Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

Guide to Bills of Lading and Risk Mitigation in Global Trade

Guide to Bills of Lading and Risk Mitigation in Global Trade

This article analyzes the types of Bill of Lading consignees, highlighting their advantages and disadvantages. It emphasizes key considerations for trading with high-risk countries and addresses frequently asked questions. The aim is to help foreign traders protect their rights and interests by providing insights into managing Bill of Lading risks, ensuring cargo ownership control, and navigating foreign trade customs clearance procedures effectively. This guide offers practical advice for mitigating potential issues and safeguarding transactions in international trade.

US and Japan Strike 550B Trade Deal to Boost Economic Ties

US and Japan Strike 550B Trade Deal to Boost Economic Ties

The Trump administration announced a trade deal with Japan, featuring a 15% US tariff on Japanese imports and Japan's commitment to $550 billion in US investments. The agreement aims to balance trade relations, promote job growth, and reshape the US-Japan economic relationship. Japanese stock markets reacted positively, but the long-term impact of the agreement remains to be seen. This deal is expected to influence future trade negotiations and potentially impact global supply chains. Further analysis is needed to fully understand the implications.

Wan Quan Era Logistics Boosts Trade Efficiency in Xiamen and Fuzhou

Wan Quan Era Logistics Boosts Trade Efficiency in Xiamen and Fuzhou

Xiamen WanQuan Times Logistics Co., Ltd., backed by the robust resources of WanQuan Logistics, specializes in FCL shipping, with a particular expertise in dangerous goods transportation. Leveraging its advantageous geographical locations in Xiamen and Fuzhou, the company provides professional import and export logistics services for Southeast Asia, Europe-Mediterranean, and North America routes. We are your trustworthy international logistics partner, committed to delivering reliable and efficient solutions for your global shipping needs. Our focus on safety and compliance ensures the secure and timely delivery of your cargo.

01/15/2026 Logistics
Read More
Global Trade Guide HS Code Chapter 15 for Fats and Oils

Global Trade Guide HS Code Chapter 15 for Fats and Oils

This paper provides an in-depth interpretation of Chapter 15 of the Harmonized System (HS) code, detailing the classification standards and import/export regulations for animal, vegetable, and microbial fats and oils. It covers the specific categorization of products such as lard, tallow, fish oil, vegetable oil, margarine, and various waxes. The aim is to assist related businesses in compliant operation and understanding market trends within the international trade of fats and oils.

WCO and ICAO Enhance Air Cargo Security to Support Global Trade

WCO and ICAO Enhance Air Cargo Security to Support Global Trade

The World Customs Organization (WCO) and the International Civil Aviation Organization (ICAO) have jointly released new regulations to strengthen air cargo security and facilitate trade. Through the 'Joint Guiding Principles on Pre-Loading Advance Cargo Information' and the 'Joint Guidance on the Coordination of Customs Authorized Economic Operator and Aviation Security Regulated Agent/Known Consignor Programmes', the initiative aims to improve risk assessment and program coordination. This collaborative effort seeks to build a safer and more efficient global air cargo supply chain.

Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

The China-Arab Economic and Trade Cooperation Demonstration Park and the CAEXPO Excellent Products Exhibition and Sales Center of Nanning International Convention and Exhibition Center signed a strategic cooperation agreement. This aims to deepen economic and trade linkages between China and Arab countries, as well as China and ASEAN, exploring mutually beneficial cross-border cooperation paths. Both parties will establish a cross-regional economic and trade collaboration hub between China-Arab countries and ASEAN through resource sharing, channel interconnection, and product promotion. This will help enterprises expand into international markets and promote regional economic development.

17TRACK Enhances Global Ecommerce with Logistics Tracking

17TRACK Enhances Global Ecommerce with Logistics Tracking

17TRACK is a global logistics tracking platform renowned for its high accuracy (up to 99.9%), user-friendly experience, and excellent customer service. The platform supports tracking for global postal services, international express couriers, and cross-border e-commerce logistics. It offers features like automatic tracking and batch query, empowering cross-border e-commerce businesses and connecting global trade. It provides comprehensive tracking solutions for businesses and individuals, making package monitoring efficient and reliable.

01/07/2026 Logistics
Read More