Ocean Freight Industry Grapples With Detention Demurrage Costs

Ocean Freight Industry Grapples With Detention Demurrage Costs

In ocean freight exports, detention and demurrage charges are common additional expenses. This article analyzes the difference between these two fees: detention charges apply to exceeding the container's free use period, while demurrage charges apply to exceeding the cargo's free storage period at the terminal. Understanding their respective free time allowances and charging standards can help foreign trade companies effectively control logistics costs. Knowing how these fees are calculated and when they apply is crucial for minimizing unexpected expenses and optimizing supply chain efficiency.

08/22/2025 物流知识百科
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Freight Forwarding Experts Address Customs and LCL Challenges

Freight Forwarding Experts Address Customs and LCL Challenges

Freight forwarding expert VICTOR addresses practical challenges in freight forwarding, such as LCL tax refunds, manifest modifications, and overbooking/cargo rejection. He emphasizes the importance of customs declaration number allocation and provides professional advice on customs transit, demurrage charges, and invoice issuance to help freight forwarding companies mitigate risks. The discussion covers various aspects of LCL operations and offers solutions to common issues encountered in the industry.

08/22/2025 物流知识百科
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Global Freight Forwarding Faces Container Shortages Carrier Challenges

Global Freight Forwarding Faces Container Shortages Carrier Challenges

This article addresses common issues faced by freight forwarding professionals, including variations in destination port services, SITC container shortages, and selecting the right shipping company. It aims to help readers avoid common pitfalls and streamline their freight forwarding and consolidation processes. The guide provides insights to navigate challenges and make informed decisions, ultimately saving time and resources in the long run.

08/22/2025 物流知识百科
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Freight Forwarding Challenges Container Handling and Compliance Risks

Freight Forwarding Challenges Container Handling and Compliance Risks

This article focuses on common challenges in freight forwarding practice, including flat rack container gate-in plans, dangerous goods declaration, urgent customs clearance processing, and consignee tax ID issues. It proposes targeted solutions and precautions to help freight forwarding practitioners avoid risks and improve work efficiency. The aim is to provide practical guidance for navigating these complex areas and ensuring smooth and compliant export operations.

08/22/2025 物流知识百科
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Freight Forwarders Grapple With Complex Port Code Systems

Freight Forwarders Grapple With Complex Port Code Systems

This article delves into the intricate relationship between destination ports and transit port codes in freight forwarding. It emphasizes that transit port codes are not always one-to-one and provides practical advice to ensure code accuracy. Freight forwarders are advised to rely on equipment orders or freight forwarder confirmations to avoid cargo delays or losses caused by incorrect codes. Always verify the code against official documentation and communicate with the destination agent to confirm accuracy. Ignoring this can lead to significant financial repercussions.

08/22/2025 港口百科
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Freight Forwarders Urged to Master Customs Clearance Deadlines

Freight Forwarders Urged to Master Customs Clearance Deadlines

The customs clearance cut-off time isn't a single, publicly available time. Multiple points exist, including the port cut-off time and the shipping company's internal cut-off time. Careful planning, confirmation with multiple parties, attention to inspection status, and experience accumulation are crucial to avoid missing the cut-off and minimizing unnecessary losses. It's essential to understand these nuances and proactively manage the customs clearance process to ensure smooth export operations and prevent costly delays.

08/22/2025 关务常识
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Freight Forwarders Face New Customs Rules Detention Fees

Freight Forwarders Face New Customs Rules Detention Fees

This article focuses on common operational issues in freight forwarding, including Bill of Lading pre-allocation, customs declaration amendment, and demurrage. It provides detailed operational guidance and precautions to help freight forwarders avoid common mistakes, improve work efficiency, and reduce operating costs. The aim is to offer practical solutions for daily tasks and minimize potential financial losses associated with these frequently encountered challenges.

08/22/2025 物流知识百科
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Guangdongs Ecommerce Policies Boost Crossborder Seller Opportunities

Guangdongs Ecommerce Policies Boost Crossborder Seller Opportunities

Recently, Guangdong Province launched several policies to support cross-border e-commerce. These initiatives include eliminating the registration requirement for overseas warehouse companies, simplifying document declarations, enhancing the efficiency of LCL shipments, and promoting returns across regions, making it easier and more efficient for cross-border e-commerce sellers to conduct their business.

08/04/2025 物流资讯
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Bank of Africa SWIFT Code Eases Crossborder Remittances

Bank of Africa SWIFT Code Eases Crossborder Remittances

This article provides a detailed overview of how to make secure cross-border remittances between banks, with a focus on the use and significance of BANK OF AFRICA's SWIFT/BIC code BMCEMAMC COR. It discusses key elements such as remittance fees and processes, offering users a practical guide for cross-border remittance.

08/11/2025 国际结算
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