General Terms in International Trade: The Application and Importance of Incoterms®
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
On May 11, 2023, Lanzhou launched the 'Lanzhou Line' for international freight rail and road transport to South Asia. This new route tightly connects Lanzhou with South Asian countries, promoting local economic development and enhancing Sino-Nepalese relations. As a vital logistics hub, Lanzhou's strategic advantage under the Belt and Road Initiative is significantly elevated. The market recognition is gradually increasing, and it is expected to bring economic development opportunities to multiple regions in the future.
This article introduces the concept and necessity of the declared value of goods in international air freight. It analyzes the calculation methods of additional fees and the types of goods to which they apply, emphasizing the importance of processing the declared value.
Yantian International Container Terminal has become the domestic preferred port for ultra-large vessels, with multiple successful berths in 2023. The terminal features deep-water berths and advanced gantry crane facilities, allowing efficient service for numerous large ships. By adhering to a strategy focused on large vessels and optimizing services, Yantian International has achieved a continuous increase in cargo volume, surpassing the industry average and solidifying its strategic position in South China.
The first "Chimanou" international freight train set off from Chifeng on September 17, carrying 1,100 tons of lysine directly to Russia. The journey covers 9,000 kilometers, taking 10-12 days one way. By utilizing an efficient customs declaration model, companies can benefit from expedited clearance services, significantly improving foreign trade transportation efficiency and enhancing regional economic growth and international competitiveness.
At the fourth "Green Postal Day," the International Post Corporation (IPC) highlighted that global postal companies are actively responding to the demand for sustainable delivery services by adopting electric vehicles and renewable energy sources, focusing on carbon reduction and environmental protection. Since 2008, carbon dioxide emissions have been reduced by 34%, with future goals aimed at increasing the proportion of alternative fuel vehicles to support greener trunk transportation.
This article provides detailed information on air freight prices for international shipping from Shenzhen, covering major routes and transportation costs for various types of goods. By presenting specific price tables, it helps users understand the different air freight options available, allowing for informed budgeting and decision-making for their shipping needs.
Split customs declaration is increasingly important in international logistics due to the diverse origins, complex types of goods, and varying regulatory requirements. By dividing a single shipment into multiple declarations, businesses can better comply with customs regulations, manage risks, and optimize processes. Additionally, in certain situations, commercial strategies also drive companies to opt for split declarations, even when the goods are identical.
The IATA's 7th World Cargo Symposium focused on air cargo security and sustainable development. WCO Deputy Secretary General Mujica emphasized the importance of regulatory frameworks and introduced WCO's related initiatives. Key issues such as security, technological innovation, and regulatory frameworks were discussed. The symposium proposed strengthening international cooperation and information sharing to promote the healthy development of the air cargo industry. The discussions aimed to enhance safety measures, explore innovative solutions, and improve regulatory compliance within the global air cargo sector.
The 2025 Shanghai International Express Logistics Exhibition will be held from September 3 to 5 in Shanghai, bringing together leading global companies to focus on smart logistics, green low-carbon solutions, and cross-border supply chains. The event will feature technology showcases and business matchmaking, expecting around 800 exhibitors and nearly 10,000 attendees. It will cover intelligent equipment, digital solutions, and green logistics technologies.