Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

07/21/2025 Logistics Encyclopedia
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Global Air Freight Trade Bolstered by Cargo Insurance

Global Air Freight Trade Bolstered by Cargo Insurance

International air cargo insurance protects the interests of cargo owners and supply chain stability through risk transfer mechanisms. This article details the differences in coverage between air transport insurance and all risks insurance, and how to maximize insurance effectiveness through precise underwriting strategies and claims management. It emphasizes that companies should focus on underwriting strategies and evidence integrity, transforming insurance into a supply chain resilience tool. By understanding policy nuances and implementing proactive risk management practices, businesses can leverage air cargo insurance to mitigate potential losses and ensure business continuity.

11/03/2025 Logistics Encyclopedia
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Study Explores Chatgpts Research Benefits and Risks

Study Explores Chatgpts Research Benefits and Risks

This paper explores the application of ChatGPT in scientific research. It analyzes its advantages in assisting communication, information retrieval, and language polishing. It also points out potential dangers, such as reducing research autonomy and spreading misinformation. The paper emphasizes that researchers should treat ChatGPT as an auxiliary tool rather than a substitute. Principles such as information verification, transparent usage, and ethical norms should be followed to ensure research quality and academic integrity. Ultimately, responsible and ethical use is crucial for maximizing ChatGPT's benefits while mitigating its risks in the research context.

01/06/2026 Logistics Encyclopedia
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Forward Air Omni Logistics Sue Over Scuttled Merger

Forward Air Omni Logistics Sue Over Scuttled Merger

The merger between Forward Air and Omni Logistics has taken an unexpected turn, with Forward Air countersuing Omni for breach of contract, leading to a legal battle. This analysis reviews the timeline of events, examines the key points of contention between the two companies, and explores the initial motivations behind the merger as well as the current challenges. It also looks ahead to potential future outcomes. The case serves as a reminder that caution and integrity are crucial in the logistics industry's mergers and acquisitions, and that fulfilling contractual obligations is paramount.

01/28/2026 Logistics
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Yiwu Container Shortage Highlights Crossborder Trade Risks

Yiwu Container Shortage Highlights Crossborder Trade Risks

The Yiwu container 'disappearance' case highlights the hidden risks in cross-border trade. Fraudsters used a 'long-term bait' strategy, gaining merchants' trust before absconding with the money. This article emphasizes the importance of risk control in cross-border trade, proposing measures such as strengthening customer credit checks and adhering to 'payment before delivery'. It calls on industry associations to improve the integrity system and jointly build a safe and reliable cross-border trade environment. Proactive risk management is crucial for mitigating potential losses and ensuring the sustainability of international trade operations.

02/12/2026 Logistics Industry Insights
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Crossborder Ecommerce Sellers Warned of Freight Forwarder Scams

Crossborder Ecommerce Sellers Warned of Freight Forwarder Scams

A Shenzhen freight forwarder was exposed for using multiple shell companies to collect goods before defaulting, raising concerns about integrity in the industry. The article analyzes the reasons for frequent freight forwarder defaults, including declining platform benefits, intense competition, long cross-border logistics chains, and improper selection of freight forwarders by sellers. It provides practical tips for cross-border sellers to avoid pitfalls, emphasizing the need for caution when choosing freight forwarders. Sellers should not solely pursue low prices but comprehensively consider qualifications, creditworthiness, operational capabilities, and service quality.

12/30/2025 Logistics
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Amazon Brand Registry Glitch Highlights Compliance Risks

Amazon Brand Registry Glitch Highlights Compliance Risks

A recent "brand glitch" on Amazon, though caused by a system error, highlights the platform's increasingly stringent brand compliance requirements. Simultaneously, Amazon's launch of the TikTok-like "Inspire" feature signals its exploration of new social commerce models. This article delves into the details of the incident, the requirements for brand compliance, and Amazon's social commerce initiatives. It aims to provide sellers with insights for compliant operations and opportunities in this evolving landscape.

01/04/2026 Logistics Industry Insights
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Ontrac Expands Services to Compete in Parcel Delivery Market

Ontrac Expands Services to Compete in Parcel Delivery Market

OnTrac plans to launch Express and Ground Essentials services by early 2026 and is partnering with Fenix Commerce to enhance customer experience. This strategic move aims to differentiate itself in a competitive market. By focusing on specific service offerings and leveraging data-driven insights through Fenix Commerce, OnTrac seeks to gain a competitive edge and cater to evolving customer needs in the express delivery sector. The collaboration highlights OnTrac's commitment to innovation and customer-centricity.

01/08/2026 Logistics
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Live Shopping Gains Traction on Social Platforms in US and Europe

Live Shopping Gains Traction on Social Platforms in US and Europe

The European and American live commerce market has enormous potential and is on the verge of explosive growth. This article focuses on five major platforms: Instagram Live, NTWRK, Whatnot, Shopshops, and Popshop Live, analyzing their characteristics and advantages. It provides sellers with strategies to seize the first-mover advantage in the European and American live commerce market. This includes understanding platform nuances and tailoring content for specific audiences to maximize engagement and sales.

01/04/2026 Logistics Industry Insights
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Streamlined Airline Receivables Boost Industry Profits IATA Report

Streamlined Airline Receivables Boost Industry Profits IATA Report

IATA E&F offers comprehensive outsourcing services designed to streamline aviation accounts receivable management, improve billing accuracy, enhance financial controls, and contribute to sustainable profitability. Through efficient data management tools, expert billing specialists, and experienced debt collection teams, IATA E&F helps companies reduce risk, improve collection rates, and achieve reliable forecasting of their financial situation. It provides a robust solution for managing complex aviation receivables and optimizing cash flow.

12/30/2025 International Settlement
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