Guide to Customs Declarations for Global Trade

Guide to Customs Declarations for Global Trade

This article introduces the English expressions for various customs declarations, including export and import declarations. It also covers common terminology related to customs clearance, such as customs broker and customs inspection. The aim is to facilitate a better understanding of the customs clearance process in international trade. This resource provides a valuable overview of key documents and terms essential for navigating the complexities of international shipping and trade regulations.

09/26/2025 Customs Knowledge
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Guide to Accurate VGM Declarations for Shipping Compliance

Guide to Accurate VGM Declarations for Shipping Compliance

This article provides a detailed interpretation of the VGM (Verified Gross Mass) steps in the new shipping process. It emphasizes the importance of confirming shipping information, obtaining accurate container numbers, and acquiring the actual tare weight from the container's data plate. Following these steps ensures the safe and compliant transport of goods, avoiding delays and additional costs. Proper VGM implementation is crucial for adherence to regulations and efficient supply chain management.

09/28/2025 Logistics Encyclopedia
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US Class 8 Truck Orders Drop Sharply Amid Market Worries

US Class 8 Truck Orders Drop Sharply Amid Market Worries

US Class 8 truck orders plummeted in June, hitting a multi-year low. This sharp decline is attributed to several factors, including tariffs, economic uncertainty, and environmental regulations. The market is weakening, and companies need to closely monitor market trends, optimize product structures, and embrace technological innovation to meet challenges and seize opportunities. The downturn highlights the sensitivity of the trucking industry to broader economic pressures and policy changes.

11/03/2025 Logistics Industry Insights
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Guide to FOB Trade Managing Freight and Risk

Guide to FOB Trade Managing Freight and Risk

This article provides an in-depth analysis of the operational procedures for nominated cargo under FOB trade terms, emphasizing the importance of information communication and instruction execution. It details potential risks such as release of goods without original Bill of Lading and cost settlement issues, along with corresponding mitigation strategies. The article also compares and contrasts the differences and applications of HBL, MBL, and OBL, offering comprehensive operational guidance and risk prevention advice for export companies. This aims to help exporters navigate the complexities of FOB shipments and minimize potential losses.

08/21/2025 Logistics Encyclopedia
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Strategies to Optimize Merchandise Processing Fees for Cost Savings

Strategies to Optimize Merchandise Processing Fees for Cost Savings

This paper provides an in-depth analysis of Merchandise Processing Fee (MPF) consolidation strategies and highlights its potential for reducing import costs. By consolidating multiple entries into a single one, companies can reach the MPF maximum limit faster, avoiding repetitive payments. The article details the advantages, risks, and operational conditions of MPF consolidation. It also compares it with Free Trade Zones (FTZ), offering practical operational guidelines and future trend perspectives for importers. The focus is on optimizing customs clearance and minimizing overall import expenses through strategic MPF management.

11/03/2025 Customs Knowledge
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