Global Ocean Freight Costs Driven by Weight Volume and Value

Global Ocean Freight Costs Driven by Weight Volume and Value

This article provides a detailed analysis of various ocean freight billing methods in international shipping, including those based on weight, volume, and value. By comparing the applicable scenarios of different billing methods, it helps readers understand ocean freight calculation rules, thereby optimizing transportation plans and controlling trade costs. The paper aims to clarify the intricacies of ocean freight pricing and empower businesses to make informed decisions regarding their international shipping strategies, ultimately leading to cost-effective and efficient supply chain management.

FMCG Firms Balance Costs and Value in Sustainable Supply Chains

FMCG Firms Balance Costs and Value in Sustainable Supply Chains

FMCG companies need to balance supply chain sustainability with cost reduction. Consumer and employee expectations significantly influence ESG strategies. Supplier collaboration, standardization, and transparency are crucial for achieving both sustainability goals and operational efficiency. Focusing on these areas allows FMCG businesses to meet increasing demands for ethical and environmentally responsible practices while maintaining competitive pricing and a resilient supply chain.

Essential Export Customs Tips How to Handle Legal and Nonlegal Inspection Goods

Essential Export Customs Tips How to Handle Legal and Nonlegal Inspection Goods

Understanding the customs declaration process for legal and illegal inspection goods is crucial for successful export. Legal inspection goods can be declared alongside illegal inspection goods on the same customs declaration form, but must adhere to quantity limits and ordering requirements. Each legal inspection item must not exceed five items and should be listed first. Obtaining a clearance document before declaration is essential to ensure smooth customs clearance.

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Free Detention is a period in international shipping during which the cargo owner can use the container without charge, typically lasting for 7 days. Exceeding this period incurs detention fees. Understanding Free Detention and the methods for applying for extensions is crucial for cargo owners to effectively manage transportation costs. The collection of detention fees aims to enhance the utilization of containers and prevent cargo owners from monopolizing them.

Shanghai Port Clarifies Cargo Weight Declaration Rules

Shanghai Port Clarifies Cargo Weight Declaration Rules

This article analyzes the tolerance for gross weight declaration errors when cargo enters Shanghai Port. Theoretically, the declared gross weight and the entry data should match. In practice, the tolerance for air freight is approximately 5%, while for sea freight it's about 10%. The article emphasizes that data accuracy is crucial for minimizing risks and ensuring smooth customs clearance. Accurate gross weight declaration contributes to efficient port operations and reduces potential delays or penalties associated with discrepancies.