Sixteen-year experienced freight forwarder wuchenxi shares foreign trade logistics insights, covering key aspects like EXW terms, shipping line booking, customs return, container codes, freight forwarder tiers, survival tips for newcomers, import/export agency, and supplier selection. This guide helps you avoid common pitfalls in foreign trade logistics and enhance your business capabilities.
The 36th Logistics Status Report highlights the need for resilience in the logistics industry amid economic and geopolitical uncertainties. It emphasizes the importance of data analysis and the application of new technologies to optimize operations. In terms of cost control, companies should explore new strategies to respond flexibly to market changes and achieve sustainable development.
This article discusses the key information and terms of the bill of lading in international logistics, emphasizing the legal relationship and risk management between carriers and merchants. It clarifies the division of responsibilities to mitigate commercial risks.
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.
This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.
This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.
This article delves into the application of VAT/EORI in European and American customs clearance for international express shipments. Regarding Europe, it elaborates on the rules and scenario-specific requirements of EORI and VAT, as well as the role of IOSS. For the United States, it highlights the importance of EIN/SSN and IOR, emphasizing the criticality of compliant declaration. This guide helps you master the regulations and navigate global shipping smoothly.
This paper provides an in-depth analysis of the advantages and disadvantages of CIF and FOB international shipping methods. It highlights the potential risks associated with FOB terms. For situations where FOB is unavoidable, the paper proposes six key considerations. These aim to assist foreign trade enterprises in making informed decisions regarding shipping methods, mitigating risks, and safeguarding their own interests. The analysis helps businesses navigate the complexities of international trade and choose the most suitable shipping arrangement for their specific needs.
This article provides an in-depth analysis of common Incoterms such as DPA and DPU, detailing their meanings, the division of responsibilities between buyers and sellers, and important usage considerations. It also introduces other frequently used Incoterms, aiming to help readers better understand international trade rules, mitigate trade risks, and improve transaction efficiency. The focus is on practical application and understanding the nuances of each term to ensure smooth and compliant international trade operations.
This article introduces key terms in freight logistics, such as single release, single drag, double drag, and double back, explaining their definitions and distinctions. It provides a detailed analysis of these terms in light of the new traffic regulations implemented on September 21, helping readers better understand industry terminology. The article focuses on the reasons for the new regulations, particularly the punitive measures for overloading and their profound impact on freight methods.
