Understanding Backdated Bills of Lading and Risk Management Strategies

Understanding Backdated Bills of Lading and Risk Management Strategies

A backdated bill of lading refers to a document issued by the carrier, stating a date earlier than the actual shipment date, upon the shipper's request after the goods are loaded. This practice is often used to meet letter of credit requirements but carries risks, such as banks rejecting documents due to excessive backdating. Understanding the risk management associated with backdated bills of lading is essential for successfully completing transactions.

07/28/2025 Logistics Encyclopedia
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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Characteristics and Structural Requirements of Container Forklifts

Characteristics and Structural Requirements of Container Forklifts

The container forklift is a specialized loading and unloading machine widely used at container terminals and yards, primarily for stacking empty containers. It offers advantages such as maneuverability, cost-effectiveness, and versatility. However, it also has drawbacks like wide aisle requirements, structural limitations, and visibility obstructions during operation. Its design must meet specific construction requirements to ensure safety and adaptability.

07/17/2025 Logistics Encyclopedia
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Free Template Eases Customs Process for Import Returns

Free Template Eases Customs Process for Import Returns

To simplify the process of returning imported goods, businesses can download a free "Direct Return of Imported Goods Form" template to quickly generate customs-compliant return applications. We also offer professional customs clearance and inspection services to help businesses complete the return process efficiently and conveniently. This streamlines the return of goods, saving time and resources for businesses dealing with returned imports.

08/21/2025 Document Interpretation
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Understanding the Release and Handover Process of International Shipping Containers

Understanding the Release and Handover Process of International Shipping Containers

This article provides a detailed analysis of container release and handover procedures in international shipping, emphasizing the basis for handover, division of responsibilities, and specific formalities for import, export, and empty containers. Through comprehensive explanations of processes for container agents, cargo parties, and carriers, it aims to give readers a thorough understanding of the importance and operational requirements of container operations in international shipping.

07/15/2025 Logistics Encyclopedia
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China Cargo Airlines Expands Hazardous Goods Transport at Hangzhou

China Cargo Airlines Expands Hazardous Goods Transport at Hangzhou

Air China Cargo's Hangzhou Operating Base has successfully expanded its inbound truck dangerous goods business, with the first shipment of Class 9 dangerous goods arriving smoothly. This breakthrough overcomes the restriction of not allowing dangerous goods to be loaded on inbound trucks in Zhejiang Province, enhances the base's service capabilities, optimizes the regional cargo structure, and provides a reference for other regions. This development is expected to increase the Hangzhou base's influence in the East China market.

09/26/2025 Logistics
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Analysis of Container Issuance and Handover Process in International Shipping

Analysis of Container Issuance and Handover Process in International Shipping

This article provides a detailed analysis of the issuance and handover process of international shipping containers. It elaborates on the basis for responsibility allocation, the processes for retrieving and handing over import and export full containers, as well as the procedures for issuing and handing over empty containers. Understanding these processes is crucial for relevant entities involved in international trade, as it helps ensure smooth and efficient logistics.

07/18/2025 Logistics Encyclopedia
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Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

Understanding COV Fees in Ocean Freight Forwarding: An Insight into Change of Vessel Fee

COV (Change of Vessel Fee) is a common charge in maritime freight forwarding, typically around 200 RMB per instance. This fee applies in cases where changes to the vessel are required due to customer reasons, helping to prevent empty cargo holds during voyages. Understanding the background and implications of change of vessel fees can assist customers in making more efficient arrangements for cargo transport and avoid unnecessary costs.

07/16/2025 Logistics Encyclopedia
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Freight Forwarder Shares Expert Tips for Smooth Customs Clearance

Freight Forwarder Shares Expert Tips for Smooth Customs Clearance

This article, based on the experience sharing of seasoned freight forwarders, delves into common issues in container import and export processes. It covers aspects such as customs declaration, commodity inspection, free time, empty container handling, and manifest amendments. The aim is to help businesses mitigate risks, improve efficiency, and reduce logistics costs. It provides practical insights into navigating the complexities of international container shipping and optimizing supply chain operations.

08/23/2025 Logistics Encyclopedia
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Shippers Adapt to VGM Cutoff Challenges in Freight Industry

Shippers Adapt to VGM Cutoff Challenges in Freight Industry

This article analyzes the common problems caused by early VGM cut-off times, leading to cargo failing to be loaded on schedule. It proposes strategies such as negotiating with freight forwarders and adjusting shipping schedules to mitigate these issues. The importance of advance planning and thorough communication is emphasized to help foreign trade enterprises effectively cope with such unexpected situations. By proactively addressing VGM cut-off deadlines and maintaining open lines of communication, businesses can minimize disruptions and ensure timely shipment of goods.

08/22/2025 Logistics Encyclopedia
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