Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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International Shipping Fee Inquiry: A Comprehensive Understanding of Ocean Freight Prices and FCL Rates

International Shipping Fee Inquiry: A Comprehensive Understanding of Ocean Freight Prices and FCL Rates

This article provides a comprehensive overview of international sea freight inquiry, covering aspects such as shipping quotes, full container rates, and key port information. It explores the components of sea freight, offers methods for checking shipping quotes, and discusses the differences and advantages of full container shipping versus less-than-container-load (LCL) shipping.

07/18/2025 Logistics Encyclopedia
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Delayed Payment Fees Impact Import Process Efficiency

Delayed Payment Fees Impact Import Process Efficiency

A late payment fee refers to the charge that freight forwarders or customs brokers impose on customers after paying customs duties and value-added tax on their behalf, typically calculated as a percentage of the amount paid. Understanding this fee can help businesses optimize their import processes, control costs, and enhance market competitiveness.

08/05/2025 Customs Knowledge
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Port Congestion Surcharge (PCS) Explained

Port Congestion Surcharge (PCS) Explained

The Port Congestion Surcharge (PCS) is an additional fee charged to shippers due to rising costs from busy ports. This fee varies depending on the port and time period, making it essential to consider for accurate logistics cost assessments to avoid economic losses. Specific charges are determined by announcements from shipping companies.

07/21/2025 Logistics Encyclopedia
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Hong Kong Passport Ranks Higher Globally Mainland China Advances

Hong Kong Passport Ranks Higher Globally Mainland China Advances

The Henley Passport Index 2026 has been released, with the Hong Kong passport's visa-free access rising to 15th globally. The mainland China passport also saw a slight improvement in its ranking. This index measures the international travel freedom of passports by counting the number of countries and territories their holders can access visa-free or with visa-on-arrival. Singapore, Japan, and South Korea continue to hold top positions, reflecting their citizens' ease of international travel.

02/05/2026 Logistics Industry Insights
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Strategies to Reduce Pier Pass Fees at LA Long Beach Ports

Strategies to Reduce Pier Pass Fees at LA Long Beach Ports

This article provides an in-depth analysis of the Pier Pass Traffic Mitigation Fee at the Ports of Los Angeles/Long Beach, explaining its purpose, fee structure, and coping strategies. By optimizing pickup times and planning ahead, cargo owners can effectively reduce transportation costs. Flexport offers transparent pricing and efficient services to help businesses optimize their supply chains.

11/03/2025 Logistics Encyclopedia
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China Eases Visafree Transit Rules for Malaysia Travelers

China Eases Visafree Transit Rules for Malaysia Travelers

This article provides a comprehensive transit/entry guide to Malaysia for Chinese citizens. It covers visa policies (including visa-free conditions and transit visa applications), the latest quarantine requirements (as of February 2023, no quarantine is required, but policy changes should be monitored), the electronic health declaration process, and other entry precautions. This guide aims to help you travel smoothly in Malaysia and enjoy your trip. Remember to always check for the most up-to-date regulations before your travel date.

01/26/2026 Customs Knowledge
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Guide to Chinese Student Visas for Malaysians

Guide to Chinese Student Visas for Malaysians

This article provides a comprehensive guide to Chinese student visas for Malaysian students. It covers the X1 and X2 visa types, validity calculation methods, extension procedures, and penalties for overstaying. It also answers frequently asked questions to help you navigate the Chinese student visa process smoothly, avoid unnecessary troubles, and enjoy your study abroad experience with peace of mind. The guide aims to equip Malaysian students with the necessary knowledge for a hassle-free visa application and stay in China.

01/28/2026 Customs Knowledge
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Global Air Freight Storage Fees Costsaving Strategies

Global Air Freight Storage Fees Costsaving Strategies

This article provides an in-depth analysis of international air cargo airport warehousing fee standards, using examples from Shenzhen, China Eastern Logistics, and Zhuhai Airport. It details the fee structure for different cargo types and overdue storage charges. Furthermore, it offers practical strategies to effectively shorten warehousing time and reduce logistics costs, including advance customs clearance, selecting efficient agents, and optimizing transportation time.

01/29/2026 Warehousing
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Temu Sellers Grapple With Higher Fees Seek Costcutting Measures

Temu Sellers Grapple With Higher Fees Seek Costcutting Measures

This article delves into Temu's TRO (Total Refund Offer) fees, highlighting their impact on cross-border e-commerce seller profitability. It emphasizes the importance of understanding the fee structure and suggests strategies for mitigating TRO expenses. Sellers should focus on optimizing product quality, logistics, and after-sales service to reduce return rates. By effectively controlling TRO fee expenditures, sellers can achieve sustainable growth on the Temu platform.

02/03/2026 Customs Knowledge
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