Strategies to Reduce FOB Risks in Global Trade

Strategies to Reduce FOB Risks in Global Trade

While convenient, FOB (Free On Board) Incoterms carry the significant risk of delivery without a Bill of Lading. This article delves into the potential risks associated with FOB, highlighting issues such as freight forwarder control, Bill of Lading circulation, and the transfer of transportation risks. It provides practical advice to mitigate these risks, including selecting freight forwarders carefully, maintaining control over the goods, and purchasing export credit insurance. These measures can help you navigate international trade with greater confidence and security.

01/29/2026 Logistics Encyclopedia
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South Koreas Daiso Ends Japanese Partnership to Prioritize Domestic Expansion

South Koreas Daiso Ends Japanese Partnership to Prioritize Domestic Expansion

South Korean AsungHMP invested ₩500 billion to repurchase shares held by Japan's Daiso Industries Co., Ltd., achieving full control of Asungdaiso Corp. This move aims to strengthen local control, eliminate Japanese capital influence, accelerate its localization strategy, and lay the foundation for deepening the Korean market and expanding overseas. Daiso's strong performance growth in recent years has provided the confidence for this strategic transformation. The acquisition signifies a shift towards a more independent and domestically focused approach for the retail chain.

01/27/2026 Logistics Industry Insights
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Lazboy Integrates Tech to Elevate Luxury Home Furniture

Lazboy Integrates Tech to Elevate Luxury Home Furniture

La-Z-Boy is reshaping the high-end home experience through technological innovation, breaking away from homogeneous competition with a focus on "New Comfortism." From NFC control to four-zone intelligent control, technology empowers products and enhances the user experience. By extending scenarios and upgrading services, La-Z-Boy transforms home furnishing consumption from a one-time transaction into a lifestyle affiliation, building long-term user relationships and leading the high-end home furnishing industry into a new phase of growth.

01/27/2026 Logistics Industry Insights
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Amazon Seller Shifts from General Store to Niche Strategy

Amazon Seller Shifts from General Store to Niche Strategy

This article analyzes the product selection experience of Amazon seller Regan, highlighting three common pitfalls: lack of market research, neglecting quality control, and putting all eggs in one basket. By summarizing Regan's lessons, it provides a practical guide for Amazon sellers to avoid these mistakes. The article emphasizes the importance of thorough market research, stringent quality control management, and diversified business operations. The aim is to help sellers establish a solid foundation on the Amazon platform and achieve sustainable sales growth.

02/05/2026 Logistics Industry Insights
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WCO Advances Data Standards to Ease Global Passenger Travel

WCO Advances Data Standards to Ease Global Passenger Travel

The World Customs Organization (WCO) Passenger Facilitation and Control Working Group (PFCWG) 2nd Meeting focused on cruise best practices, global data standards, and secure travel. Discussions centered on draft data standards, emphasizing international cooperation and the application of technology to promote global traveler facilitation and control. The aim is to ensure safe, seamless, and sustainable international travel. The meeting highlighted the importance of collaboration among customs administrations to streamline processes and enhance security measures, ultimately contributing to a more efficient and secure global travel experience.

12/30/2025 Customs Knowledge
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Peru Boosts Border Efficiency with WCO Trade Partnership

Peru Boosts Border Efficiency with WCO Trade Partnership

The World Customs Organization (WCO) conducted a follow-up mission to Peruvian border agencies to strengthen cooperation and improve border control efficiency. By introducing the Coordinated Border Management (CBM) concept and developing a roadmap, focusing on enhanced information sharing, standardized procedures, risk management, and capacity building, Peru aims to establish an efficient and collaborative border control system. This initiative is expected to facilitate trade, boost economic development, and create new opportunities for growth. The mission highlights the importance of international collaboration in modernizing border operations.

01/05/2026 Customs Knowledge
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Amazon Adds Budget Controls to Curb Zerodollar Promotions

Amazon Adds Budget Controls to Curb Zerodollar Promotions

Amazon promotions receive a significant upgrade with the addition of budget control! This article provides a detailed interpretation of the new rules, teaching you how to rationally set promotion budgets and effectively control off-Amazon traffic costs, avoiding the 'free purchase' tragedy and achieving a win-win situation for sales and profits. Say goodbye to uncontrolled promotions and embrace precise marketing, ensuring every penny is well spent. Learn how to optimize your Amazon promotions with effective budget management and targeted traffic strategies for maximum ROI.

12/31/2025 Logistics Industry Insights
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Exporters Face Rising Air Freight Costs Seek Dispute Solutions

Exporters Face Rising Air Freight Costs Seek Dispute Solutions

This article addresses international air freight charge disputes encountered by foreign trade enterprises. It analyzes common dispute types, provides a five-step process for handling them, and emphasizes the importance of building a risk prevention and control system. The aim is to help companies control risks throughout the entire process, from quotation and contract signing to settlement, thereby reducing losses and increasing profit margins. By proactively managing these risks, businesses can navigate the complexities of international trade more effectively and safeguard their financial interests.

01/27/2026 Logistics Encyclopedia
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Iot Boosts Supply Chain Efficiency Adds Value

Iot Boosts Supply Chain Efficiency Adds Value

IoT is revolutionizing supply chain management by connecting smart devices and enabling real-time data processing, leading to improved transparency and control. This paper explores the applications of IoT in key areas such as real-time tracking, smart inventory management, predictive maintenance, and quality control. It also proposes an implementation roadmap for building an IoT-driven supply chain, emphasizing clear objectives, partner selection, pilot projects, and data security. The integration of IoT empowers businesses to optimize their supply chain operations and gain a competitive advantage.

01/29/2026 Logistics Industry Insights
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Maersks Logistics Strategy Drives Business Success

Maersks Logistics Strategy Drives Business Success

Maersk Project Logistics offers customers high control, exceptional reliability, and end-to-end visibility through its integrated network and specialized expertise. We simplify management processes and empower businesses to operate efficiently in complex global project environments, ultimately driving business growth. Our integrated services ensure seamless execution, while our focus on supply chain control provides clients with the transparency and predictability they need to succeed. We deliver comprehensive solutions tailored to the unique demands of each project, offering a single point of contact for all logistics needs.

09/28/2025 Logistics Industry Insights
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