How To Fill Out The Transaction Method Column On The Export Customs Declaration

How To Fill Out The Transaction Method Column On The Export Customs Declaration

This article discusses how to fill out the transaction terms section of the export customs declaration form. According to international trade terms, the transaction methods include FOB, C&F, and CIF, specifying the requirements for reporting freight and insurance under different conditions. Accurately completing this information is crucial for smooth customs clearance. The article further explains the English expressions of related international terms to help readers deepen their understanding.

07/16/2025 Logistics Encyclopedia
Read More
Exploring India's Inland Port: The Meaning and Importance of ICD

Exploring India's Inland Port: The Meaning and Importance of ICD

This article explores the significance of the term ICD in the names of inland ports in India, where ICD stands for 'Inland Container Depot,' closely linked to the functions of inland ports like Hyderabad. It also outlines the operational models of these inland ports, explaining how the naming of ICDs facilitates clear identification and efficient operations. This information provides a new perspective on understanding freight logistics in India.

07/21/2025 Logistics Encyclopedia
Read More
Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
Read More
Port Congestion A New Round of Challenges in Supply and Demand Conflicts

Port Congestion A New Round of Challenges in Supply and Demand Conflicts

Despite declining revenues in the shipping market, port congestion remains a persistent issue that is not easily alleviated. Data indicates that a significant number of bulk carriers and container ships continue to wait for loading and unloading, impacting global freight. The congestion problems in the U.S. and Europe have worsened due to the pandemic, economic fluctuations, and labor shortages, serving as a crucial barometer for macroeconomic and geopolitical conditions.

07/24/2025 Logistics Industry Insights
Read More
Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
Read More
Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia Establishes IATA Hub in Riyadh to Boost Global Aviation Role

Saudi Arabia has announced the establishment of a regional office for the International Air Transport Association (IATA) in Riyadh to support the development of the aviation industry. A new flagship airline will be created, aiming to become a global logistics hub with 250 international routes and doubling air freight capacity, promoting economic diversification. This initiative seeks to enhance Saudi Arabia's influence in the international aviation market and drive GDP growth.

07/29/2025 Logistics
Read More
Global Ro-Ro Shipping Sets Strict Vehicle Size and Weight Limits

Global Ro-Ro Shipping Sets Strict Vehicle Size and Weight Limits

This article provides a detailed overview of the requirements and cost structure for international freight vehicle transportation, emphasizing the understanding of vehicle size and loading limits, as well as ensuring that transport vehicles are in good condition. For clients, knowing this information will improve transportation efficiency and reduce unnecessary losses and costs. It is recommended to confirm vehicle specifications and related requirements with agents before transportation to ensure a smooth pickup.

07/29/2025 Logistics Encyclopedia
Read More
Secure LCL Shipping for Camphor to Callao Peru

Secure LCL Shipping for Camphor to Callao Peru

This paper focuses on the LCL (Less than Container Load) sea freight export of Class 4.1 dangerous goods, specifically camphor, to Callao, South America. It details aspects such as shipping schedules, operational procedures, booking information, warehouse entry process, customs declaration requirements, and bill of lading confirmation. The aim is to provide customers with a one-stop solution, ensuring the safe, compliant, efficient, and convenient delivery of goods to their destination.

08/07/2024 Logistics Encyclopedia
Read More
APL Shanghai Streamlines Booking with Updated Contact Info

APL Shanghai Streamlines Booking with Updated Contact Info

This article addresses the difficulty in finding APL Shanghai Shipping Company's phone number, providing the latest and most effective contact methods, including customer service hotline, voice information service, and electronic container release website. It emphasizes that the customer service hotline 021-26105988 is the most efficient way to resolve issues, and reminds users to pay attention to the timeliness of online information. This helps foreign trade practitioners book freight efficiently.

08/23/2025 Shipping Company Encyclopedia
Read More
Exporters Guide to Managing FOB Trade Costs and Risks

Exporters Guide to Managing FOB Trade Costs and Risks

This article provides an in-depth analysis of key aspects of FOB trade, including cost allocation, risks associated with nominated freight forwarders, and prevention of delivery without original bills of lading. The aim is to help exporters gain a comprehensive understanding of FOB terms, effectively control costs and risks, and ultimately improve trade profits. It explores practical strategies for mitigating potential issues and ensuring smooth transactions under FOB Incoterms.

08/23/2025 Logistics Encyclopedia
Read More