Ocean Freight Industry Grapples With Detention Demurrage Costs

Ocean Freight Industry Grapples With Detention Demurrage Costs

In ocean freight exports, detention and demurrage charges are common additional expenses. This article analyzes the difference between these two fees: detention charges apply to exceeding the container's free use period, while demurrage charges apply to exceeding the cargo's free storage period at the terminal. Understanding their respective free time allowances and charging standards can help foreign trade companies effectively control logistics costs. Knowing how these fees are calculated and when they apply is crucial for minimizing unexpected expenses and optimizing supply chain efficiency.

Key Insights on Freight Forwarding and Customs Clearance

Key Insights on Freight Forwarding and Customs Clearance

This article addresses common issues in freight forwarding and consolidation, including ocean freight bills of lading, customs clearance, demurrage, and inspection. It emphasizes the policy differences between various shipping companies and highlights key considerations in cargo declaration and inspection. The aim is to provide readers with a better understanding of the freight forwarding and consolidation process, enabling them to navigate the complexities involved and avoid potential pitfalls. This guide offers practical insights into the intricacies of international shipping.

International Air Freight Transport Safety Management Self-assessment Report Released

International Air Freight Transport Safety Management Self-assessment Report Released

An international air freight company completed a self-inspection of its safety transport management to enhance its safety assurance capabilities. Through hazard identification and rectification, the company aims to further strengthen safety management and effectively prevent accidents during transportation. The self-inspection report indicates that the implementation of safety protocols is satisfactory, and there is a notable improvement in safety awareness. In the future, the company will continue to advance its safety initiatives to maintain ongoing vigilance.