Maersk Upgrades Online Tool to Reduce Import Costs

Maersk Upgrades Online Tool to Reduce Import Costs

This article details the usage of Maersk's self-service tool for querying demurrage and detention charges, and provides an in-depth explanation of these concepts. The tool allows importers to easily track free container usage periods, effectively controlling logistics costs. Furthermore, the article offers suggestions for optimizing logistics costs, helping businesses improve operational efficiency. It emphasizes the importance of understanding and managing these charges to minimize expenses associated with container usage beyond the agreed-upon free time.

09/28/2025 Logistics
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Yangshan Port Streamlines Customs Clearance for Efficiency

Yangshan Port Streamlines Customs Clearance for Efficiency

This article provides an in-depth analysis of the key aspects and considerations for returned goods customs clearance at Shanghai Yangshan Port. It details the precautions, required document checklist, and frequently asked questions related to duty-free return/repair of exported goods. The aim is to assist businesses in efficiently and compliantly completing returned goods clearance, avoiding unnecessary costs and delays. It serves as a practical guide to navigate the complexities of the process, ensuring a smooth and hassle-free experience.

02/06/2025 Customs Knowledge
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USD to Rupiah Volatility Trends and Economic Impact

USD to Rupiah Volatility Trends and Economic Impact

The exchange rate of the US dollar to the Indonesian rupiah is currently 16,264.3 IDR, up 1.47% compared to the same period last year. Over the past year, the exchange rate has shown significant fluctuations, with a low of 15,120 and a high of 17,066.1. The persistent volatility in the exchange rate serves as a reminder for policymakers and investors to treat market changes with caution.

08/08/2025 Exchange Rate Query
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Australian Exporters Face Container Shortages Rising Costs

Australian Exporters Face Container Shortages Rising Costs

The current container export business to Australia faces multiple challenges, including booking difficulties, rising costs, and increased operational risks. Equipment shortages lead to booking problems, while rising THC (Terminal Handling Charges) increase operating costs for businesses. Inspection and storage fees are also uncertain. Companies should plan bookings in advance, avoid Bill of Lading amendment errors, and arrange cargo storage reasonably to cope with these challenges. Proactive planning and careful execution are crucial for mitigating risks and minimizing potential losses in this dynamic environment.

08/22/2025 Logistics Encyclopedia
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Shanghais Waigaoqiao FTZ Eases Export Logistics Amid New Rules

Shanghais Waigaoqiao FTZ Eases Export Logistics Amid New Rules

This article provides a detailed analysis of the container amendment process for export goods in the Waigaoqiao Free Trade Zone, focusing on container cut-off times and demurrage fees. It also examines Hanjin Shipping's free time policy for HC containers. The importance of understanding key logistics information and selecting professional partners is emphasized. The aim is to help foreign trade enterprises effectively control costs and improve logistics efficiency. This includes navigating the complexities of container amendment processes and understanding the implications of different shipping line policies.

08/22/2025 Logistics Encyclopedia
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Customs Vs National Territory Key for Crossborder Trade

Customs Vs National Territory Key for Crossborder Trade

This paper delves into the distinction between customs territory and national border, emphasizing that the key to defining a customs territory is the “implementation of the same customs law,” and correcting misconceptions about “within the border but outside customs.” It also provides a detailed introduction to the concept and operation of free trade ports, using Singapore and Hong Kong as examples to illustrate the role of free port policies in promoting international trade. Understanding these concepts is crucial for practitioners in cross-border trade.

09/26/2025 Customs Knowledge
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