Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Global Ocean Freight Costs Driven by Weight Volume and Value

Global Ocean Freight Costs Driven by Weight Volume and Value

This article provides a detailed analysis of various ocean freight billing methods in international shipping, including those based on weight, volume, and value. By comparing the applicable scenarios of different billing methods, it helps readers understand ocean freight calculation rules, thereby optimizing transportation plans and controlling trade costs. The paper aims to clarify the intricacies of ocean freight pricing and empower businesses to make informed decisions regarding their international shipping strategies, ultimately leading to cost-effective and efficient supply chain management.

09/26/2025 Logistics Encyclopedia
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Guide to US Inland Point Intermodal Shipping for Freight Forwarders

Guide to US Inland Point Intermodal Shipping for Freight Forwarders

This article provides an in-depth analysis of US ocean freight IPI (Inland Point Intermodal), explaining its definition, characteristics, differences from other modes of transport, operational practices, and future development trends. It aims to help freight forwarding companies better understand IPI, optimize US shipping solutions, mitigate risks, and enhance competitiveness. The paper explores the nuances of IPI, highlighting its role in efficient and cost-effective inland transportation from US ports, crucial for businesses engaged in international trade.

09/26/2025 Logistics Encyclopedia
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Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

This article provides a clear explanation of COV (Change of Vessel Fee) in ocean freight forwarding, covering its meaning, causes, and charging standards. It highlights the context in which COV fees arise and advises clients on what to consider when facing this charge. The aim is to help shippers better understand and manage various costs encountered during the ocean freight process. By understanding the reasons behind COV, shippers can better negotiate and plan their shipments, potentially mitigating unexpected expenses.

09/26/2025 Logistics Encyclopedia
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Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.

09/26/2025 Logistics Encyclopedia
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Guide to Freight Shipping FTL LTL and Parcel Options Explained

Guide to Freight Shipping FTL LTL and Parcel Options Explained

The choice of logistics distribution methods directly impacts efficiency and cost. This article analyzes the characteristics and applicable scenarios of three main modes: Full Truckload (FTL), Less-than-Truckload (LTL), and parcel shipping. It aims to help businesses select the optimal solution based on their specific needs, achieving efficient and economical logistics distribution. Understanding the differences between FTL, LTL, and parcel services is crucial for optimizing transportation strategies within the supply chain and minimizing overall expenses.

09/28/2025 Warehousing
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FTL Vs LTL How to Choose the Right Freight Mode

FTL Vs LTL How to Choose the Right Freight Mode

This paper provides an in-depth analysis of Full Truckload (FTL) and Less-than-Truckload (LTL) trucking modes, comparing their definitions, characteristics, advantages, disadvantages, and applicable scenarios. The aim is to assist businesses in making informed logistics decisions based on factors such as cargo volume, timeliness, and cost, thereby optimizing supply chain management and improving overall operational efficiency. It helps companies choose the right transportation mode for their specific needs.

09/28/2025 Logistics Encyclopedia
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Carmack Amendment Key Insights on Carrier Liability and Freight Claims

Carmack Amendment Key Insights on Carrier Liability and Freight Claims

The Carmack Amendment is the cornerstone of US law governing freight carrier liability. This article provides an in-depth analysis of the Amendment, clarifying the scope of carrier liability, liability apportionment mechanisms, limitations and exemptions, and key aspects such as civil litigation and claim statutes of limitations. It also discusses special provisions for household goods transportation and future amendments and reforms. The aim is to help shippers and carriers better understand and apply the Amendment, safeguarding their respective rights.

09/28/2025 Logistics Encyclopedia
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The New Chapter of China-europe Railway Express: The International Freight Reform of Zhengzhou Railway

The New Chapter of China-europe Railway Express: The International Freight Reform of Zhengzhou Railway

The Zhengzhou railroad's Zhengou freight train has recently been renamed the China-Europe freight train, marking a significant reform in China's international freight sector by integrating resources and enhancing brand image. The new brand launch is expected to increase the frequency and efficiency of train operations, with a goal of achieving three outbound services per week. The China-Europe freight train will cover a broader economic area, promote regional industrial clustering, and strengthen connections with international markets, contributing to the Belt and Road Initiative.

07/21/2025 Logistics
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Hidden Costs in 40HQ Container Shipping for Light Cargo Revealed

Hidden Costs in 40HQ Container Shipping for Light Cargo Revealed

This paper analyzes a real-world case from a freight forwarding forum, revealing potential pitfalls in 40HQ low-weight freight rates. It reminds shippers to fully understand market conditions, carefully calculate all costs, and choose reputable and transparent freight forwarders in container transportation. By highlighting hidden fees and opaque pricing practices, the study aims to empower shippers to make informed decisions and avoid unexpected expenses during the shipping process. Understanding the nuances of freight pricing is crucial for cost-effective and reliable container shipping.

08/23/2025 Logistics Encyclopedia
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