New Incoterms Guide Aids Global Trade Efficiency

New Incoterms Guide Aids Global Trade Efficiency

The Incoterms® rules are a set of global standards published by the International Chamber of Commerce, covering 11 essential trade terms. Since their inception in 1936, with the latest version released in 2020, these rules clarify the responsibilities and risks of sellers and buyers in the delivery of goods in international trade. They help prevent misunderstandings and reduce transaction costs. Understanding these rules is crucial for the success of every trader.

08/05/2025 Logistics Encyclopedia
Read More
ICC Clarifies Content Usage Policy and Copyright Rules

ICC Clarifies Content Usage Policy and Copyright Rules

This article outlines the content usage policies of the International Chamber of Commerce and the importance of copyright protection. It emphasizes the necessity for users to obtain authorization when using website content and the need to comply with data protection laws, aiming to promote business compliance and respect for copyright.

08/05/2025 Logistics Encyclopedia
Read More
Efficient Contract Management Tips for Industrial Equipment Suppliers

Efficient Contract Management Tips for Industrial Equipment Suppliers

This article introduces the 'Model Contract for Turnkey Equipment Supply for Industrial Plants' launched by the International Chamber of Commerce. It provides a clear structure for equipment procurement, reduces transaction costs, and ensures efficiency and reliability. The contract covers key terms to maximize the interests of both suppliers and buyers, making it an essential tool for modern industrial project management.

08/05/2025 Logistics Encyclopedia
Read More
Global Firms Streamline Contract Distribution Models

Global Firms Streamline Contract Distribution Models

This article examines the ICC's 'Short Form Contract for Agency and Distribution', highlighting its advantages in simplifying contracts within international trade. The short form contract provides concise and clear terms, facilitating quick market relationships for businesses. It also elucidates the key differences between agency and distribution models, offering practical solutions for companies aiming to engage in international business flexibly.

08/05/2025 Logistics Encyclopedia
Read More
Freighter Vs Passenger Jets Optimal Air Cargo Choices

Freighter Vs Passenger Jets Optimal Air Cargo Choices

This article analyzes the differences in timeliness and cost between all-cargo aircraft and passenger cabin space, emphasizing that the choice of transportation mode is not only about price but also a balance of efficiency and stability. By evaluating transportation demands and the characteristics of goods, it proposes best practices for mixed transportation, helping businesses achieve an optimal combination of cost and benefit.

09/16/2025 Logistics Encyclopedia
Read More
USPS Offers Costsaving Small Package Shipping Tips for Beginners

USPS Offers Costsaving Small Package Shipping Tips for Beginners

This article provides a detailed analysis of the entire process of using postal small packages, covering item preparation, order placement, packing, declaration, sending, transportation, and tracking. It also examines potential issues that may arise during shipping and offers solutions. The aim is to help novice users quickly master operational skills and enhance the efficiency and safety of their deliveries.

09/16/2025 Logistics Encyclopedia
Read More
Packing Lists Cut Disputes in Global Trade

Packing Lists Cut Disputes in Global Trade

The Packing List (PL) is crucial in international trade as it influences customs clearance, customer satisfaction, and insurance claims, serving as a 'secret weapon' to avoid foreign trade disputes. This article explores the definition, function, and ways to enhance management practices of packing lists to assist foreign trade companies in operating efficiently.

09/16/2025 Logistics Encyclopedia
Read More