Shipping Industry Warns of Hidden Container Fees

Shipping Industry Warns of Hidden Container Fees

In international shipping, various surcharges related to containers, such as container detention charges, drop-off charges, and demurrage, are significant. This paper provides a detailed analysis of the reasons for these charges, their scope of application, and who bears the responsibility. It also offers suggestions for pre-entry and drop-off options, aiming to help shippers and freight forwarders plan ahead, avoid additional costs, and ensure smooth cargo transportation. Understanding these fees is crucial for efficient and cost-effective international shipping operations.

11/03/2025 Logistics Encyclopedia
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Fedex Overhauls Package Pricing Amid Higher Shipping Costs

Fedex Overhauls Package Pricing Amid Higher Shipping Costs

FedEx has announced that starting August 18, it will adjust its parcel size billing method, rounding up all dimensions during calculations. This move may increase shipping costs and add additional fees. Businesses need to modify their packaging strategies to comply with the new regulations while also facing increased import processing fees.

07/25/2025 Logistics
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Standard Chartered Botswana SWIFT Code Explained

Standard Chartered Botswana SWIFT Code Explained

This article provides a detailed analysis of the SWIFT code SCHBBWGXSSU for STANDARD CHARTERED BANK BOTSWANA LTD., emphasizing the importance of using the correct SWIFT code for international remittances to ensure the quick and secure transfer of funds. In global financial transactions, the correct bank code is vital for smooth processing.

09/12/2025 International Settlement
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Guide to SWIFT Codes for Moldovas Victoriabank

Guide to SWIFT Codes for Moldovas Victoriabank

This article explains how to effectively find the SWIFT code for the United Commercial Victoria Bank and its remittance services. When making remittances, choosing the Xe platform can provide better exchange rates, lower fees, and faster processing times. Readers are also reminded to verify information before transferring funds to ensure security.

08/21/2025 International Settlement
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SWIFTBIC Codes Key to Seamless Global Money Transfers

SWIFTBIC Codes Key to Seamless Global Money Transfers

This article discusses the importance of SWIFT/BIC codes, using INTESA SANPAOLO SPA as an example to explain their composition and usage considerations. It also highlights the advantages of choosing Xe for remittances, including better exchange rates and faster processing times, ensuring a smooth and worry-free international money transfer.

08/18/2025 International Settlement
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