INCOTERMS 2010 Guide Clarifies Key International Trade Terms

INCOTERMS 2010 Guide Clarifies Key International Trade Terms

This article provides an in-depth analysis of DAP (Delivered at Place) within international trade terminology, clarifying the responsibilities and costs for both parties during the transportation process. According to INCOTERMS 2010, DAP requires the seller to transport the goods to a destination specified by the buyer while covering related costs, excluding import duties. Additionally, the article discusses the evolution of this term and compares it to previous terminologies, aiding readers in understanding the current regulations governing international trade.

07/28/2025 Logistics Encyclopedia
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West Bank Imposes New Tariffs on Knitted Apparel Exports

West Bank Imposes New Tariffs on Knitted Apparel Exports

The West Bank has adjusted export tariffs on textiles, imposing duties on knitted or crocheted apparel, impacting businesses' export costs. To address these challenges, companies should optimize product structures, explore diversified markets, strengthen cost control, and seek policy support. These measures are crucial for achieving transformation, upgrading, and high-quality development in the face of the changing trade landscape. Businesses must adapt to maintain competitiveness and ensure sustainable growth despite the increased export costs associated with the new tariffs.

09/26/2025 Customs Knowledge
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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.

09/26/2025 Logistics Encyclopedia
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Maersk Adjusts Asia Import Surcharge for Thai Ports

Maersk Adjusts Asia Import Surcharge for Thai Ports

Maersk announced an adjustment to the Equipment Positioning Origin Import (POI) surcharge for intra-Asia imports to Sahathai and TCT terminals, effective May 14, 2021. This surcharge applies to containers exceeding road transport weight limits and opting for barge transportation. Maersk advises customers to accurately calculate cargo weight, plan transportation strategies effectively, and communicate in advance to optimize transportation costs. This adjustment aims to manage equipment repositioning costs associated with heavier cargo requiring barge services within the region.

09/28/2025 Logistics
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Intelligent Solutions For Ensuring Safe Transportation Of Perishable Goods

Intelligent Solutions For Ensuring Safe Transportation Of Perishable Goods

When transporting perishable goods, environmental changes can damage the cargo. With a remote monitoring system, users can track the status of the cargo in real-time from loading to final delivery, ensuring transparency and safety during transport. This solution enhances the efficiency of logistics management and maximizes the safety and reliability of the goods.

11/30/-0001 Logistics
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Qua Iboe Port Nigerias Maritime Strategic Hub

Qua Iboe Port Nigerias Maritime Strategic Hub

Qua Iboe Port, located in Akwa Ibom State, Nigeria, features efficient single point mooring facilities and 24-hour service, capable of accommodating large oil tankers and cargo deliveries. The port's equipment supports an oil delivery rate of 65,000 barrels per hour, while also providing a secure anchorage, making it an ideal choice for maritime needs.

07/24/2025 Port Encyclopedia
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Unique Advantages and Value Enhancement of International Air Freight

Unique Advantages and Value Enhancement of International Air Freight

International air freight, with its fast and flexible transportation features, has become the preferred choice in modern logistics. Offering a wide range of options, extensive regional coverage, and optimized operational processes, it significantly enhances logistics efficiency, shortens delivery times, and provides businesses with greater market flexibility. This approach also reduces inventory risks and strengthens competitiveness.

07/21/2025 Logistics
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Future Competition in the Express Industry The Battle and Strategic Transformation of Shentong and Yunda

Future Competition in the Express Industry The Battle and Strategic Transformation of Shentong and Yunda

This article examines the changes in the express delivery industry’s market landscape post-pandemic. It analyzes the evolution of stock price differences between Shentong and Yunda, the progress in hub-and-transfer construction, and the significance of outlet management. The article emphasizes that future competition will increasingly focus on service quality and comprehensive capabilities.

07/24/2025 Logistics
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SF Express Joins Hands with Tonghua International Inland Port to Launch a New Era in Pharmaceutical Logistics

SF Express Joins Hands with Tonghua International Inland Port to Launch a New Era in Pharmaceutical Logistics

SF Express Group has signed a cooperation agreement with Jilin Tonghua International Inland Port to advance pharmaceutical logistics, cold chain delivery, and warehouse management services. The partnership aims to leverage Tonghua's geographical advantages and abundant pharmaceutical resources. Operations are expected to launch within two weeks, contributing to Tonghua's goal of becoming 'China's Pharmaceutical City'.

07/23/2025 Logistics
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Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon Opens New YXX1 Warehouse in Canada to Boost Logistics

Amazon has launched a new warehouse center, YXX1, in Canada to enhance logistics efficiency and increase delivery speed, creating a positive impact on local economic development and employment. Spanning 825,000 square feet, the center is equipped with advanced technology and is expected to attract more customers, support sustainable transportation, and contribute to community development.

06/11/2025 Warehousing
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