Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

Ocean Freight Shippers Face Rising COV Charges Experts Advise Negotiation

This article provides a clear explanation of COV (Change of Vessel Fee) in ocean freight forwarding, covering its meaning, causes, and charging standards. It highlights the context in which COV fees arise and advises clients on what to consider when facing this charge. The aim is to help shippers better understand and manage various costs encountered during the ocean freight process. By understanding the reasons behind COV, shippers can better negotiate and plan their shipments, potentially mitigating unexpected expenses.

09/26/2025 Logistics Encyclopedia
Read More
Global Ocean Freight Rates Surge Amid Postpandemic Supply Chain Strains

Global Ocean Freight Rates Surge Amid Postpandemic Supply Chain Strains

Global ocean freight rates are soaring, compounded by port congestion and geopolitical risks, pushing supply chains into uncertainty. This paper analyzes the reasons for the surge in freight rates, including rebounding consumer demand, limited supply capacity, the Red Sea crisis, and labor negotiation risks. It suggests companies adopt strategies such as diversifying transportation, planning ahead, optimizing inventory, establishing strategic partnerships, leveraging technology, and nearshoring to cope with the challenges. The analysis incorporates case studies to help companies navigate the market and maintain stability.

11/03/2025 Logistics Industry Insights
Read More
Canadachina Shipping Key Carrier and Cost Considerations

Canadachina Shipping Key Carrier and Cost Considerations

This report provides a detailed analysis of major Canadian sea freight companies, including FedEx, UPS, DHL, Canada Post, and CanJet. It explores key factors influencing sea freight prices for 30kg shipments, such as shipping company, destination port, cargo type, and transit time. The report offers a reference range for freight rates and provides professional advice on selecting a suitable sea freight company. It aims to provide valuable decision-making support for participants in Sino-Canadian trade.

12/30/2025 Logistics
Read More
Nanjing To Tel Aviv Air Freight Price Analysis

Nanjing To Tel Aviv Air Freight Price Analysis

The air freight prices from Nanjing to Tel Aviv vary seasonally. The reference rates include multiple types of cargo, but it's important to note that real-time customs and documentation fees apply. This shipment is carried out by Silk Road Western Airlines, and specific flight information and transit details will be confirmed at the time of booking.

07/21/2025 Logistics
Read More
Shippers Face Rising Container Repair Costs Mitigation Tips

Shippers Face Rising Container Repair Costs Mitigation Tips

This article highlights the importance of purchasing the "Container Unlimited Guarantee" service, aiming to help cargo owners avoid the risk of excessive repair costs due to container damage. It is recommended to purchase this service when booking ocean freight, and no later than 10 days before the estimated arrival date, to ensure full cargo protection and avoid additional financial losses. This guarantee mitigates risks associated with container damage during transit, offering peace of mind and financial security to shippers.

09/28/2025 Logistics Encyclopedia
Read More
Global Trade Boosted by Integrated Sealand Transport Solutions

Global Trade Boosted by Integrated Sealand Transport Solutions

Currently, inland transportation services cannot be booked independently; they must be combined with ocean freight services to form a sea-land transportation solution. Sea-land transportation simplifies logistics management, improves transportation efficiency, and reduces costs. Standalone ocean freight services, however, offer flexible booking options to meet diverse needs. This integrated approach provides a comprehensive solution while allowing for individual ocean freight when required, catering to different logistical requirements and optimizing the overall supply chain.

09/28/2025 Logistics Encyclopedia
Read More
Wuhan To Chengdu Special Freight Train Service Launched: Rail-water Combined Transport Enhances Efficient Logistics

Wuhan To Chengdu Special Freight Train Service Launched: Rail-water Combined Transport Enhances Efficient Logistics

The special freight train from Wuhan to Chengdu has officially commenced operation, utilizing intermodal transport to overcome the transportation bottleneck at the Three Gorges Dam, reducing the transit time to two days. This collaborative model enhances logistics efficiency, minimizes intermediaries, and lowers transportation costs, contributing to regional economic development.

07/18/2025 Logistics
Read More
Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Understanding Free Detention: The Value and Significance in Ocean Freight Containers

Free Detention is a period in international shipping during which the cargo owner can use the container without charge, typically lasting for 7 days. Exceeding this period incurs detention fees. Understanding Free Detention and the methods for applying for extensions is crucial for cargo owners to effectively manage transportation costs. The collection of detention fees aims to enhance the utilization of containers and prevent cargo owners from monopolizing them.

07/21/2025 Logistics Encyclopedia
Read More
Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
Read More