Guide to Incoterms Simplifies Global Trade Rules

Guide to Incoterms Simplifies Global Trade Rules

This article systematically reviews common Incoterms in international trade, such as EXW, FOB, CIF, and DDP, explaining their core functions, division of responsibilities, and risk transfer. It also analyzes specific trade scenarios. The importance of choosing appropriate Incoterms and the key aspects of risk control are emphasized, aiming to help foreign trade practitioners better understand and apply international trade terms. Understanding these terms is crucial for successful international transactions and mitigating potential liabilities.

08/22/2025 Logistics Encyclopedia
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Flexport Opens New Offices in Amsterdam Hong Kong and New York

Flexport Opens New Offices in Amsterdam Hong Kong and New York

Flexport announced the opening of three new offices in Amsterdam, Hong Kong, and New York. This expansion aims to better serve clients, reduce shipping costs, and foster closer collaboration with asset owners. The move signifies an accelerated global expansion for Flexport and further solidifies its position as a leading technology-driven freight forwarder. This strategic expansion will allow Flexport to provide enhanced services and solutions to its growing global customer base, leveraging its technology platform to optimize supply chains and improve overall efficiency.

11/03/2025 Logistics
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Efficient Consolidated Cargo Shipping Operation Guide

Efficient Consolidated Cargo Shipping Operation Guide

This guide provides you with efficient operational tips for LCL (Less than Container Load) cargo transportation. Learn about the booking process for LCL shipments, the importance of working with freight forwarders, and how to avoid risks related to discrepancies in Letters of Credit (L/C). Additionally, accurately measure your cargo's weight and dimensions, understand minimum charge standards, and confirm transportation feasibility for remote areas to ensure smooth transactions.

07/17/2025 Logistics Encyclopedia
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Understanding Beijing's Domestic Source and Destination Codes

Understanding Beijing's Domestic Source and Destination Codes

This article provides a detailed analysis of the coding rules for cargo sources and destinations within Beijing, emphasizing the importance of accurate reporting. According to customs regulations, the coding requirements vary by region based on economic development levels, with developed areas needing to specify districts and counties. It particularly highlights the special designation of Zhongguancun National Independent Innovation Demonstration Zone and offers a series of effective codes for freight forwarders' reference to ensure smooth customs clearance.

07/21/2025 Logistics Encyclopedia
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Understanding and Practicing HS Customs Commodity Code Classification

Understanding and Practicing HS Customs Commodity Code Classification

This article explores the importance and principles of HS customs product coding and classification, emphasizing its critical role in import and export trade and customs regulation. By analyzing the fundamental principles of product classification, such as priority specification, basic characteristics, and subsequent classification principles, the article provides solutions and examples for common practical issues. It encourages customs declarants to continue learning and practicing to enhance the accuracy and effectiveness of classification work.

07/21/2025 Logistics Encyclopedia
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Amazon Ends Review Sharing Sellers Adjust Strategies

Amazon Ends Review Sharing Sellers Adjust Strategies

Amazon's review policy is undergoing significant changes, potentially eliminating the variation sharing mechanism. This new regulation aims to enhance review authenticity, benefiting consumers but posing challenges for sellers relying on variation merging strategies. Sellers should proactively adapt by ensuring compliance, improving product quality and service, and diversifying promotion channels to navigate the new policy environment. This shift necessitates a focus on genuine customer feedback and sustainable business practices rather than relying solely on aggregated reviews.

01/05/2026 Logistics Industry Insights
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Amazon Sellers Grapple With Refund Surges and Stricter Compliance

Amazon Sellers Grapple With Refund Surges and Stricter Compliance

This article delves into two major challenges currently facing Amazon sellers: the risk of abnormal refunds and compliance requirements under the European General Product Safety Regulation (GPSR). For abnormal refunds, it suggests strategies such as regular self-inspection and timely claims. Regarding GPSR compliance, it provides a detailed interpretation of key compliance points and offers practical advice. The aim is to help sellers mitigate risks and ensure the stable operation of their stores.

01/04/2026 Logistics Industry Insights
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