FOB Airport Pricing Key to Mitigating Air Freight Risks

FOB Airport Pricing Key to Mitigating Air Freight Risks

This article provides an in-depth analysis of FOB Airport Price in international air freight, clarifying its price composition, risk transfer mechanisms, and the division of responsibilities between buyers and sellers. By comparing it with traditional FOB, the article highlights the unique application of FOB Airport Price in air freight trade. The aim is to help practitioners mitigate trade risks and ensure smooth transactions. It covers key aspects like price calculation, responsibilities of each party involved, and potential pitfalls to avoid when using this specific trade term.

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

Guide to Filing Air Freight Claims for Global Traders

Guide to Filing Air Freight Claims for Global Traders

Losing goods in international air freight is a common issue in foreign trade. This guide provides a comprehensive claims strategy, covering urgent verification, determination of liability, material preparation, claim submission, compensation standards, dispute resolution, and key points to avoid pitfalls. It aims to help foreign traders efficiently handle claims and recover losses. It details the necessary steps to take when cargo goes missing, how to identify the responsible party, gather the required documentation, and navigate the claims process to maximize the chances of successful compensation.