Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.

09/26/2025 Logistics Encyclopedia
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Outpost Secures Greenpoint Funding to Expand Truck Terminals to 1B

Outpost Secures Greenpoint Funding to Expand Truck Terminals to 1B

Outpost announced an investment from GreenPoint, increasing its terminal platform scale to $1 billion. This funding will accelerate the expansion of its truck terminal network, addressing efficiency bottlenecks in trucking and building an efficient and intelligent logistics ecosystem. The investment will enable Outpost to further develop its technology and infrastructure, providing drivers with better access to amenities, parking, and services, ultimately improving the overall trucking experience and optimizing supply chain operations.

11/03/2025 Logistics
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Amazon Sellers Urged to Optimize FBA Inventory to Cut Costs

Amazon Sellers Urged to Optimize FBA Inventory to Cut Costs

This article provides an in-depth analysis of Amazon's FBA inventory placement mechanism, comparing the advantages and disadvantages of distributed inventory configuration and the Inventory Placement Service. It offers practical tips to avoid inventory splitting, including optimizing product dimensions, consolidating shipments, and utilizing inventory configuration tools. The aim is to help sellers reduce logistics costs and improve operational efficiency within the Amazon FBA framework. By understanding and strategically managing inventory placement, sellers can optimize their supply chain and enhance profitability.

11/03/2025 Logistics Encyclopedia
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UPS Adds Parishong Kong Route to Strengthen French Exports to Asia

UPS Adds Parishong Kong Route to Strengthen French Exports to Asia

UPS has launched a new route from Paris to Hong Kong with five flights per week, catering to the export needs of French businesses, particularly in wine and food. Market demand is driving the growth of dental and pharmaceutical outsourcing services. UPS is committed to helping customers enhance logistics efficiency and strengthen market competitiveness.

08/06/2025 Logistics
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Guide to Safe LCL Shipping of Hazardous Goods to Busan Incheon

Guide to Safe LCL Shipping of Hazardous Goods to Busan Incheon

This article provides a detailed guide to LCL (Less than Container Load) dangerous goods exports to Busan and Incheon, South Korea. It covers crucial considerations such as shipping line and terminal requirements, dangerous goods compatibility, and acceptable classes for LCL (Class 3, 4.1, 6, 8, and 9). The guide also highlights operational details like palletization and volume calculation. It emphasizes the importance of selecting a professional freight forwarder to ensure the safe and efficient execution of your dangerous goods LCL export, helping you navigate the complexities involved.

03/14/2024 Logistics Encyclopedia
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