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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UPS Unveils New Signature Dock and Delivery Timelines

UPS Unveils New Signature Dock and Delivery Timelines

This article provides an in-depth analysis of the meaning of the UPS delivery status 'Received at Dock.' It explores various factors affecting delivery times, including address type, shipping distance, cargo condition, and delivery timing. The aim is to help consumers understand the entire process of package delivery from 'Received' to final delivery.

08/05/2025 Logistics Encyclopedia
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CMA CGM Adjusts Strategy Over New US Port Fees

CMA CGM Adjusts Strategy Over New US Port Fees

French shipping giant CMA CGM is restructuring its global fleet to avoid new U.S. port fee regulations. The company plans to invest $20 billion in the U.S. to strengthen its market competitiveness. Despite facing challenges from the U.S.-China trade war, CMA CGM maintains a positive outlook, anticipating a rebound in trade activity.

08/06/2025 Logistics Industry Insights
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Barcelona Port Debuts Green Ferry Power System

Barcelona Port Debuts Green Ferry Power System

Port of Barcelona has launched a new shore power supply system for ferries, providing 100% renewable energy for vessels connecting Barcelona to the Balearic Islands. This initiative aims to significantly reduce emissions from port activities and improve air quality. The project marks a significant advancement in sustainable shipping at the Port of Barcelona.

08/06/2025 Logistics
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CMA CGM Launches First Usflagged Ship in Fleet Expansion

CMA CGM Launches First Usflagged Ship in Fleet Expansion

CMA CGM has announced that its 9,300 TEU container ship 'Phoenix' will be re-flagged as an American vessel, initiating a plan to expand its American fleet to 30 ships over the next four years. This strategic move aims to enhance domestic shipping capabilities and strengthen trade links with the South Asian market.

08/06/2025 Logistics
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Global Demand Grows for Prayer Beads in Australia

Global Demand Grows for Prayer Beads in Australia

This article provides a detailed guide on the process of sending Buddha beads to Australia, including selecting courier companies, packaging methods, filling in shipping information, payment of fees, and important precautions. It also explores the cultural significance of Buddha beads, aiming to assist readers in overcoming obstacles and successfully conveying their sentiments.

09/16/2025 Logistics Encyclopedia
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Lavrio Port Emerges As Vital Hub for Greeces Global Trade

Lavrio Port Emerges As Vital Hub for Greeces Global Trade

Lavrio Port is a significant maritime hub in southeastern Greece, responsible for the management and development of the port area, connecting domestic and international transport. Through modernization investments and environmental measures, the port plays a crucial role in alleviating pressure on Piraeus Port, promoting short-sea shipping, and supporting sustainable economic development.

08/05/2025 Port Encyclopedia
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Trade Logistics Expert Shares 16 Years of Industry Insights

Trade Logistics Expert Shares 16 Years of Industry Insights

Sixteen-year experienced freight forwarder wuchenxi shares foreign trade logistics insights, covering key aspects like EXW terms, shipping line booking, customs return, container codes, freight forwarder tiers, survival tips for newcomers, import/export agency, and supplier selection. This guide helps you avoid common pitfalls in foreign trade logistics and enhance your business capabilities.

08/22/2025 Logistics Encyclopedia
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Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

This article delves into the core concepts and important classifications of logistics, highlighting the significance of documents required for transportation and shipping, as well as the importance of customs compliance in cross-border logistics. By analyzing these key factors, businesses can better formulate supply chain management strategies and enhance their market competitiveness.

07/23/2025 Logistics
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Monrovia Port The Maritime Hub and Trade Window of Liberia

Monrovia Port The Maritime Hub and Trade Window of Liberia

Monrovia Port is the primary maritime hub of Liberia, equipped with deep-water facilities and abundant shipping resources. With an annual throughput exceeding 10 million tons, it has become a significant trade port in West Africa. Understanding its geographic advantages and operational model will help grasp the economic trends in the region.

07/24/2025 Port Encyclopedia
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