Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

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.

07/28/2025 Logistics Encyclopedia
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Bolivia Enhances Trade Efficiency Through Global Program

Bolivia Enhances Trade Efficiency Through Global Program

The Global Trade Facilitation Programme (GTFP) has been launched in Bolivia to enhance customs modernization through capacity building. Funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the World Customs Organization (WCO), the project covers areas such as risk management, advance rulings, and organizational development. A tripartite Memorandum of Understanding ensures the project's smooth implementation. This initiative aims to help Bolivia better comply with international trade agreements and promote economic development.

01/05/2026 Customs Knowledge
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SF Express Franchisees Seek Remedies After Sudden Station Closures

SF Express Franchisees Seek Remedies After Sudden Station Closures

The closure of SF Stations has impacted franchisees. This article provides coping strategies: analyzing the reasons, communicating with headquarters, seeking legal aid, and exploring new opportunities. It emphasizes the importance of contract reading and evidence retention to help franchisees minimize losses, protect their rights, and lay a foundation for future entrepreneurship. Franchisees should understand their rights and responsibilities outlined in their agreements and document all communications and financial transactions related to their SF Station franchise.

12/30/2025 Logistics Encyclopedia
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Air Freight Capacity Tightens As Peak Season Demand Rises

Air Freight Capacity Tightens As Peak Season Demand Rises

This article provides a comprehensive guide to securing air freight capacity during peak seasons. It covers standard booking procedures, core strategies, key points for customs clearance, and practical tips to avoid common pitfalls. It helps you plan ahead, sign agreements, and flexibly adjust your plans during peak periods such as cross-border e-commerce promotions, the Christmas season, and before the Chinese New Year. This ensures smooth transportation of goods and maximizes profits.

01/15/2026 Logistics Encyclopedia
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Air Cargo Demand Spurs Strategies to Prevent Freight Rollovers

Air Cargo Demand Spurs Strategies to Prevent Freight Rollovers

Securing guaranteed space in international air freight is a skill! This article details how to lock in bookings and avoid cargo roll-overs, covering precise booking, securing reliable carriers, written agreements, proactive compliance, and technology tracking. It also provides key preventative measures like avoiding overbooking, compliant operations, and multi-channel backups. Finally, it offers a guide to avoiding pitfalls, helping you ensure stability and eliminate the nightmare of having your cargo rolled.

01/15/2026 Logistics Encyclopedia
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Airlines Oppose Brazils Mandatory Baggage Fee Proposal

Airlines Oppose Brazils Mandatory Baggage Fee Proposal

Aviation industry organizations, including IATA, jointly appealed to the Brazilian President against reinstating mandatory baggage fees. They argue this would increase airfares, harm passenger rights, violate international agreements, and undermine investor confidence. The letter urges the government to veto the amendment, safeguarding the healthy development of the aviation industry. The organizations believe that mandatory baggage fees distort the market and negatively impact the accessibility and affordability of air travel for Brazilian citizens.

01/20/2026 Logistics Industry Insights
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Mexico Faces Opportunities and Challenges in Nearshoring Boom

Mexico Faces Opportunities and Challenges in Nearshoring Boom

Alfredo Coutino, director at Moody's Analytics, analyzes the driving forces behind nearshoring and Mexico's advantages and challenges. He points out that Mexico is an ideal nearshoring destination, but companies need to pay attention to infrastructure, workforce skills, and policy risks, preparing themselves thoroughly. Mexico's proximity to the US, lower labor costs compared to China, and existing trade agreements make it attractive. However, businesses should carefully assess potential obstacles to ensure a successful nearshoring strategy.

01/27/2026 Logistics Industry Insights
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Malawi Boosts Trade Risk Management with WCO Support

Malawi Boosts Trade Risk Management with WCO Support

The WCO assessed Malawi Customs' risk management practices to enhance trade facilitation and align with WTO agreements. The assessment identified gaps and provided recommendations for improvement. This aimed to strengthen Malawi's customs procedures, reduce delays, and promote efficient trade flows. The focus was on optimizing risk assessment processes to ensure effective enforcement while minimizing disruption to legitimate trade. Ultimately, the goal was to support Malawi's economic development through improved customs administration and enhanced trade competitiveness.

01/27/2026 Customs Knowledge
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Global Trade Strategies to Reduce Ocean Freight Costs

Global Trade Strategies to Reduce Ocean Freight Costs

This article delves into the various factors influencing shipping company charges in foreign trade, including routes, cargo characteristics, bunker adjustment factor (BAF), currency adjustment factor (CAF), port surcharges, peak season surcharges (PSS), and transit time. It aims to help foreign trade enterprises accurately calculate transportation costs, negotiate more favorable cooperation terms, and ultimately enhance their competitiveness in global trade. Understanding these elements is crucial for effective cost management and securing optimal shipping agreements.

01/26/2026 Logistics Encyclopedia
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IATA Requires Warehouse Lease or Ownership for Cargo Agents

IATA Requires Warehouse Lease or Ownership for Cargo Agents

The International Air Transport Association (IATA) mandates warehouse lease agreements or proof of ownership as a compulsory requirement for IATA freight forwarder accreditation, applicable to both branches and headquarters. This measure aims to regulate the market, enhance industry safety and service standards, ensure the secure storage and handling of goods, mitigate risks, and improve service quality. It emphasizes the importance of proper warehouse infrastructure and legal compliance for IATA-accredited freight forwarders.

01/27/2026 Warehousing
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