Importers Face Rising Demurrage Costs Seek Solutions

Importers Face Rising Demurrage Costs Seek Solutions

This article delves into the common issue of demurrage in international trade, distinguishing it from detention fees. It details the calculation methods for demurrage and provides three effective strategies to avoid it. Furthermore, it clarifies the difference between port storage charges and demurrage, explaining the operational principles of the demurrage mechanism. The aim is to assist foreign trade enterprises in effectively controlling costs and improving profitability by understanding and managing these charges.

01/23/2026 Logistics Encyclopedia
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Trump Administration Probes Foreign Influence on US Food Supply Chain

Trump Administration Probes Foreign Influence on US Food Supply Chain

The Trump administration initiated an investigation into price manipulation within the US food supply chain, focusing on key sectors like meat processing, seeds, fertilizers, and equipment, as well as the potential impact of foreign companies. This action aims to address rising food prices, maintain fair market competition, and protect consumer interests. The investigation's findings may reshape the US food industry landscape, prompting the government to strengthen regulations and improve relevant laws. The goal is to ensure a stable and competitive food market for American consumers.

01/08/2026 Logistics Industry Insights
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US Customs Proposes CAIN As EIN Alternative for Foreign Importers

US Customs Proposes CAIN As EIN Alternative for Foreign Importers

Overseas importers can import into the US without a mandatory EIN application by obtaining a CAIN instead. Using a CAIN requires designating a US-based company as the 'Ultimate Consignee.' This article provides a practical guide for overseas importers navigating US customs clearance, aiming to simplify the import process and reduce trade risks. It outlines the key requirements and considerations for utilizing CAIN, ensuring compliance and efficient import operations. This guide is designed to help businesses understand and leverage the CAIN option for smoother US market access.

01/20/2026 Customs Knowledge
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Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica WCO Collaborate to Enhance Central American Trade

Costa Rica's Minister of Foreign Trade met with the WCO Secretary General to discuss trade facilitation, regional integration, and other key issues. Costa Rica emphasized simplifying border procedures, establishing joint border posts, and implementing digital platforms. The WCO recommended establishing a National Trade Facilitation Committee and conducting a Time Release Study. Both parties agreed to strengthen cooperation to improve border management and create a better business environment for companies. The meeting highlighted the commitment to streamline trade processes and promote regional economic growth through enhanced collaboration.

01/20/2026 Customs Knowledge
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Decoding HS Codes: A Core Guide to Import and Export Customs

Decoding HS Codes: A Core Guide to Import and Export Customs

This article discusses the importance and usage techniques of HS Codes in import and export customs declarations. It emphasizes the significance of correct classification and declaration, providing practical examples to enhance understanding. The aim is to offer valuable references and guidance for freight forwarders and foreign trade professionals.

07/18/2025 Logistics Encyclopedia
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Expired Inspection Certificates Disrupt Global Logistics Shipments

Expired Inspection Certificates Disrupt Global Logistics Shipments

This article delves into the impact of commercial inspection validity on shipping deadlines in international logistics, emphasizing the importance of commercial inspection in international trade. It analyzes the varying validity periods for different commodities and the risks associated with exceeding the shipping deadline. Furthermore, it provides practical tips, including advance planning, real-time monitoring, and selecting reliable freight forwarders, to help foreign trade practitioners mitigate risks and ensure compliant and timely delivery of goods. This helps businesses navigate the complexities of international trade and avoid costly delays and penalties.

01/26/2026 Logistics Encyclopedia
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Freight Forwarding Basics Booking and Port Entry Guide

Freight Forwarding Basics Booking and Port Entry Guide

This article is designed for freight forwarding beginners, providing a detailed breakdown of the process from releasing the order to gate-in, along with practical operational advice. Through the analysis of a help case from a newbie freight forwarder named Xiao Ma, it emphasizes the importance of learning, communication, and attention to detail. The aim is to help beginners get started quickly, solve practical problems, and enhance their competitiveness in the industry. It serves as a comprehensive guide to navigate the initial stages of freight forwarding.

08/23/2025 Logistics Encyclopedia
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Namra Introduces AEO Program to Enhance Namibias Trade

Namra Introduces AEO Program to Enhance Namibias Trade

The Namibian Revenue Agency (NamRA) is fully implementing the AEO program to enhance supply chain security, streamline trade processes, and improve business competitiveness. Through pilot verification training and continuous optimization, NamRA is committed to working with businesses to build an efficient and convenient trade environment, promoting national economic prosperity. The AEO program aims to simplify customs procedures for trusted traders, reducing clearance times and costs. This initiative is expected to boost Namibia's trade performance and attract foreign investment.

12/30/2025 Customs Knowledge
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Key Strategies for Crossborder Ecommerce Shipping Success

Key Strategies for Crossborder Ecommerce Shipping Success

This article provides a detailed overview of key points to consider in international express shipping, including documentation preparation, packaging requirements, customs policies, cost control, handling of special items, and selection of courier companies. It aims to assist cross-border e-commerce sellers and foreign trade professionals in ensuring smooth delivery of their shipments.

08/04/2025 Logistics Encyclopedia
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