Changes in air cargo transportation can be classified into voluntary and involuntary changes. Voluntary changes are usually initiated by the shipper and involve actions such as pre-departure returns, mid-journey stops, and changes of destination. Involuntary changes occur due to the carrier or external factors, with common reasons including flight adjustments and force majeure events.
Flexport's ocean timeliness metrics show that transit times from China to the U.S. West Coast remain at 35 days, while the time to Northern Europe has slightly decreased to 61.1 days, and the East Coast has risen to 55.6 days. This data reflects the dynamic changes in global shipping amid the current complex situation, highlighting the need for businesses to prioritize the management and adjustment of transit times.
This article details how to change a CY-CY (Container Yard to Container Yard) service to SD-CY (Shipper's Door to Container Yard) service on the Maersk online platform. It provides clear step-by-step instructions and FAQs to help users flexibly adjust their transportation plans and ensure timely delivery of goods. The article also reminds users to be aware of potential extra costs associated with Spot bookings when making such changes.
In light of changing trade policies and tariffs, rising inventory costs and warehousing prices compel businesses to rethink their supply chain strategies. This article explores concepts such as diversion integration, push-pull models, multi-channel inventory management, and the use of bonded warehouses, which can enhance financial resilience and supply chain flexibility in the current environment.
U.S. retailers are gradually adapting to the new normal of fluctuating tariff policies, focusing more on market information and supply-demand dynamics to optimize their import strategies and cost management. They enhance supply chain efficiency through effective communication and data analysis, actively responding to the uncertainty in trade.
The White House has postponed the reciprocity tariffs originally set to take effect on July 9 to August 1, increasing uncertainty in the logistics industry. Experts indicate that the new tariff scope may impact consumer prices and urge attention to future economic dynamics. Analysis from S&P Global shows a decline in overall U.S. import tariffs, which is expected to exert a dampening effect on inflation.
This article discusses the significance of HS codes in trade, highlighting that precise classification can enhance compliance and reduce tariff risks. Flexport offers rapid product classification services and aids businesses in optimizing their trade strategies within changing regulatory environments to achieve tax benefits.
This article analyzes the tax rates, declaration elements, and regulatory requirements for the commodity code 1211209210 concerning other dried ginseng, guiding exporters and importers to conduct international transactions more efficiently.
CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.
HS Code 151790 pertains to the tariff classification of other blended edible oils, making it essential for traders to understand the tax implications of this coding. Utilizing the Flexport tariff simulator allows for real-time calculation of tariff impacts, providing businesses with a competitive edge in the market.
