Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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New Opportunities In Channel Economy How Multiple Freight Trains Are Connecting International Trade Networks

New Opportunities In Channel Economy How Multiple Freight Trains Are Connecting International Trade Networks

With policy support, the China-Europe Railway Express and the New Western Land-Sea Corridor have successfully promoted the development of corridor economies. By innovating customs clearance models and enhancing import trade capabilities, these initiatives have fostered international trade cooperation, which will further drive regional economic integration and growth in the future.

07/25/2025 Logistics
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Price Competition Between Express Delivery And Freight Services New Market Trends And Corporate Responses

Price Competition Between Express Delivery And Freight Services New Market Trends And Corporate Responses

The express delivery and logistics industries are experiencing a reversal in pricing strategies. JD has attempted to increase delivery prices to promote door-to-door services, while logistics companies like Aneng and Baishi are lowering end fees to gain market share. This phenomenon highlights the intense market competition and the flexible response of companies to changing strategies.

07/25/2025 Logistics
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House Bill of Lading Aims to Streamline Global Trade

House Bill of Lading Aims to Streamline Global Trade

This paper delves into the definition, function, and significance of the House Bill of Lading (HBL) in international trade. As a bill of lading issued by a freight forwarder, the HBL serves as a receipt for goods, a contract of carriage, and a document of title, making it crucial for the smooth completion of international trade transactions. The importance of customs clearance and inspection services for sea freight imports is also emphasized, highlighting their role in ensuring compliance and efficient cargo handling.

08/21/2025 Document Interpretation
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Shipping Industry Faces Challenges in Container Tracking

Shipping Industry Faces Challenges in Container Tracking

This article analyzes common problems encountered in consolidated shipment voyage information inquiries, using a question posted by a user named 'Lucky Piglet' on a freight forwarding forum as an example. It addresses issues such as reasons for not finding voyage information and methods for querying cut-off dates, offering corresponding solutions. The aim is to improve information transparency during the consolidation process. It provides practical insights for freight forwarders and shippers dealing with consolidated shipments and seeking accurate and timely voyage details.

08/21/2025 Logistics Encyclopedia
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Guide to Safe LCL Shipping of Alkaline Goods to Busan

Guide to Safe LCL Shipping of Alkaline Goods to Busan

This article details the precautions for LCL sea freight export of Class 8 dangerous goods (alkaline substances) to Busan. It covers key aspects such as shipping schedule information, booking document preparation, warehousing procedures, customs declaration documents, and bill of lading requirements. The aim is to help shippers safely and efficiently complete the dangerous goods sea freight process. It provides guidance on navigating the complexities of shipping these hazardous materials, ensuring compliance with regulations and minimizing potential risks throughout the transportation journey.

04/08/2025 Logistics
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Shanghai Tightens Regulations on Dangerous Goods Shipping

Shanghai Tightens Regulations on Dangerous Goods Shipping

This article provides an in-depth analysis of the category requirements for both Full Container Load (FCL) and Less than Container Load (LCL) dangerous goods sea freight exports from Shanghai Port. It details the restrictions on different categories of dangerous goods regarding transportation methods. The article offers practical operational suggestions and precautions, aiming to help businesses safely and efficiently complete dangerous goods sea freight exports while mitigating potential risks. It serves as a guide for compliant and secure shipment processes.

08/23/2025 Logistics Encyclopedia
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Baikal Airport Expands Eastwest Air Cargo Routes

Baikal Airport Expands Eastwest Air Cargo Routes

This article provides a detailed overview of Ulan-Ude Baikal International Airport (UUD), including its IATA code, major routes, air freight operation guidelines, and strategic importance. As a crucial hub connecting East and West, the airport plays a key role in international air freight logistics. The article also recommends the SeaWest Cargo's IATA code lookup system, offering convenient information retrieval services for businesses and facilitating the development of trade between China and Russia. It highlights the airport's significance in the Russian logistics landscape.

09/29/2025 Airport Codes
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