Guide to Customs Declarations for Global Trade

Guide to Customs Declarations for Global Trade

This article introduces the English expressions for various customs declarations, including export and import declarations. It also covers common terminology related to customs clearance, such as customs broker and customs inspection. The aim is to facilitate a better understanding of the customs clearance process in international trade. This resource provides a valuable overview of key documents and terms essential for navigating the complexities of international shipping and trade regulations.

09/26/2025 Customs Knowledge
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International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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Comprehensive Analysis of Customs Clearance Terminology Essential Knowledge for Optimizing Import and Export Processes

Comprehensive Analysis of Customs Clearance Terminology Essential Knowledge for Optimizing Import and Export Processes

This article provides a detailed analysis of key terms and their meanings in customs clearance, assisting import and export practitioners in understanding the customs supervision mechanism. It aims to improve operational efficiency and ensure compliance. The content covers various aspects including cargo management supervision, inspection processes, release standards, and product classification.

07/24/2025 Customs Knowledge
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Freight Forwarding A Beginners Guide to Industry Mastery

Freight Forwarding A Beginners Guide to Industry Mastery

Freight forwarding newcomer Claudechen27 shares experience on Shipment Master, covering areas like processing trade, shipping company inquiries, and port terminology interpretation. He actively engages and helps others, demonstrating solid business skills and a thirst for knowledge. The article emphasizes the importance of actively participating in industry exchanges, continuously learning, and summarizing experience, providing a valuable reference for freight forwarding newcomers. It highlights practical tips and insights gleaned from real-world application, encouraging new professionals to actively engage and contribute to the industry.

08/22/2025 Logistics Encyclopedia
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Mediterranean Shipping Company's Strategic Acquisitions and Shipping Development

Mediterranean Shipping Company's Strategic Acquisitions and Shipping Development

Mediterranean Shipping Company (MSC) has recently undertaken a series of ship acquisitions to strengthen its position in the shipping market. The acquisitions include a container ship built in 2001 and a bulk carrier with a capacity of 8,236 TEU. MSC also acquired a 49% stake in the Messina Group, marking its entry as a minority shareholder. These moves reflect MSC's strong commitment to its shipping business while laying a foundation for future growth.

07/22/2025 Logistics Industry Insights
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Guide to Container Essentials for Freight Forwarders

Guide to Container Essentials for Freight Forwarders

This article provides a comprehensive analysis of container knowledge in the field of foreign trade freight forwarding. It covers common container specifications, nicknames, weights, related terminology, and operational procedures. From dimensions and volumes to specialized terms, it helps you gain a deep understanding of the world of containers and enhance your professional capabilities in foreign trade freight forwarding. It aims to improve your understanding of container types, sizes, and the terminology used when dealing with containerized cargo.

08/22/2025 Logistics Encyclopedia
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Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

The merger between global shipping giants China COSCO Shipping Group and China Shipping is gaining approval and may reshape the shipping market landscape. Meanwhile, France's CMA CGM is planning to acquire Neptune Orient Lines, seeking regulatory approval. As the dynamics among the four major shipping alliances change, market competition is expected to intensify, especially on Asia-Europe routes. Overall, the shipping industry remains in a downturn, and the outlook is not optimistic.

07/21/2025 Logistics
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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