Customs Tax Exemption Codes Explained: Key Factors for Smooth Import and Export

Customs Tax Exemption Codes Explained: Key Factors for Smooth Import and Export

This article discusses the classification and coding structure of customs duty exemption codes, detailing types of import and export goods such as general taxation, gratuitous aid, and other statutory tax reductions. By clarifying the definitions, codes, and applicable ranges for various types of goods, it aids relevant personnel in effectively understanding customs policies, thereby facilitating smooth international trade.

07/21/2025 Logistics Encyclopedia
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Bonded Warehouses: Key Hubs in Global Trade Under Customs Oversight

Bonded Warehouses: Key Hubs in Global Trade Under Customs Oversight

Bonded warehouses play a crucial role in international trade, classified into public, private, and self-use types, primarily storing goods that have not completed customs procedures. National regulations prohibit the storage of prohibited items in these warehouses, ensuring smooth trade operations and compliance with social responsibilities. Various types of warehouses cater to the diverse needs of businesses.

07/28/2025 Logistics Encyclopedia
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Bytedance Halts IPO to Prioritize Core Business Growth

Bytedance Halts IPO to Prioritize Core Business Growth

ByteDance's all-hands meeting revealed key information: IPO plans are postponed, focusing on three core businesses: TikTok, e-commerce, and Feishu (Lark). The company emphasizes organizational streamlining and values-based assessments. ByteDance will address market challenges by controlling hiring, optimizing structure, and improving efficiency. The stock option price reduction aims to stabilize employee morale. The company is prioritizing profitability and sustainable growth amidst global economic uncertainties and regulatory pressures.

01/04/2026 Logistics Industry Insights
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Chinas Deeper Acquires Singapores MIPL to Expand in Southeast Asia

Chinas Deeper Acquires Singapores MIPL to Expand in Southeast Asia

King Koil has invested 248 million RMB to acquire specific assets of Singaporean home furnishing company MIPL and its Indonesian production base, PTTC. This acquisition aims to expand into the Southeast Asian market and deepen its global strategic layout. This move will enhance King Koil's competitiveness in the Singapore market and increase its global market share. The company expects this investment to contribute significantly to its growth strategy in the region.

01/23/2026 Logistics Industry Insights
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CEVA Logistics Grows Strategically Despite Market Challenges

CEVA Logistics Grows Strategically Despite Market Challenges

CEVA Logistics reported a 8.9% year-over-year decrease in Q1 revenue, but EBITDA increased by 7.3%. The company strengthened its financial position through capital structure adjustments. Contract Logistics performed strongly, offsetting the decline in the Freight Management division. CEVA Logistics is actively addressing market challenges by optimizing operational efficiency, expanding into emerging markets, and strengthening customer partnerships. The company remains committed to being a global supply chain optimizer.

01/20/2026 Logistics
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Key Tips for Selecting Air Freight Logistics in Shenzhen

Key Tips for Selecting Air Freight Logistics in Shenzhen

This article introduces the key factors in choosing an international air freight logistics company in Shenzhen, with a focus on recommending Shenzhen Baiyun Technology Co., Ltd. (Baiyun Network). With years of industry experience, a wide network of routes, and an integrated service platform, the company provides efficient and reliable air freight solutions for customers. It has significant advantages, especially on routes to the United States, Europe, and Southeast Asia.

01/29/2026 Logistics
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ILIFE Unveils Smart Home Cleaning Innovations

ILIFE Unveils Smart Home Cleaning Innovations

ILIFE, a leading global manufacturer of smart cleaning devices, is dedicated to providing high-quality cleaning solutions through technological innovation. The company offers a diverse product line, including robot vacuums, cordless vacuums, and floor washing robots, catering to various consumer needs. ILIFE adheres to a commitment to quality, innovation-driven development, and environmental protection. The company strives to create a cleaner, easier, and smarter home environment for users worldwide.

01/27/2026 Logistics Encyclopedia
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Thailandguangzhou Sea Freight Costs Analyzed

Thailandguangzhou Sea Freight Costs Analyzed

This article provides an in-depth analysis of the price influencing factors for Thailand sea freight to Guangzhou, China. These factors include cargo category, quantity, shipping method, shipping company selection, peak and off-peak seasons, and fuel surcharges. It also offers freight estimation, payment method options, and shipping company selection advice. The aim is to help businesses optimize their logistics solutions, reduce transportation costs, and seize opportunities in China-Thailand trade.

01/30/2026 Logistics
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Chinathailand Sea Freight Expands As Trade Rises

Chinathailand Sea Freight Expands As Trade Rises

A company specializing in China-Thailand sea freight logistics. It provides efficient and convenient logistics solutions for China-Thailand trade, supporting the economic and trade development of both countries. This is achieved by building a dense route network, offering diverse vessel services, improving warehousing systems, providing one-stop services, and offering localized support. The company aims to streamline the shipping process and facilitate seamless international trade between China and Thailand.

02/02/2026 Logistics
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APL CMA CGM Address Seal Discrepancies in Freight Forwarding

APL CMA CGM Address Seal Discrepancies in Freight Forwarding

The use of CMA CGM seals by APL reflects the consolidation within the shipping industry. While APL is a subsidiary of CMA CGM, it maintains operational independence. Freight forwarders should carefully verify information and confirm seal usage policies with the shipping company to avoid additional costs and delays arising from seal-related issues. Proper verification ensures smooth operations and prevents potential complications due to differing seal requirements between the parent company and its subsidiary.

08/22/2025 Shipping Company Encyclopedia
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