International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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Warning Us Customs Strengthens Inspection Of Lowvalue Goods

Warning Us Customs Strengthens Inspection Of Lowvalue Goods

The U.S. Customs has recently intensified its scrutiny of low-value goods. Sellers are required to submit detailed datasets within a specified timeframe; otherwise, their goods may be seized and they could face fines. As cross-border e-commerce transactions rise, compliance with export regulations has become a trend, and sellers should pay attention to local laws to improve their customs clearance rates.

07/25/2025 Logistics
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Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

This article analyzes the opportunities and challenges of Chinese chemical products going abroad. It delves into three key aspects that need attention during the export process: the hazardous characteristics of chemical products, the importance of qualification procedures, the auditing standards of different shipowners, and strategies for controlling shipping time. The aim is to provide enterprises with professional logistics services and advice.

07/28/2025 Logistics
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High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Understanding Bearing Classification and Customs Code Compliance

Understanding Bearing Classification and Customs Code Compliance

Bearings are vital mechanical components, making accurate classification of their HS codes essential. According to the Customs Import and Export Tariff of the People's Republic of China, rolling bearings and sliding bearings fall under different categories, subdivided into multiple codes. During the declaration process, it is crucial to avoid coding errors and brand infringement risks to ensure compliance and accuracy.

07/28/2025 HS Code Query
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WCO Updates Harmonized System for Global Trade Classification

WCO Updates Harmonized System for Global Trade Classification

The 59th session of the World Customs Organization's Harmonized System Committee released commodity classification decisions with significant implications for global trade rules. Import and export companies should closely monitor the revisions, understand their national customs implementation details, and consider utilizing professional organizations for commodity classification advance rulings to ensure trade compliance. This proactive approach minimizes potential risks and ensures smooth international trade operations.

01/22/2026 HS Code Query
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Alipay's New Feature: Easily Send Packages, Convenient Living Starts Here

Alipay's New Feature: Easily Send Packages, Convenient Living Starts Here

Alipay has launched the 'My Express' feature to tackle the challenges of sending parcels. This feature includes package tracking, cash on delivery, and shipping services, allowing users to place orders and pay for their deliveries with ease. Currently, it supports several courier companies and plans to expand to more e-commerce platforms in the future, enabling one-click logistics information inquiries and significantly enhancing the delivery experience.

07/21/2025 Logistics
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US Air Freight Sector Focuses on Boosting Logistics Efficiency

US Air Freight Sector Focuses on Boosting Logistics Efficiency

The air freight express service from the U.S. has significant advantages in terms of shipment origin in Hong Kong, destination in Los Angeles, and final delivery in the West Coast. The high-frequency flights and zero-delay transshipments in Hong Kong, the efficient customs clearance processes in Los Angeles, and the rapid warehousing capabilities in the West Coast collectively enhance the overall efficiency of cargo transportation.

09/15/2025 Logistics Industry Insights
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Advantages and Choices of International Air Freight

Advantages and Choices of International Air Freight

International air freight, known for its speed, safety, and cost-effectiveness, has become a crucial choice in modern logistics. Its flexible freight calculation method caters to various types of goods. Major transportation methods include scheduled flights, charter flights, consolidated shipments, and air express. Foreign trade companies often rely on specialized agencies to handle air transport procedures, ensuring that goods are delivered safely and efficiently to their destinations.

07/17/2025 Logistics Encyclopedia
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Advantages & Shipping Methods of Int'l Air Freight

Advantages & Shipping Methods of Int'l Air Freight

This article discusses the significant advantages of international air freight, such as speed, reliability, and minimal packaging requirements, making it suitable for perishable goods. It also outlines the four main transportation methods: scheduled flights, charter flights, consolidated shipping, and air express, each with its own characteristics catering to different transportation needs. The article provides a detailed analysis of these transportation methods and their applications.

07/11/2025 Logistics Encyclopedia
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