This article provides a comprehensive overview of the importance of customs declaration codes, product units, currency codes, country codes, and customs classification codes in international trade. It helps businesses better understand and navigate logistics and trade processes, thereby improving management efficiency.
The article explores the impact of shipping unreliability on global trade and the associated financial, operational, and reputational costs. It offers several strategies to mitigate risks and enhance supply chain resilience, including leveraging data, proactive planning, investing in technology, and developing contingency plans.
This guide provides detailed instructions on how to correctly fill in the 'Transaction Terms' section of the Export Goods Customs Declaration. It outlines the steps and considerations for various international trade terms such as FOB, C&F, and CIF. This not only helps improve customs efficiency but also reduces transaction risks, making it an essential reference for anyone engaged in international trade.
Cincinnati International Airport is a key customs and cargo hub in the United States, facilitating global logistics and trade connections.
Container Freight Station (CFS) charges are crucial costs in international logistics for handling LCL shipments. These charges pertain to the consolidation of goods at the point of origin and the deconsolidation process at the destination. They are based on the volume of the cargo and have a direct impact on international shipping costs.
This article analyzes the air freight costs from Shenzhen Bao'an International Airport to Gothenburg, providing detailed transportation prices and important considerations. It aims to assist businesses in optimizing logistics costs and enhancing transportation efficiency.
The unreliability of maritime shipping poses significant challenges to global trade, impacting shippers financially, operationally, and reputationally. This paper explores the influences and associated costs and offers a range of mitigation strategies to help businesses enhance the resilience and adaptability of their supply chains.
Maritime transport is crucial for global trade, yet its unreliability poses significant financial, operational, and reputational challenges for freight companies. This paper examines the costs of unreliability and proposes strategies to enhance supply chain resilience and responsiveness through data utilization, partner selection, and technology investment.
During the Belt and Road Forum for International Cooperation, experts discussed the significance of customs cooperation among participating countries. They proposed five key areas for improvement: deepening mechanism alignment, regulatory innovation, information sharing, trade security, and capacity building, to enhance customs' role in facilitating trade. Through collaboration, countries can better respond to emerging trade patterns and ensure global economic stability and prosperity.
In the first half of 2025, Guangzhou's bonded logistics import and export volume reached 56.65 billion yuan, a year-on-year increase of 29.9%. Growth was driven by sectors such as international consolidation and distribution. The city's commerce bureau aims to facilitate trade by innovating policies and promoting new foreign trade models, supporting Guangzhou's development as a 'trade power city'.
