Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Incoterms® are standard terms used in international trade that define the obligations, costs, and risks associated with the delivery of goods for both sellers and buyers. This article provides an in-depth exploration of the current Incoterms® 2020 version, explaining its applicable terms and significance. Understanding these terms helps businesses conduct transactions efficiently and accurately in the international market.

07/24/2025 Logistics Encyclopedia
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Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

Price War in The Express Delivery Industry In-depth Analysis of Jitu's Market Disruption

The entry of STO Express has triggered a price war in the express industry, putting existing players in a dilemma. Although express companies are responding to competition through capital investment and cost leadership strategies, the rapid market growth and the impact of new entrants make it difficult for traditional business models to endure. In the future, service differentiation will be a key direction for the express industry to return to reasonable profits.

07/23/2025 Logistics
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The Asset-laden Dilemma of Cross-border E-commerce Logistics and Future Development Challenges

The Asset-laden Dilemma of Cross-border E-commerce Logistics and Future Development Challenges

Cross-border e-commerce logistics face challenges due to the influence of the fully managed model, particularly a shortage of air transport capacity. While e-commerce platforms aim for light asset operations, logistics providers must undertake heavy asset investments. In the future, the industry needs to coordinate resources from all parties to achieve sustainable development.

07/23/2025 Logistics
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Rail Logistics Financial Services Upgraded to Support High-quality Development of the Real Economy

Rail Logistics Financial Services Upgraded to Support High-quality Development of the Real Economy

China Railway Group has partnered with China Construction Bank to launch a pilot program for railway logistics financial services. The initiative introduces three financial products: 'Railway Freight Loan', 'Letter of Credit Settlement', and 'Railway Document Financing', aimed at reducing logistics costs and supporting the development of the real economy. The pilot will cover regions including Sichuan, Chongqing, Yunnan, Guangxi, and Hubei, benefiting various market participants.

07/23/2025 Logistics
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Amazon And The Future Of Fullservice Models New Opportunities And Challenges In Crossborder Logistics

Amazon And The Future Of Fullservice Models New Opportunities And Challenges In Crossborder Logistics

This article explores the current implementation status and challenges of Amazon's fully-managed model, analyzing how e-commerce platforms like TEMU have succeeded through such services. It also highlights future trends and types of development for cross-border logistics companies, emphasizing the importance of seizing opportunities in an increasingly competitive market.

07/23/2025 Logistics Industry Insights
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How To Accurately Calculate The Verified Gross Mass Of Cargo To Ensure Vessel Safety

How To Accurately Calculate The Verified Gross Mass Of Cargo To Ensure Vessel Safety

Verified Gross Mass (VGM) refers to the total weight of cargo including its packaging and container, playing a crucial role in ensuring cargo safety. Shippers must provide accurate VGM as required by SOLAS, using either weighing methods or component weighing methods to avoid loading delays and safety risks. Accurate VGM not only protects the interests of shippers but also upholds the overall safety of the shipping industry.

11/30/-0001 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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