Global Shipping Firms Adopt Costsaving Payment Strategies

Global Shipping Firms Adopt Costsaving Payment Strategies

International ocean freight payments, especially for high-value shipments, carry inherent risks. This paper details the choice between prepaid and collect freight, the application of telegraphic transfers (TT) and letters of credit (LC), and provides seven key considerations for high-value freight payments. These include reviewing fee details, ensuring payment security, mitigating exchange rate risks, selecting reliable partners, ensuring legal compliance, and optimizing costs. This guide helps you complete payments safely and efficiently, avoiding unnecessary losses in international trade.

01/23/2026 International Settlement
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Global Shipping Costs Key Fees and Surcharges Explained

Global Shipping Costs Key Fees and Surcharges Explained

International shipping costs mainly consist of three core components: ocean freight, origin port charges, and destination port charges. Additional surcharges may apply in specific circumstances. This article provides a detailed analysis of the composition, calculation methods, and influencing factors of each cost component. It aims to help businesses better control expenses and optimize their logistics solutions by understanding these costs and their drivers.

01/15/2026 Logistics Encyclopedia
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The Money-Saving Secret Unknown to 90% of Shippers

The Money-Saving Secret Unknown to 90% of Shippers

This article examines the "self-haulage, self-declaration, self-delivery to port" model in ocean freight. Shippers delegate these tasks to specialized partners to streamline costs and enhance service. Under FOB terms, they prefer their own forwarders or carriers over consignee-nominated agents, avoiding premium charges and subpar service.

07/14/2025 Logistics Encyclopedia
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Flexport Data Reveals Global Shipping Delays

Flexport Data Reveals Global Shipping Delays

The Flexport Ocean Timeliness Indicator (OTI) is a crucial tool for measuring global ocean freight stress. It tracks containers from factory to destination port, providing weekly data for Transpacific and Far East routes. By analyzing the OTI and its First Mile Index, businesses can understand current ocean shipping conditions, forecast future trends, optimize supply chain strategies, and improve decision-making efficiency. The OTI offers valuable insights into the complexities of ocean freight, enabling proactive responses to potential disruptions and enhancing overall supply chain resilience.

11/03/2025 Logistics Industry Insights
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Flexport Helps Firms Overcome Supply Chain Disruptions

Flexport Helps Firms Overcome Supply Chain Disruptions

Facing supply chain challenges posed by Brexit and the pandemic, Flexport offers smart and efficient logistics solutions through its technology platform and expert team. Its ocean freight, air freight, tracking tools, and customs brokerage services help businesses optimize their supply chains, reduce costs, and improve efficiency, ultimately driving global trade growth. Flexport empowers businesses to navigate complex international logistics landscapes and achieve greater resilience in the face of disruption.

11/03/2025 Logistics
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US Launches Platform to Track Bulk Shipping Rates

US Launches Platform to Track Bulk Shipping Rates

The official US bulk cargo ocean freight rate inquiry platform provides authoritative, accurate, and comprehensive freight rate information, covering major global ports and routes, and supporting various ship types and cargo types. The platform is easy to operate and updated regularly, helping you to grasp market dynamics in real-time, optimize transportation costs, and enhance competitiveness. It offers reliable data for informed decision-making in the bulk shipping industry.

01/16/2026 Logistics
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Uschina Shipping Costs Surge Amid Trade Shifts

Uschina Shipping Costs Surge Amid Trade Shifts

This article provides an in-depth analysis of the various cost components of US-China ocean freight, covering container and bulk cargo transportation methods, route selection, weight and volume calculations, bunker adjustment factors (BAF), and other related fees. It also offers current market price references and recommends contacting shipping companies or freight forwarders directly for accurate quotes. This aims to help businesses optimize their logistics plans and reduce transportation costs.

01/26/2026 Logistics
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Maritime Exporters Adopt Efficient Container Handling Practices

Maritime Exporters Adopt Efficient Container Handling Practices

This article provides a detailed analysis of three key stages in ocean freight exports: container pick-up, loading, and return. It covers specific operating procedures, critical points to consider, and associated costs. Understanding this knowledge helps improve the efficiency and safety of cargo transportation, offering practical operational guidance for exporters.

09/16/2025 Logistics Encyclopedia
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