New Incoterms Guide Aids Global Trade Efficiency

New Incoterms Guide Aids Global Trade Efficiency

The Incoterms® rules are a set of global standards published by the International Chamber of Commerce, covering 11 essential trade terms. Since their inception in 1936, with the latest version released in 2020, these rules clarify the responsibilities and risks of sellers and buyers in the delivery of goods in international trade. They help prevent misunderstandings and reduce transaction costs. Understanding these rules is crucial for the success of every trader.

08/05/2025 Logistics Encyclopedia
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Strengthening Supply Chains for Fresh Produce in the Beijingtianjinhebei Region

Strengthening Supply Chains for Fresh Produce in the Beijingtianjinhebei Region

The Beijing-Tianjin-Hebei region has signed a mutual assistance framework agreement to enhance the supply security of essential goods like vegetables. This initiative strengthens market collaboration and emergency support mechanisms. Additionally, it aims to establish a 'one-hour fresh produce logistics circle' around Beijing to facilitate the sales of agricultural products, such as vegetables, into the city. This strategy promotes mutual benefits and ensures the stable operation of the consumer market for citizens.

07/28/2025 Logistics
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E-Commerce Boom Highlights Logistics Risks for Online Shoppers

E-Commerce Boom Highlights Logistics Risks for Online Shoppers

How should consumers protect their rights when their goods are damaged during the logistics process? Through case analysis, we explored compensation issues and channels for protecting rights encountered during return logistics. It is advisable for consumers to use insurance services and promptly contact the logistics company in the event of damage to ensure reasonable compensation. If necessary, they can seek evaluation from professional agencies or pursue legal avenues to safeguard their rights.

07/28/2025 Logistics Encyclopedia
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Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
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US and EU Implement 15 Tariff Agreement

US and EU Implement 15 Tariff Agreement

The United States and the European Union have reached an important trade agreement, imposing a 15% tariff on EU goods entering the U.S. The EU has committed to purchasing $750 billion in U.S. energy and increasing its investments by $600 billion. Trump emphasized that this agreement will boost the development of the U.S. automotive and agricultural sectors. While the EU considers this the best possible outcome, public opinion has raised concerns about its implications.

07/28/2025 Logistics
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Guide to Barium Chloride LCL Exports Via Keelung

Guide to Barium Chloride LCL Exports Via Keelung

This document details the operational procedures and precautions for LCL ocean export of Barium Chloride to Keelung. It covers key aspects such as booking preparation, warehousing operations, customs declaration documents, container loading & ocean freight, and Bill of Lading requirements. This aims to provide a practical guide for relevant practitioners, ensuring the safe and timely arrival of goods. The guide emphasizes adherence to regulations and best practices for a smooth and compliant export process.

08/08/2024 Logistics Encyclopedia
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Guide to Lithium Battery LCL Shipping for Brisbane Importers

Guide to Lithium Battery LCL Shipping for Brisbane Importers

This article details the key considerations for LCL sea freight export of lithium batteries to Brisbane, covering essential steps like pre-export preparation, cargo warehousing, customs declaration and inspection, and bill of lading confirmation. It aims to help exporters avoid common pitfalls, ensure smooth customs clearance, and guarantee the safe and timely delivery of goods to their destination. The guide provides practical advice to navigate the complexities of lithium battery export regulations and logistics.

11/28/2024 Logistics Encyclopedia
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Customs Brokerage Services Streamline Global Trade Exports

Customs Brokerage Services Streamline Global Trade Exports

Tired of complicated customs clearance and inspection procedures? We offer one-stop import and export services, from commodity classification to document preparation, advance payment of tariffs to handling various certificates, helping your goods clear customs easily and reach the world. Our professional team, efficient service, and transparent pricing allow you to focus on your core business and achieve greater commercial value. Let us handle the complexities of international trade so you can focus on growth.

08/21/2025 Customs Knowledge
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Nantongbangkok Land Route Boosts Cargo Safety Efficiency

Nantongbangkok Land Route Boosts Cargo Safety Efficiency

Struggling with cross-border logistics from Nantong to Bangkok? Choose our dedicated land transportation line, offering full truckload (FTL) services with DDP (Delivered Duty Paid) terms. We provide pickup throughout China and time-definite delivery. Shanghai Audenvis International Freight Forwarding Co., Ltd. boasts a professional team you can trust, ensuring your goods arrive safely, quickly, and conveniently at their destination. Let us handle your China-Thailand shipping needs with efficiency and reliability.

08/21/2025 Logistics
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China Streamlines Temporary Trade Clearance with Security Deposits

China Streamlines Temporary Trade Clearance with Security Deposits

This document outlines the key points for preparing a confirmation application for bonded goods under temporary import/export regulations. It covers clarifying the purpose of the application, accurately completing the application form, and preparing the necessary supporting documents. A downloadable application form template is provided, along with recommendations for related customs clearance and inspection services. This aims to simplify the application process for businesses involved in temporary import/export activities requiring surety bonds.

08/21/2025 Customs Knowledge
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