rules

China Clarifies Railway Freight Damage Compensation Rules

This article provides a detailed interpretation of the compensation mechanisms for cargo damage and discrepancies in railway freight. It clarifies the boundaries of responsibility for railway transportation companies, compares compensation methods for insured and uninsured transportation, and introduces the compensation process for insured goods. The aim is to help consignors and consignees better understand their rights and protect their legitimate interests in the event of loss or damage during railway freight transport. This includes understanding the procedures and requirements for filing a claim and receiving appropriate compensation.

09/26/2025 Logistics Encyclopedia
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Flexport Expands German Trade Operations for Global Growth

Flexport Expands German Trade Operations for Global Growth

Flexport empowers German trade by simplifying complex logistics through a robust local network, leading technology platform, and expert service team. We automate order management and facilitate supplier collaboration. Optimizing ocean and air freight solutions, we offer efficient customs clearance and trade consulting to help you navigate the global market seamlessly. Let us streamline your supply chain and unlock new opportunities for your business in Germany and beyond.

11/03/2025 Logistics
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Global Shipping Costs Surge for Bulk Cargo Shippers

Global Shipping Costs Surge for Bulk Cargo Shippers

This article provides an in-depth analysis of international LCL (Less than Container Load) ocean freight rates. It details various calculation methods for basic freight (based on weight tons, volume, ad valorem, etc.) and different types of surcharges, such as overweight charges, port congestion surcharges, and bunker adjustment factors (BAF). The article also offers practical advice on reducing ocean freight costs, helping shippers make informed decisions and optimize their logistics expenses. This aims to empower cargo owners to smartly manage and minimize their overall shipping costs.

11/03/2025 Logistics Encyclopedia
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