Guide to Avoiding Costly Trade Errors With Incoterms

Guide to Avoiding Costly Trade Errors With Incoterms

This article provides an in-depth analysis of core maritime abbreviations used in foreign trade. Through case studies, risk mitigation strategies, and the establishment of standardized application systems, it aims to enhance practitioners' ability to use abbreviations effectively, reduce communication costs and risks in cross-border logistics, and ultimately improve companies' competitiveness in international logistics. It focuses on practical application and risk management, offering actionable insights for professionals involved in international shipping.

01/30/2026 Logistics Encyclopedia
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US Releases Comprehensive Guide to Maritime Industry Data

US Releases Comprehensive Guide to Maritime Industry Data

The official website of the US Maritime Administration (MARAD) provides comprehensive information on US maritime shipping, including details about vessels, ports, shipping companies, and relevant regulations. Users can easily access the information they need through online resources, phone calls, or email inquiries, enabling them to stay informed about industry trends and supporting their maritime business operations. The site serves as a valuable resource for anyone involved in or interested in US maritime activities.

01/30/2026 Port Encyclopedia
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Turkmenistan Boosts Customs Expertise in WCO Workshop

Turkmenistan Boosts Customs Expertise in WCO Workshop

In February 2025, the WCO and Turkmenistan co-organized an HS workshop in Ashgabat. The workshop aimed to enhance customs' tariff classification capabilities and contribute to trade development. This initiative underscores the importance of accurate and consistent tariff classification for efficient border management and international trade facilitation. By strengthening customs' expertise in the Harmonized System, the workshop supports Turkmenistan's efforts to align with international standards and promote economic growth through streamlined trade processes.

01/30/2026 Customs Knowledge
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Goldplated Scrap Market Gains Traction Amid Tax Incentives

Goldplated Scrap Market Gains Traction Amid Tax Incentives

This article delves into the HS code 7112911090 for gold-containing scrap and its associated tax rates, highlighting the importance of resource recovery and market potential. It provides detailed declaration elements and regulatory conditions to help enterprises seize business opportunities more effectively.

08/08/2025 HS Code Query
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Global Freight Forwarders Face Rising Costs and Supply Chain Delays

Global Freight Forwarders Face Rising Costs and Supply Chain Delays

The international freight forwarding industry is facing severe challenges including soaring freight rates, port congestion, and warehouse overflow. The pandemic and geopolitical events have exacerbated supply chain tensions. Freight forwarders need to optimize transportation solutions, strengthen digital transformation, enhance risk management, and deepen cooperation to cope with the current difficulties. In the long term, the global supply chain will evolve towards reshaping and diversification. Companies must adapt to these changes to remain competitive and resilient in the face of future disruptions.

11/03/2025 Logistics Industry Insights
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Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.

07/28/2025 Logistics Encyclopedia
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Amazon Lightning Deals Key Strategies to Boost Sales

Amazon Lightning Deals Key Strategies to Boost Sales

This article delves into techniques for boosting conversion rates during Amazon Lightning Deals, focusing on leveraging the psychological effect of the deal progress bar and implementing effective off-Amazon traffic strategies. It also highlights the importance of mitigating potential risks, such as avoiding overlapping discounts between off-site promotions and Lightning Deals to prevent losses. Mastering these techniques can help sellers utilize Lightning Deals more effectively to increase sales and maximize their promotional impact.

01/04/2026 Logistics Industry Insights
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Amazon Snapchat Bet on AR to Cut Ecommerce Returns

Amazon Snapchat Bet on AR to Cut Ecommerce Returns

Amazon partners with Snapchat to launch an AR virtual try-on service, aiming to reduce the high return rates in online apparel retail. By leveraging AR technology, consumers can preview how clothes look on them before purchasing, leading to more informed buying decisions. Virtual shopping not only enhances the consumer experience but also promises to significantly lower operational costs for e-commerce platforms. This service represents a crucial trend in the future development of e-commerce.

01/06/2026 Logistics Industry Insights
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Ocean Freight Rates Drop Amid Ecommerce Slowdown

Ocean Freight Rates Drop Amid Ecommerce Slowdown

Ocean freight rates continue to plummet, and the peak season for cross-border e-commerce is underwhelming due to a combination of factors: inventory backlog, overcapacity, and economic downturn. The "bullwhip effect" exacerbates the supply-demand imbalance. While falling freight rates reduce some operating costs, they remain above pre-pandemic levels. In the future, freight rates are likely to return to a more rational level. Cross-border e-commerce businesses need to optimize their supply chain management to cope with market challenges.

01/05/2026 Logistics Industry Insights
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