The Nagoya Port Authority is committed to providing efficient, safe, and sustainable port services that encompass various aspects such as port construction, facility management, operational authorization, and community responsibility. We drive economic growth through excellent management capabilities while actively promoting the integration of environmental protection and social responsibility.
This paper delves into the complete process of international air freight house air waybills, focusing on the core logic of destination deconsolidation, including the association between master and house air waybills, information consistency verification, consignee identity verification, and the division of responsibilities. By standardizing the deconsolidation process, the risk of mis-shipment or omission of LCL cargo can be minimized, protecting the legitimate rights and interests of cargo owners and freight forwarders.
This article provides an in-depth analysis of the customs regional coding system in Zhejiang Province, exploring the principles underlying China's customs division of domestic regions, particularly in relation to economic development and special economic zones. While Jiangsu and Guangdong lead in the number of detailed areas, Zhejiang features a relatively simpler administrative structure yet displays strong economic strength, with Ningbo and Hangzhou serving as dual economic hubs that enhance regional development and logistical advantages.
This article systematically reviews common Incoterms in international trade, such as EXW, FOB, CIF, and DDP, explaining their core functions, division of responsibilities, and risk transfer. It also analyzes specific trade scenarios. The importance of choosing appropriate Incoterms and the key aspects of risk control are emphasized, aiming to help foreign trade practitioners better understand and apply international trade terms. Understanding these terms is crucial for successful international transactions and mitigating potential liabilities.
The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.
This article focuses on dangerous goods declaration and FOB terms. It explains the role of the dangerous goods packaging certificate in dangerous goods declaration and the division of cost responsibilities between buyers and sellers under FOB terms. The aim is to help freight forwarders avoid risks and improve work efficiency. It provides practical insights into navigating the complexities of these crucial aspects of international trade, ensuring smoother and safer shipping processes while clarifying financial obligations for all parties involved.
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.
Austria Post's financial report for the first quarter indicates a slight revenue increase to €763.6 million, while operating profit fell by 7.6% to €48.4 million. The mail division experienced a 5.1% decline in revenue, whereas the parcel and logistics segment saw a 3.8% rise. Inflation has impacted performance, showing decent results in the Turkish market, but revenue has decreased in Southeast and Eastern European markets.
This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.
Since 2014, Qingdao Port has actively integrated into the Belt and Road Initiative, establishing a global logistics hub and enhancing its international development. Through its overseas division and partnerships with ports along the route, Qingdao Port continues to expand its shipping routes and import-export operations, promoting trade facilitation. Additionally, Qingdao Port has made significant achievements in building a smart port to improve management efficiency and service quality, contributing to the creation of a modern comprehensive logistics service platform.
