expert guidance News

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

08/22/2025 Logistics Encyclopedia

Guide to Safe Ocean Freight Exports of Hazardous Chemicals

This article focuses on the sea freight export of dangerous goods, providing a detailed interpretation of key aspects such as flexitank transportation in containers, dangerous goods declaration, specific requirements of Shanghai Port, and the process of obtaining dangerous goods packaging certificates for lithium batteries. It also offers professional advice for the export of Class 2.3 dangerous goods, helping you avoid risks and efficiently complete sea freight operations. The aim is to provide practical guidance for navigating the complexities of hazardous materials shipping.

08/22/2025 Logistics Encyclopedia

Exporters Face Container Rollover Crisis Amid Shipping Delays

This article delves into the common phenomenon of "rollover" in international trade, explaining its definition, root causes, countermeasures, and risk prevention methods. By analyzing the selection logic of shipping companies and the issue of cost allocation, it provides practical guidance for foreign trade enterprises to reduce the probability of rollovers and minimize economic losses. The aim is to build a trustworthy and transparent freight environment. It covers strategies for mitigating the impact and understanding the underlying reasons behind these occurrences.

08/22/2025 Logistics Encyclopedia

China Merchants Bank SWIFT Code Guide for Global Transfers

This article provides a detailed explanation of China Merchants Bank's SWIFT/BIC code, CMBCCNBS081, covering its structure, purpose, and important considerations. Understanding the correct SWIFT/BIC code is crucial for successful international remittances, ensuring funds reach the recipient securely and quickly. The article also offers guidance on how to find SWIFT/BIC codes and addresses frequently asked questions. It emphasizes the importance of using the correct code to avoid delays or failed transactions when sending or receiving money internationally through China Merchants Bank.

09/04/2025 International Settlement

Bank of China SWIFT Code Guide for Global Transfers

This article provides a detailed explanation of the Bank of China's BKCHCNBJ23A SWIFT code. It elucidates the crucial role of SWIFT/BIC codes in cross-border remittances. Furthermore, it offers important considerations for using SWIFT codes, aiming to help readers understand and correctly utilize the code. The guidance provided seeks to prevent potential issues that may arise during the remittance process. The article emphasizes the importance of accuracy and proper usage to ensure smooth and successful international money transfers via the SWIFT network.