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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Long-man Europe Freight Train: Connecting Asia and Europe, Driving New Trade Opportunities

Long-man Europe Freight Train: Connecting Asia and Europe, Driving New Trade Opportunities

Since its launch in August last year, the Changman Europe international freight train has been in operation for over 100 days, completing multiple round trips, covering a total distance of 160,000 kilometers, with a cargo value exceeding 35 million euros. The recent arrival of trains from Germany marks its smooth operation, and is expected to enhance transport efficiency and attract a wider customer base.

03/10/2023 Logistics
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Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

The global shipping industry is facing severe challenges, with China's international shipping market impacted by economic fluctuations leading to reduced exports of manufactured goods and imports of resources. The depreciation of the yuan has not significantly boosted exports, and there is a serious oversupply of vessels amid low market demand, particularly affecting dry bulk and container shipping. Although the oil tanker manufacturing sector has shifted towards energy-efficient ships, it faces competitive pressures due to fuel price volatility. The winter for global shipping extends beyond China, necessitating urgent industry and market structural adjustments.

07/21/2025 Logistics Industry Insights
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Exploring the Nature of Contracts Between Freight Forwarders and Shippers in International Trade

Exploring the Nature of Contracts Between Freight Forwarders and Shippers in International Trade

This case study explores the complexities of the contractual nature between freight forwarders and shippers. With the development of international cargo transportation, maritime freight forwarders can act as either agents or carriers, leading to disputes regarding legal relationships. The crux lies in whether both parties negotiated freight for the entire transport; if the agent's role is not explicitly defined, they may be regarded as the carrier. The findings indicate that specific expressions of intent and the classification of cost types are crucial in determining the nature of the legal relationship.

07/28/2025 Logistics
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Common HS Declaration Errors and How to Avoid Them for Efficient Trade Compliance

Common HS Declaration Errors and How to Avoid Them for Efficient Trade Compliance

This article analyzes five common errors in the HS declaration process, including incomplete declaration elements, ambiguous descriptions of function and use, and non-standard language. These errors can lead to rejection of declarations and may affect the entire customs clearance process. Through clear example analysis, this article aims to help practitioners improve the accuracy and professionalism of their declarations.

07/28/2025 Customs Knowledge
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The Future of Logistics in Africa Addressing Challenges and Innovating Development

The Future of Logistics in Africa Addressing Challenges and Innovating Development

The African logistics industry demonstrates remarkable resilience and growth potential in the face of global economic challenges. With increased demand for African goods, enhanced investments in port infrastructure, and the adoption of digital technologies, Africa's position in global maritime trade is steadily rising. Looking ahead, Africa is expected to become a significant pillar of global trade.

07/23/2025 Logistics Industry Insights
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Key Advantages And Future Trends Of Maritime Cargo Transport

Key Advantages And Future Trends Of Maritime Cargo Transport

Maritime cargo transport, as the backbone of global trade, accounts for over 90% of international trade activities. Through efficient container transportation, this model enables seamless connectivity between different modes of transport while demonstrating significant advantages in cost and capacity. In the future, advancements in electric and automated technologies will further drive sustainable changes in this sector.

07/23/2025 Logistics
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Port Of Los Angeles The Busiest Container Port In The United States And Its Global Impact

Port Of Los Angeles The Busiest Container Port In The United States And Its Global Impact

The Port of Los Angeles is the busiest container port in the United States, located in California. It connects with major global trade partners and handles approximately $1.2 billion worth of goods daily. The port's modern facilities support nearly 900,000 jobs and are closely linked to exports and products like recycled paper, underscoring its pivotal role in international trade.

07/24/2025 Port Encyclopedia
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Seattle Port Overview and Importance of International Freight Rate Inquiry

Seattle Port Overview and Importance of International Freight Rate Inquiry

The Port of Seattle is a crucial hub for international trade, with its infrastructure and operational efficiency significantly affecting shipping. The port's monitoring systems ensure smooth operations, while Terminal 91 offers various water transportation services. Therefore, inquiring about shipping fees is essential for businesses to obtain suitable quotes, which in turn promotes the growth of international trade.

07/18/2025 Port Encyclopedia
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