Shipping Industry Grapples With Terminal Handling Charges

Shipping Industry Grapples With Terminal Handling Charges

This article provides an in-depth analysis of the Terminal Handling Charge (THC) in international shipping. It details the core definition, cost components, varying charges across different ports, and factors influencing rate fluctuations. Furthermore, based on Incoterms®, it clarifies the responsibility for THC under different trade terms. The aim is to help cargo owners better understand and control shipping costs, and avoid trade disputes. It offers a comprehensive overview of THC and its implications for international trade.

Colombia Customs Boosts Risk Management with WCO Aid

Colombia Customs Boosts Risk Management with WCO Aid

The WCO held a workshop in Colombia to help DIAN improve its risk management capabilities. Experts provided instruction, and DIAN actively participated. The GTFP will continue to support DIAN's technological transformation over the next three years, promoting trade facilitation. The workshop aimed to strengthen DIAN's ability to identify and mitigate potential risks in cross-border trade, enhancing security and efficiency. Through enhanced risk management practices and customs cooperation, DIAN can contribute to a more secure and facilitated trade environment.

US Aims to Streamline Border Regulations for Transparency

US Aims to Streamline Border Regulations for Transparency

This article explores the importance of enhancing the transparency and predictability of customs regulation and its impact on trade facilitation. It proposes effective improvement measures such as information disclosure, regulatory standardization, feedback mechanisms, technology application, and training, aimed at promoting stability in global trade.

Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

The Port of Los Angeles expects a 10% decrease in container throughput in the second half of this year, primarily due to market changes triggered by U.S. tariff policies against several countries. Despite a strong start to the year, the industry is filled with uncertainty about the future and must remain vigilant.

04/09/2025 Logistics
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HS Codes 48 Key to Global Trade and Export Tax Policies

HS Codes 48 Key to Global Trade and Export Tax Policies

This article provides an in-depth analysis of HS codes related to item 48 and their corresponding paper products. It discusses the importance of export tax refund policies and compliance requirements for inspections, helping companies manage export trade and resource allocation more effectively. Understanding this information will assist businesses in successfully operating in the international market.