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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Warning Us Customs Strengthens Inspection Of Lowvalue Goods

Warning Us Customs Strengthens Inspection Of Lowvalue Goods

The U.S. Customs has recently intensified its scrutiny of low-value goods. Sellers are required to submit detailed datasets within a specified timeframe; otherwise, their goods may be seized and they could face fines. As cross-border e-commerce transactions rise, compliance with export regulations has become a trend, and sellers should pay attention to local laws to improve their customs clearance rates.

07/25/2025 Logistics
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Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

This article analyzes the opportunities and challenges of Chinese chemical products going abroad. It delves into three key aspects that need attention during the export process: the hazardous characteristics of chemical products, the importance of qualification procedures, the auditing standards of different shipowners, and strategies for controlling shipping time. The aim is to provide enterprises with professional logistics services and advice.

07/28/2025 Logistics
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High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Understanding Bearing Classification and Customs Code Compliance

Understanding Bearing Classification and Customs Code Compliance

Bearings are vital mechanical components, making accurate classification of their HS codes essential. According to the Customs Import and Export Tariff of the People's Republic of China, rolling bearings and sliding bearings fall under different categories, subdivided into multiple codes. During the declaration process, it is crucial to avoid coding errors and brand infringement risks to ensure compliance and accuracy.

07/28/2025 HS Code Query
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WCO Updates Harmonized System for Global Trade Classification

WCO Updates Harmonized System for Global Trade Classification

The 59th session of the World Customs Organization's Harmonized System Committee released commodity classification decisions with significant implications for global trade rules. Import and export companies should closely monitor the revisions, understand their national customs implementation details, and consider utilizing professional organizations for commodity classification advance rulings to ensure trade compliance. This proactive approach minimizes potential risks and ensures smooth international trade operations.

01/22/2026 HS Code Query
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Guide to HS Code Chapter 54 for Manmade Filament Trade

Guide to HS Code Chapter 54 for Manmade Filament Trade

This paper provides an in-depth analysis of HS Code Chapter 54, offering a comprehensive interpretation of tariff classifications for man-made filaments. It covers various forms including sewing thread, yarn, monofilament, and woven fabrics, and elucidates its relationship with other chapters. The aim is to assist textile enterprises in accurately understanding trade regulations, mitigating risks, and gaining a competitive edge in the market. This understanding is crucial for navigating international textile trade effectively and ensuring compliance.

01/05/2026 HS Code Query
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Walmart Pulls Welspun Sheets Over Egyptian Cotton Doubts

Walmart Pulls Welspun Sheets Over Egyptian Cotton Doubts

Walmart stopped selling Welspun's bedsheets and offered refunds after the company couldn't guarantee they were 100% Egyptian cotton. This incident highlighted the lack of supply chain transparency and quality control issues in the textile industry, raising consumer doubts about the authenticity of “Egyptian cotton” products. Retailers need to strengthen supply chain management to ensure product quality and rebuild consumer trust. The case underscores the importance of rigorous verification processes and traceability in the global textile market.

02/04/2026 Logistics Industry Insights
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8 Practical Tips to Improve Freight Forwarding Sales Efficiency

8 Practical Tips to Improve Freight Forwarding Sales Efficiency

This article outlines 8 practical tips to enhance cargo solicitation efficiency in the freight forwarding industry. These include sincerity and enthusiasm, competitive pricing, consistent client care, strong customs relationships, document handling skills, collaboration with shipping companies, support for manufacturers without import/export rights, and partnerships with insurance companies. Implementing these strategies will help freight forwarders build strong client relationships, improve service competitiveness, and achieve sustainable business growth.

07/21/2025 Logistics
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Global Small Package Shipping A Complete Dispatchtodelivery Guide

Global Small Package Shipping A Complete Dispatchtodelivery Guide

This article provides a detailed overview of the shipping process for international small packages, covering the steps from sending to receiving. It includes packaging and information entry during the sending phase, customs clearance for export and import, transportation via air and ground delivery, and the delivery phase of dispatch and signature. The aim is to help readers improve the efficiency and safety of cross-border mailing.

08/04/2025 Logistics Encyclopedia
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