An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

An In-depth Exploration of the Composition and Calculation Conditions of Logistics Costs

Logistics costs consist of three components: material circulation expenses, information processing expenses, and management expenses. When calculating logistics costs, it is essential to define the scope of logistics, the functions involved, and the accounting categories. These factors directly impact the scale of a company's logistics costs. Appropriate calculation conditions ensure the accuracy of the data, providing valuable support for enterprise decision-making.

07/17/2025 Logistics Encyclopedia
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Reverse Logistics Gains Importance as Businesses Prioritize Sustainability

Reverse Logistics Gains Importance as Businesses Prioritize Sustainability

Reverse logistics refers to the process of products returning from consumers to production or processing points, aimed at achieving resource recycling and environmental protection. Effective management of reverse logistics can not only reduce raw material consumption and environmental impact but also create economic value for companies and enhance consumer satisfaction. Integrating reverse logistics into overall strategy helps businesses gain a competitive advantage.

07/29/2025 Logistics Encyclopedia
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Toyota Raymond Merge to Lead North American Forklift Market

Toyota Raymond Merge to Lead North American Forklift Market

Toyota Material Handling and The Raymond Corporation announced their integration into Toyota Material Handling North America (TMHNA). This aims to optimize resource allocation, synergize supply chains, expand service networks, and share technology, ultimately improving operational efficiency and providing customers with better solutions. Following the integration, Toyota and Raymond will maintain brand independence. Competition in the North American material handling market is expected to intensify.

01/15/2026 Logistics
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Toyota Advances North American Logistics with Innovation

Toyota Advances North American Logistics with Innovation

Toyota Material Handling (TMH) provides comprehensive solutions including forklifts and AGVs in North America. TMH emphasizes quality and customer satisfaction, embracing data-driven approaches to empower businesses to achieve operational excellence. They offer a wide range of material handling equipment and services designed to improve efficiency and productivity in various industries. Their commitment to innovation and customer support makes them a leading provider in the material handling sector.

01/20/2026 Logistics Industry Insights
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Skythread Aims to Break Aviation Data Silos for Safety Gains

Skythread Aims to Break Aviation Data Silos for Safety Gains

SkyThread aims to break information barriers in the aviation industry chain and improve asset lifecycle management through aircraft material traceability technology, ensuring flight safety. Its solution builds a digital thread, promotes data sharing, optimizes maintenance processes, reduces costs, and improves efficiency. By combating counterfeit parts, SkyThread provides a safe and reliable operating environment for the aviation industry. It facilitates transparency and accountability, ultimately contributing to enhanced safety and operational excellence.

01/16/2026 Logistics Industry Insights
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Key Crossborder Logistics Duties for Cost Management

Key Crossborder Logistics Duties for Cost Management

Cross-border logistics tariffs (CD) are a key component of costs in cross-border trade. This article delves into the definition of CD tariffs, their components, five major types of charges, and common misconceptions, helping sellers accurately manage costs and reduce risks in the complex international market.

09/16/2025 Customs Knowledge
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AI Revolutionizes Crew Management in Aviation Industry

AI Revolutionizes Crew Management in Aviation Industry

This article explores the disruptive impact of artificial intelligence on crew planning and operations, emphasizing how AI enhances crew efficiency, optimizes scheduling, and strengthens risk management capabilities. It also highlights the potential for future developments and their significant value for airlines in making operational decisions in complex environments.

08/06/2025 Logistics Industry Insights
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PSA International Leads Global Port Management Strategy

PSA International Leads Global Port Management Strategy

PSA International, a leader in the port industry, operates flagship ports in Singapore and Belgium, aiming to optimize global freight logistics. By leveraging advanced technologies to enhance efficiency and collaborating closely with various stakeholders, it demonstrates strong market competitiveness and sustainable development potential.

08/05/2025 Port Encyclopedia
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Study Compares Inhouse Vs Outsourced Transport Management

Study Compares Inhouse Vs Outsourced Transport Management

This article explores the in-house vs outsourcing decisions companies face in transport management, emphasizing the importance of key aspects such as carrier management, order management, transport execution, event management, and performance reporting. It provides a comprehensive perspective and analysis to assist businesses in choosing the most suitable transport management model.

08/06/2025 Logistics Encyclopedia
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