Ocean Freight Fuel Surcharges Key Guide for Global Traders

Ocean Freight Fuel Surcharges Key Guide for Global Traders

This article provides an in-depth analysis of the Bunker Adjustment Factor (BAF) calculation methods in international ocean freight. It covers different charging models for Full Container Load (FCL) and Less than Container Load (LCL) shipments, as well as dynamic adjustment formulas based on oil price benchmarks. Furthermore, it addresses additional fees in specific scenarios, such as Emergency Bunker Surcharge and Green Surcharge. The aim is to help foreign traders better understand and control ocean freight costs.

01/15/2026 Logistics Encyclopedia
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Palaus Emerging Market Offers New Trade Opportunities

Palaus Emerging Market Offers New Trade Opportunities

This article provides an in-depth analysis of potential opportunities in the Palau market, particularly in marine environment protection, renewable energy development, and tourism infrastructure upgrades. It also details information on Palau's professional exhibitions and foreign exchange control policies. This provides practical operational guidelines and strategic advice for companies entering the Palau market, helping them to succeed. The guide aims to equip businesses with the knowledge necessary to navigate the market and capitalize on its unique potential.

01/27/2026 Customs Knowledge
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Exporters Guide to Managing FOB Trade Costs and Risks

Exporters Guide to Managing FOB Trade Costs and Risks

This article provides an in-depth analysis of key aspects of FOB trade, including cost allocation, risks associated with nominated freight forwarders, and prevention of delivery without original bills of lading. The aim is to help exporters gain a comprehensive understanding of FOB terms, effectively control costs and risks, and ultimately improve trade profits. It explores practical strategies for mitigating potential issues and ensuring smooth transactions under FOB Incoterms.

08/23/2025 Logistics Encyclopedia
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Ethiopia Boosts Customs Efficiency with WCO Audit Program

Ethiopia Boosts Customs Efficiency with WCO Audit Program

A WCO assessment report highlights challenges faced by Ethiopia's Post Clearance Audit (PCA). Recommendations include strengthening legal frameworks, improving risk management practices, and enhancing IT infrastructure. These improvements aim to increase the efficiency of customs control and facilitate trade. Addressing these areas is crucial for Ethiopia to optimize its customs operations and contribute to regional and global trade competitiveness. Successful implementation will require sustained commitment and strategic resource allocation.

01/05/2026 Customs Knowledge
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Eswatini Boosts Customs Audits Via WCO Mercator Program

Eswatini Boosts Customs Audits Via WCO Mercator Program

A WCO Mercator Programme diagnostic of Eswatini Customs' PCA aimed to enhance risk management and trade compliance. The assessment recommended improvements to balance control and facilitation, ultimately promoting economic development. The findings highlighted areas for optimization in PCA processes, focusing on data analysis and risk profiling to improve efficiency and effectiveness. This will contribute to a more streamlined and secure trade environment, fostering economic growth and regional integration for Eswatini.

01/05/2026 Customs Knowledge
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Flexport Launches Digital Platform to Streamline Global Trade

Flexport Launches Digital Platform to Streamline Global Trade

Flexport 2.0 platform empowers the digital transformation of global trade by optimizing workflows, supporting customized management, and fostering seamless collaboration. The new platform offers intuitive dashboards, advanced filtering, and customizable fields, helping users manage goods more efficiently, improve supply chain efficiency, and collaborate more closely with suppliers. Ultimately, it helps businesses achieve greater success in global trade by providing enhanced visibility, control, and communication across their supply chains.

01/29/2026 Logistics Industry Insights
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WCO Enhances Nigeria Ghana Customs to Boost Trade

WCO Enhances Nigeria Ghana Customs to Boost Trade

With WCO support, Nigeria and Ghana jointly organized a training of trainers program on valuation, aiming to enhance customs valuation capabilities and promote trade facilitation in both countries. Following the termination of contracts with private inspection companies and the return of valuation responsibilities to customs, this training covered technical valuation, valuation control, and trainer skills. The goal is to strengthen the national valuation trainer pool in both countries, injecting new momentum into trade development in West Africa. This initiative is expected to improve valuation accuracy and efficiency, ultimately contributing to smoother trade flows.

01/05/2026 Customs Knowledge
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Multimodal Transport Smart Customs Enhance Crossborder Trade Efficiency

Multimodal Transport Smart Customs Enhance Crossborder Trade Efficiency

The State Council executive meeting has deployed new policies to facilitate cross-border trade, emphasizing a dual-engine approach of multimodal transport and smart customs to optimize the business environment. The new policies aim to reduce logistics costs, improve customs clearance efficiency, and help enterprises expand into international markets. Furthermore, it will strengthen risk prevention and control, building an efficient, intelligent, and secure cross-border trade system. This initiative is expected to significantly boost trade and foster a more competitive and streamlined environment for businesses engaged in international commerce.

01/26/2026 Logistics
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Experts Advise on Secure Air Freight Packaging for Fragile Goods

Experts Advise on Secure Air Freight Packaging for Fragile Goods

Ensuring the safety of fragile goods during international air freight is paramount. This article offers expert guidance from three perspectives: shockproof packaging (layered protection, material selection, structural design), handling operations (airport cargo terminals, last-mile delivery), and risk control (proactive communication, packaging testing, insurance claims). The aim is to minimize damage rates and guarantee the secure delivery of fragile items. We address critical aspects from pre-flight preparation to post-flight handling, providing actionable strategies for a smoother, safer shipping experience. Prioritizing these measures significantly reduces the potential for loss or damage.

11/03/2025 Logistics Encyclopedia
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Global Coconut Water Demand Drops Amid Price Competition

Global Coconut Water Demand Drops Amid Price Competition

IF Coconut Water was once a leader in the Chinese coconut water market, but it fell into trouble due to its light asset model and price competition, resulting in significant market value loss. This analysis examines the reasons for its success and failure, identifies common industry problems, and proposes strategies such as strengthening upstream control, exploring differentiated products, and enhancing brand value. It argues that companies should shift from a 'light' to a 'heavy' approach to navigate cycles and regain growth, focusing on building a more robust and sustainable business model.

01/27/2026 Logistics Industry Insights
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