The concepts of free storage period and free container period are crucial in shipping. The free storage period refers to the timeframe during which containers can be stored at the terminal or yard without charge, while the free container period is the duration that the cargo owner can use the container for free. For imports, the common total of free storage and free container periods is 14 days, while for exports, it is usually 7 days.
Domestic waterway and railway cargo transportation insurance primarily ensures the safety of goods during transit. This insurance is categorized into basic and comprehensive coverage, addressing responsibilities related to natural disasters, transportation accidents, loading and unloading issues, and cargo damage. The insured amount is typically calculated based on the value of the goods.
This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.
Facing the 'new normal' in the business world, companies must view change as an opportunity, not a threat. This article interprets the white paper 'Five New Principles of Transformative Change,' extracting five key principles: defining a clear vision, establishing leadership, building a culture, empowering employees, and continuous evaluation. Through case studies and CEO perspectives, it illustrates how companies can embrace change and remain competitive in the future.
Flexport offers warehousing and transshipment services for Amazon sellers, enabling them to temporarily store goods in Flexport warehouses and transfer them to FBA in batches based on sales performance. This reduces warehousing costs and the risk of slow-moving inventory, allowing for flexible adaptation to market changes. Storage fees are calculated per pallet per week, making it suitable for short-term transshipment. For long-term storage needs, sellers can consult with a dedicated team.
This article delves into the three commonly used Incoterms in international sea freight: FOB, CIF, and DDP. It provides a detailed comparison of their differences in terms of responsibility allocation, risk transfer, and control. The article also offers avoidance suggestions for each Incoterm's specific risk points. Furthermore, based on different trade scenarios, it provides practical guidance for readers to choose the appropriate Incoterms. The aim is to help companies reduce costs, mitigate risks, and achieve mutually beneficial outcomes in international trade.
This article explores the challenges and opportunities faced by the fast-moving consumer goods industry in the current market. It focuses on how to meet the evolving needs of consumers by optimizing both online and offline supply chains, improving operational efficiency, and emphasizing sustainable development, ultimately aiming for business growth.
Warehouse slot planning is crucial for enhancing operational efficiency and optimizing space utilization. By strategically configuring products, it reduces workers' walking distances, lowers operational costs, and improves picking accuracy and overall business process efficiency. This article discusses the importance of slot planning, specific implementation steps, and strategies, which hold significant value for enhancing warehouse productivity.
On October 22, 2024, the Global Fashion Agenda hosted an online masterclass focused on how logistics can contribute to the sustainable development of the fashion industry. The event featured insights on using logistics to reduce carbon emissions, based on a collaboratively released report titled "Reverse Logistics in Circular Fashion Systems: Exploring Untapped Potential." The conference aimed to provide actionable guidance and tools for the industry to advance towards net-zero goals.
Less than Container Load (LCL) shipping is a transportation method suitable for small shipments, where goods from different shippers are consolidated in a single container. This approach not only reduces shipping costs but also offers significant flexibility to quickly adapt to market demands. Additionally, LCL shipping has a smaller environmental impact, making it an economical and eco-friendly transportation option.
