Customs Agencies Expand Role in Revenue Security Efforts

Customs Agencies Expand Role in Revenue Security Efforts

The article explores the importance of revenue collection as a core function of customs and how, with social development, the role of customs has expanded to include anti-counterfeiting, anti-terrorism, and environmental protection. Customs faces both challenges and opportunities in balancing these new tasks with traditional responsibilities.

Key Incoterms Crucial for International Trade Success

Key Incoterms Crucial for International Trade Success

This article discusses the importance of Incoterms® (International Commercial Terms) and the changes in its latest version, emphasizing the role of clearly defined responsibilities and cost allocation in international trade. It aims to help readers effectively reduce transaction risks and enhance the efficiency of cross-border transactions.

Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

This article explores how to effectively utilize international trade terms (Incoterms® 2020) to manage tariff risks in international trade. It analyzes the allocation of responsibilities under various terms and provides practical recommendations to cope with tariff fluctuations, thereby enhancing the competitiveness of businesses in the global market.

Fmcs Critical Role in US Maritime Shipping Regulation

Fmcs Critical Role in US Maritime Shipping Regulation

This article provides a detailed overview of the responsibilities of the Federal Maritime Commission (FMC) in the United States and its significance in ocean transportation. It emphasizes how the FMC ensures fair competition through regulation and discusses how Flexport maintains compliance and service quality within the FMC's framework.

BIMCO Governance Structure and Key Roles Explained

BIMCO Governance Structure and Key Roles Explained

This article introduces BIMCO's governance structure, core functions, and its significant role in the shipping industry, including the specific responsibilities of the Board of Directors, Executive Committee, and various professional committees. Since its establishment in 1905, BIMCO has continually evolved to provide efficient and transparent services and support to its members.