Port of LA Drops Container Fee Amid Trade Relief Efforts

Port of LA Drops Container Fee Amid Trade Relief Efforts

The Los Angeles Harbor Commission voted to eliminate a never-implemented container infrastructure fee, aiming to ease the burden on cargo owners and enhance the port's competitiveness. The port has successfully funded infrastructure development through alternative channels, such as actively pursuing government grants, avoiding the need to charge shippers extra fees. This decision sends a positive signal to the market, demonstrating the port's commitment to efficient operations and cost-effectiveness without relying on the controversial container fee.

01/22/2026 Logistics
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Port of Boston Opens New Trade Route to Southeast Asia

Port of Boston Opens New Trade Route to Southeast Asia

A new AWE-5 service from the Port of Boston will launch on May 27th, offering direct access to Southeast Asia. Operated jointly by COSCO Shipping, Yang Ming Marine Transport Corp., and two other major shipping lines, the service arrives every Friday. This initiative significantly reduces transit times and lowers logistics costs, enhancing the competitiveness of New England businesses and enabling them to capitalize on opportunities in the Southeast Asian market. This new route provides a faster and more efficient shipping solution for businesses in the region.

01/22/2026 Logistics
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Sichuan Airlines Opens Chengduprague Cargo Route to Expand Chinaeurope Trade

Sichuan Airlines Opens Chengduprague Cargo Route to Expand Chinaeurope Trade

Sichuan Airlines launched a new cargo route to Prague, strengthening the China-Europe freight channel and supporting the Belt and Road Initiative. This initiative enhances Sichuan Airlines' international logistics network and elevates Chengdu's position as a Western China cargo hub. The new route promotes China-Europe industrial chain collaboration and injects new momentum into China-Europe economic and trade relations. It aims to facilitate smoother and more efficient trade flows between the two regions, contributing to overall economic growth and connectivity.

Key Documents in Global Trade Declarations and Bills of Lading

Key Documents in Global Trade Declarations and Bills of Lading

This article delves into the relationship between the customs declaration's B/L number and the ocean bill of lading (B/L). It details the definition, function, types, and key elements of preparing an ocean B/L. Furthermore, it proposes risk prevention measures in practical operations. The aim is to assist foreign trade practitioners in accurately understanding and applying relevant knowledge, improving document processing capabilities, and ensuring the smooth conduct of trade activities. This provides a practical guide for navigating the complexities of foreign trade documentation.

Exporters Guide to DDP and DAP Incoterms for Trade Success

Exporters Guide to DDP and DAP Incoterms for Trade Success

This article delves into the commonly used Incoterms DDP (Delivered Duty Paid) and DAP (Delivered at Place) in export trade. It details the responsibilities, cost allocations, and suitable scenarios for each. Through comparative analysis, it provides practical advice for exporters to choose the appropriate Incoterms, helping companies optimize cost control and reduce trade risks. The analysis focuses on understanding the nuances of each term to aid in informed decision-making for efficient and profitable export operations.

US Trade Trends and Peak Season Outlook Amid China Tensions

US Trade Trends and Peak Season Outlook Amid China Tensions

Chris Rogers, Head of Supply Chain Research at S&P Global, analyzes US import and export trends, peak season performance, inventory adjustments, and US-China trade relations. He points out that US imports and exports are undergoing a period of adjustment. The proportion of online sales during peak season is increasing, requiring companies to flexibly adjust inventory. Businesses should pay close attention to changes in US-China trade policies and explore diversified supply chains to mitigate risks and ensure resilience.

WCO Boosts East and Southern Africa Customs for Trade Growth

WCO Boosts East and Southern Africa Customs for Trade Growth

The 36th WCO ESA Regional Steering Group Meeting focused on customs modernization, emphasizing capacity building, regional cooperation, and strategic guidance. The ROCB's report highlighted its contributions to capacity building and technical assistance. The WCO Secretariat presented strategic plans and emerging issues. Businesses should focus on policies, strengthen compliance, participate in capacity building initiatives, communicate with customs authorities, and embrace technological innovation to seize opportunities and achieve business growth. This meeting underscored the importance of collaborative efforts and strategic alignment for effective trade facilitation in the region.

WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

WCO Committee Highlights Key Global Trade Trends in Latest Meeting

WCO Committee Highlights Key Global Trade Trends in Latest Meeting

The 59th session resolutions of the World Customs Organization's Harmonized System Committee impact international trade. This analysis interprets new classification opinions and revisions, dissects typical commodity cases, and guides enterprises towards compliant operations. Understanding these changes is crucial for businesses involved in cross-border trade to ensure accurate classification and avoid potential penalties. This guidance helps navigate the complexities of the HS code and adapt to evolving international trade regulations, promoting efficient and legally sound import and export practices.

WCO Highlights Data Strategy and Trade Tools at June Meetings

WCO Highlights Data Strategy and Trade Tools at June Meetings

The World Customs Organization (WCO) Permanent Technical Committee (PTC) meeting focused on data strategy, emphasizing the future of data-driven customs management. The meeting approved several key tools, including the 'Study Report on Disruptive Technologies' and the 'Rail Transit Handbook,' which will be submitted to the Policy Commission and Council for approval. Furthermore, discussions covered e-commerce, pandemic response, and the circular economy. The meeting also saw the election of a new chairman and vice-chairman.