This article explores how to identify low-price traps in international shipping and the methods for selecting legitimate freight forwarders. It emphasizes the diversity of price traps and the necessity of qualifications and service terms of legitimate freight forwarders. Through clear standards and recommendations, it assists cargo owners in making informed choices in a complex market environment.
This article offers a detailed inquiry system for international ocean freight costs, featuring the latest price information for major cities and ports. By comparing rates from different shipping companies, customers can quickly obtain transportation costs from various Chinese ports to overseas destinations. Additionally, links provided on the platform allow for a comprehensive understanding of freight terms and routes.
Mediterranean Shipping Company (MSC) has recently undertaken a series of ship acquisitions to strengthen its position in the shipping market. The acquisitions include a container ship built in 2001 and a bulk carrier with a capacity of 8,236 TEU. MSC also acquired a 49% stake in the Messina Group, marking its entry as a minority shareholder. These moves reflect MSC's strong commitment to its shipping business while laying a foundation for future growth.
This article provides a detailed overview of ship positioning techniques, the FBA shipping process, and DAP Incoterms. It aims to equip freight forwarders and foreign trade merchants with the necessary knowledge to improve work efficiency, reduce operating costs, and mitigate trade risks. The guide covers practical strategies for accurate vessel tracking, navigating the complexities of Fulfillment by Amazon shipping, and understanding the obligations and responsibilities associated with Delivery at Place (DAP) trade terms. By mastering these concepts, professionals can optimize their logistics operations and ensure smoother international transactions.
Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.
On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.
This article introduces the English expressions for various customs declarations, including export and import declarations. It also covers common terminology related to customs clearance, such as customs broker and customs inspection. The aim is to facilitate a better understanding of the customs clearance process in international trade. This resource provides a valuable overview of key documents and terms essential for navigating the complexities of international shipping and trade regulations.
This article provides a detailed comparison between international small packets and international express services in terms of price, delivery time, service, and security. It aims to help readers choose the most suitable international shipping method based on their individual needs. International small packets are economical and ideal for lightweight items, while international express is efficient and reliable, suitable for valuable goods. Choosing the right option can save time and effort.
