Strategies to Reduce FOB Risks in Global Trade

Strategies to Reduce FOB Risks in Global Trade

While convenient, FOB (Free On Board) Incoterms carry the significant risk of delivery without a Bill of Lading. This article delves into the potential risks associated with FOB, highlighting issues such as freight forwarder control, Bill of Lading circulation, and the transfer of transportation risks. It provides practical advice to mitigate these risks, including selecting freight forwarders carefully, maintaining control over the goods, and purchasing export credit insurance. These measures can help you navigate international trade with greater confidence and security.

01/29/2026 Logistics Encyclopedia
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WCO Launches Enhanced Trade Efficiency Training Course

WCO Launches Enhanced Trade Efficiency Training Course

The World Customs Organization (WCO) has launched an upgraded Time Release Study (TRS) CLiKC! course, designed to help customs administrations measure cargo release times, optimize processes, and improve efficiency. The course covers all phases of the TRS methodology, emphasizing practical application through case studies, exercises, and role-playing to enhance participants' skills. This initiative supports trade facilitation and benefits the global economy. WCO members can access the course for free on the CLiKC! platform. It aims to enhance customs efficiency and reduce release times for goods.

01/05/2026 Customs Knowledge
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Cambodia Import Tariffs Guide for Chinese Ecommerce Sellers

Cambodia Import Tariffs Guide for Chinese Ecommerce Sellers

This article analyzes Cambodia's import tariff policies, highlighting the zero-tariff advantages under the China-ASEAN Free Trade Area framework. It reminds sellers to pay attention to compliance risks and recommends consulting professional institutions to develop comprehensive plans. This aims to help Chinese cross-border e-commerce companies successfully enter the Cambodian market. Understanding the nuances of Cambodian regulations and proactively addressing potential compliance issues is crucial for sustainable growth and avoiding penalties. Seeking expert advice can significantly mitigate risks and ensure a smooth market entry process.

01/15/2026 Customs Knowledge
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Port of Long Beach Deals Cargo Tracking System to Streamline Supply Chain

Port of Long Beach Deals Cargo Tracking System to Streamline Supply Chain

The Port of Long Beach has launched the 'Supply Chain Information Highway' initiative, aiming to enhance cargo tracking and visibility through free cargo visualization software developed in collaboration with UNCOMN. This project addresses the lack of supply chain transparency by integrating data and fostering collaboration. Utilizing secure technologies, it promises to improve supply chain efficiency and resilience, ultimately delivering more efficient and reliable services for global trade. The initiative focuses on providing better cargo visibility and streamlining operations within the port and its extended supply chain network.

01/19/2026 Logistics
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Shanghai Enhances Chinarussia Trade with Faster Customs Clearance

Shanghai Enhances Chinarussia Trade with Faster Customs Clearance

Shanghai Russia logistics DDP shipping line offers professional and efficient customs clearance, a convenient and direct transportation network, secure and reliable warehousing services, and one-stop logistics solutions. We help businesses facilitate smooth China-Russia trade and effortlessly expand into the Russian market. Our DDP service simplifies the shipping process, handling all duties and taxes, ensuring a hassle-free experience. Focus on your core business while we manage the complexities of international logistics. We provide reliable and cost-effective solutions for your Russian market needs.

01/30/2026 Logistics
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Maersk Launches Mauritius Trade Solutions

Maersk Launches Mauritius Trade Solutions

Maersk offers localized and integrated logistics solutions in Mauritius, streamlining supply chains and boosting efficiency to support business growth. We optimize digital experiences through Cookie management and provide customized services including customs clearance, warehousing, and inland transportation, along with comprehensive freight forwarding and supply chain management solutions. Our new booking solution enables instant confirmation, improving booking efficiency and providing greater control over your shipments.

09/28/2025 Logistics
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Shenzhendakar Route Boosts Chinaafrica Trade

Shenzhendakar Route Boosts Chinaafrica Trade

Sea freight from Shenzhen to Dakar is a crucial component of China-Africa trade, favored for its relatively reasonable prices and stable transit times. This paper analyzes the price factors, factors influencing transit time, and key considerations for this route. It also explores the significant role this shipping lane will continue to play in future China-Africa trade relations, highlighting its importance for businesses seeking cost-effective and reliable logistics solutions between the two regions. The route offers a vital link for facilitating economic exchange.

01/28/2026 Logistics
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Strategies to Optimize Merchandise Processing Fees for Cost Savings

Strategies to Optimize Merchandise Processing Fees for Cost Savings

This paper provides an in-depth analysis of Merchandise Processing Fee (MPF) consolidation strategies and highlights its potential for reducing import costs. By consolidating multiple entries into a single one, companies can reach the MPF maximum limit faster, avoiding repetitive payments. The article details the advantages, risks, and operational conditions of MPF consolidation. It also compares it with Free Trade Zones (FTZ), offering practical operational guidelines and future trend perspectives for importers. The focus is on optimizing customs clearance and minimizing overall import expenses through strategic MPF management.

11/03/2025 Customs Knowledge
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Shipping Firms Face Rising Terminal Fees Amid Global Trade Shifts

Shipping Firms Face Rising Terminal Fees Amid Global Trade Shifts

This article provides a detailed analysis of destination port surcharges in international sea freight, covering common fee items for both FCL and LCL shipments. Addressing the risk of arbitrary charges at the destination port, it suggests strategies such as clarifying the fee list before booking, choosing reputable freight forwarders, defining trade terms, controlling free time, and verifying invoices. Furthermore, it explores cost control methods like optimizing transportation plans and improving customs clearance efficiency. The aim is to assist import and export companies in effectively managing and reducing international sea freight costs.

01/29/2026 Logistics Encyclopedia
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