Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Guide Simplifies Ocean Freight Invoice Accounting for Finance Teams

Struggling with accounting for shipping freight invoices? This article provides a detailed explanation of the accounting process for shipping freight invoices, including setting up detailed accounts, accounting methods for different scenarios, the accounting process for general taxpayers, handling transportation documents, input tax deduction issues, and accounting for freight and insurance expenses for export companies. It helps you easily handle the accounting of shipping freight invoices.

02/06/2026 Customs Knowledge
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China Updates Railway Locomotive HS Codes Export Tax Rebates

China Updates Railway Locomotive HS Codes Export Tax Rebates

This article provides a detailed analysis of various HS codes for locomotives and their corresponding export tax rebate rates, including types such as electric and diesel locomotives. The information helps businesses enhance their market understanding, optimize goods trading processes, and refine export strategies to improve competitiveness and economic benefits.

08/06/2025 HS Code Query
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Truckload Market Cools As Rates and Demand Decline DAT Index

Truckload Market Cools As Rates and Demand Decline DAT Index

The DAT Truckload Capacity Index indicates a decline in freight volumes and rates in September, suggesting retailers are well-stocked and have lowered holiday season expectations. Key factors include port freight redistribution and shortened market cycles. Spot rates may have bottomed out, but contract rates still have room to fall, with a rebound expected in the first quarter of next year. The decrease reflects a shift in consumer demand and inventory management strategies, impacting the overall trucking market landscape.

01/16/2026 Logistics Industry Insights
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US Trucking Industry Faces Overcapacity Rate Volatility in September

US Trucking Industry Faces Overcapacity Rate Volatility in September

The US freight market in September presented a complex scenario of declining volume and rising prices. Dry van and refrigerated freight volumes decreased, while flatbed volumes saw a slight increase. Spot rates edged up, while contract rates remained stable or slightly decreased. Experts attribute the rate increase not to demand, but to capacity imbalances, suggesting a potentially subdued peak season. Small carriers may benefit from rising backhaul rates, but long-term adaptation to market changes is crucial.

01/19/2026 Logistics Industry Insights
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US Regulators Investigate Shipping Firms Amid Rising Freight Costs

US Regulators Investigate Shipping Firms Amid Rising Freight Costs

The U.S. Congress is investigating Maersk, CMA CGM, and Hapag-Lloyd, the three largest shipping companies, due to surging ocean freight rates and concerns about industry competition. The investigation demands freight rate information and lists of long-term contracts to assess potential unfair competition. High freight rates have prompted businesses to reconsider their supply chain strategies and may reshape global trade patterns. The shipping industry faces uncertainty and challenges, requiring cooperation from all stakeholders to address these issues.

02/03/2026 Logistics Industry Insights
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US Supply Chain Strains Amid Truck Driver Shortage High Turnover

US Supply Chain Strains Amid Truck Driver Shortage High Turnover

The US trucking industry faces a high driver turnover crisis, with large freight companies experiencing rates as high as 90%. Contributing factors include industry models, the ELD mandate, and difficulties in obtaining a CDL. Analysts predict potential increases in freight rates or a shift towards intermodal transportation. Solutions involve improving driver compensation and working conditions, embracing new technologies, and streamlining regulations. Addressing these issues is crucial to mitigating the freight crisis and controlling rising logistics costs.

01/27/2026 Logistics Industry Insights
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2026 Logistics Outlook Trade Wars AI Reshape Freight Industry

2026 Logistics Outlook Trade Wars AI Reshape Freight Industry

The global logistics industry in 2026 faces a triple challenge: shifting trade policies, AI technology advancements, and volatile freight rates. Declining freight volumes and trade barriers are reshaping supply chains, requiring businesses to diversify sourcing and optimize their network. AI is boosting logistics efficiency, with TMS platforms offering comprehensive control. The outlook for freight rates remains uncertain, demanding flexible responses. Facing these familiar challenges, adaptability and responsiveness are paramount for success in the evolving global logistics landscape.

01/30/2026 Logistics Industry Insights
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Guide to Safe Trimethylaluminum Export Shipping

Guide to Safe Trimethylaluminum Export Shipping

This article details the sea freight export process and required documentation for trimethylaluminum, including product information, packaging labeling, and essential documents. It emphasizes the importance of selecting a professional freight forwarder, aiming to help customers complete dangerous goods sea freight exports safely and efficiently. The guide covers key steps and considerations to ensure compliance and smooth transportation.

01/17/2024 Logistics Encyclopedia
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Ocean Freight Guide Cargo Compliance and Cost Strategies

Ocean Freight Guide Cargo Compliance and Cost Strategies

Cargo stuffing is a crucial step in ocean freight export, involving factory stuffing and warehouse stuffing. Warehouse stuffing is becoming the mainstream choice due to its compliance and professionalism. This article details the stuffing process, the port entry requirements for different categories of dangerous goods (direct entry vs. direct loading onto the vessel), and the various potential costs involved. The aim is to help businesses better understand ocean freight export stuffing and optimize cost control within 100 words.

02/04/2024 Logistics Encyclopedia
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Expert Tips for Freight Forwarders on Customs Declarations

Expert Tips for Freight Forwarders on Customs Declarations

Based on the experience shared by Zhang Xiangru, a user from the Jiyun Baodian forum, this article delves into common customs declaration issues encountered in freight forwarding work, providing practical solutions to help freight forwarders improve their business skills. The content covers issues such as missing Chinese units on customs declarations, booking confirmation, and filling out customs export cargo declaration forms. It aims to offer valuable insights and guidance for navigating the complexities of export customs clearance.

08/23/2025 Logistics Encyclopedia
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