EXW (Ex Works) is an important term in international trade where the seller only needs to prepare the goods, transferring all responsibilities and risks to the buyer. Understanding the operational mechanism of EXW, its applicable scenarios, and the obligations of the buyer is crucial for ensuring smooth transactions.
The article explores the significance of 'due diligence' in the context of importers' compliance with U.S. Customs regulations, emphasizing the importance of collaboration between importers and freight forwarders. Providing accurate information is crucial to avoid fines and maintain compliance. It also outlines essential compliance measures and effective communication strategies with freight forwarders.
Importers bear customs responsibilities in international trade, including document preparation, product classification, and tariff payment, as well as compliance with laws and regulations. This crucial role ensures business compliance and effective operations, particularly in the complex environment of international markets.
DHL Group has received the highest corporate citizenship rating for its sustainability efforts, ranking among the top three in the DAX-40. Its commitment to balancing economic benefits with social value is demonstrated through its four key programs, including GoHelp. This recognition highlights DHL's dedication to responsible business practices and its contribution to a more sustainable future. The company's integrated approach to sustainability underscores its role as a responsible corporate citizen and its commitment to creating long-term value for all stakeholders.
Shippers play a crucial role in ensuring driver safety. By optimizing appointment systems, improving loading/unloading processes, providing comfortable waiting areas, enhancing communication, re-evaluating contract terms, investing in technology, and training staff, shippers can reduce driver downtime, improve operational efficiency, lower transportation costs, and increase customer satisfaction, creating a win-win situation for all parties involved. These measures contribute to a safer and more efficient transportation ecosystem, benefiting drivers, shippers, and ultimately, the end consumers.
This paper delves into the underlying causes of the truck driver shortage and proposes practical solutions from the shipper's perspective. By improving driver working conditions, offering fair compensation, optimizing transportation models, participating in industry discussions, and making long-term investments, shippers can actively alleviate the driver shortage, ensure supply chain stability, and enhance business competitiveness. The paper advocates for shippers to view drivers as professional partners, collaboratively creating a brighter future for logistics.
Susy Schöneberg leads the Flexport.org team, leveraging expert logistics capabilities to empower global organizations in efficiently delivering aid, amplifying social impact, and achieving sustainability goals. They are dedicated to optimizing supply chains, reducing costs, and exploring sustainable logistics models to contribute to global relief efforts. Flexport.org's work focuses on making aid delivery more effective and environmentally conscious, ensuring resources reach those in need while minimizing the environmental footprint of humanitarian operations.
The new Verified Gross Mass (VGM) regulations require all containers to declare their total weight before loading, and exporters must be aware of their legal responsibilities. Failure to provide compliant information may result in cargo not being loaded. Ports and transport companies need to establish new mechanisms to handle VGM data, enhancing transparency in supply chain management and raising compliance awareness to avoid potential economic losses due to violations.
This article discusses the legal significance and importance of the Equipment Transfer Receipt (EIR), detailing its main content and processes as a certificate in the container handover process. The EIR clarifies the rights and responsibilities of the parties involved in the transfer and stipulates costs incurred during the usage period.
Companies are increasingly committed to ESG, making supply chain ESG transformation crucial. This white paper explores ESG risks and opportunities, the drivers and challenges of supply chain implementation, and the meaning of supply chain sustainability. Businesses need to establish transparent systems, strengthen collaboration, and embrace emerging practices to achieve sustainable development. Focusing on building resilient and responsible supply chains is essential for long-term success and positive impact.
