Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

Air Cargo Industry Adopts Dual Risk Strategy Valuation and Insurance

To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.

Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

US Tightens Country of Origin Labeling for Imports

US Tightens Country of Origin Labeling for Imports

This article discusses the requirements for country of origin labeling for imported goods in the United States. It emphasizes the importance of this labeling in protecting consumer rights and outlines how to achieve compliance. Businesses must ensure clear indication of the country of origin to maintain brand reputation and consumer trust.

Understanding Civil Aviation Cargo Transport Mastering The Key Rules Of International Shipping

Understanding Civil Aviation Cargo Transport Mastering The Key Rules Of International Shipping

The international cargo transportation regulations of China's civil aviation aim to protect the rights of carriers, shippers, and consignees, as well as to maintain order in international air transport. This article outlines the main contents of these regulations and their impacts, emphasizing the importance of understanding these rules to ensure smoother cargo transportation.

Consolidated Freight Forwarding Efficient and Safe Shipping Details and Strategies

Consolidated Freight Forwarding Efficient and Safe Shipping Details and Strategies

The article shares key considerations for LCL cargo transportation, including the importance of not specifying a particular shipping company, emphasizing transport terms, ensuring accurate billing, evaluating costs, and protecting intellectual property rights. By focusing on these details, the chances of smooth and efficient transportation are improved, contributing to the successful development of international trade.

07/23/2025 Logistics
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ATA Carnet Validity Period and Renewal Process Guide

ATA Carnet Validity Period and Renewal Process Guide

The validity of an ATA Carnet is one year and cannot be extended, but renewal can be applied for within the validity period. Due to the impact of the pandemic, a maximum extension of six months is permitted. Understanding these regulations helps businesses to manage their import and export tasks properly and safeguard their rights.

Practical Guide to Handling Marine Cargo Damage

Practical Guide to Handling Marine Cargo Damage

This article discusses key approaches to handling marine cargo damage, focusing on carrier liability, insurance applicability, inspection procedures, and claim strategies. By clarifying responsibilities, promptly notifying insurers, conducting effective inspections, and selecting appropriate claim paths, issues of cargo damage can be effectively addressed. Furthermore, case studies demonstrate how rights can be protected and compensation achieved in practical handling.