Global Logistics Firms Grapple With Rising Demurrage and Detention Costs

Global Logistics Firms Grapple With Rising Demurrage and Detention Costs

This article provides a detailed explanation of demurrage and detention fees in cross-border logistics, including their definitions, causes, and avoidance methods. Demurrage refers to the charges incurred for exceeding the free time allowed for cargo to remain in a port terminal. Detention, on the other hand, is charged for exceeding the free time allowed for the return of shipping containers to the carrier. The article offers practical advice from various perspectives, such as customs clearance preparation, time management, and responsibility allocation, to help importers and exporters reduce logistics costs and improve trade efficiency.

Chinese Merchants Use Emotional Appeal to Boost Global Tiktok Sales

Chinese Merchants Use Emotional Appeal to Boost Global Tiktok Sales

This article analyzes the success stories of viral products like "Crying Horse" on TikTok, revealing the importance of emotional value, user feedback, and content marketing in product globalization. It offers three key insights for Chinese merchants expanding to TikTok: anchoring on emotional value, optimizing products with a user-centric approach, and leveraging content to empower details. By focusing on these aspects, businesses can achieve success in overseas markets. The analysis highlights how understanding and catering to consumer emotions, actively seeking user input, and creating engaging content are crucial for thriving in the competitive TikTok e-commerce landscape.

Yiwu Firms Gain Free Crossborder Ecommerce Tools for Global Growth

Yiwu Firms Gain Free Crossborder Ecommerce Tools for Global Growth

Shoptop partnered with Big Data Cross-border to hold a summit in Yiwu, focusing on peak season overseas expansion for cross-border e-commerce. Shoptop experts shared strategies for building and operating independent websites, providing free website building and full-site SEO services to sellers in Yiwu and across the country. This initiative aims to help small commodity businesses build branded independent websites and expand into overseas markets.

Decoding CIP Incoterms Key Costs and Logistics in Global Trade

Decoding CIP Incoterms Key Costs and Logistics in Global Trade

This article provides an in-depth analysis of CIP Incoterms, explaining its cost allocation, modes of transport, and customs clearance responsibilities. Under CIP, the seller is responsible for delivering the goods to the named place of destination and procuring transport insurance, but typically does not cover customs clearance costs at the destination port. Businesses should clearly define all terms to mitigate trade risks.

Global Customs Body Cracks Down on Illegal Plastic Waste Trade

Global Customs Body Cracks Down on Illegal Plastic Waste Trade

The World Customs Organization (WCO) highlighted the importance of marine conservation on UN World Oceans Day, urging global attention to plastic waste pollution. The WCO combats illegal plastic waste trade and protects marine ecosystems through strengthened enforcement cooperation, promotion of green trade facilitation, enhanced environmental enforcement capabilities for customs officers, and active participation in international collaborations. These efforts aim to build a blue ecological barrier and protect our oceans from the detrimental effects of plastic pollution.

WCO WTO Train Trade Committee Chairs to Boost Global Commerce

WCO WTO Train Trade Committee Chairs to Boost Global Commerce

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), empowers National Trade Facilitation Committee (NTFC) Chairs through capacity building, enhancing their understanding and implementation of the Trade Facilitation Agreement (TFA). The WCO's Mercator Program and related tools are highlighted within the curriculum, aiming to assist countries in improving trade efficiency. This multi-stakeholder cooperation model provides an effective pathway for global trade facilitation.

Comparing DHL Fedex UPS and TNT for Global Shipping Needs

Comparing DHL Fedex UPS and TNT for Global Shipping Needs

This article provides an in-depth analysis of the strengths and weaknesses of major international express companies such as DHL, FedEx, UPS, TNT, and China Post EMS. The aim is to assist businesses and individual users in selecting the most suitable international express service based on their specific needs, considering factors such as destination, weight, delivery time, and budget. This enables users to optimize their global logistics strategies and make informed decisions when shipping internationally.

New Customs Codes Set for Highstrength Polyester Yarn Imports

New Customs Codes Set for Highstrength Polyester Yarn Imports

This article analyzes the customs code, tax rate, and declaration elements of non-retail polyester high-strength multi-strand yarn (HS code 5402200090). It provides a detailed overview of the tax situation and market applications of this product in exports, helping companies understand relevant policies to enhance their competitiveness in the international market.

Guide to HS Codes for Tea and Spices Exporters

Guide to HS Codes for Tea and Spices Exporters

This article delves into the HS codes of the 09 series, covering export information and regulatory conditions for products such as black tea, Pu-erh tea, dark tea, mate, pepper, and chili. It aims to assist businesses in accurately understanding key regulations in international trade, thereby enhancing export efficiency and market competitiveness.