International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

This article presents the important air freight rate manual TACT (The Air Cargo Tariff), first published in 1975 and currently co-published by several airlines. TACT is divided into three main parts and includes all rules and detailed rate information for international transport. Understanding how to use TACT enables transportation professionals to obtain precise quotes, thereby enhancing decision-making efficiency and market competitiveness.

07/28/2025 Logistics Encyclopedia
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Luxembourg-Findel Airport Expands as Key European Aviation Hub

Luxembourg-Findel Airport Expands as Key European Aviation Hub

Luxembourg-Findel International Airport is located in the city of Luxembourg and is the only international airport in the country, operating since 1930. The airport has A, B, and general aviation terminals, with an annual capacity of 3 million passengers. It provides significant aviation services, including flights from multiple international airlines, and ranks among the top in Europe for freight volume.

07/29/2025 Airport Codes
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Fedex Cuts Costs with Network 20 Overhaul

Fedex Cuts Costs with Network 20 Overhaul

FedEx is accelerating its "Network 2.0 Program," aiming to reduce costs and improve efficiency by closing freight centers and consolidating resources. The program has already shown significant results in some areas, with pick-up and delivery costs reduced by 10%. FedEx is committed to ensuring a seamless transition and that customer experience remains unaffected throughout the implementation of these changes.

12/30/2025 Logistics
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Guide to Air Waybill Acquisition and Replacement Processes

Guide to Air Waybill Acquisition and Replacement Processes

This article outlines the process of obtaining and replacing an Air Waybill (D/O) in international air freight, including document submission and fee payment. It emphasizes the importance of information consistency and timely processing to facilitate efficient cargo pickup. The guide aims to help individuals and businesses navigate the complexities of D/O acquisition and replacement, ensuring a smooth and expedited import process.

01/15/2026 Logistics Encyclopedia
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US Ports See Rising Container Volumes Amid Growth Challenges

US Ports See Rising Container Volumes Amid Growth Challenges

US container freight volume increased by 13.4% in September, marking the 13th consecutive month of growth, driven by robust consumer demand. The booming consumer goods market highlights the strength of the US economy. However, this surge in demand also warrants careful monitoring of potential supply chain risks and bottlenecks to ensure continued smooth operations and prevent disruptions in the flow of goods.

01/15/2026 Logistics
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US Import Volumes Drop Sharply Amid Pandemic Demand Decline

US Import Volumes Drop Sharply Amid Pandemic Demand Decline

Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.

01/15/2026 Logistics Industry Insights
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Nearshoring Drives Surge in Crossborder Trade

Nearshoring Drives Surge in Crossborder Trade

Nearshore outsourcing is fueling unprecedented growth in cross-border trade. Freight companies are tackling challenges through data optimization, strategic partnerships, and specialized expertise. Shippers need to focus on compliance, risk management, supply chain optimization, and technology adoption to capitalize on opportunities in cross-border trade. Navigating complexities requires a proactive and informed approach to ensure efficiency and profitability in the evolving global landscape.

01/19/2026 Logistics Industry Insights
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Container Shipping Rates Stabilize As Rational Pricing Takes Hold

Container Shipping Rates Stabilize As Rational Pricing Takes Hold

Fitch Ratings analysts point out that even during periods of weak demand early in the pandemic, major shipping companies effectively controlled the supply of containers in the market by flexibly adjusting capacity. This supported stable freight rates and ultimately drove prices higher. The self-discipline of shipping companies in terms of capacity supply is reshaping the pricing mechanism of the maritime market.

01/20/2026 Logistics Industry Insights
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Maersk Customizes Supply Chain Solutions for Sudan Trade

Maersk Customizes Supply Chain Solutions for Sudan Trade

Maersk offers customized supply chain solutions to optimize trade with Sudan, including localized services such as customs clearance, inland transportation, warehousing and distribution, and project logistics. This is combined with comprehensive logistics solutions encompassing global ocean, air, and supply chain management. Through a digital platform, Maersk provides convenient features like instant booking confirmation and visualized route selection, empowering businesses to enhance their global trade competitiveness. These integrated solutions aim to streamline operations and improve efficiency for companies engaged in or looking to engage in trade with Sudan.

09/28/2025 Logistics
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