Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.

09/26/2025 Logistics Encyclopedia
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Key Shipping Terms Like Laycan Help Mitigate Industry Risks

Key Shipping Terms Like Laycan Help Mitigate Industry Risks

LAY/CAN is a crucial clause in a charter party, defining the period within which a vessel must arrive at the loading port. Understanding its meaning and function helps charterers protect their rights and shipowners fulfill their obligations, thereby regulating the shipping market and mitigating potential risks. This article provides an in-depth analysis of LAY/CAN and compares it with Shipment Date and Late Come, aiming to enhance your knowledge of shipping practices. It is essential for navigating the complexities of charter agreements and minimizing disputes related to vessel arrival and cargo loading timelines.

09/26/2025 Logistics Encyclopedia
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Global Shipping Industry Strengthens Cargo Declaration Safety Measures

Global Shipping Industry Strengthens Cargo Declaration Safety Measures

This report delves into the booking compliance review and physical inspection measures adopted by shipping companies to ensure the safe transportation of goods. It emphasizes the responsibilities and obligations of shippers and proposes strengthening collaboration across all links in the supply chain. The aim is to build a safer and more efficient shipping system, ensuring the smooth flow of global trade. By focusing on proactive measures and shared responsibility, the report advocates for a holistic approach to mitigating risks and enhancing overall shipping security.

09/28/2025 Logistics
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Amazon Refurbished Listings Face Compliance Risks

Amazon Refurbished Listings Face Compliance Risks

Refreshing Amazon listings can give products a 'new look,' but it comes with risks. This article reveals potential issues like failed merging, infringement complaints, insufficient traffic, and account suspension. It emphasizes the importance of compliant operations and advises sellers to be cautious about refreshing listings. Avoiding violations is crucial to prevent account termination. While tempting, the potential downsides of listing refresh should be carefully considered to ensure long-term success and avoid penalties from Amazon.

12/29/2025 Logistics Industry Insights
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Aviation Industry Advances Safety Through Internal Auditing

Aviation Industry Advances Safety Through Internal Auditing

This article provides a comprehensive analysis of the knowledge system, practical skills, and key elements for competence improvement in aviation internal auditing. It covers an overview of aviation internal auditing, international aviation audit regulations and standards, audit project elements, audit methodologies, auditor competence, and maintaining auditor competence. The aim is to help readers become qualified aviation internal auditors and safeguard aviation safety. The article provides a solid foundation for understanding the complexities of aviation auditing and its crucial role in ensuring operational efficiency and regulatory compliance.

12/30/2025 Logistics Encyclopedia
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Navigating The Challenges Of Unreliable Ocean Freight Strategies And Solutions For Enhancing Supply Chain Resilience

Navigating The Challenges Of Unreliable Ocean Freight Strategies And Solutions For Enhancing Supply Chain Resilience

This paper analyzes the current reliability crisis faced by the maritime industry and its impact on shippers' financial resilience, operations, and reputation. It offers effective strategies for addressing these challenges, including data evaluation of logistics partners, advanced planning, and technology investment, to help businesses enhance the resilience and transparency of their supply chains.

07/23/2025 Logistics
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Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
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