Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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FCA Terms Cut Costs Risks in International Trade Logistics

FCA Terms Cut Costs Risks in International Trade Logistics

This article analyzes the Free Carrier (FCA) Incoterm, covering its definition, delivery methods, advantages, differences from FOB, and supplements within Incoterms® 2020. It helps you control costs and mitigate risks in international trade transactions. Understanding FCA is crucial for determining responsibilities and liabilities between buyer and seller regarding delivery and transportation. The analysis provides practical insights for businesses involved in global commerce, enabling them to leverage FCA effectively for optimized logistics and minimized potential disputes.

11/03/2025 Logistics Encyclopedia
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Hong Kong Files WTO Complaint Over US Tariffs

Hong Kong Files WTO Complaint Over US Tariffs

The Hong Kong SAR government has filed a complaint with the WTO regarding the US's imposition of tariffs, citing violations of WTO rules and disregard for Hong Kong's status as a separate customs territory. This action aims to protect Hong Kong's trade interests, defend multilateral trade principles, and promote the resolution of international trade disputes. Hong Kong will closely monitor developments, safeguard its trade position, and calls on the international community to jointly uphold WTO rules.

11/03/2025 Customs Knowledge
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Break Bulk Cargo Key to Global Shipping Efficiency

Break Bulk Cargo Key to Global Shipping Efficiency

Breakbulk cargo refers to goods that cannot be transported in standard containers and are typically shipped individually. Unlike bulk cargo, breakbulk cargo requires greater equipment and labor resources, making the transportation process more complex. Understanding its transport characteristics can help optimize logistics management and enhance a company's competitiveness.

08/05/2025 Logistics Encyclopedia
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Freight Brokers Safeguard Shippers Amid Rising Claims

Freight Brokers Safeguard Shippers Amid Rising Claims

Freight brokers protect client interests by assisting with claim filing, facilitating communication and coordination, providing documentation, and mediating disputes. Selecting a reputable broker effectively mitigates transportation risks and avoids complex claim processes, ensuring cargo safety and maximizing benefits. Brokers assist with navigating the complexities of freight claims, advocating for their clients to secure fair settlements. Their expertise streamlines the process and reduces the administrative burden on shippers. Ultimately, a skilled freight broker is a valuable asset in managing potential freight-related issues.

09/28/2025 Logistics Encyclopedia
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Global Ecommerce Faces Rising Parcel Return Costs

Global Ecommerce Faces Rising Parcel Return Costs

The responsibility for international small packet return shipping fees follows the principle of "source of responsibility," determined by factors like the reason for return, trade terms, and platform regulations. Buyers, sellers, transportation, customs clearance issues, and Incoterms all influence who bears the cost. Clearly defining responsibility, choosing reliable logistics, preserving evidence, and proactive communication are crucial for resolving disputes. The party at fault, whether due to product defect, incorrect shipment, or other issues, is generally responsible for covering the return shipping expenses.

11/03/2025 Logistics Encyclopedia
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Ebay Sellers Profit from Overseas Used Goods Trade

Ebay Sellers Profit from Overseas Used Goods Trade

This article provides a detailed interpretation of the precautions for selling used goods on eBay, covering brand issues, category selection, pricing strategies, and information disclosure. It aims to help sellers better understand platform rules and master sales techniques, thereby achieving success in eBay's used goods market. The article emphasizes the importance of accurate descriptions and transparent communication to build trust with buyers and avoid potential disputes. By following the guidelines, sellers can maximize their profits and maintain a positive reputation on the platform.

12/29/2025 Logistics Encyclopedia
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Ebay Offers Seller Protections During Australia Floods

Ebay Offers Seller Protections During Australia Floods

eBay has announced a seller protection policy in response to the devastating floods in Australia. This policy provides support to sellers affected in New South Wales, Western Australia, Victoria, and Tasmania. The measures include late delivery rate exemptions, cancellation defect removal, protection against 'item not received' disputes, and removal of negative and neutral feedback. This aims to help sellers navigate the challenges posed by the floods. To qualify for the protection, sellers are required to upload valid tracking information promptly.

12/29/2025 Logistics
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L4 Level Autonomous Driving Freight Trucks A Revolutionary Change in the Logistics Industry

L4 Level Autonomous Driving Freight Trucks A Revolutionary Change in the Logistics Industry

The commercialization of L4 level autonomous heavy trucks is reshaping the logistics industry by reducing labor costs and enhancing transportation efficiency, driving the entire sector toward intelligent transformation. Companies like Pony.ai are actively exploring ideal scenarios for bulk commodity transportation, leading to a future where transport becomes more efficient and economical.

07/23/2025 Logistics
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Customs Broker Fees Understanding Declaration Amendment Costs

Customs Broker Fees Understanding Declaration Amendment Costs

This article analyzes the composition of customs declaration amendment fees. Customs itself doesn't charge amendment fees, but customs brokers may levy service fees for labor costs, typically ranging from 300 to 600 RMB. Responsibility for the error is a key factor influencing the fee. Avoiding mistakes is crucial for effective cost control.

08/23/2025 Customs Knowledge
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