Chittagong is the largest seaport in Bangladesh and a core driver of the country's economic development. With its strategic location, advanced port facilities, and continuously growing trade volume, Chittagong has become a key gateway connecting the world with Bangladesh and even South Asia, offering abundant investment opportunities for global traders. Seize the opportunity and invest in South Asia. Chittagong is a choice you cannot miss.
This article provides a detailed and easy-to-understand introduction to the operational process of international ocean freight FCL, covering key steps such as booking, container pickup, loading, customs declaration, consolidation at the port, and vessel loading. It also shares important considerations during the ocean freight process. The aim is to help foreign trade beginners quickly grasp ocean freight knowledge and improve their operational skills.
Alashankou Customs has significantly improved port clearance efficiency, reduced corporate operating costs, and promoted rapid growth in import and export trade by implementing customs clearance facilitation measures such as 'self-declaration and self-payment' and 'aggregate tax payment'. Data shows that the port's cargo volume and total value both achieved significant growth in January and February this year, demonstrating the remarkable effectiveness of customs clearance facilitation reforms.
COSCO Shipping launched the "Wuhan-Xiamen-Europe" rail-sea intermodal train service, providing a more convenient and efficient European trade channel for enterprises in central China. This route, through port-shipping coordination, significantly shortens transportation time and reduces logistics costs, boosting economic development in Wuhan and surrounding areas. It also enhances COSCO Shipping's influence in the middle and upper reaches of the Yangtze River.
This article explores the definition of customs exemption nature codes and their significant role in customs tax management. The exemption nature codes are divided into five parts, encompassing statutory taxation, tax exemptions, and specific regional import policies. Through classification, standardization, and analysis, these codes provide crucial support for the management of customs automation systems and tax databases, significantly impacting the optimization of import and export processes for enterprises.
Road transportation, a crucial component of the supply chain, connects various links through full truckload (FTL) and less-than-truckload (LTL) shipping. Optimizing road transportation requires selecting suitable partners, optimizing routes, implementing tracking, adopting automation technologies, and strengthening collaboration. Digital technologies such as IoT, Big Data, AI, and Blockchain are driving road transportation towards intelligent, green, and sustainable development. These advancements improve efficiency, reduce costs, and enhance overall supply chain resilience.
An Asendia report reveals that 72% of global retailers anticipate international sales growth by 2025, despite challenges like tariffs. Chinese retailers are the most optimistic, while UK retailers are more focused on AI and automation. Although cross-border e-commerce presents both challenges and opportunities, the overall outlook remains positive. The report highlights the continued importance of international expansion for retailers seeking growth in a dynamic global market.
With the support of the Municipal Port Authority and Customs, Qingdao Airport has established an efficient 'air-to-air transfer' cargo system. By July, the throughput of international and domestic cargo and mail grew by 81%, achieving a 29.34% increase in domestic cargo volume and a 2.1% increase in international cargo volume. Qingdao Airport connects logistics companies through high-quality services, promoting the efficient development of air freight.
In 2024, the number of maritime and railway intermodal trains operating on the New Western Land-Sea Corridor exceeded 2,000, a year-on-year increase of 16.8%, supporting regional economic development. Guangxi Beibu Gulf International Port Group actively promotes the marine economy, leading to a significant increase in train transport demand. The goal is to operate 10,000 trains throughout the year, laying the foundation for facilitating a dual circulation market.
Norfolk International Terminal (NIT) is a key port in Virginia, USA, featuring 6,630 berths and a depth of 50 feet to accommodate large vessels. NIT's layout includes southern, northern, and central rail terminals, providing efficient transportation services to meet the growing market demand. Through multiple expansions and facility upgrades, NIT has excelled in container handling capacity and rail transport, establishing itself as a central hub for regional logistics.
