Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

This article analyzes the meanings and practical applications of commonly used terms in charter party contracts: PWWD, SSHINC, and CQD. PWWD refers to 'Per Working Weather Day' and relates to the measurement of loading and unloading time; SSHINC specifies that Saturdays, Sundays, and holidays are included; while CQD represents the customary discharge speed at the port, with associated risks. These terms are crucial for ensuring the smooth operation of voyage charter agreements.

Global Aviation Safety Improves with 61 Years of IATA Data

Global Aviation Safety Improves with 61 Years of IATA Data

IATA's 61st Annual Safety Report provides global commercial aviation accident data since 2005, helping users identify risks, develop strategies, and improve safety. The report, validated by a team of experts, categorizes factors, formulates recommendations, and offers information on global industry events, all aimed at enhancing aviation safety. It serves as a valuable resource for understanding trends and implementing proactive measures to mitigate potential hazards and further improve safety standards within the aviation industry.

USPS Tightens Rules on Undervalued Imports Disrupts Trade

USPS Tightens Rules on Undervalued Imports Disrupts Trade

USPS is cracking down on "surface mail arbitrage," upgrading its postage control system, resulting in significant parcel delays, even affecting compliant orders. Sellers must strictly adhere to USPS regulations, ensuring postage payment aligns with the shipping date to avoid risks associated with violations. Establishing standardized payment processes is crucial to mitigate potential future logistics disruptions. The stricter enforcement impacts cross-border logistics and requires sellers to be vigilant about compliance to avoid penalties and delays.

01/05/2026 Logistics
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Air Waybill Essential for International Air Freight

Air Waybill Essential for International Air Freight

The Air Waybill (AWB) is a core document in international air freight, acting as a contract of carriage, a receipt for goods, and a shipping instruction. It plays a crucial role in ensuring the safe and efficient transportation of goods. This paper provides an in-depth interpretation of the various elements of the AWB and their functions, aiming to help readers understand and use the AWB correctly, reduce transportation risks, and improve logistics efficiency.

Guide to Secure Shipping for Large Items

Guide to Secure Shipping for Large Items

This article delves into the core elements of oversized logistics, from defining oversized items and selecting appropriate transportation methods to emphasizing the importance of the delivery process. It details how to ensure the safe transport of large items. Choosing a professional logistics company, customizing packaging solutions, and carefully inspecting goods upon delivery are key to ensuring worry-free oversized logistics. These steps minimize risks and guarantee successful delivery of valuable, large commodities.

Latin America Streamlines Customs Rulings to Boost Trade

Latin America Streamlines Customs Rulings to Boost Trade

Nineteen Latin American countries gathered to discuss the optimization and implementation of the Customs Advance Ruling (AR) mechanism. The seminar aimed to foster regional cooperation, share best practices, and refine relevant policies and regulations to build a more efficient, transparent, and predictable trade environment. This initiative helps businesses reduce trade risks, improve customs clearance efficiency, and optimize cost control, ultimately promoting economic development and global trade prosperity in the Latin American region.

Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivia Adopts Uruguays Customs Risk Strategies to Boost Trade

Bolivian Customs is leveraging the risk management experience of Uruguayan Customs to improve clearance efficiency and reduce trade risks. This initiative is part of a WCO project aimed at fostering international cooperation and economic development. By adopting best practices in risk management, Bolivian Customs aims to streamline processes, enhance security, and facilitate legitimate trade flows. This collaboration highlights the importance of knowledge sharing and capacity building in strengthening customs administrations and promoting global trade.

Sudan Boosts Customs Security to Spur Economic Growth

Sudan Boosts Customs Security to Spur Economic Growth

Sudan Customs, with the support of the WCO, organized a risk management workshop aimed at enhancing risk management capabilities. The workshop focused on establishing target centers and selective inspection systems. This initiative is crucial for improving customs efficiency and security by enabling Sudan Customs to better identify and manage potential risks associated with trade. The WCO's support underscores the importance of international collaboration in strengthening customs administrations and promoting effective risk management practices.

Air Waybill Mastery Boosts Global Trade Efficiency

Air Waybill Mastery Boosts Global Trade Efficiency

The international air waybill (AWB) is a crucial document in airfreight trade. This paper analyzes its role, components, workflow, and freight settlement methods. It emphasizes the importance of accurately completing AWB information and provides practical advice for foreign trade enterprises to protect their interests by utilizing AWBs. This helps companies control their logistics lifeline and avoid potential risks. The AWB's accurate completion is vital for smooth international airfreight operations and risk mitigation.

Rwanda Launches Online System to Ease Crossborder Trade

Rwanda Launches Online System to Ease Crossborder Trade

Rwanda Customs has launched an online advance ruling system integrated into its electronic single window. This aims to help traders clarify tariffs in advance, reduce trade risks, and accelerate customs clearance. To fully leverage the system's advantages, training and promotion are crucial to enhance traders' familiarity with the online application process, helping businesses seize market opportunities. The system improves transparency and predictability in cross-border trade, fostering a more efficient and reliable trading environment.