General Terms in International Trade: The Application and Importance of Incoterms®
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
Lanzhou South Asia International Freight Train Launches: Opening a New Economic Corridor
On May 11, 2023, Lanzhou launched the 'Lanzhou Line' for international freight rail and road transport to South Asia. This new route tightly connects Lanzhou with South Asian countries, promoting local economic development and enhancing Sino-Nepalese relations. As a vital logistics hub, Lanzhou's strategic advantage under the Belt and Road Initiative is significantly elevated. The market recognition is gradually increasing, and it is expected to bring economic development opportunities to multiple regions in the future.
Understanding Declared Value for Carriage and Additional Fees in International Air Freight
This article introduces the concept and necessity of the declared value of goods in international air freight. It analyzes the calculation methods of additional fees and the types of goods to which they apply, emphasizing the importance of processing the declared value.
Yantian International Container Terminal: The Domestic Preferred Port for Ultra Large Vessels
Yantian International Container Terminal has become the domestic preferred port for ultra-large vessels, with multiple successful berths in 2023. The terminal features deep-water berths and advanced gantry crane facilities, allowing efficient service for numerous large ships. By adhering to a strategy focused on large vessels and optimizing services, Yantian International has achieved a continuous increase in cargo volume, surpassing the industry average and solidifying its strategic position in South China.
First “chifeng-manzhouli-europe” International Freight Train Launched, Boosting Foreign Trade Development
The first "Chimanou" international freight train set off from Chifeng on September 17, carrying 1,100 tons of lysine directly to Russia. The journey covers 9,000 kilometers, taking 10-12 days one way. By utilizing an efficient customs declaration model, companies can benefit from expedited clearance services, significantly improving foreign trade transportation efficiency and enhancing regional economic growth and international competitiveness.
Chengdu Airport Cargo Station Innovates Service Model By Outsourcing International Palletization Business
Since mid-month, Chengdu airport's cargo station has implemented an outsourcing model for international palletizing services, allowing qualified freight forwarders to perform palletizing operations directly. This change responds to the rapid growth in air logistics demands and aims to enhance service efficiency and safety. Additionally, the cargo station has increased security measures and provided comprehensive support to ensure smooth palletizing operations. This initiative represents a significant innovation in Chengdu's air logistics sector.
Understanding Closing Time, Port Cut-off, and Customs Clearance in International Trade
This article analyzes the definitions and roles of closing time, cut-off port, and clearance in foreign trade shipping. The closing time is the final declaration time to ensure timely loading of goods, while the cut-off port is the deadline for receiving containers. Clearance refers to the procedures after customs release. Proper planning of these three stages can enhance the efficiency and compliance of foreign trade logistics.
A Comprehensive Analysis of Core Concepts in International Logistics and Freight Forwarding
International logistics is the extension of domestic logistics across borders, involving the movement of goods between multiple countries. This article discusses the two main sectors of international freight forwarding: the freight forwarding industry and freight forwarders themselves.
Flexible And Efficient International Freight Transportation An Analysis Of LCL Shipping Services
LCL (Less than Container Load) shipping services provide an ideal solution for small-scale orders. By sharing container space, businesses can reduce transportation costs, respond flexibly to market demands, and alleviate inventory pressure. LCL shipping enables faster delivery of goods while enhancing logistics efficiency, making it an effective way to improve supply chain management.
Ningbo Airport Promotes International Truck Flight Cooperation To Expand Global Freight Network
Ningbo Lishe Airport recently collaborated with airports in Shanghai and Hangzhou to launch international trucking flights, enhancing cargo capacity and expanding into global markets. This innovative model efficiently connects regions without established air hubs, alleviating logistics bottlenecks and boosting Ningbo's international competitiveness.