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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Differences and Advantages of Passenger and Cargo Aircraft

Differences and Advantages of Passenger and Cargo Aircraft

In air freight transportation, passenger and cargo aircraft serve different functions. Passenger planes can carry luggage and small packages, but have limited cargo space. In contrast, cargo planes are specifically designed for freight, capable of carrying large quantities and oversized items, with more flexible conditions for hazardous materials. Cargo planes offer higher loading and unloading efficiency and are more adaptable.

07/14/2025 Logistics Encyclopedia
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The Logistics Industrys Transformation Amidst High Oil Prices

The Logistics Industrys Transformation Amidst High Oil Prices

The spike in international oil prices due to the Russia-Ukraine conflict has brought both challenges and opportunities to the logistics industry. While transport cost pressures have surged, the promotion of new energy logistics vehicles provides impetus for companies to transform. This article explores the strategies logistics firms can adopt in response to high oil prices and their future development directions.

07/24/2025 Logistics
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Global Aviation Transport Regulations Analysis Interpretation and Application of the Warsaw Convention

Global Aviation Transport Regulations Analysis Interpretation and Application of the Warsaw Convention

The Warsaw Convention has been in effect since 1929, regulating the legal framework of international air transportation. This article analyzes the definitions and scope of the convention, as well as the specific requirements for documents such as passenger tickets, baggage tickets, and air waybills. It particularly emphasizes the importance of these regulations in safeguarding the rights and interests of all parties involved.

07/28/2025 Logistics
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Haugesund Airport Marks 50 Years as Norway’s Key Regional Hub

Haugesund Airport Marks 50 Years as Norway’s Key Regional Hub

Haugesund Airport, located in southwestern Norway, is a modern international airport offering numerous domestic and international routes, connecting cities like Oslo and Bergen. Since its opening in 1975, the airport has rapidly developed into Norway's eleventh busiest airport, serving approximately 694,005 passengers annually. It provides convenient air travel services for both business travelers and vacationers, enhancing the possibilities for your journey.

07/28/2025 Airport Codes
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Air Freight Pricing: Decoding Weight and Volumetric Costs

Air Freight Pricing: Decoding Weight and Volumetric Costs

In air freight quotations, the symbol '+' indicates that the weight exceeds a specific value, typically displayed in kilograms, such as '100+' meaning over 100 kilograms. Air shipments are classified as heavy cargo or dimensional cargo, with heavy cargo charged by weight and dimensional cargo based on volume and actual weight. Understanding this information is crucial for effectively managing logistics costs.

07/28/2025 Logistics Encyclopedia
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Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

This article explains the meaning of the "+" symbol in air freight quotes, primarily used to indicate the weight limit in kilograms. For example, "100+" signifies over 100 kilograms. It provides a detailed analysis of tiered pricing for air freight, the distinction between heavy cargo and volumetric cargo, and specific methods for calculating costs, helping readers better understand air freight expenses.

07/28/2025 Logistics Encyclopedia
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Freight Forwarders Enhance Global Trade Through Service Innovation

Freight Forwarders Enhance Global Trade Through Service Innovation

Freight forwarders play a vital role in international trade. An excellent forwarder should provide competitive pricing, flexibility in delivery schedules, control of goods, tracking of cargo status, handling urgent shipments, and managing documentation. Choosing the right forwarder requires attention to their preferred routes, pricing, and services. Verifying quotes from forwarders ensures transparency, which contributes to the smooth development of business relationships.

07/28/2025 Logistics Encyclopedia
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TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

The TACT (The Air Cargo Tariff) is an air freight rate manual published by the International Air Transport Association. It addresses inconsistencies in airline rate manuals that emerged in the 1970s. TACT consists of three parts: TACT Rules, North American rates, and global rates. It covers carrier rules, charges, rates, and special provisions, providing standardized references for international freight, thereby enhancing industry efficiency.

07/28/2025 Logistics Encyclopedia
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Chandigarh Airport Expands with New International Terminal

Chandigarh Airport Expands with New International Terminal

Chandigarh Airport is an important aviation hub in Northern India, located in the southern part of Chandigarh. Currently serving several domestic airlines, the airport is set to expand into an international airport to enhance passenger capacity and plans to build a new international terminal. Future developments are expected to improve the quality of flight services and meet the growing demand for air travel.

07/29/2025 Logistics
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