First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.
This article provides a clear and accessible explanation of the concept of "container slot" in container terminals and its composition. It details a five-step process using "Zone", "Block", "Bay", "Row", and "Tier" to locate containers. Furthermore, it introduces the container slot representation method on container ships, helping readers quickly understand the "home guide" for containers. This aims to demystify the container slot system for a broader audience.
Izmir New Port is an important commercial port located in the Aegean Sea of Turkey, positioned in Izmir Bay. It features modern port facilities with an annual throughput exceeding 5 million tons and a container handling capacity of 70,000 TEUs. The optimization of facilities in the new port area and upcoming expansion projects will further enhance its position within the global maritime network.
This article explains common terms in freight forwarding logistics, such as 'single release,' 'single drag,' 'double drag,' and 'shared container,' along with the reasons behind new regulations. The new policy encourages the use of 'single release' for small containers exceeding 10 tons to address strict overload supervision and ensure transport safety. Understanding these terms facilitates better communication and operations within freight forwarding logistics.
Maersk has launched two new rail services connecting DP World London Gateway with Hams Hall and iPort Doncaster. This initiative aims to address the growth in port container transport, enhance inland connectivity, and promote a shift from road to rail transport, contributing to sustainable development.
There are various types of shipping containers, each with different specifications and loading capacities. A small container typically refers to a 20-foot container, while a large container refers to those 40 feet or longer. Common container types include standard containers, high-cube containers, open-top containers, frame containers, refrigerated containers, tank containers, and hanging garment containers.
This article focuses on the container release process in foreign trade export. It details how to rationally schedule container release time based on factors such as the validity period of the shipping company's equipment interchange receipt, container loading time, and shipping schedule to avoid the risk of exceeding storage capacity. It also explains the container release operation process and precautions, and answers frequently asked questions. The aim is to help foreign trade practitioners efficiently arrange container release and ensure the smooth shipment of goods.
This article analyzes the freight calculation methods in container liner transportation, introducing the components of basic freight and additional charges, as well as the impact of different handover methods on freight costs. Furthermore, it delves into the freight ton calculation methods for full container loads and less-than-container loads, aiming to help readers better understand the cost structure of container transportation and its rationalization.
This article analyzes the key differences between Less than Container Load (LCL) and Full Container Load (FCL) shipping. LCL shipping involves multiple customers' goods being packed in a shared container, enhancing transport efficiency and reducing costs. In contrast, FCL shipping entails renting an entire container, suitable for clients needing larger shipping capacities. There are also significant differences in the bill of lading and consignees between the two.
This article shares common challenges faced by newcomers in freight forwarding, covering topics like contract negotiation, telex release procedures, container booking strategies, and obtaining pre-entry/release notes. It aims to help new professionals quickly understand industry rules, avoid common pitfalls, and improve their work efficiency within 100 words.
