Understanding the Concept of Containerization in Shipping
This article analyzes the concept of 'container space' in maritime liner shipping and its application in international freight forwarding, focusing on optimizing resources and reducing costs.
Strategies and Approaches to Enhance Third-party Logistics Efficiency
Amid intensifying global economic competition, enterprises must enhance third-party logistics (3PL) efficiency to boost competitiveness. Efficiency assessment spans economic, technical, and social dimensions. By leveraging resources, integrating social assets, developing talent, and advancing IT applications, companies can achieve significant efficiency gains. Implementing low-input, high-yield 3PL models enables rapid market adaptation and sustainable growth.
Transpacific Shipping Rates Drop but Stay Above 2022 Levels
Although the trans-Pacific ocean freight container rates are on a downward trend, they remain approximately $1,000/FEU higher compared to the same period last year. The calm period after the Spring Festival has led to a price decline, and it is expected that as service models return to normal, contract rates will decrease.
Two Major Freight Rail Lines in Chongqing Set to Resume Operations
Chongqing plans to restore freight services on the Yuli Railway and the Yugu Railway to enhance transportation efficiency, with the entire line expected to be operational by 2032.
Customs Duty Reassessment Rules and Compliance Strategies Explained
This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.