Customs Auctions Tips for Smart Bidding and Hidden Gems

Customs Auctions Tips for Smart Bidding and Hidden Gems

This article provides a detailed explanation of the complete customs auction process, offering a comprehensive guide from auction consignment and public announcement to bidding participation and commission payment. It aims to help readers fully understand the auction rules, participate rationally in bidding, and discover and reap potential value in customs auctions. The guide covers essential aspects for both novice and experienced bidders, ensuring a smoother and more informed auction experience. It emphasizes understanding the terms and conditions, conducting due diligence, and strategizing bids effectively.

09/26/2025 Customs Knowledge
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Shipping Marks The Hidden Key to Global Logistics Efficiency

Shipping Marks The Hidden Key to Global Logistics Efficiency

Shipping marks are like 'identity labels' on cargo packaging in international logistics. They use graphics and text to identify cargo information, preventing confusion, improving transport efficiency, and ensuring accurate delivery. They also serve as a legal basis. Shipping marks play a vital role in cargo identification, operational guidance, information transmission, and risk control. They are crucial for ensuring the efficient, accurate, and compliant transportation of goods across borders. They are essential for smooth international trade.

01/26/2026 Logistics Encyclopedia
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How to Effectively Avoid Demurrage Fees for Imported Containers

How to Effectively Avoid Demurrage Fees for Imported Containers

In import container transportation, avoiding demurrage fees is crucial. Typically, containers can be used for free for 10 days after goods are shipped, after which additional charges apply. To ensure timely return, importers should contact the shipping line and storage yard at customs to arrange direct transport of goods for container return. This approach not only saves time but also effectively reduces demurrage costs.

07/18/2025 Logistics Encyclopedia
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CMA CGM Adjusts Strategy Over New US Port Fees

CMA CGM Adjusts Strategy Over New US Port Fees

French shipping giant CMA CGM is restructuring its global fleet to avoid new U.S. port fee regulations. The company plans to invest $20 billion in the U.S. to strengthen its market competitiveness. Despite facing challenges from the U.S.-China trade war, CMA CGM maintains a positive outlook, anticipating a rebound in trade activity.

08/06/2025 Logistics Industry Insights
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Ustrs New Fees on Chinese Ships Stir Trade Tensions

Ustrs New Fees on Chinese Ships Stir Trade Tensions

The USTR announced a new fee policy for Chinese shipping starting in 2025, which includes charges based on the number of voyages to the U.S. and operational restrictions, aimed at addressing unfair trade practices. This policy revision is more moderate compared to the original version but will still impact the shipping market, and the varying fees faced by different carriers may lead to shifts in market dynamics.

08/06/2025 Logistics Industry Insights
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Shipping Industry Urges Clarity on Standard Free Time Fees

Shipping Industry Urges Clarity on Standard Free Time Fees

Standard free time is a complimentary period offered by carriers, covering demurrage and detention charges. Exceeding this period incurs extra costs. Standard free time varies among carriers, so it's crucial to confirm the specifics in advance and plan pickup and return times accordingly to avoid unnecessary logistics costs. Proper planning helps minimize expenses associated with exceeding the allowed free time for container usage.

09/28/2025 Logistics Encyclopedia
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Key Fees and Practices in Heavy Container Shipping Explained

Key Fees and Practices in Heavy Container Shipping Explained

This article delves into the multiple definitions of a 'heavy container' in sea freight, encompassing ISO standards, shipping company regulations, port weight restrictions, and specific business contexts. It elaborates on the mechanisms that generate overweight charges and provides practical advice on how to avoid them. Suggestions include accurately measuring cargo weight and applying for 'heavy-rated containers.' The aim is to help foreign trade enterprises and freight forwarders effectively control logistics costs and improve operational efficiency by mitigating the risks associated with overweight containers.

09/26/2025 Logistics Encyclopedia
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