China's port container throughput hit a record high, reaching 12.44 million TEUs in May, a year-on-year increase of nearly 50%, reflecting the strong growth of China's foreign trade. Six major ports broke records, and Alphaliner predicts a solid 11.5% growth in full-year demand. China's ports play a prominent role in the global supply chain, facing both challenges and opportunities. The future development prospects are broad.
China Eastern Logistics launched a direct Chongqing-Budapest cargo route, operated three times a week by Boeing 777F aircraft, primarily transporting cross-border e-commerce goods and IT products. This initiative will improve the efficiency of Chongqing's advantageous products entering the European market and further enhance the international cargo route network of Chongqing Jiangbei International Airport, contributing to the development of foreign trade in the central and western regions of China.
The trade agreement signed by the Trump administration raises tariff levels, making the Trans-Pacific trade environment more uncertain, which adds pressure on global businesses and economic cooperation. Companies face risks of rising costs, making it increasingly important to seek alternative solutions to navigate the uncertainty.
US port infrastructure faces upgrade challenges. Supply chain companies can effectively address congestion and extreme weather by optimizing port collaboration, leveraging technology, and diversifying options, ensuring stable and efficient cargo transportation. The rise of smart ports will bring new opportunities to global trade. These strategies are crucial for mitigating disruptions and enhancing resilience in an increasingly volatile environment, ultimately contributing to a more robust and adaptable supply chain network.
This article delves into the critical aspects of freight forwarding operations, including the selection of Non-Vessel Operating Common Carriers (NVOCCs), vessel schedule inquiries, import document processing, bill of lading payment and exchange procedures, invoice amount modifications, and the universality of the 45GP container code. It aims to help freight forwarders and foreign trade enterprises improve efficiency and reduce risks by providing a comprehensive overview of key processes and best practices in the industry.
This article provides practical guidance on common issues encountered during consolidation customs clearance, such as cargo tally modifications, empty container leasing, and reefer container transportation. It also interprets practical aspects of port area operations. The aim is to assist freight forwarders and foreign trade practitioners in efficiently completing consolidation customs clearance processes. It covers key operational considerations and offers insights to streamline the entire process, ensuring smoother and faster customs clearance for consolidated shipments.
This article provides a detailed overview of the customer service inquiry, container guarantee application, and cargo pick-up process after booking with Maersk. It emphasizes strategies for dealing with overbooking situations, tips for using the Maersk website, and important considerations for inland transportation. The aim is to offer practical operational guidance for foreign trade professionals, covering key aspects from booking confirmation to final delivery and highlighting best practices for efficient and effective cargo management.
This article details the process, required documents, and tax & foreign exchange handling for returned exported goods. It provides solutions for specific scenarios, aiming to help businesses efficiently and compliantly manage return shipments, minimize economic losses and operational risks, and ensure a smooth return process. The article covers key aspects of export returns, including documentation requirements, customs procedures, and relevant regulations, providing practical guidance for businesses navigating this complex area of international trade.
This article focuses on the customs clearance process at Ningbo Port, addressing frequently asked questions regarding dangerous goods transportation, differentiation between domestic and foreign trade, information inquiries, and cut-off times. It also highlights the procedural differences between Shanghai Port and Ningbo Port. The aim is to help cargo owners complete cargo transportation efficiently and conveniently, avoiding unnecessary delays and losses. This guide provides practical information for navigating the complexities of Ningbo Port's customs procedures.
This article provides a detailed explanation of the Importer Security Filing (ISF) system in the United States, covering the "10+2" filing requirements, frequently asked questions, key considerations, and how to avoid penalties. The aim is to help foreign trade exporters understand the ISF filing process, ensure smooth customs clearance, and avoid unnecessary financial losses. It offers practical guidance on navigating the complexities of ISF compliance and highlights potential pitfalls to watch out for.
