pound and euro News

Shipping Industry Faces Risks in Customs and Cargo Handling

Container transportation involves multiple parties. This article addresses common issues in freight forwarding consolidation, such as the use of special containers, customs inspection, route selection, HS codes, bill of lading header, customs weight verification, and special delivery methods. The aim is to help freight forwarding companies mitigate risks and ensure the safe and efficient transportation of goods. It provides insights into navigating these complexities and avoiding potential problems during the shipping process.

08/22/2025 Logistics Encyclopedia

Exporters Face Rising Costs From Demurrage and Detention Fees

This article focuses on common issues in export consolidation, such as container free time, demurrage, inspection and re-allocation, providing practical answers and operational advice to help foreign traders avoid risks and ensure smooth shipment of goods. It covers the distinction between container free time and demurrage, strategies for handling inspection and re-allocation, and precautions for cargo entry and consolidation. The aim is to provide a concise guide to navigate the complexities of export consolidation.

08/22/2025 Logistics Encyclopedia

Guide to Ocean Freight Booking Platforms and Risk Management

This article delves into various channels for sea freight booking, including direct carrier logistics, booking agents, and freight forwarders, detailing their respective characteristics, advantages, and disadvantages. It also introduces major domestic booking platforms and provides suggestions for shippers on choosing the optimal booking method. The aim is to help foreign trade enterprises complete bookings efficiently and safely by understanding the different options and platforms available for sea freight.

08/22/2025 Logistics Encyclopedia

Freight Forwarding Guide ISF FROB and Detention Fees Explained

This article provides an in-depth analysis of common issues in freight forwarding customs clearance, such as ISF, FROB, detention fees, and dangerous goods declaration. It offers practical advice to help you efficiently navigate complex processes, reduce logistics costs, and successfully complete import and export operations. The guide aims to equip freight forwarders and importers with the knowledge needed to avoid costly mistakes and ensure smooth transit of goods.

08/22/2025 Logistics Encyclopedia

Risks and Costs of Uncleared Goods in Global Trade

This paper explores the feasibility, risks, and costs associated with pre-arrival of uncleared goods. Operationally feasible, it relies on coordination with customs brokers and carries inspection risks. Cost-wise, pre-arrival and amendment fees may incur additional expenses. We recommend a comprehensive assessment of factors such as cargo nature, customs broker capabilities, and port regulations before making a decision. Careful consideration is advised.

08/22/2025 Customs Knowledge

Shipping Industry Grapples With Missing Cargo and Delivery Errors

Facing cargo shortages, abandoned goods, or unclear destination port information? This article gathers freight forwarding experience to provide solutions for original pre-entry documents. It recommends clearly specifying destination port agent information in confirmation documents. This helps ensure efficient operation of foreign trade logistics by addressing potential issues proactively and improving communication throughout the shipping process. By implementing these measures, businesses can mitigate risks and streamline their export procedures.