Customs Agencies Expand Role in Revenue Security Efforts

Customs Agencies Expand Role in Revenue Security Efforts

The article explores the importance of revenue collection as a core function of customs and how, with social development, the role of customs has expanded to include anti-counterfeiting, anti-terrorism, and environmental protection. Customs faces both challenges and opportunities in balancing these new tasks with traditional responsibilities.

Freight Industry Urges Concealed Damage Insurance Adoption

Freight Industry Urges Concealed Damage Insurance Adoption

Hidden damage coverage provides protection for transported goods, addressing damage that may not be immediately detected during transit. As a crucial component of cargo transportation insurance, it aids businesses in mitigating potential losses and ensuring safe management of goods after delivery, making it an essential safeguard in modern trade.

Nagoya Port Boosts Efficiency Safety and Sustainability

Nagoya Port Boosts Efficiency Safety and Sustainability

The Nagoya Port Authority is committed to providing efficient, safe, and sustainable port services that encompass various aspects such as port construction, facility management, operational authorization, and community responsibility. We drive economic growth through excellent management capabilities while actively promoting the integration of environmental protection and social responsibility.

Freight Forwarding vs. Logistics: Key Differences in Global Trade

Freight Forwarding vs. Logistics: Key Differences in Global Trade

This article explores the differences between freight forwarding and logistics, as well as how freight forwarders operate. Freight forwarders are agents in the shipping process and are not actual carriers; they primarily handle booking and customs declaration. There are tier 1 and tier 2 freight forwarders, each with different qualifications and invoicing capabilities. Although tier 1 forwarders might have some booking rights, they are not always the best choice in terms of pricing and service. The role of freight forwarders is crucial, and shippers should select the right forwarder based on their needs.

Global Trade Risks Rise Without Original Bills of Lading

Global Trade Risks Rise Without Original Bills of Lading

This article delves into the definition, high-risk regions, preventive measures, and response strategies related to 'Delivery without Original Bill of Lading' in international trade. It aims to help foreign trade enterprises mitigate risks, protect their rights, and avoid the predicament of losing both goods and payment. The importance of selecting appropriate trade terms, carefully choosing freight forwarders, strictly adhering to operational procedures, and purchasing export credit insurance is emphasized. Furthermore, it provides effective methods for dealing with 'Delivery without Original Bill of Lading' incidents after they occur.

Guide to Bills of Lading and Delivery Orders in Global Shipping

Guide to Bills of Lading and Delivery Orders in Global Shipping

This article provides an in-depth analysis of the key differences between the Bill of Lading (B/L) and the Delivery Order (D/O) in international ocean shipping. It clarifies their respective functions, usage scenarios, and property rights attributes. The paper details the cargo release process from B/L to D/O and offers practical operational considerations, aiming to help readers understand the ocean shipping cargo release process, avoid delays and losses. It highlights the importance of understanding the nuances of each document for smooth and efficient international trade.

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.

US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

US Dockworkers Maritime Alliance Agree on Sixyear Labor Deal

The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative six-year agreement, aiming to ensure labor stability at East Coast and Gulf Coast ports. A key focus is balancing automation advancement with workers' rights, averting potential strike disruptions. The agreement's ratification and implementation will significantly impact the supply chain. Continued collaboration between the ILA and USMX is crucial for achieving mutual benefits and fostering a stable and efficient port environment. This agreement is a significant step towards ensuring supply chain resilience.

11/03/2025 Logistics
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