Global Shipping Costs Explained for Importers and Exporters

Global Shipping Costs Explained for Importers and Exporters

International ocean freight costs consist of basic freight, surcharges, and miscellaneous fees. The calculation of basic freight differs between Full Container Load (FCL) and Less than Container Load (LCL) shipments. Ocean freight prices are affected by factors such as cargo type, route ports, seasonal supply and demand, and trade terms. It is recommended to obtain real-time quotes through professional freight forwarders, pay attention to hidden costs, and accurately declare dangerous goods to minimize cost risks.

02/02/2026 Logistics Encyclopedia
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Hong Kong Firm Fined 160K for Undeclared Lithium Batteries

Hong Kong Firm Fined 160K for Undeclared Lithium Batteries

Hong Kong's Woodioso Technology was fined RMB 1.08 million by the FAA for failing to declare 30 lithium batteries, highlighting the importance of dangerous goods compliance. Lithium battery transportation is high-risk and requires strict adherence to IATA regulations and aviation authorities' rules. Companies should strengthen training, rigorously audit shipments, and choose compliant partners to prevent undeclared shipments, ensuring safety and sustainable development. Avoiding misdeclaration is crucial to prevent hefty fines and ensure the safe transport of lithium batteries.

02/03/2026 Logistics
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Global Trade Adopts Green Customs Codes for Sustainability

Global Trade Adopts Green Customs Codes for Sustainability

The World Customs Organization (WCO) has launched a global “Green Customs” reflection, exploring revisions to the Harmonized System (HS) code to better integrate environmental considerations and promote a global green economy through a series of workshops. These workshops focus on five key areas: food, chemicals, textiles, basic materials, and green technologies. They provide valuable insights and recommendations for the 'greening' of the HS coding system, aiming to build a more sustainable future. The initiative seeks to leverage trade policies to support environmental protection and sustainable development goals.

01/05/2026 Customs Knowledge
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US Rail Freight Rebounds Despite Economic Challenges

US Rail Freight Rebounds Despite Economic Challenges

According to the Association of American Railroads, U.S. rail freight and intermodal volumes both increased year-over-year for the week ending August 30th. Increased shipments of chemicals and metallic ores suggest a potential economic rebound. Rail freight growth serves as an economic bellwether, creating jobs and offering environmental benefits. However, the industry faces challenges such as aging infrastructure and labor shortages. These positive trends in rail freight volume provide a valuable signal regarding the current state and potential recovery of the broader U.S. economy.

01/22/2026 Logistics
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WCO Offers Handson Training for Chemical Trade Compliance

WCO Offers Handson Training for Chemical Trade Compliance

The World Customs Organization (WCO) has launched a hands-on training camp on chemical classification to enhance the capabilities of customs chemists in chemical classification, origin determination, and trade security. The program includes theoretical learning at the WCO headquarters and practical training at the Japan Customs Central Laboratory, focusing on the latest technologies and analytical methods to improve the management efficiency of customs laboratories. This initiative aims to equip customs officials with the necessary skills to accurately classify chemicals and ensure compliance with international trade regulations.

01/22/2026 Customs Knowledge
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US Rail Freight Volumes Rise Amid Economic Recovery Signs

US Rail Freight Volumes Rise Amid Economic Recovery Signs

According to the Association of American Railroads, U.S. rail freight and intermodal volume both increased year-over-year in late April. Significant growth was observed in freight categories such as coal, motor vehicles & parts, and chemicals. Intermodal business also showed strong growth momentum. Despite challenges like supply chain bottlenecks and labor shortages, the recovery of rail transport has a positive impact on the economy. It is recommended to increase infrastructure investment and optimize supply chain management to further enhance the efficiency and reliability of rail transportation.

01/29/2026 Logistics
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US Rail Freight Rises Hinting at Economic Rebound

US Rail Freight Rises Hinting at Economic Rebound

According to the Association of American Railroads, U.S. rail freight and intermodal volume both increased year-over-year in the week ending August 30th. Chemicals and metallic ores showed strong performance, while petroleum and grain faced challenges. Key drivers include economic recovery, improved supply chains, the advantages of intermodal transportation, and infrastructure investments. The rail freight market faces both opportunities and challenges moving forward. This growth indicates positive economic trends but also highlights the varying performance across different sectors within the rail freight industry.

02/04/2026 Logistics
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Global Shield Tightens Chemical Controls to Counter Terrorism

Global Shield Tightens Chemical Controls to Counter Terrorism

This review of Project Global Shield's activities from 2022 to the present looks ahead to actions planned for 2025, including global operations and technology promotion. Information regarding EU-funded agreements and contracts has been analyzed. The project aims to strengthen customs security and control the diversion of chemical precursors used in the illicit manufacture of drugs and explosives. It emphasizes international cooperation and the use of advanced technologies to achieve its objectives. The focus remains on preventing the misuse of chemicals and enhancing global security measures.

02/05/2026 Customs Knowledge
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Guide to Safe LCL Sea Freight of Cresol to Busan

Guide to Safe LCL Sea Freight of Cresol to Busan

This article provides a detailed explanation of the Less than Container Load (LCL) sea freight export process and precautions for Cresol (UN2076, CLASS 6.1) to Busan, South Korea. It covers key steps such as booking information preparation, warehouse entry procedures, customs declaration deadline, and Bill of Lading issuance. The aim is to assist foreign trade companies in successfully completing dangerous goods export operations. It emphasizes the importance of adhering to regulations and proper documentation for a smooth and compliant shipment.

05/21/2025 Logistics Encyclopedia
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Global Trade Guide Freight Forwarding and Customs Essentials

Global Trade Guide Freight Forwarding and Customs Essentials

This article analyzes common issues in freight forwarding and consolidation, including import customs clearance, Incoterms, cargo replacement, and dangerous goods export. It provides practical guidance to help foreign trade enterprises efficiently and compliantly complete import and export operations. The analysis covers key aspects of each issue, offering actionable insights for navigating the complexities of international trade and ensuring smooth customs procedures. The aim is to empower businesses to optimize their supply chains and minimize potential risks associated with cross-border transactions.

08/21/2025 Customs Knowledge
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