TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

TACT Manual Remains Vital for Global Air Cargo Industry Amid E-Commerce Boom

This article presents the important air freight rate manual TACT (The Air Cargo Tariff), first published in 1975 and currently co-published by several airlines. TACT is divided into three main parts and includes all rules and detailed rate information for international transport. Understanding how to use TACT enables transportation professionals to obtain precise quotes, thereby enhancing decision-making efficiency and market competitiveness.

Air Freight Pricing: Decoding Weight and Volumetric Costs

Air Freight Pricing: Decoding Weight and Volumetric Costs

In air freight quotations, the symbol '+' indicates that the weight exceeds a specific value, typically displayed in kilograms, such as '100+' meaning over 100 kilograms. Air shipments are classified as heavy cargo or dimensional cargo, with heavy cargo charged by weight and dimensional cargo based on volume and actual weight. Understanding this information is crucial for effectively managing logistics costs.

Freight Forwarders Adopt New Strategies to Secure Timely Payments

Freight Forwarders Adopt New Strategies to Secure Timely Payments

In the competitive transportation market, freight forwarders need to pay attention to the risks of prepaid freight clauses, the rights of bill of lading holders, and the identity of the actual freight payers when collecting freight charges. By establishing reasonable contractual agreements and selecting reputable charterers, freight forwarders can effectively protect their interests, ensure timely collection of freight, and reduce economic risks.

Key Factors in Choosing a Reliable Freight Forwarder for Global Trade

Key Factors in Choosing a Reliable Freight Forwarder for Global Trade

Selecting the right freight forwarding company is crucial in foreign trade. It is important to consider both price and service, avoiding a focus solely on price at the expense of quality service. During shipment, pay attention to restrictions on liquid and powder goods and the packaging of fragile items. Understanding the volumetric calculations for air freight and express delivery is also essential to avoid unnecessary losses. By carefully choosing a freight forwarder, you can ensure the safety and timely arrival of goods. These tips aim to assist foreign trade professionals in achieving smoother logistics arrangements.

Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

Air Freight's '+' Symbol Key to Tiered Pricing, Cost Savings

This article explains the meaning of the "+" symbol in air freight quotes, primarily used to indicate the weight limit in kilograms. For example, "100+" signifies over 100 kilograms. It provides a detailed analysis of tiered pricing for air freight, the distinction between heavy cargo and volumetric cargo, and specific methods for calculating costs, helping readers better understand air freight expenses.

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

Maritime Shipping Risks Demand Robust Safety Measures

Maritime Shipping Risks Demand Robust Safety Measures

Maritime cargo transportation faces various risks, including natural disasters and accidents. Natural threats like severe weather, lightning, tsunamis, earthquakes, floods, and volcanic eruptions are unpredictable. Accidents such as grounding, collisions, fires, and crew negligence can also lead to cargo loss. Therefore, understanding these risks and obtaining appropriate insurance is crucial.

Marine Cargo Insurance Shields Global Trade from Rising Risks

Marine Cargo Insurance Shields Global Trade from Rising Risks

Understanding potential risks in maritime cargo transport is crucial for insurance procurement. These risks include natural disasters from the shipping process, such as severe weather, tsunamis, and earthquakes, as well as accidental events like grounding and collisions. Such risks can lead to cargo losses, making appropriate insurance essential for ensuring safety during transportation. This article provides a detailed analysis of this topic.

Commercial Invoices: The Trust Foundation of Global Trade

Commercial Invoices: The Trust Foundation of Global Trade

A commercial invoice is an essential document issued by the seller to the buyer, detailing information about the goods involved in the transaction. This document allows the seller to collect payment. It is widely used in international trade for purposes such as payment reference, customs documentation, and applying for export licenses, making it an indispensable part of trade transactions.

Freight Industry Updates Key Terms Amid New Safety Regulations

Freight Industry Updates Key Terms Amid New Safety Regulations

This article explains common terms in freight forwarding logistics, such as 'single release,' 'single drag,' 'double drag,' and 'shared container,' along with the reasons behind new regulations. The new policy encourages the use of 'single release' for small containers exceeding 10 tons to address strict overload supervision and ensure transport safety. Understanding these terms facilitates better communication and operations within freight forwarding logistics.