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.

Essential Guide to Completing Air Cargo Export Customs Declarations in Beijing

Essential Guide to Completing Air Cargo Export Customs Declarations in Beijing

This article outlines the requirements for filling out the customs declaration form for air export goods from Beijing, including key items such as pre-entry number, export port, filing number, and transportation method. Typically, the owner does not need to worry about dates and numbers, focusing instead on the consistency between the operating unit and the shipping unit, as well as the provision of necessary documents. For trade methods and settlement methods, the owner can fill out according to actual circumstances. The article aims to assist owners in smoothly navigating customs declarations.

Global Airlines Adopt Einvoicing to Cut Costs

Global Airlines Adopt Einvoicing to Cut Costs

This paper explores the challenges faced by the global aviation industry in electronic invoicing and settlement, highlighting IATA's SIS platform as an industry solution. It analyzes the opportunities and challenges in global electronic invoice standardization and proposes strategies such as strengthening international cooperation, promoting the SIS platform, and adopting new technologies. The aim is to promote the digital transformation of the aviation industry, improve efficiency, and enhance transparency. The paper emphasizes the importance of a unified approach to electronic invoicing to streamline processes and reduce costs for airlines worldwide.

RMB Volatility Spurs Risk Strategies for Crossborder Ecommerce

RMB Volatility Spurs Risk Strategies for Crossborder Ecommerce

This paper analyzes the impact of recent RMB exchange rate fluctuations on cross-border e-commerce. It explores how sellers should formulate reasonable foreign exchange settlement strategies to effectively cope with exchange rate risks. The importance of comprehensively considering capital needs, exchange rate trend judgment, and risk tolerance is emphasized. The paper proposes measures such as utilizing foreign exchange derivatives, adjusting product pricing strategies, diversifying operations, and strengthening financial management. The aim is to help cross-border sellers seize opportunities and achieve sustainable development amidst exchange rate volatility.