International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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Global Shipping Costs Key Fees and Surcharges Explained

Global Shipping Costs Key Fees and Surcharges Explained

International shipping costs mainly consist of three core components: ocean freight, origin port charges, and destination port charges. Additional surcharges may apply in specific circumstances. This article provides a detailed analysis of the composition, calculation methods, and influencing factors of each cost component. It aims to help businesses better control expenses and optimize their logistics solutions by understanding these costs and their drivers.

01/15/2026 Logistics Encyclopedia
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US Import Volumes Drop Sharply Amid Pandemic Demand Decline

US Import Volumes Drop Sharply Amid Pandemic Demand Decline

Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.

01/15/2026 Logistics Industry Insights
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Hub and Regional Airports Boost Efficiency in Global Air Cargo

Hub and Regional Airports Boost Efficiency in Global Air Cargo

This article explores the collaborative logic between international air transport hubs and regional airports, emphasizing the hub airport's capabilities in global logistics aggregation and processing. It also discusses how regional airports enhance regional logistics efficiency through customized services and multimodal transport. The article offers professional logistics consulting advice to support efficient operations.

06/11/2025 Logistics Industry Insights
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Norfolk International Airport Expands Amid Rising Travel Demand

Norfolk International Airport Expands Amid Rising Travel Demand

Norfolk International Airport is a key air transport hub in Virginia, with an IATA code of ORF and an ICAO code of KORF. The airport is dedicated to enhancing service quality by investing in infrastructure and optimizing flight options to meet the growing demand of travelers, while actively promoting regional economic development.

08/08/2025 Airport Codes
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Santiago Perez Airport Becomes Key Hub in Arauca

Santiago Perez Airport Becomes Key Hub in Arauca

Santiago Perez Airport (AUC) is a medium-sized airport in the Arauca province of Colombia, connecting to El Dorado International Airport (BOG). The airport features good runway conditions and air traffic control, providing essential services to promote local economic growth and facilitate the movement of people. It will drive future development in Arauca.

08/08/2025 Airport Codes
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Indonesia's Hang Nadim Airport Expands to Boost Tourism and Trade

Indonesia's Hang Nadim Airport Expands to Boost Tourism and Trade

Hang Nadim Airport (IATA: BTH) on Batam Island is the only civilian airport in Indonesia's Riau Islands, featuring the second-longest runway in Southeast Asia and an expanding terminal. In the coming years, its capacity will be increased to 16 million passengers, serving numerous domestic and international airlines to ensure efficient air connectivity.

07/28/2025 Airport Codes
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New Terminal Boosts Tourism on Ecuadors West Coast

New Terminal Boosts Tourism on Ecuadors West Coast

Eloy Alfaro International Airport (SEMT) serves as the gateway to Manabí Province, Ecuador. Strategically located, it provides convenient air travel options, connecting the world to Manabí. It's an ideal starting point for exploring the region's natural beauty and cultural attractions. The airport plays a vital role in connecting dreams and fostering exchange.

01/22/2026 Airport Codes
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South Koreas Aviation Sector Soars on Triple Growth Drivers

South Koreas Aviation Sector Soars on Triple Growth Drivers

The Korean aviation market demonstrates strong vitality, fueled by the immense popularity of the Jeju-Seoul route and robust recovery of international routes. Korean Air Group dominates the domestic market, while low-cost carriers (LCCs) play a crucial role in international routes. Routes to Japan and Singapore are leading the international market recovery, while routes to China face challenges. The combination of traditional airlines and LCCs drives the continued development of the Korean aviation industry. The market is showing resilience despite ongoing global uncertainties and shifting travel patterns.

01/15/2026 Logistics Industry Insights
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