Port Maintenance Fees Drive Up Global Shipping Costs

Port Maintenance Fees Drive Up Global Shipping Costs

The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.

CMA CGM Adjusts Strategy Over New US Port Fees

CMA CGM Adjusts Strategy Over New US Port Fees

French shipping giant CMA CGM is restructuring its global fleet to avoid new U.S. port fee regulations. The company plans to invest $20 billion in the U.S. to strengthen its market competitiveness. Despite facing challenges from the U.S.-China trade war, CMA CGM maintains a positive outlook, anticipating a rebound in trade activity.

Guide to Avoiding Costly Shipping Delays and Port Fees

Guide to Avoiding Costly Shipping Delays and Port Fees

This article provides a detailed analysis of the definitions, causes, and avoidance strategies for demurrage fees and port charges in international shipping. It suggests optimizing shipment planning, enhancing progress monitoring, and implementing direct pick-up from the yard as effective measures to reduce hidden logistics costs.

Ocean Freight Costs Unpacking Terminal Fees and Hidden Charges

Ocean Freight Costs Unpacking Terminal Fees and Hidden Charges

This article provides an in-depth analysis of terminal handling charges and other hidden costs in international sea freight. It details the composition and influencing factors of various fees, including port charges, port congestion fees, customs clearance fees, and warehousing fees. The aim is to help cargo owners understand the complete picture of sea freight costs, effectively control expenses, avoid unnecessary expenditures, and gain a proactive advantage in international trade. By understanding these fees, shippers can better manage their logistics budget and negotiate favorable terms.

Dalian Port Clarifies Sea Freight Charges for Exporters

Dalian Port Clarifies Sea Freight Charges for Exporters

This article provides a detailed explanation of common local charges in sea freight at Dalian Port. It covers 15 charges, including Terminal Handling Charges (THC), port surcharges, security fees, and documentation fees, and offers reference prices. The aim is to help exporters clearly understand each cost item, avoid hidden costs, and reduce unnecessary expenses.

Hiroshima Port Expands Development and Maintenance Plans

Hiroshima Port Expands Development and Maintenance Plans

The port management agency of Hiroshima Prefecture is responsible for formulating port development plans, constructing and maintaining facilities, approving usage permits, managing leasing matters, and setting usage fees. These efforts ensure the safe and efficient operation of the port, supporting regional economic development and facilitating trade.

Hidden Costs in FCL Shipping Drive Up Logistics Expenses

Hidden Costs in FCL Shipping Drive Up Logistics Expenses

This article provides an in-depth analysis of the cost structure involved in the 'door-to-port' process of full container shipping for cross-border logistics. It covers various fees, including pickup fees, inland transportation fees, storage fees, loading fees, and shipping costs. The aim is to help businesses identify and optimize these expenses, control logistics costs, and enhance their competitiveness in global trade.

Crossborder Ecommerce Faces Rising Full Container Shipping Costs

Crossborder Ecommerce Faces Rising Full Container Shipping Costs

This article provides a detailed analysis of the 'port-to-port' cost structure for full container cross-border ocean shipping. It covers the breakdown of costs at both the port of origin and destination, as well as potential additional fees. This information is designed to help new sellers clarify their costs, enhance transportation efficiency, and maximize profit margins in cross-border logistics.