Fitch Ratings analysts point out that even during periods of weak demand early in the pandemic, major shipping companies effectively controlled the supply of containers in the market by flexibly adjusting capacity. This supported stable freight rates and ultimately drove prices higher. The self-discipline of shipping companies in terms of capacity supply is reshaping the pricing mechanism of the maritime market.
Taishan Group is a globally recognized shipping company with a large fleet and extensive route network. In addition to maritime transport, it also provides logistics services such as warehousing and distribution. The group emphasizes environmental protection and sustainable development, actively pursuing digital transformation to improve operational efficiency and customer experience. Taishan Group plays a significant role in the global shipping industry.
This article outlines key considerations for issuing freight invoices, including qualifications for issuing on behalf, a simplified process for filling in freight items, and handling regulations related to voiding and red-invoice issuance. Taxpayers must clearly understand the specific processes for voiding invoices and issuing red invoices, as well as the return requirements, to ensure compliance with tax regulations and avoid unnecessary losses and complications.
This article discusses the processes and precautions for shipping dangerous goods by LCL to South Korea, including major ports, minimum volume requirements, and cargo labeling regulations. It emphasizes the importance of complying with relevant shipping regulations to ensure the safety and compliance of goods, avoiding risks during customs inspections. By implementing compliance measures, the article aims to facilitate the smooth conduct of international trade.
The IATA Cargo Handling Manual (ICHM) is the definitive source for regulations, standards, and best practices in the air cargo industry, promoting safe, efficient, and customer-centric operations. By providing up-to-date regulations, standards, and industry insights, IATA helps businesses improve operational efficiency, reduce risks, enhance customer experience, and ensure compliance. Ultimately, it contributes to building a safer and more efficient future for air cargo.
This article provides a detailed guide on mailing shoes and boots to Peru, covering the process, regulations, and important considerations. It includes information on choosing the right shipping method, preparing customs documents, packaging requirements, Peruvian customs regulations, associated costs, and estimated delivery times. The aim is to offer comprehensive guidance to ensure that shoes and boots are delivered safely and smoothly to their destination in Peru.
South Korea plans to revise the Electronic Commerce Act, requiring cross-border e-commerce platforms like Temu and AliExpress to appoint domestic agents in Korea to address consumer rights issues. The new regulations also cover consumer information protection and advertising standards, aiming to create a safer and more reliable cross-border e-commerce environment for Korean consumers. This may encourage cross-border e-commerce platforms to adopt a more localized approach in their operations within South Korea, enhancing consumer protection and ensuring compliance with local laws.
Papua New Guinea Customs Service (PNGCS) is actively improving its management of Special Economic Zones. A workshop organized by the World Customs Organization (WCO) helped PNGCS benchmark against international standards, identify gaps, and learn from other countries' experiences. The outcomes of the discussions will be used to revise laws and regulations, aiming to establish a more efficient and transparent SEZ management system and promote economic development. This initiative underscores PNG's commitment to aligning with global best practices in customs administration and fostering a favorable investment climate.
Due to new US Customs regulations, Shenzhen Baiyun Technology has announced the suspension of DHL, FEDEX, and UPS shipments with declared values exceeding $800 to the United States. This is in response to stricter import supervision processes. The measure aims to protect customer interests. Cross-border e-commerce sellers and individual senders need to pay attention to policy changes and adjust their logistics strategies accordingly to avoid potential delays or issues with customs clearance. This temporary suspension is a proactive measure to ensure compliance.
This week, Douyin E-commerce introduced several new regulations and updates: creators' commission fees must go through the affiliate program, online recruitment for the alcohol industry is suspended, offline viewing and comment features are being tested to improve user experience. Simba's accusation against Liu Genghong and his wife for selling counterfeit goods has attracted attention. Kuaishou E-commerce is tightening risk detection for merchant accounts, and ByteDance has no immediate plans for an IPO. These changes will have a significant impact on creators, merchants, and users alike.
