Iranian importers must make payments to suppliers through banks under the company name and provide proof of payment to complete customs clearance. Due to U.S. sanctions, many banks refuse to accept payments from Iran, increasing transaction risks. It is advisable to ensure that payments are received before shipping and to avoid trading in products subject to sanctions to safeguard the supply chain.
The Air Waybill (AWB) is an indispensable core document in air transport, acting as a 'guardian' for goods. This article provides an in-depth analysis of the definition, types, and importance of the AWB, emphasizing its critical role in providing transportation information, ensuring contractual legal validity, and safeguarding the security of the cargo.
In international shipping, failing to seal containers upon arrival can lead to serious customs clearance issues and even return shipments. While port areas may not rigorously inspect seals, problems may arise during foreign customs clearance. Some shipping companies particularly require specialized seals. To ensure a smooth export process, it is advisable to prioritize using the seal number obtained with the bill of lading and to pay close attention to the sealing process.
Random documents accompanying air freight shipments, including packing lists, invoices, and certificates of origin, are crucial for overseas customs clearance and other purposes. Their main function is to facilitate customs clearance at the destination port, aid in cargo sorting at the airport freight station, and prevent delays for clients during the customs process. Timely handling of these random documents is essential to ensure an efficient international logistics flow, avoiding potential delays when clearing goods through customs.
This article summarizes the special requirements for ocean bills of lading at ports in various Latin American countries, highlighting the differences in bill content and acceptance standards. It covers the varying regulations in countries such as Mexico, Guatemala, and Colombia regarding electronic releases, destination port releases, and tax identification numbers. This understanding aids practitioners in navigating the complexities and compliance challenges of international shipping. Being aware of policy changes and details can help avoid misunderstandings and risks in trade, facilitating smoother customs clearance.
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
SKU rationalization is a key strategy for enhancing operational efficiency by optimizing the product mix. This article explores the significance, advantages, and specific implementation steps of SKU rationalization, emphasizing the use of data analysis and market research to achieve effective inventory management and supply chain optimization, ultimately improving corporate profitability and customer satisfaction.
The logistics industry plays a vital role in the national economy. Despite the economic environment affecting social logistics demand, its contribution continues to strengthen. Recent forecasts suggest that the added value of the logistics industry will exceed 9% of GDP. In recent years, investment in logistics infrastructure has risen, expected to surpass 70 billion yuan for the year, showcasing a positive development trend and reflecting the importance of the logistics industry in promoting economic growth.
This article provides a detailed analysis of the components of fixed costs for vessels, including crew wages, employee benefits, lubricants, materials, depreciation, repair costs, insurance, taxes, and expenses incurred during non-operational periods. It also explores the specifics of shared costs and other fixed expenses, emphasizing the importance of effective management and allocation of these costs in enhancing the economic efficiency of the shipping industry.
Holden International Airport, as a customs airport in Maine, USA, plays a vital role as a cargo hub, connecting multiple domestic and international cities. It offers efficient customs clearance and transshipment services, helping logistics companies enhance operational efficiency and market competitiveness.
