Ocean Freight Industry Grapples With Detention Demurrage Costs

Ocean Freight Industry Grapples With Detention Demurrage Costs

In ocean freight exports, detention and demurrage charges are common additional expenses. This article analyzes the difference between these two fees: detention charges apply to exceeding the container's free use period, while demurrage charges apply to exceeding the cargo's free storage period at the terminal. Understanding their respective free time allowances and charging standards can help foreign trade companies effectively control logistics costs. Knowing how these fees are calculated and when they apply is crucial for minimizing unexpected expenses and optimizing supply chain efficiency.

08/22/2025 Logistics Encyclopedia
Read More
Enhancing Consumer Experience Optimizing Omnichannel Supply Chain Strategies for Fastmoving Consumer Goods

Enhancing Consumer Experience Optimizing Omnichannel Supply Chain Strategies for Fastmoving Consumer Goods

The consumer goods industry is facing a rapidly changing market environment, requiring companies to optimize their supply chains to enhance resilience and responsiveness. Integrated logistics solutions can ensure timely delivery amidst global disruptions while minimizing costs and the impact of raw material shortages, aiding businesses in achieving long-term sustainable development.

11/30/-0001 Logistics Industry Insights
Read More
Building An Efficient Experience Supply Chain Moat For The New Consumption Era

Building An Efficient Experience Supply Chain Moat For The New Consumption Era

This article explores the channel transformations in the fast-moving consumer goods (FMCG) industry in the new consumption era. It analyzes how brands cope with consumer-driven challenges and fragmented demands by building a dynamic supply chain fulfillment network for an omnichannel strategy. The case study of TingTong Logistics showcases its successful experiences in enhancing supply chain efficiency and user experience. It emphasizes the importance of leveraging digital transformation and AI technology to boost competitiveness.

07/24/2025 Logistics
Read More
Special Tax Refunds and Exemptions for Export Goods

Special Tax Refunds and Exemptions for Export Goods

This article examines the applicable cases of special tax exemption policies, including foreign contracting projects and foreign repair services. It analyzes the impact of these policies on reducing export costs for enterprises and enhancing their market competitiveness.

07/24/2025 Logistics
Read More
Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

With the government's cleanup of fees related to import and export processes, shipping companies have begun to reduce additional charges, lightening the economic burden on export enterprises. Investigations revealed that several shipping companies were imposing unreasonable fees, prompting the government to enforce standardized pricing. These measures are expected to alleviate over 200 million yuan in annual costs for China's export enterprises, with the Port of Qingdao alone seeing a reduction of 16 million yuan each year. Such actions will improve market order and support sustained growth in foreign trade.

07/21/2025 Logistics
Read More
Ethiopia Simplifies Customs Clearance for Exporters

Ethiopia Simplifies Customs Clearance for Exporters

This article provides an in-depth analysis of the export customs clearance process and common issues in Ethiopia. It covers document preparation, handling special situations (such as transshipment via Hong Kong, Macau, and Taiwan, and buying export permits), special cargo handling (identification, dangerous goods packaging), bill of lading processing, and dealing with container roll-overs. The aim is to provide practical guidance for foreign trade practitioners, helping to ensure smooth customs clearance for goods. It serves as a practical guide for navigating the complexities of exporting to Ethiopia.

08/22/2025 Logistics Encyclopedia
Read More
Local Information and Logistics Solutions in Global Trade

Local Information and Logistics Solutions in Global Trade

This article explores the importance of obtaining local information for logistics management in a global trade environment. Local contacts providing information on transportation, costs, and holiday schedules are crucial for business decision-making. Our logistics solutions aim to help companies enhance supply chain efficiency and easily access market intelligence across regions, thereby strengthening their global competitiveness.

07/22/2025 Logistics
Read More
Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

07/21/2025 Logistics Encyclopedia
Read More
Future Shipping Network: Reshaping East-west Trade Dynamics

Future Shipping Network: Reshaping East-west Trade Dynamics

The East-West Shipping Network Initiative aims to enhance the reliability and efficiency of global trade transportation by reducing the number of ports along major shipping routes, optimizing shipping services, and introducing flexible regional shipping lines. Set to officially operate in February 2025, the initiative will effectively strengthen the resilience and responsiveness of supply chains.

01/30/2025 Logistics
Read More