Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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Seattle Port Traffic Plummets Amid Uschina Tariffs

Seattle Port Traffic Plummets Amid Uschina Tariffs

With the implementation of a new round of tariff policies, Seattle Port now has no ships docking, highlighting a different aspect of being the second largest port in the United States. This poses severe challenges for importers, consumers, and the overall stability of the economy.

08/06/2025 Logistics
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Guangzhou Airport Ranks Ninth Globally in Cargo Traffic

Guangzhou Airport Ranks Ninth Globally in Cargo Traffic

In 2024, Guangzhou Baiyun International Air Cargo Airport's cargo and mail throughput surpassed 2.38 million tons, ranking ninth globally. The airport launched 18 new international routes and built an efficient logistics network, attracting numerous global logistics giants to settle in. The future looks promising.

08/04/2025 Logistics
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Global Airports Beginning with D See Rising Passenger Traffic

Global Airports Beginning with D See Rising Passenger Traffic

This article discusses airport codes that begin with the letter 'D', including Daytona Beach International Airport, Hazrat Shahjalal International Airport in Dhaka, and other important airports. It analyzes their roles in the global aviation network and the phenomenon of airport closures, providing valuable information for air travelers and industry professionals.

08/05/2025 Airport Codes
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Colombias Alfonso Bonilla Aragon Airport Sees Rising Passenger Traffic

Colombias Alfonso Bonilla Aragon Airport Sees Rising Passenger Traffic

Alfonso Bonilla Aragón International Airport (SKCL) is a significant air hub in Colombia, located at an elevation of 3,162 feet and offering both domestic and international flight services. As air travel demand increases, the airport continuously upgrades its facilities and service quality to provide passengers with a more comfortable travel experience.

08/08/2025 Airport Codes
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EXW Delivery Risks and Responsibilities Explained

EXW Delivery Risks and Responsibilities Explained

This article discusses risk management and liability mitigation measures in the EXW shipping process, including clarifying delivery locations, improving contract terms, strengthening document management, and appropriately allocating insurance. The aim is to ensure smooth deliveries in international trade and reduce potential disputes.

02/20/2025 Logistics Encyclopedia
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AI Boosts Airline Efficiency and Customer Service

AI Boosts Airline Efficiency and Customer Service

Artificial intelligence is revolutionizing the aviation industry by optimizing crew scheduling, real-time turnaround management, and delay mitigation, contributing to operational stability and enhanced passenger experience. This report delves into the practical applications of AI in aviation, showcasing how it improves industry resilience and efficiency.

08/06/2025 Logistics Industry Insights
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Global Shipping Delays Causes and Solutions

Global Shipping Delays Causes and Solutions

International ocean shipping time efficiency is influenced by port efficiency, vessel performance, policies, and geopolitical risks. Port congestion, technological limitations, customs clearance differences, and unexpected events can significantly extend transit times. Businesses should enhance supply chain competitiveness by optimizing port partnerships, selecting efficient routes, monitoring policy changes, and developing risk mitigation plans. Addressing these factors is crucial for ensuring timely and reliable international shipments.

11/03/2025 Logistics Industry Insights
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