foreign trade documents News

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

07/28/2025 Logistics Encyclopedia

ICC Urges Global Unity to Boost Trade As Singapore Marks 60 Years

During the 60th anniversary celebration in Singapore, the International Chamber of Commerce advocated for the recovery of global trade, emphasizing the need for countries and businesses to strengthen cooperation. It called for the promotion of open markets, innovation, and sustainable development, while sharing successful experiences to address complex international challenges.

08/05/2025 Logistics Industry Insights

Understanding Customs Clearance Fees Avoid High Costs and Optimize Your International Trade

Customs clearance fees are a crucial aspect of international trade, encompassing various costs such as import duties, taxes, and customs agent fees. Understanding these expenses helps optimize import and export operations while avoiding unnecessary costs. Additionally, duty exemption policies in different countries can facilitate the import of low-value goods.

07/23/2025 Customs Knowledge

Exploring Tacoma Port: A Busy Trade Hub on the US West Coast

The Port of Tacoma, located in Washington State, serves as a commercial hub on the U.S. West Coast. It offers convenient connections to Seattle and meets logistical demands through its deep-water berths and container terminals. The southern area, including the Hylebos Waterway and Blair Waterway, provides excellent shipping conditions that extend inland.

07/18/2025 Port Encyclopedia

Mastering the Key Steps of Export Customs Declaration: A General Trade Example

Mastering the process of filling out export customs declarations is crucial for export operations. This article details the basic content and filling requirements of customs declarations under general trade, including important information such as the export port, business unit, and shipping unit. By properly filling in the relevant details, it ensures that goods pass smoothly through customs, a necessary skill for every export business professional.

07/21/2025 Customs Knowledge

General Terms in International Trade: The Application and Importance of Incoterms®

Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.

07/21/2025 Logistics Encyclopedia

Requirements and Customer Sales Impact of Material Re-export for Processing Trade

This article explores the customs supervision requirements during the re-export of materials processed under the processing trade. Imported materials must be exported after processing, and the export volume must reasonably correspond to the quantity of materials used. Companies selling to other international clients must ensure complete customs declaration procedures.

07/17/2025 Logistics Encyclopedia

Logistics Knowledge Overview: In-depth Discussion from Purchaser Responsibilities to Compensation Trade

This article analyzes key logistics components: procurement roles, hazardous material transport, bulk shipping, inspection/quarantine, customs clearance, and scheduled flights. It specifically examines compensation trade's unique mechanisms. Mastering these areas enhances operational efficiency and competitive advantage.

07/11/2025 Logistics Encyclopedia

Somali Shilling Weakens Against US Dollar in Latest Analysis

This article provides the latest data analysis of the exchange rate between the Somali Shilling and the US Dollar as of August 9, 2025. 25 Somali Shillings are approximately equivalent to 0.0438 USD, indicating the fluctuation trend of the Somali Shilling in the international market. It emphasizes the dynamic changes in the foreign exchange market and the associated investment risks.

08/09/2025 Exchange Rate Query

Guide to Exchanging Thai Baht for USD Amid Rate Fluctuations

This article analyzes the latest exchange rate between the Thai Baht and the US Dollar, highlighting its trends. Currently, 10 Thai Baht can be exchanged for approximately 0.30 US Dollars, with a fluctuation of 9.20% over the past year. The article also discusses the significance of exchange fees and utilizing exchange rate APIs to help readers better understand the foreign exchange market.

08/26/2025 Exchange Rate Query

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"foreign trade documents"

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

ICC Urges Global Unity to Boost Trade As Singapore Marks 60 Years

Understanding Customs Clearance Fees Avoid High Costs and Optimize Your International Trade

Exploring Tacoma Port: A Busy Trade Hub on the US West Coast

Mastering the Key Steps of Export Customs Declaration: A General Trade Example

General Terms in International Trade: The Application and Importance of Incoterms®

Requirements and Customer Sales Impact of Material Re-export for Processing Trade

Logistics Knowledge Overview: In-depth Discussion from Purchaser Responsibilities to Compensation Trade

Somali Shilling Weakens Against US Dollar in Latest Analysis

Guide to Exchanging Thai Baht for USD Amid Rate Fluctuations