Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

07/21/2025 Logistics Encyclopedia
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United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.

07/24/2025 Logistics Encyclopedia
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Ebay Expands Seller Control Over Return Policies

Ebay Expands Seller Control Over Return Policies

eBay's return policy is undergoing significant changes, granting sellers greater autonomy. The new policy allows sellers to customize return preferences, automate return requests, and even permit buyers to keep items while receiving a refund. This article provides an in-depth analysis of the new eBay regulations, guiding sellers on how to flexibly address return challenges and enhance store competitiveness. It explores the implications of these changes and offers strategies for sellers to optimize their return processes under the revised policy.

12/30/2025 Logistics Encyclopedia
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Amazon Relaxes Marketing Rules Amid Yuan Decline Aiding Crossborder Sellers

Amazon Relaxes Marketing Rules Amid Yuan Decline Aiding Crossborder Sellers

Amazon's marketing policies may be loosening, allowing sellers to send marketing emails more broadly. The USD exchange rate breaking 7 offers a temporary respite for cross-border sellers. Amazon Europe is reminding sellers to participate in the Transparency Program to combat counterfeiting risks during the peak season. Walmart has launched a virtual try-on feature to enhance the shopping experience. Amazon Japan has revised registration rules for food, beverage, and alcohol products. These changes and innovations are impacting the e-commerce landscape for both sellers and consumers.

09/30/2025 Logistics Industry Insights
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WCO Updates Audit Guidelines to Strengthen Trade Security

WCO Updates Audit Guidelines to Strengthen Trade Security

A WCO expert group seminar focused on revising the Post Clearance Audit (PCA) Guidelines to address evolving international trade rules, combat tax fraud, and enhance customs efficiency. The revised guidelines will optimize PCA processes, strengthen international cooperation, and improve the professional capabilities of PCA personnel, ultimately promoting trade facilitation, strengthening border security, and increasing revenue collection. Technological advancements will further drive the intelligence and efficiency of PCA. This update ensures PCA remains a vital tool for modern customs administrations in a dynamic global trade environment.

01/05/2026 Customs Knowledge
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An Indepth Analysis of Legal Rules for Ocean Bills of Lading Core Content and Carrier Liability of the Hague Convention

An Indepth Analysis of Legal Rules for Ocean Bills of Lading Core Content and Carrier Liability of the Hague Convention

This article analyzes the International Convention on Certain Rules Relating to Bills of Lading (Hague Rules), focusing on the liability of carriers and its legal consequences. By interpreting the provisions, it clarifies the responsibilities of carriers and the exemptions from liability, providing clear guidance for the legal relationships related to maritime cargo transportation.

07/24/2025 Logistics Encyclopedia
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Ensuring Container Safety Vgm Standards Facilitate Efficient Transportation

Ensuring Container Safety Vgm Standards Facilitate Efficient Transportation

Since 2016, the International Convention for the Safety of Life at Sea (SOLAS) has introduced the Verified Gross Mass (VGM) regulations, requiring shippers to provide VGM information before loading containers. This ensures the safety and compliance of container transportation. Neglecting this requirement may result in containers being unable to be loaded onto ships, impacting the transport of goods.

11/30/-0001 Logistics
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Beware Noncompliance With Wooden Packaging Will Result In High Exit Fees

Beware Noncompliance With Wooden Packaging Will Result In High Exit Fees

Recently, customs reports indicate a significant increase in non-compliance issues related to wood packaging in our country. Packaging that lacks the International Plant Protection Convention (IPPC) mark or is found to contain live harmful organisms may lead to goods being rejected and incurring high costs. Companies must strictly adhere to wood packaging quarantine standards to avoid economic losses.

07/28/2025 Logistics
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The Hague Protocol An Analysis of New Standards and Rules in International Air Transport

The Hague Protocol An Analysis of New Standards and Rules in International Air Transport

The Hague Protocol, as a significant amendment to the Warsaw Convention of 1955, clarified the regulations governing international air transport. It established clearer standards for passenger tickets, baggage tickets, and cargo transportation, holding carriers accountable for errors in information provided by shippers. This marked a modernization of the air transport industry and strengthened the protection of the rights of all parties involved in transportation.

07/28/2025 Logistics Encyclopedia
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