FOB Airport Pricing Key to Mitigating Air Freight Risks

FOB Airport Pricing Key to Mitigating Air Freight Risks

This article provides an in-depth analysis of FOB Airport Price in international air freight, clarifying its price composition, risk transfer mechanisms, and the division of responsibilities between buyers and sellers. By comparing it with traditional FOB, the article highlights the unique application of FOB Airport Price in air freight trade. The aim is to help practitioners mitigate trade risks and ensure smooth transactions. It covers key aspects like price calculation, responsibilities of each party involved, and potential pitfalls to avoid when using this specific trade term.

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

Asiapacific Strengthens Trade Oversight with Customs and Pricing Reforms

The World Customs Organization, in collaboration with the OECD and the World Bank Group, held an Asia-Pacific seminar focusing on the nexus between customs valuation and transfer pricing. The conference emphasized the need for enhanced information sharing and collaborative supervision between tax and customs authorities to address challenges posed by related-party transactions. This aims to improve cross-border trade compliance, enhance tax collection efficiency, and build a more efficient cross-border trade regulatory system. The discussions highlighted practical approaches and best practices for effective collaboration.

Guide to Filing Air Freight Claims for Global Traders

Guide to Filing Air Freight Claims for Global Traders

Losing goods in international air freight is a common issue in foreign trade. This guide provides a comprehensive claims strategy, covering urgent verification, determination of liability, material preparation, claim submission, compensation standards, dispute resolution, and key points to avoid pitfalls. It aims to help foreign traders efficiently handle claims and recover losses. It details the necessary steps to take when cargo goes missing, how to identify the responsible party, gather the required documentation, and navigate the claims process to maximize the chances of successful compensation.

Guiyang Airport Emerges As Key Aviation Hub in Western China

Guiyang Airport Emerges As Key Aviation Hub in Western China

Guiyang Longdongbao International Airport, a vital aviation hub in Southwest China, is boosting Guizhou's opening-up and local economic development through continuous infrastructure improvements and route network expansion. The airport's second-phase expansion is complete, and the third-phase is planned, aiming to establish it as a significant hub airport in the western region. This will inject new vitality into Guizhou's economic and social progress. The airport plays a crucial role in connecting Guizhou with the rest of the world and facilitating trade and tourism.

US Postal Service Reports Q3 Losses Despite Revenue Growth

US Postal Service Reports Q3 Losses Despite Revenue Growth

The USPS reported a slight revenue increase but a larger net loss in its third-quarter earnings. Declining mail volume and high operating costs are the primary drivers. To address these challenges, the USPS needs to expand into new business areas, improve its technology, and strengthen partnerships. The company is facing pressure to adapt to changing consumer habits and modernize its infrastructure to ensure long-term financial stability. Business transformation is crucial for the USPS to remain competitive and meet the evolving needs of its customers.

Amazon Prime Event Drives Billion Orders Seller Costs Rise

Amazon Prime Event Drives Billion Orders Seller Costs Rise

Amazon's 'Prime Early Access Sale' saw over 100 million orders, but sales were only a third of Prime Day's. Increased fulfillment costs during peak season are exacerbating cost pressures for sellers, while price wars are eroding profit margins. To address these challenges and achieve sustainable growth, sellers need to refine operations, optimize supply chains, differentiate product selection, expand channels, and prioritize inventory management. Focusing on these areas will be crucial for navigating the complexities of the market and maintaining profitability during peak seasons and beyond.

Truck Driver Shortage Drives Up Freight Labor Costs

Truck Driver Shortage Drives Up Freight Labor Costs

According to the American Trucking Associations, the driver turnover rate at large truckload carriers surged to 92% in the third quarter, while smaller carriers reached 74%. Less-than-truckload (LTL) remained relatively stable at 14%. This high turnover reflects challenges in the freight market, including driver shortages and increased competition. Companies need to actively address these issues to ensure supply chain stability and mitigate the impact of driver attrition on their operations. Addressing driver retention is crucial for maintaining service levels and profitability in the current environment.

01/21/2026 Logistics
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USPS Struggles to Implement Decadelong Reform Plan

USPS Struggles to Implement Decadelong Reform Plan

The United States Postal Service (USPS) faces significant financial challenges, with third-quarter losses widening to $3 billion. Despite revenue growth, performance varied across different business units. In response, the USPS launched the 'Delivering for America' ten-year reform plan, aimed at achieving financial self-sufficiency and improving service quality. The plan faces challenges such as execution risks and market competition, but also opportunities including e-commerce growth and government support. The success of this plan is crucial for the future of the USPS.

01/19/2026 Logistics
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XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics filed a Form 10 registration statement with the SEC, signaling the countdown to the listing of its spin-off logistics business, GXO Logistics. GXO will focus on contract logistics, leveraging technological innovation to provide efficient supply chain services. XPO will concentrate on its transportation business, solidifying its industry leadership. The spin-off is expected to be completed in the third quarter, creating new development opportunities for both companies. This strategic move allows each entity to pursue focused growth strategies in their respective sectors.

01/19/2026 Logistics
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Freight Carriers Face Overcapacity As Economy Shifts Q3 Report

Freight Carriers Face Overcapacity As Economy Shifts Q3 Report

The TD Cowen/AFS Third Quarter Freight Index report reveals how carriers are navigating challenges like excess capacity and declining rates. The report analyzes costs, demand, and policy impacts across truckload, parcel, and LTL transportation, while also looking ahead to future trends. Digital transformation and intelligent upgrades are identified as inevitable developments within the freight industry. This report provides insights into the current state and anticipated evolution of the freight market, highlighting the need for adaptation and innovation to thrive in a changing landscape.