The Importance of Inspection for Exported Products and Detailed Procedures

The Importance of Inspection for Exported Products and Detailed Procedures

In foreign trade exports, whether a product requires inspection depends on the customs HS code and supervision conditions, which commonly include A, B, and AB categories. The inspection process involves acceptance of applications, sampling, inspection, and certificate issuance. Required documents for inspection include foreign trade contracts and letters of credit, among others. Companies must understand these requirements to ensure smooth customs clearance.

USD to Sri Lankan Rupee Exchange Rate Hits Record Low

USD to Sri Lankan Rupee Exchange Rate Hits Record Low

This article presents the latest exchange rate between the US dollar and the Sri Lankan rupee, emphasizing the importance of real-time data acquisition and key factors in foreign exchange transactions. It aims to help readers better understand the practical applications of currency trading and market dynamics.

Guide to Successful Importing in Global Trade

Guide to Successful Importing in Global Trade

This article provides a detailed analysis of the seven key processes involved in foreign trade import, offering a comprehensive operational guide from signing the agency agreement to the final handover of goods. It aims to help readers understand the import process, avoid potential risks, and improve foreign trade efficiency. The guide covers essential steps and considerations for a smooth and compliant import experience, focusing on practical advice and best practices for navigating the complexities of international trade.

China Streamlines Bonded Zone Exports with Consolidated Shipping Rules

China Streamlines Bonded Zone Exports with Consolidated Shipping Rules

This article provides a detailed analysis of the self-consolidation export process for goods from bonded zones. It covers key steps such as customer customs declaration, freight forwarder preparation, customs seal handling, and customs broker operations. The article also addresses common issues related to container loading, customs declaration, and port area data. The aim is to assist foreign trade enterprises in efficiently and compliantly completing the export of goods from bonded zones, ensuring adherence to regulations and streamlining the overall process.

Guide to Managing Urgent Cargo Delays in Shipping Industry

Guide to Managing Urgent Cargo Delays in Shipping Industry

This article provides a detailed guide for handling the unexpected situation where a customer requests a suspension of shipment and removal of goods from the port area after customs declaration. It covers required documents, operational procedures for different port areas, and important considerations. The aim is to help foreign trade practitioners respond calmly and minimize losses in such circumstances. It addresses scenarios where goods are already declared and within the port, requiring specific steps for both delaying export and retrieving the cargo.

Container Freight Rate Surge And BDI Decline A Comparative Analysis Of Foreign Trade Recovery And Market Structure

Container Freight Rate Surge And BDI Decline A Comparative Analysis Of Foreign Trade Recovery And Market Structure

This article analyzes the underlying reasons for the sharp rise in container shipping prices alongside the continuous decline of the Baltic Dry Index (BDI) in the bulk cargo market. It points out that the container shipping market is thriving due to the recovery of foreign trade, while the bulk cargo market is in decline due to weak steel demand, revealing the opposition and mutual influence between the two in the context of economic reality.

07/24/2025 Logistics
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Beginners Guide to Essential Export Trade Terms

Beginners Guide to Essential Export Trade Terms

This article provides a comprehensive overview of core terminology in foreign trade, covering key aspects such as booking, freight, air freight, ports, and bills of lading. It aims to help newcomers quickly master the industry language, enhance their professional skills, and ultimately work more efficiently. By understanding these terms, individuals can reduce operating costs, mitigate potential risks, and achieve success in the foreign trade sector. This resource is designed to empower individuals to navigate the complexities of international trade with confidence.

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade

This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.

8 Effective Techniques for Freight Forwarders to Improve Cargo Acquisition

8 Effective Techniques for Freight Forwarders to Improve Cargo Acquisition

This article summarizes eight key techniques for freight forwarders to enhance cargo acquisition efficiency. These include treating customers sincerely, establishing pricing advantages, consistently focusing on customers, maintaining good customs relationships, improving document capabilities, building strong ties with shipping and insurance companies, and identifying potential clients. Through effective communication and service, freight forwarders can gain a competitive edge in a fierce market.

07/21/2025 Logistics
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Warehouseorder System Integration Enhances ROI Customer Loyalty

Warehouseorder System Integration Enhances ROI Customer Loyalty

This article explores how the perfect integration of Warehouse Management Systems (WMS) and Order Management Systems (OMS) can significantly enhance a company's profit margins and return on investment, meeting the rising customer expectations. It emphasizes the critical role of these two systems in optimizing the supply chain, improving customer experience, and reducing costs, pointing out that businesses need to establish a unified omnichannel business model to tackle the complex and dynamic market environment.

08/06/2025 Warehousing
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