Flexport and APL have partnered to launch the 'Eagle Express RailFlash' sea-rail intermodal service, reducing transit times from China to the US inland by at least 4 days. This service offers end-to-end visibility and management throughout the entire logistics process, providing enhanced control and efficiency for shippers navigating US-China trade.
This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.
This paper delves into the distinction between customs territory and national border, emphasizing that the key to defining a customs territory is the “implementation of the same customs law,” and correcting misconceptions about “within the border but outside customs.” It also provides a detailed introduction to the concept and operation of free trade ports, using Singapore and Hong Kong as examples to illustrate the role of free port policies in promoting international trade. Understanding these concepts is crucial for practitioners in cross-border trade.
HAFFA, the Hong Kong Air Freight Association, is a non-profit organization dedicated to promoting the standards and development of the air freight industry in Hong Kong. It offers services to its members, fosters industry standardization, protects rights and interests, provides professional training, and engages in international cooperation to enhance Hong Kong's position in global logistics.
The new deep-water bulk carrier berths at the Port of Liverpool have officially opened, aimed at enhancing the port's loading and unloading capacity and efficiency to meet the growing demands of international trade. This modern facility provides safe and efficient cargo handling services for large bulk vessels, reinforcing Liverpool's significant position in the global logistics network.
This article explores the future of logistics and supply chain technology, focusing on the applications of artificial intelligence and automation in Transportation Management Systems (TMS) and how they drive improvements in business efficiency and effectiveness. Experts share insights on current industry challenges and strategies to address them, emphasizing how companies can leverage technology for transformation and innovation.
This article analyzes the importance of the food logistics industry, particularly the critical role of air transportation in ensuring the timely delivery of fresh produce to consumers. In 2024, the fresh produce market via air transportation is projected to grow by 8%, with fruits and vegetables holding the largest share. Accelerated air freight services will significantly reduce food waste.
The Next Generation Supply Chain Conference 2025 will be held in Nashville from October 22 to 24, featuring Uber Freight CTO Val Marchevsky as the keynote speaker. He will discuss how technology is reshaping the logistics industry. The conference will include various specialized areas, bringing together industry elites to support the future development of the supply chain.
This article analyzes the main types of bills of lading in cross-border logistics, including original and duplicate bills, named and endorsed bills, and shipped and goods-to-be-loaded bills. It emphasizes their importance in the transfer of cargo ownership, legal effectiveness, and operational practices, assisting foreign trade practitioners in optimizing processes and mitigating risks.
Third-party logistics (3PL) has experienced growth amidst challenges such as geopolitical issues, tariffs, costs, and labor shortages, achieved through technology investments and industry consolidation. In 2024, the net revenue of the U.S. 3PL market is expected to grow by 1.6%. Technological innovation and resource integration are becoming pivotal for the industry to tackle these challenges.
