Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Ocean Freight and Customs Fees Avoiding Hidden Trade Costs

Although both shipping fees and customs fees are part of international logistics, they differ in nature, collection parties, and calculation methods. Shipping fees mainly pertain to maritime transport costs, while customs fees are related to customs declaration services. Understanding the composition of these fees helps avoid hidden costs and enhances the effectiveness of logistics cost management.

Hong Kongs Freight Sector Booms Amid Global Trade Shifts

Hong Kongs Freight Sector Booms Amid Global Trade Shifts

HAFFA, the Hong Kong Air Freight Association, is a non-profit organization dedicated to promoting the standards and development of the air freight industry in Hong Kong. It offers services to its members, fosters industry standardization, protects rights and interests, provides professional training, and engages in international cooperation to enhance Hong Kong's position in global logistics.

08/04/2025 Logistics
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Key Air Freight Terms Essential for Global Trade Efficiency

Key Air Freight Terms Essential for Global Trade Efficiency

This article compiles core vocabulary related to the air freight industry, including organizations like the International Civil Aviation Organization (ICAO) and the International Air Transport Association (IATA), as well as concepts such as scheduled air service, charter air service, consolidation, air express, and air waybills. The aim is to help readers better understand and apply air freight knowledge, ultimately improving efficiency in international trade. It provides a concise overview of key terms essential for navigating the complexities of air cargo operations.

Ocean Freight Drives Global Trade Amid Green Shipping Push

Ocean Freight Drives Global Trade Amid Green Shipping Push

Ocean shipping is the cornerstone of global trade, connecting the world with its economy, environmental friendliness, and economies of scale. Despite time constraints, ocean shipping remains a crucial choice for businesses optimizing supply chains and reducing costs through technological advancements and network optimization. Companies like Maersk are committed to building more efficient and reliable ocean shipping networks, helping businesses succeed in the global market. It plays a vital role in facilitating the movement of goods across continents, fostering economic growth, and supporting international commerce.

Hong Kong Trade Faces Falling Freight Rates Tariff Threats

Hong Kong Trade Faces Falling Freight Rates Tariff Threats

Global container freight rates continue to decline, compounded by the risks of US tariff policies, posing significant challenges to Hong Kong's trade. This paper analyzes the impact of falling freight rates and tariff policies on Hong Kong's trade and proposes response strategies at the government, enterprise, and financial levels. These include strengthening international cooperation, diversifying market layout, optimizing supply chain management, maintaining financial stability, embracing technological innovation, and strengthening talent development. The aim is to help Hong Kong find new development opportunities amidst the challenges.

China Customs Updates Rules for Amending Origin Declarations

China Customs Updates Rules for Amending Origin Declarations

This article details the necessary documents for changing the domestic origin of goods on a customs declaration. These documents include domestic trade contracts, VAT invoices, VAT invoice certification lists, explanatory statements, payment slips, and foreign trade contracts. This information aims to help foreign trade companies efficiently complete the customs clearance process.

Shippers Face Risks With Dual Consignee Bills of Lading

Shippers Face Risks With Dual Consignee Bills of Lading

This article analyzes the risks associated with dual-named Bills of Lading (B/L). It explains the cautious approach taken by shipping companies and freight forwarders towards such B/Ls. The article advises foreign trade companies to avoid using dual names on B/Ls to minimize potential legal and economic risks. It emphasizes the importance of clearly identifying a single and unique consignee, and the necessity of seeking professional compliance solutions to mitigate the risks associated with ambiguous B/L information and ensure smooth trade operations.

Freight Forwarding Basics Key Booking Steps for Beginners

Freight Forwarding Basics Key Booking Steps for Beginners

This article provides a detailed explanation of the booking process for freight forwarding newcomers, covering key steps such as finding booking channels, sending booking requests (shipping orders), obtaining SO (Shipping Order), and arranging subsequent matters. It also emphasizes the importance of familiarity with booking platform operations and information verification, aiming to help novices quickly master booking skills. Mastering these steps is crucial for efficient and accurate cargo transportation in foreign trade.

Verify Long Beach Port Codes Early to Avoid Holiday Delays

Verify Long Beach Port Codes Early to Avoid Holiday Delays

In foreign trade transportation, the Long Beach Port transit port code is crucial. This article emphasizes the importance of confirming the code with the freight forwarder, especially before holidays, to avoid cargo delays due to incorrect codes. Do not attempt to find the code independently; instead, verify the specific code and port of entry clearly. Accurate information ensures smooth and timely delivery of goods through Long Beach Port.

Shipping Industry Grapples With Missing Cargo and Delivery Errors

Shipping Industry Grapples With Missing Cargo and Delivery Errors

Facing cargo shortages, abandoned goods, or unclear destination port information? This article gathers freight forwarding experience to provide solutions for original pre-entry documents. It recommends clearly specifying destination port agent information in confirmation documents. This helps ensure efficient operation of foreign trade logistics by addressing potential issues proactively and improving communication throughout the shipping process. By implementing these measures, businesses can mitigate risks and streamline their export procedures.