Beginners Guide to Understanding Incoterms in Global Trade

Beginners Guide to Understanding Incoterms in Global Trade

This article provides a clear and concise explanation of the 13 common Incoterms (EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DAF, DES, DEQ, DDU, DDP) used in international trade. It details the responsibilities of both buyer and seller under each term, clarifies the point of risk transfer, and specifies the applicable modes of transport. The aim is to help foreign trade practitioners better understand and utilize these terms to effectively manage and mitigate trade risks.

08/22/2025 Logistics Encyclopedia
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Hebei Exports to Latin America Surge Amid Trade Strategy Shift

Hebei Exports to Latin America Surge Amid Trade Strategy Shift

Hebei province's import and export volume to Latin American and Caribbean countries reached a record high. This growth is attributed to the deepening of China-Latin America trade, precise positioning in key markets, and increased exports of advantageous products. Furthermore, the increased import of high-quality agricultural products from Latin America promoted trade diversification, providing a valuable reference for foreign trade development in other regions. The strong performance highlights the potential of the Latin American market for Hebei's exporters.

11/03/2025 Logistics
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Global Trade Guide Mastering Customs Clearance Policies

Global Trade Guide Mastering Customs Clearance Policies

This article provides a comprehensive guide for cross-border e-commerce sellers and foreign trade practitioners to find information on customs clearance policies in target markets. It covers various channels, including customs websites, e-commerce platforms, industry associations, customs brokers, logistics providers, and embassies/consulates. The article emphasizes the importance of verifying information to avoid trade risks and improve operational efficiency. By utilizing these resources and practicing due diligence, businesses can navigate international trade regulations more effectively.

01/05/2026 Customs Knowledge
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Namra Introduces AEO Program to Enhance Namibias Trade

Namra Introduces AEO Program to Enhance Namibias Trade

The Namibian Revenue Agency (NamRA) is fully implementing the AEO program to enhance supply chain security, streamline trade processes, and improve business competitiveness. Through pilot verification training and continuous optimization, NamRA is committed to working with businesses to build an efficient and convenient trade environment, promoting national economic prosperity. The AEO program aims to simplify customs procedures for trusted traders, reducing clearance times and costs. This initiative is expected to boost Namibia's trade performance and attract foreign investment.

12/30/2025 Customs Knowledge
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El Salvador Introduces AEO Program to Enhance Global Trade

El Salvador Introduces AEO Program to Enhance Global Trade

El Salvador has launched its AEO program, aiming to enhance trade efficiency and security, and promote economic development through the certification of compliant businesses. This initiative represents a significant step towards global trade facilitation, helping El Salvador play a more prominent role in global trade. It also serves as a model for other Central American countries. The program is expected to streamline customs procedures, reduce costs, and attract foreign investment, ultimately boosting El Salvador's competitiveness in the international market.

01/05/2026 Customs Knowledge
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Trump Administration Probes Foreign Influence on US Food Supply Chain

Trump Administration Probes Foreign Influence on US Food Supply Chain

The Trump administration initiated an investigation into price manipulation within the US food supply chain, focusing on key sectors like meat processing, seeds, fertilizers, and equipment, as well as the potential impact of foreign companies. This action aims to address rising food prices, maintain fair market competition, and protect consumer interests. The investigation's findings may reshape the US food industry landscape, prompting the government to strengthen regulations and improve relevant laws. The goal is to ensure a stable and competitive food market for American consumers.

01/08/2026 Logistics Industry Insights
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European Firms Lead Surge in Refrigerated Shipping Demand

European Firms Lead Surge in Refrigerated Shipping Demand

As global demand for refrigerated goods rises, European shipping companies are excelling in the refrigerated capacity sector. MSC currently leads globally in refrigerated container space, showing a positive growth trend compared to other major companies like CMA CGM. Although Asian enterprises started later, they are also rapidly catching up in this field.

08/06/2025 Logistics Industry Insights
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MSC Orders Lngfueled Ships to Strengthen Market Lead

MSC Orders Lngfueled Ships to Strengthen Market Lead

Mediterranean Shipping Company (MSC) has placed another significant order for 10 ultra-large container ships, surpassing its competitors' fleet capacity. This expansion not only solidifies its leading position in the industry but also demonstrates its strategic choice of LNG as a transitional fuel. MSC is rapidly expanding its global shipping footprint, promising a strong future.

11/03/2025 Logistics
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Middle East Airports Lead Global Air Travel Growth

Middle East Airports Lead Global Air Travel Growth

This article focuses on airport expansion plans in the Middle East, analyzing the strategic considerations and market potential behind them. Airports in Dubai, Istanbul, and Riyadh are setting ambitious expansion goals, aiming to break the 100 million annual passenger throughput threshold and join the 'Mega Airport' club. These expansions will not only enhance the aviation capacity of the Middle East but also have a profound impact on the global aviation landscape. The drive for increased capacity signals the region's growing importance as a global aviation hub.

01/07/2026 Logistics Industry Insights
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Customs Clearance Challenges Addressing Discrepancies and Errors

Customs Clearance Challenges Addressing Discrepancies and Errors

Customs declaration issues are common in foreign trade. This article details three handling methods for problems like weight discrepancies and incorrect information during customs declaration: cancel and re-declare, dealing with the Anti-Smuggling Department, and modifying the declaration. It explains the definitions, differences, costs, and time involved for each. The article emphasizes the seriousness of customs penalties and aims to help foreign traders and freight forwarding companies better handle customs declaration anomalies, ensuring smooth customs clearance.

08/21/2025 Customs Knowledge
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