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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WCO JICA Boost Customs Audits in East Africa

WCO JICA Boost Customs Audits in East Africa

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "East African Post Clearance Audit Instructor Training Program" (MTP). This initiative aims to cultivate a high-quality regional instructor pool, enhance the Post Clearance Audit (PCA) capabilities of East African customs administrations, and facilitate trade. Through systematic training, curriculum development, and expert guidance, the program seeks to improve PCA skills, promote trade facilitation, strengthen regional cooperation, and achieve sustainable development in the region.

01/05/2026 Customs Knowledge
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Airline Industry Adopts New Standards for Mobility Aid Transport

Airline Industry Adopts New Standards for Mobility Aid Transport

This webinar focuses on ensuring the safe and secure transport of mobility aids in air travel, aiming to improve the travel experience for people with disabilities. It emphasizes enhanced communication, reduced equipment damage, and improved training. The IATA AHM provides industry standards and best practices, while standardized training enhances ground operation efficiency and safety. The webinar calls for collaborative efforts to build a more inclusive air travel environment, ensuring a smoother and more dignified journey for all passengers.

12/30/2025 Logistics Industry Insights
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WCO Enhances Asiapacific IP Protection with Certified Experts

WCO Enhances Asiapacific IP Protection with Certified Experts

The World Customs Organization (WCO) has completed a Technical Operational Advisor (TOA) certification training program in Japan, focusing on Intellectual Property Rights (IPR) in the Asia-Pacific region. This initiative aims to enhance the region's customs capabilities in combating counterfeit and pirated goods. Following rigorous assessment and training, customs officials from various countries will become key WCO resources in the region, providing technical support to member customs administrations and collectively addressing the increasingly complex challenges of intellectual property infringement.

01/05/2026 Customs Knowledge
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New IATA Courses Aim to Improve Airport Ground Efficiency

New IATA Courses Aim to Improve Airport Ground Efficiency

The IATA Ground Operations Training program aims to improve airport ground operations efficiency, covering four key areas: management, marketing, operations, and safety. Tailored for airport professionals at all levels, the course offers various learning methods and provides industry-recognized IATA certification. It helps build a highly efficient and excellent ground operations team, significantly improving flight punctuality and overall airport performance. This comprehensive training ensures a well-trained workforce capable of optimizing ground handling processes and adhering to international standards.

01/08/2026 Logistics Encyclopedia
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Supply Chain Efficiency Hinges on Frontline Supervisor Support

Supply Chain Efficiency Hinges on Frontline Supervisor Support

As the peak season for supply chains approaches, the role of frontline supervisors becomes crucial. This article highlights the challenges they face, including burnout and employee turnover, and explores the costs associated with training gaps and staff attrition. It provides an action guide with recommendations such as setting realistic goals, mandating time off, and offering practical leadership training. The aim is to help companies build high-performing frontline supervisor teams, thereby improving overall supply chain efficiency and stability.

01/08/2026 Logistics Industry Insights
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US DOT Targets CDL Mills to Improve Trucking Safety

US DOT Targets CDL Mills to Improve Trucking Safety

The U.S. Department of Transportation is cracking down on "CDL mill" driving schools, removing nearly 3,000 non-compliant training institutions to improve truck driver training quality and ensure road safety. This move has garnered widespread industry support but may impact freight capacity. Future efforts should focus on strengthening regulation and building a safe and standardized trucking industry. This aims to prevent unqualified drivers from entering the workforce and causing accidents, ultimately enhancing public safety on roadways.

01/15/2026 Logistics Industry Insights
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