Key HS Codes and Export Tax Refunds for Global Trade

Key HS Codes and Export Tax Refunds for Global Trade

This article analyzes the characteristics, measurement units, and export tax rebate rates of goods under 12 categories of HS codes, with a particular emphasis on the significance of plant products intended for human consumption and animal feed. It provides traders with references for compliance and cost control.

New Regulations Issued Firm Measures Against Unreasonable Refusal Of Shipment By Shipping Companies To Protect Shipper Rights

New Regulations Issued Firm Measures Against Unreasonable Refusal Of Shipment By Shipping Companies To Protect Shipper Rights

The U.S. Federal Maritime Commission has issued new regulations prohibiting unreasonable refusal to carry by shipping companies, aimed at protecting cargo owner rights. The new rules clarify the legal provisions regarding refusal actions and require shipping companies to submit confidential export policy documents annually to ensure compliance.

07/26/2024 Logistics
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Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

This article explores the risks of dead freight in international shipping and insurance strategies to address them. It analyzes why traditional insurance fails to mitigate dead freight and proposes indirect solutions such as trade credit insurance and logistics liability insurance. The article also emphasizes practical methods to proactively reduce dead freight risks through contract clauses, flexible transportation options, and reasonable time scheduling.

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

Businesses Adopt Five Strategies to Tackle Supply Chain Talent Shortage

Businesses Adopt Five Strategies to Tackle Supply Chain Talent Shortage

Facing a shortage of supply chain talent, companies need to adopt five key strategies: empower frontline managers to foster end-to-end thinking, cultivate a data-driven culture to encourage continuous learning, redefine talent standards to uncover potential, break down industry barriers to embrace diverse backgrounds, and emphasize influence to develop collaborative leadership. By implementing these strategies, organizations can build a more competitive supply chain team capable of navigating rapidly changing market conditions.