Ningbo Port Guide VGM Customs and Risk Management

Ningbo Port Guide VGM Customs and Risk Management

This article delves into common issues and corresponding strategies in Ningbo port freight forwarding practices. It covers topics such as VGM cut-off, cash flow management, cargo transportation risks, consistency requirements of shipping documents, customs clearance deadlines, port surcharges, LCL consolidation and deconsolidation, and handling special circumstances. The aim is to provide a valuable reference for freight forwarding professionals operating in the Ningbo region. It offers practical insights into navigating the complexities of the industry and mitigating potential challenges.

08/23/2025 Logistics Encyclopedia
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Shipping Industry Debunks small High Cube Container Myth

Shipping Industry Debunks small High Cube Container Myth

This article provides an in-depth analysis of the meaning of the "20HD" container in international freight forwarding, clarifying that it is a 20-foot heavy-duty container, not a so-called "small high cube container." The article details the characteristics and application scenarios of 20HD, and explores the possibility of the existence of a "small high cube container," aiming to help readers accurately understand container terminology and avoid misunderstandings during transportation.

09/26/2025 Logistics Encyclopedia
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Understanding Shanghai Port Shipping Export Container Operations

Understanding Shanghai Port Shipping Export Container Operations

This article explores the operational practices of full container shipping at Shanghai Port, including customs clearance procedures, electronic packing list information, and cargo consolidation arrangements. Customs clearance at Shanghai Port typically occurs after receiving the pre-assigned shipping list, with the electronic packing list facilitating the customs process once the loaded container arrives at the port.

07/18/2025 Logistics Encyclopedia
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CBP Bills Essential Guide for US Importers

CBP Bills Essential Guide for US Importers

This article details the significance of the CBP invoice from the U.S. Customs and Border Protection, covering additional duties and other fees. It introduces the new version of the CBP invoice and electronic inquiry methods, explaining its impact on importers and customs brokers. The article emphasizes the importance of timely financial management for smooth transactions.

08/05/2025 Customs Knowledge
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Global Market Trends for Halogenated Aromatic Hydrocarbons

Global Market Trends for Halogenated Aromatic Hydrocarbons

The code 2903699090 represents other halogenated derivatives of aromatic hydrocarbons, which have wide applications in the chemical industry. Both exports and imports under this code are tax-exempt, indicating its status as a special organic compound. Understanding this information is extremely important for industry practitioners.

08/08/2025 HS Code Query
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Monthly Payment Plan Eases Cash Flow for Importers

Monthly Payment Plan Eases Cash Flow for Importers

The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.

08/05/2025 Customs Knowledge
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Indepth Analysis of Cost Allocation Under FOB Shipping Terms

Indepth Analysis of Cost Allocation Under FOB Shipping Terms

This article provides an in-depth analysis of the various costs that the seller must bear under FOB shipping terms, including local charges at the port of origin, shipping fees, and related surcharges, as well as local charges at the destination port. It also discusses the issue of insurance cost allocation, helping sellers clearly understand their responsibility for cost sharing to enhance collaboration efficiency.

07/24/2025 Logistics Encyclopedia
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