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.

US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

US Ports Tackle Supply Chain Woes Amid Infrastructure Bill

In the LM podcast, the American Association of Port Authorities' President, Connor, delves into the opportunities and challenges facing US ports and the impact of the Infrastructure Investment and Jobs Act. He emphasizes the bill's role in modernizing ports, shares lessons learned during the pandemic, and analyzes issues like port congestion and container shortages. Connor's insights provide a valuable perspective on the future development of US ports.

Fee Disparities at Ningbo Shanghai Ports Prompt Forwarder Adjustments

Fee Disparities at Ningbo Shanghai Ports Prompt Forwarder Adjustments

This paper explores the differences in Detention and Demurrage (D&D) charge handling between Shanghai Port and Ningbo Port, and the challenges faced by freight forwarders as a result. The analysis delves into the reasons behind these discrepancies and proposes strategies for freight forwarders to cope with them. These strategies include understanding local regulations, strengthening communication with port authorities and shipping lines, and maintaining transparency with clients regarding potential D&D charges. Effectively managing these differences is crucial for minimizing costs and ensuring smooth cargo flow.