ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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West Coast Ports Strike Deal to Avoid Supply Chain Disruption

West Coast Ports Strike Deal to Avoid Supply Chain Disruption

The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) reached a tentative agreement on a six-year contract, bringing stability to West Coast ports. This agreement alleviates concerns about supply chain disruptions. However, long-term challenges such as automation, infrastructure, and efficiency remain. Continued cooperation between all parties is necessary to ensure the competitiveness of the ports and meet trade demands. The agreement signals a positive step towards long-term stability but requires ongoing commitment to address underlying issues.

11/03/2025 Logistics
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Crossborder Ecommerce Grapples With Bill of Lading Risks

Crossborder Ecommerce Grapples With Bill of Lading Risks

Cross-border e-commerce sellers face significant risks associated with delivery without original bills of lading. This paper provides a comprehensive prevention strategy from six aspects: contract signing, payment method selection, carrier selection, cargo tracking management, proper document storage, and risk awareness enhancement. It aims to help sellers build a robust risk prevention system and ensure the security of cross-border trade funds. By implementing these strategies, sellers can mitigate potential losses and protect their financial interests in international transactions.

11/03/2025 Logistics Encyclopedia
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Fedex Pilots Approve Strike Vote Threatening Global Supply Chains

Fedex Pilots Approve Strike Vote Threatening Global Supply Chains

FedEx pilot union leaders have approved a strike authorization vote as contract negotiations with the company stall. The strike threat stems from long-standing labor disputes over issues such as pay and working conditions, potentially impacting global supply chains and the economy. All parties need to respond rationally and actively seek solutions to avoid a strike. The authorization vote does not guarantee a strike, but it significantly increases the pressure on FedEx to address the union's concerns and reach a fair agreement.

11/03/2025 Logistics
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Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.

07/21/2025 Logistics
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Understanding Freight Rates and Charges in the Maritime Industry

Understanding Freight Rates and Charges in the Maritime Industry

This article discusses the meanings of freight rates and transport costs and their relationship. The freight rate is the price charged by carriers for transportation services, impacting the supply-demand balance in the shipping market. In contrast, transport cost is the remuneration paid by users according to the transportation contract, linked by a multiplicative relationship. Understanding the fluctuations in freight rates and their effects on transport costs helps shipping companies and cargo owners manage costs and make better business decisions.

07/28/2025 Logistics Encyclopedia
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Study Finds Shippers Carriers Align on Transport Industry Priorities

Study Finds Shippers Carriers Align on Transport Industry Priorities

A new Breakthrough study reveals three key areas of consensus between shippers and carriers in the next 12 months: reducing emissions, building mutually beneficial contract relationships, and navigating fluctuations in linehaul rates. The report emphasizes collaboration, innovation, and sustainability as crucial for industry advancement. It provides strategic insights for businesses to address challenges and capitalize on opportunities, highlighting the importance of working together to achieve shared goals in a dynamic freight landscape. This research offers valuable guidance for navigating the evolving transportation sector.

01/28/2026 Logistics Industry Insights
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Customs Tightens Rules on Fraudulent Trade Practices

Customs Tightens Rules on Fraudulent Trade Practices

This paper reveals common types of false trade, such as buying export permits, contract fraud, and entrepot trade. It delves into how customs authorities rigorously investigate false trade through risk alerts, document review, and technological empowerment. It emphasizes the need for joint efforts between customs and enterprises to address challenges and promote the healthy development of global trade. By strengthening cooperation and vigilance, both parties can mitigate trade risks and ensure compliance, fostering a more secure and transparent international trade environment.

01/26/2026 Customs Knowledge
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Shipping Giant MSC Fined Millions Over Compliance Violations

Shipping Giant MSC Fined Millions Over Compliance Violations

The heavy fine imposed on MSC by the US FMC highlights the increasing stringency of compliance regulations in the ocean freight industry. Freight forwarders should comprehensively review their billing processes, refine contract terms, strengthen internal training, and establish grievance mechanisms. Embracing technology to enhance transparency is also crucial. These measures are essential to effectively address regulatory challenges and avoid the risk of substantial fines. Compliance is no longer optional but a necessity for navigating the evolving landscape of ocean freight.

01/26/2026 Logistics Industry Insights
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Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

International air freight contracts harbor hidden risks. Foreign trade enterprises need to pay attention to five key clauses: cargo description, transportation time, payment terms, liability limitations and insurance, and breach of contract. Clearly defining details and agreeing on responsibilities can effectively avoid potential risks, protect their own rights and interests, and ensure the smooth progress of international trade. Careful review and negotiation of these clauses are crucial for mitigating potential disputes and financial losses associated with international air freight transactions.

01/26/2026 Logistics
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