Demurrage fees refer to the charges incurred when cargo remains at the port beyond the final free days, calculated per container, per day, and can accumulate quickly. The Flexport team offers solutions like 'pre-pulling' services to help you reduce costs and improve logistics efficiency.
South Riding Point in the Bahamas is a dedicated oil loading and unloading port equipped with modern facilities and safety guarantees. The inner harbor and island berths provide efficient docking for oil tankers, utilizing mandatory pilotage and radio communication to ensure safe and efficient operations.
Harbin Customs has improved business processing efficiency and service quality by establishing an innovative business management model, which includes the 'Approval Center,' 'Audit Center,' and 'Business Monitoring Command Center.' This initiative helps enterprises better enjoy the benefits of reforms, reduces financial pressure, and promotes the development of foreign trade.
This article provides a detailed analysis of customs settlement methods in international trade, including letters of credit, telegraphic transfers, demand drafts, and other forms. It highlights the characteristics and applicable situations of each settlement method, offering a comparison of the safety and convenience of these options to help businesses better understand the settlement process.
CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.
Maritime Transport has launched two new railway services connecting DP World London Gateway with Hams Hall and iPort Doncaster. This initiative responds to the growing demand for container transportation and supports upcoming port expansion projects, aiming to promote a low-carbon and efficient supply chain development.
Freight rates in maritime shipping frequently fluctuate due to global economic changes, primarily influenced by transportation costs, market structures, cargo characteristics, route and port conditions, and contract terms. This article explores these five factors and their interactions, revealing the essence of rate fluctuations and market dynamics.
Brazilian customs seized millions of counterfeit eyeglasses in Operation 'Blind Man 3', aimed at combating illegal trade and protecting consumers from the dangers of substandard eyewear. The operation highlights the potential risks associated with counterfeit products and the importance of strengthening market regulation and consumer education. Brazilian customs will continue to crack down on counterfeiting activities to maintain market order.
The World Customs Organization (WCO) provided technical assistance to Bangladesh to support the full implementation of its AEO program. Through workshops and business exchanges, the capacity of Bangladeshi customs officials was enhanced, and recommendations were provided for improving the AEO program. This project aims to improve the security and efficiency of international trade in Bangladesh and promote its economic development.
US Customs is strictly inspecting Chinese goods, and high tariffs are triggering a wave of abandoned goods. This article delves into the policy changes of US Customs and their impact. It offers strategies for cross-border sellers to mitigate risks, improve efficiency, and optimize services by utilizing overseas warehouses. This helps them navigate the crisis and achieve sustainable business development.
