TEU The Standard Unit for Port Throughput and Global Trade

TEU The Standard Unit for Port Throughput and Global Trade

This paper delves into the meaning of "TEU" in port container throughput, explaining its role as a measurement unit for "20-foot equivalent unit." TEU is crucial for uniformly measuring the number of containers of different sizes. By using TEU, we can more accurately reflect the port's handling capacity and transportation scale, providing a valuable reference for economic decision-making and contributing to the construction of smart ports. It is an essential metric for understanding port performance and its impact on global trade.

09/26/2025 Logistics Encyclopedia
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Guide to Avoiding Costly CBM Mistakes in Global Shipping

Guide to Avoiding Costly CBM Mistakes in Global Shipping

This article delves into the meaning of CBM in international logistics and the billing rules for LCL (Less than Container Load) shipping, revealing potential pitfalls in CBM-based quotations. By comparing CBM with more precise billing methods like RT (Revenue Ton) and W/M (Weight/Measurement), it provides practical advice for reducing logistics costs and helping shippers effectively control international transportation expenses. The article aims to empower shippers to understand the nuances of CBM and optimize their shipping strategies for cost efficiency.

09/26/2025 Logistics Encyclopedia
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Datadriven Guide Streamlines Bill of Lading Submissions

Datadriven Guide Streamlines Bill of Lading Submissions

This article provides an in-depth analysis of the Bill of Lading (B/L) submission process from a data analyst's perspective. It covers key aspects such as B/L type selection, information filling, cost bearer settings, and weight/volume measurement. Practical tips and recommendations are offered to help users efficiently complete B/L submissions, avoid common mistakes, and ensure smooth cargo transportation. The guide aims to enhance understanding and streamline the process for effective trade compliance and successful shipment execution.

09/28/2025 Document Interpretation
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WCO Group Advances Trade Via Publicprivate Dialogue

WCO Group Advances Trade Via Publicprivate Dialogue

The Private Sector Consultative Group (PSCG) of the World Customs Organization (WCO) serves as a crucial platform for fostering dialogue and cooperation between the WCO and the private sector. The 47th session focused on the Revised Kyoto Convention review, performance measurement, disruptive technologies, non-negotiated tariffs, and the Framework of Standards on E-Commerce. By participating in policy development, standard setting, capacity building, and promoting collaboration, the PSCG makes significant contributions to building an efficient, secure, and sustainable global trade system.

12/30/2025 Customs Knowledge
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Moldova Boosts Trade Efficiency with Customs System Upgrade

Moldova Boosts Trade Efficiency with Customs System Upgrade

Supported by the SECO-WCO Global Trade Facilitation Programme, Moldovan Customs held a workshop on strategic planning and performance evaluation to enhance strategic alignment, governance, and accountability. Participants utilized tools like PESTLE and SWOT analysis to develop strategic objectives and KPIs. The WCO will continue to provide support, assisting Moldovan Customs in becoming a new engine for efficient trade. The workshop aimed to improve customs operations through better planning and performance measurement, ultimately contributing to increased trade facilitation and economic growth in Moldova.

12/30/2025 Customs Knowledge
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Keelung Guide Safely Packaging Large Items for Delivery

Keelung Guide Safely Packaging Large Items for Delivery

This article provides a detailed interpretation of packaging techniques and precautions for large item shipping in Keelung City. It covers aspects such as measurement and assessment, material preparation, disassembling and packaging, reinforcement processing, and clear labeling. The article emphasizes environmentally friendly material selection and waterproof/moisture-proof measures to ensure safe delivery. It guides readers through each step, offering practical advice for properly preparing large items for shipment, minimizing the risk of damage during transit and ensuring a successful delivery experience.

12/30/2025 Logistics Encyclopedia
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Reduction of Shipping Prices on the West Coast Analysis of Market Dynamics and Future Trends

Reduction of Shipping Prices on the West Coast Analysis of Market Dynamics and Future Trends

Recently, freight rates in the US West shipping market have declined, prompting several shipping companies to adjust their pricing strategies. Various analyses indicate that the rate decrease is influenced by factors such as the situation in Israel and Palestine, the drop in the SCFI index, and the introduction of new shipping routes. Although the shipping market remains strong in the short term, the rate of increase in freight prices may slow down due to market fluctuations and changes in shipping demand. The industry must closely monitor market dynamics and potential risks.

07/09/2024 Logistics Industry Insights
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Maritime Shipping Guide for Hazardous Goods Declarations

Maritime Shipping Guide for Hazardous Goods Declarations

This article provides a detailed analysis of the maritime declaration process for dangerous goods sea freight exports. It clarifies the differences between cargo declaration and vessel declaration, outlines the specific steps of cargo declaration, emphasizes the importance of cut-off declaration for dangerous goods, and details the necessary documentation. Furthermore, it explains the connection between dangerous goods declaration and port customs clearance. The aim is to help businesses understand the critical aspects of dangerous goods sea freight exports, mitigate risks, and ensure the safe and compliant transportation of goods.

06/11/2024 Logistics Encyclopedia
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