International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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The Evolution and Current Status of London International Airport in Canada

The Evolution and Current Status of London International Airport in Canada

London International Airport (YXU) is an essential civilian airport located in Ontario, Canada, originally established as a flight training base in 1927. It features two main runways and provides flights to major cities across North America. The airport generates over $357 million in annual economic benefits and supports more than 1,700 jobs, making it a critical pillar for regional development.

07/28/2025 Airport Codes
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Venezuela's Simón Bolívar Airport Bridges Continents Amid Challenges

Venezuela's Simón Bolívar Airport Bridges Continents Amid Challenges

Simón Bolívar International Airport, located 21 kilometers from downtown Caracas, Venezuela, is the main and busiest airport in the country. Established in 1945 and situated at an elevation of 835 meters, it features a single runway measuring 1974 meters in length. The airport serves multiple airlines, including Conviasa and international carriers, making it a crucial aviation hub connecting South America and Europe.

07/28/2025 Airport Codes
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Helsinki-Vantaa Airport Expands as Key Europe-Asia Hub

Helsinki-Vantaa Airport Expands as Key Europe-Asia Hub

Helsinki-Vantaa Airport is Finland's most important civil aviation hub, located 17 kilometers north of Helsinki. It is not only the main base for Finnair but also features modern facilities with an annual passenger volume exceeding 16 million. The airport is undergoing expansion to meet the increasing demand from travelers, positioning itself as a vital gateway connecting Europe and Asia.

07/28/2025 Logistics
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Jacksonville International Airport Boosts Florida Travel Hub Status

Jacksonville International Airport Boosts Florida Travel Hub Status

Jacksonville International Airport (IATA code: JAX) is a modern dual-use airport located in Duval County, Florida, established in 1965. Spanning 7,911 acres, it features two main runways and a passenger terminal, serving over ten airlines. With approximately 200 flights arriving and departing daily, it offers domestic and regional routes, significantly contributing to the economic development and tourism of Jacksonville.

07/28/2025 Airport Codes
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IATA Divides Global Air Travel Into Three Key Fare Regions

IATA Divides Global Air Travel Into Three Key Fare Regions

The International Air Transport Association (IATA) divides the world into three main regions to facilitate the establishment of fare calculation rules. IATA Region 1 includes the Americas and related islands, Region 2 covers Europe and parts of Africa, while Region 3 primarily pertains to Asia and Oceania. This regional classification is a crucial foundation for understanding fare structures in the air transportation industry.

07/28/2025 Logistics Encyclopedia
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TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

This article presents the important air freight rate manual TACT (The Air Cargo Tariff), first published in 1975 and currently co-published by several airlines. TACT is divided into three main parts and includes all rules and detailed rate information for international transport. Understanding how to use TACT enables transportation professionals to obtain precise quotes, thereby enhancing decision-making efficiency and market competitiveness.

07/28/2025 Logistics Encyclopedia
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Dawson City Airport Boosts Yukon's Economy and Tourism

Dawson City Airport Boosts Yukon's Economy and Tourism

Dawson Airport is located in Dawson City, Yukon, Canada, about 15 kilometers from the city center, at an elevation of 370 meters. It is primarily operated by the Yukon government and provides domestic and regional flight services. The runway is 1524 meters long, with Air North being the main operator connecting several key routes, boosting the local economy and tourism development.

07/29/2025 Logistics
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Zambia's Kenneth Kaunda Airport Boosts Regional Connectivity

Zambia's Kenneth Kaunda Airport Boosts Regional Connectivity

Lusaka Kenneth Kaunda International Airport is Zambia's main international airport, located 14 kilometers northeast of Lusaka. Renamed in 2011 to honor Zambia's founding president, it serves as the country's largest aviation hub, accommodating around 2 million passengers annually. The airport features two runways and supports multiple airlines, connecting various major cities and playing a significant role in regional air services.

07/29/2025 Logistics
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Lubumbashi Airport Boosts Congo’s Regional and Global Connectivity

Lubumbashi Airport Boosts Congo’s Regional and Global Connectivity

Lubumbashi International Airport is the main air hub in Katanga Province, Southeastern Democratic Republic of the Congo, located at an altitude of 1,309 meters with a runway length of 3,238 meters. It offers domestic and international passenger and cargo transport services, connecting to places like Johannesburg, Nairobi, and Addis Ababa. Multiple airlines operate at the airport, catering to a variety of travel needs.

07/29/2025 Logistics
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