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.
Understanding Delivery Terms in International Trade — Incoterms®
Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.
Analysis of Through Cargo in International Air Freight
This article explores the process of through transport in international air freight, distinguishing it from stopover transport. It discusses various aspects to consider in through transport, such as dimensions and weight, time requirements, and the transportation of cargo in batches. The importance of ensuring the carrier capacity at through stations and the timely handling of cargo anomalies is emphasized.
International Air Freight Forwarding Agents' Cargo Inspection Measures Standards
This article discusses the measures and procedures for cargo inspection by international air freight agents, aiming to standardize the inspection process and ensure the safety and efficiency of air transport. The inspections must be conducted by qualified personnel and carried out outside regulated areas, involving the participation of shippers and consignees, as well as special handling provisions for certain cargo. Since their implementation in 2015, these measures have effectively raised air transport safety standards.
Understanding Free Detention: The Value and Significance in Ocean Freight Containers
Free Detention is a period in international shipping during which the cargo owner can use the container without charge, typically lasting for 7 days. Exceeding this period incurs detention fees. Understanding Free Detention and the methods for applying for extensions is crucial for cargo owners to effectively manage transportation costs. The collection of detention fees aims to enhance the utilization of containers and prevent cargo owners from monopolizing them.
International Air Freight Charges For Letters and Packages Explained
This article details the pricing standards for international air, land, and sea letter services, including specific costs for letters, postcards, printed materials, and small parcels. It categorizes these into different groups and highlights the main countries and regions served, helping readers better understand international mailing fees.
Classification of Whale Oil Customs Codes
The classification of the customs code for whale oil is crucial, as it distinguishes between endangered and non-endangered species. According to the customs import-export tariff, whale oil is coded as 1504300010 (endangered marine mammals) or 1504300090 (non-endangered marine mammals). As whales are mammals, they cannot be classified as fish oil. Selecting the accurate code requires determining the whale species or consulting professionals to comply with customs regulations.
Understanding Declared Value for Carriage and Additional Fees in International Air Freight
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.
Understanding The Significance Of Passenger Flight Transportation In Air Freight
Scheduled transport is a key method in air freight, referring to the transportation of goods executed by fixed flights. Cargo is transported in the belly holds of passenger aircraft. Despite limitations such as high freight rates and limited cargo space, the fixed flight schedule and transparent pricing offer better predictability and options for businesses. During peak seasons, there may be challenges with tight cargo space, affecting the timely dispatch of goods.
Comprehensive Guide to Handling Marine Cargo Damage
As a major mode of transportation in international trade, marine shipping often encounters cargo damage issues. This article explores approaches to handling cargo damage, including identifying the carrier's liability period, the claims process after purchasing insurance, the necessity of cargo damage inspections, and strategies for multiple claims. By analyzing specific cases, it emphasizes the importance of distinguishing legal relationships, determining liability, and the right of subrogation, aiming to provide guidance for managing cargo damage during marine transportation.