Key Incoterms Guide Aims to Cut Trade Risks Costs

Key Incoterms Guide Aims to Cut Trade Risks Costs

This article provides an in-depth analysis of 10 commonly used Incoterms in international trade, based on Incoterms® 2020. It details the responsibilities, risk transfer, and cost allocation for each term, offering practical selection strategies and risk mitigation advice. The aim is to help businesses optimize costs, reduce the risk of logistics disputes, and ensure trade security. This analysis provides valuable insights for navigating the complexities of international commerce and making informed decisions regarding Incoterms.

WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

WCO Prioritizes Trade Recovery Innovation Amid Global Challenges

World Customs Organization (WCO) Secretary General Kunio Mikuriya held an online meeting with representatives from Geneva Customs to discuss how customs administrations can promote trade facilitation, build sustainable supply chains, and contribute to global trade prosperity in the context of global economic recovery. The discussion focused on leveraging technological innovation, fostering international cooperation, and effectively implementing the Trade Facilitation Agreement. These efforts aim to streamline customs procedures, reduce trade costs, and ultimately support the growth of international commerce.

WCO Adopts New Tech to Transform Global Trade

WCO Adopts New Tech to Transform Global Trade

The WCO conference focused on emerging technologies, updating cross-border e-commerce standards, promoting customs digital transformation, and strengthening international cooperation. Discussions addressed how to leverage technology for trade facilitation while mitigating associated risks. Key priorities included enhancing global trade security and adapting to the challenges posed by disruptive technologies. The conference emphasized the importance of collaboration and innovation in navigating the evolving landscape of international trade and ensuring a secure and efficient global trading system.

Wcos SAFE Framework Strengthens Global Supply Chain Security

Wcos SAFE Framework Strengthens Global Supply Chain Security

The World Customs Organization (WCO) SAFE Working Group meeting focused on supply chain security and efficiency, discussing the implementation and future development of the SAFE Framework. The meeting highlighted forward-looking topics such as e-seals, regional cooperation, e-commerce inclusion, and blockchain applications. It also addressed innovative practices like standardized document formats, air cargo security, and electronic advance data sets. The aim is to strengthen customs cooperation and build a secure and efficient future for global trade.

Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway Customs Adopts Digital Tools to Streamline Global Trade

Norway's National Customs Day focused on the "Future of Customs," exploring opportunities and challenges presented by emerging technologies like digitalization, 3D printing, and e-commerce. Participants emphasized the need for customs to embrace change, strengthen international cooperation, and enhance intelligent capabilities to address the new global trade landscape. The discussions highlighted the importance of ensuring trade security and facilitation in this evolving environment. Adapting to these technological advancements is crucial for efficient and secure global trade operations.

Shipping Costs Volume Vs Actual Weight Explained

Shipping Costs Volume Vs Actual Weight Explained

This article delves into the impact of volumetric weight and actual weight on international express shipping costs. It explains that cargo density is the key determining factor. We present differentiated cost-reduction strategies for lightweight (bulky) goods, heavyweight goods, and goods with critical density, helping cross-border e-commerce sellers effectively control their logistics costs. The core idea is to understand how density influences pricing and to adopt specific strategies tailored to different cargo types to minimize expenses.

Ecommerce Guide Damageproof Packaging for Global Shipping

Ecommerce Guide Damageproof Packaging for Global Shipping

How can cross-border e-commerce sellers reduce the damage rate of goods in international express delivery? This article provides a detailed packaging and damage prevention guide, covering basic principles, category-specific techniques, final checks, and lightweight packaging. It aims to help sellers improve the logistics experience, reduce after-sales costs, and achieve explosive sales without explosive problems. The guide offers practical tips to minimize breakage during transit, ensuring customer satisfaction and protecting profit margins by optimizing packaging methods.

New Russia Export Rules for Readytoeat Foods Explained

New Russia Export Rules for Readytoeat Foods Explained

Russia is implementing new regulations for ready-to-eat food, imposing stricter requirements on product identification, packaging labeling, and microbiological contamination control. This guideline is expected to become mandatory contractual terms starting in 2026. Cross-border e-commerce sellers need to pay close attention to ensure their products comply with Russian standards to avoid export obstacles. Compliance with these new regulations is crucial for maintaining access to the Russian market and preventing potential disruptions to supply chains.

Amazon Sellers How to Pick a Freight Forwarder Wisely

Amazon Sellers How to Pick a Freight Forwarder Wisely

How can Amazon sellers choose a reliable FBA freight forwarder? This article delves into the service content and cost structure of FBA freight forwarders, providing key factors and a guide to avoid pitfalls when selecting a forwarder. It aims to help you find a cost-effective partner, reduce logistics costs, and improve operational efficiency. Learn how to navigate the complexities of FBA shipping and optimize your supply chain for success in the competitive cross-border e-commerce landscape.

01/26/2026 Logistics
Read More
Air Freight Costs Surge Threatening Higher Online Prices

Air Freight Costs Surge Threatening Higher Online Prices

International air freight rates have surged due to a combination of factors including booming cross-border e-commerce demand, the ongoing impact of the pandemic, and consumer spending downgrades in Europe and the US. Freight rates on routes from China to Europe and the US have increased by as much as 50%. This round of price hikes may affect the overseas shopping experience, and consumers should pay attention to market trends and make rational purchasing decisions.

01/26/2026 Logistics
Read More