Understanding Bonded Goods: Advantages and Applications

Understanding Bonded Goods: Advantages and Applications

Bonded goods refer to products that enter China with customs approval and are exempt from taxes. These items can be stored or processed in designated regulatory areas with the intention of being re-exported, thus temporarily avoiding tax liabilities. However, if they are not re-exported, taxes must be paid according to regulations. Understanding this rule helps enterprises engage flexibly in international trade and enhance economic benefits.

07/21/2025 Logistics Encyclopedia
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Understanding Throughtransportation in International Air Freight

Understanding Throughtransportation in International Air Freight

This article delves into the concept of intermodal (transshipment) cargo in international air freight and distinguishes it from stopovers. Intermodal transportation involves multiple flights to complete the transfer to the destination, whereas a stopover occurs within a single flight. It is crucial to confirm the continuation approvals during the booking process, ensure the compatibility of cargo dimensions and weight, and understand the timing requirements to enhance transportation efficiency and safety.

07/28/2025 Logistics Encyclopedia
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Freight Pricing Explained Understanding Dimensional Weight

Freight Pricing Explained Understanding Dimensional Weight

This article explains the difference between bulky goods and heavy goods in a simple and accessible way. It details core concepts such as actual weight, volumetric weight, and billable weight, and analyzes calculation methods for air and sea freight using examples. Furthermore, it shares practical tips to avoid logistical pitfalls, helping you navigate logistics billing with ease. This guide provides insights into understanding and optimizing your international shipping costs.

12/30/2025 Logistics Encyclopedia
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Guide to Understanding Liangping Airport Codes

Guide to Understanding Liangping Airport Codes

This article provides an in-depth interpretation of Liangping Airport codes LIA and ZULP, explaining the crucial role of airport codes in air transportation, the difference between IATA and ICAO codes, and how to query and memorize them. It also explores Liangping Airport's contribution to regional economic development and forecasts future trends in airport code development. The aim is to help readers better understand airport identification knowledge and improve travel efficiency. This knowledge is essential for anyone involved or interested in the aviation industry and air travel.

01/22/2026 Airport Codes
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Global Trade Complexity Understanding double Clearances

Global Trade Complexity Understanding double Clearances

This article provides a detailed explanation of the two common modes in international trade: 'DDP (Delivered Duty Paid)' and 'DDU (Delivered Duty Unpaid)' or 'Double Clearance'. 'Double Clearance' refers to customs clearance in both the exporting and importing countries. 'DDP' involves the assumption of customs duties. The article analyzes the responsibilities, advantages, disadvantages, and applicable scenarios of the two modes. It also highlights potential risks and considerations, aiming to help readers make more informed decisions in international trade.

01/28/2026 Logistics Encyclopedia
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Global Shipping Guide Understanding Port Codes

Global Shipping Guide Understanding Port Codes

This article provides an in-depth analysis of common five-letter port codes used in international trade. It highlights key ports such as Lusi Port and Nantong Port in Nantong, Jiangsu, and Busan Port (PUSAN) in South Korea. It also clarifies the meanings of easily confused port codes like ZIN, TXG, and KHH. Furthermore, the article offers practical advice on how to avoid port code confusion, aiming to help readers better understand and apply port codes, ultimately improving efficiency in international trade.

02/02/2026 Port Encyclopedia
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New Guide Aims to Streamline Crossborder Ecommerce Customs

New Guide Aims to Streamline Crossborder Ecommerce Customs

The WCO and UPU have released guidelines to assist national customs and postal administrations in developing Memoranda of Understanding (MoUs). These MoUs aim to optimize the handling of cross-border mail, enhancing efficiency, security, and trade facilitation. The guidelines provide a framework for cooperation between customs and postal services, ensuring smoother and more secure international mail flows. By implementing these recommendations, countries can streamline processes and improve the overall effectiveness of cross-border mail operations.

02/05/2026 Customs Knowledge
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WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

WCO JICA Team Up to Upgrade Customs Systems in Developing Countries

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Cooperation in 2015. This collaboration aims to improve customs administration in developing countries and promote economic development through capacity building, customs modernization, and trade facilitation. Both parties will deepen cooperation, innovate approaches, and jointly address new global trade dynamics. The goal is to build a more open, inclusive, and mutually beneficial global trade landscape.

01/07/2026 Customs Knowledge
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Guide to Understanding Import Goods Release Notices

Guide to Understanding Import Goods Release Notices

This article explains the crucial role of the “Import Cargo Release Notice,” emphasizing the importance of verifying the information on the notice. It also reminds readers of the necessary documents to prepare for cargo pickup. This guide aims to help you smoothly complete the import cargo release process and avoid unnecessary delays. By understanding the requirements and preparing accordingly, importers can streamline the process and ensure timely access to their goods.

08/21/2025 Document Interpretation
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