Global Trade Disruptions Push Firms to Strengthen Supply Chains

Global Trade Disruptions Push Firms to Strengthen Supply Chains

A joint study by Flexport and BCG highlights the importance of agility and resilience for businesses navigating global trade disruptions. By diversifying sourcing, optimizing inventory, enhancing supply chain visibility, and embracing new consumer trends, companies can mitigate risks and achieve sustainable growth. The research emphasizes proactive strategies to build robustness against unforeseen challenges and adapt quickly to changing market conditions, ultimately fostering a more secure and competitive position in the global marketplace.

LCL Shipping Cuts Costs for Small Businesses in Global Trade

LCL Shipping Cuts Costs for Small Businesses in Global Trade

This article delves into the advantages of Less than Container Load (LCL) shipping and highlights how Flexport LCL leverages technology to provide customers with more transparent, efficient, and reliable international logistics services. It covers the definition, benefits, service models, cost control, carbon emission management, and end-to-end supply chain management aspects of LCL. The aim is to provide readers with a comprehensive understanding of LCL and enable them to make informed logistics decisions.

Wine Import Export Transportation and Customs Clearance Process Explained

Wine Import Export Transportation and Customs Clearance Process Explained

This article analyzes the key customs and inspection services related to wine import and foreign trade transport. It focuses on the classification standards used by customs for wine, emphasizing the need to review invoice information during customs declaration and ensure consistency between documents and the actual goods. Additionally, it highlights the importance of uniformity between Chinese labels and product information.

Believe Baby Diapers Boosts Growth Via Flexports Logistics

Believe Baby Diapers Boosts Growth Via Flexports Logistics

Believe Baby achieved a 233% annual sales growth by optimizing its supply chain with Flexport. Through efficient logistics management, the company not only met customer demands but also fulfilled its social responsibility. They were able to help more families and contribute to environmental protection. This demonstrates how strategic supply chain improvements can drive significant business results while positively impacting society and the planet. Believe Baby's success highlights the importance of aligning business goals with ethical and sustainable practices.

11/03/2025 Logistics
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Rising Drayage Costs Understanding Chassis and Overweight Fees

Rising Drayage Costs Understanding Chassis and Overweight Fees

This article delves into chassis fees and overweight fees in ground transportation, detailing their calculation methods, triggering conditions, and avoidance strategies. Understanding these cost components enables shippers to effectively control logistics expenses and improve transportation efficiency. Platforms like Flexport offer transparent fee services, empowering shippers to make more informed decisions. By optimizing loading and route planning, shippers can minimize the risk of incurring these charges and reduce overall transportation costs, leading to better supply chain management.

Importers Bear Customs Inspection Fees Rules Clarified

Importers Bear Customs Inspection Fees Rules Clarified

Flexport clearly states that customs inspection fees are borne by the importer, including inspection fees, service fees, transportation fees, and storage fees. LCL shipments are allocated proportionally. It is recommended to ensure compliant declarations, choose a reliable freight forwarder, purchase insurance, and pay attention to customs policies to reduce the risk of inspection and economic losses. Being proactive in these areas can help importers navigate the complexities of customs procedures and minimize unexpected costs associated with inspections.

Freight Forwarding Experts Address Customs and LCL Challenges

Freight Forwarding Experts Address Customs and LCL Challenges

Freight forwarding expert VICTOR addresses practical challenges in freight forwarding, such as LCL tax refunds, manifest modifications, and overbooking/cargo rejection. He emphasizes the importance of customs declaration number allocation and provides professional advice on customs transit, demurrage charges, and invoice issuance to help freight forwarding companies mitigate risks. The discussion covers various aspects of LCL operations and offers solutions to common issues encountered in the industry.

Air Cargo Insurance Application Guide

Air Cargo Insurance Application Guide

This guide aims to help you understand the insurance application procedure for air transport of goods. In the event of a cargo incident, you need to provide documents like the waybill, insurance policy, airline damage report, packing list, and invoice. Additionally, ensure to fill in detailed information about the insured, markings, packaging and quantity, insured cargo items, and amounts to achieve comprehensive protection for the goods.

Key Documents for Smooth Customs Clearance Invoices Packing Lists

Key Documents for Smooth Customs Clearance Invoices Packing Lists

This article provides a detailed explanation of essential customs clearance documents in international trade: the commercial invoice and the packing list. It elaborates on their key elements, practical value, and frequently asked questions. Mastering the correct completion of these documents can help companies clear customs efficiently, avoid unnecessary delays and costs, and facilitate smooth international trade operations. Understanding these documents is crucial for successful international business transactions.

Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply Uses Duty Drawback to Fuel Datadriven Expansion

Ministry of Supply recovered millions of dollars in duty drawbacks through the Flexport platform, reinvesting the funds in R&D, new product launches, and market expansion. This case study highlights data integration, risk assessment, and process optimization as key success factors. To effectively leverage duty drawback policies, businesses should establish robust data systems, seek expert assistance, understand relevant regulations, optimize processes, and continuously evaluate their performance. This proactive approach ensures efficient utilization of available refunds and contributes to overall financial health.