Flexport Data Reveals Global Shipping Delays

Flexport Data Reveals Global Shipping Delays

The Flexport Ocean Timeliness Indicator (OTI) is a crucial tool for measuring global ocean freight stress. It tracks containers from factory to destination port, providing weekly data for Transpacific and Far East routes. By analyzing the OTI and its First Mile Index, businesses can understand current ocean shipping conditions, forecast future trends, optimize supply chain strategies, and improve decision-making efficiency. The OTI offers valuable insights into the complexities of ocean freight, enabling proactive responses to potential disruptions and enhancing overall supply chain resilience.

11/03/2025 Logistics Industry Insights
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Essential Factors for Accurate HS Code Classification in International Trade

Essential Factors for Accurate HS Code Classification in International Trade

This article provides a detailed analysis of the factors involved in classifying goods using HS codes in international trade, including product types, materials, and composition percentages. It offers specific examples on how to accurately classify products, helping businesses to mitigate risks during the declaration process and ensure compliance with relevant regulations. Mastering these elements is key to enhancing trade efficiency.

07/28/2025 Customs Knowledge
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Dangerous Goods Booking Guide for Shanghai Port: Preparation and Optimal Timing

Dangerous Goods Booking Guide for Shanghai Port: Preparation and Optimal Timing

This article discusses the necessary preparations and optimal timing for booking dangerous goods shipments at Shanghai Port. Required documents include the booking letter, English MSDS, dangerous goods declaration certificate, and DG application form. It is recommended to book at least 10 days in advance; however, due to the global shipping situation, booking 15 to 20 days ahead is preferable to ensure smooth delivery.

07/18/2025 Logistics Encyclopedia
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Overview of Railway Freight Transportation Procedures

Overview of Railway Freight Transportation Procedures

The operational process of railway freight transportation includes steps such as order submission, waybill completion, payment of transportation fees, and receipt of certificates. During transportation, the carrier is responsible for managing the transportation contract and handling any obstacles. The process also involves declaration planning, goods application, vehicle requests, loading, and transport, ensuring that goods are delivered safely and efficiently to their destination.

07/17/2025 Logistics Encyclopedia
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Businesses Face Challenges in Dualuse Import Compliance

Businesses Face Challenges in Dualuse Import Compliance

This paper focuses on import licenses for dual-use items, emphasizing their importance for compliant customs clearance. It details the key steps to obtain a license, including clarifying the scope of control, preparing application materials, communicating with approval authorities, and selecting a professional customs broker. The aim is to help companies complete the import of dual-use items more efficiently and compliantly. The process involves understanding regulations, preparing necessary documentation, and effective communication to ensure a smooth and legal import process.

08/21/2025 Document Interpretation
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Freight Forwarders Guide to Multishipper Singleconsignee Hbls

Freight Forwarders Guide to Multishipper Singleconsignee Hbls

This article focuses on the common scenario in freight forwarding practice where multiple shippers share the same consignee. It details the operational key points of the House Bill of Lading (HBL) in such situations. The importance of communication with clients and agents is emphasized. Furthermore, the article provides practical advice on avoiding customs clearance risks, assisting freight forwarding professionals in efficiently handling these specific cases. The aim is to improve operational efficiency and minimize potential issues related to customs procedures.

08/21/2025 Document Interpretation
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Shanghai Port Enhances Container Shipping Efficiency

Shanghai Port Enhances Container Shipping Efficiency

This article provides a detailed analysis of Shanghai Port's shipping container operation process, comparing it with Shenzhen Port. It elaborates on key aspects such as container entry and customs clearance time. Through specific case studies, it offers practical operational guidance and risk control advice for freight forwarding companies and foreign trade businesses, aiming to improve freight efficiency and reduce operating costs. The analysis focuses on streamlining processes and minimizing delays related to customs and container handling within the Shanghai port environment.

08/23/2025 Logistics Encyclopedia
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