transaction fees News

Delayed Customs Clearance Risks Cargo Backlogs

After foreign trade containers enter the port, although customs doesn't have a mandatory customs clearance deadline, it's recommended to declare as early as possible to avoid demurrage, ensure timely shipment, and address potential inspection risks. Pay special attention to the cut-off time, and ensure release is completed before then. In Yangshan Port, containers usually cannot enter the port without customs clearance, and late declaration may result in additional fees. Early declaration is crucial for smooth and cost-effective export operations.

08/22/2025 Customs Knowledge

Australian Exporters Face Container Shortages Rising Costs

The current container export business to Australia faces multiple challenges, including booking difficulties, rising costs, and increased operational risks. Equipment shortages lead to booking problems, while rising THC (Terminal Handling Charges) increase operating costs for businesses. Inspection and storage fees are also uncertain. Companies should plan bookings in advance, avoid Bill of Lading amendment errors, and arrange cargo storage reasonably to cope with these challenges. Proactive planning and careful execution are crucial for mitigating risks and minimizing potential losses in this dynamic environment.

08/22/2025 Logistics Encyclopedia

Freight Forwarding Experts Share Tips to Avoid Shipping Pitfalls

This article, based on the experience sharing of freight forwarding expert Aries, delves into the selection of trucking fleets in the consolidation shipping process, the interpretation and avoidance of various fees, and how to choose the right freight forwarding company. It aims to help readers better understand the freight forwarding industry, avoid potential risks, and successfully complete international trade transportation tasks. The article provides practical insights and actionable advice for navigating the complexities of international shipping and minimizing unexpected costs.

08/22/2025 Logistics Encyclopedia

Guide to 40GP and 40HC Container Shipping Costs

This article provides a detailed analysis of common 40GP/HC container type fee issues in freight forwarding, along with precautions for depot container pickup. It emphasizes the impact of container type, port, and seal on fees, and differentiates between the concepts of discharge port and delivery location to help freight forwarding professionals avoid pitfalls. The analysis covers various factors influencing costs and provides practical guidance for navigating the complexities of container handling and associated charges within the freight forwarding process.

08/23/2025 Logistics Encyclopedia

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

The LSS (Low Sulfur Surcharge) was introduced in 2015 due to international environmental regulations mandating vessels to reduce emissions in specific areas. The increased cost of using low sulfur fuel has led shipping companies to implement this new fee. Different freight forwarders may quote LSS fees differently, so shippers should clarify this when requesting quotes. Additionally, the LSS surcharge is generally considered part of the ocean freight costs, with varying responsibilities for shippers depending on the terms of the contract.

07/21/2025 Logistics

China Airlines Adjusts Shenzhenkaohsiung Air Freight Rates Schedules

This article provides a detailed overview of key information for air freight from Shenzhen to Kaohsiung, including China Airlines (CI) freight rate references, flight schedules, cost components, and important considerations. It emphasizes the volatility of freight rates, advising confirmation with customer service before booking. It also explains important matters such as dangerous goods restrictions, amendment fees, and packaging requirements. The aim is to help readers better understand the details of air freight from Shenzhen to Kaohsiung and successfully complete their air cargo operations.

09/29/2025 Logistics

Guide to Myanmar Air Cargo and Loikaw Airport Codes

This article details Loikaw Airport (LIW) in Myanmar and its role in air freight. It explains the importance of airport codes and highlights the West Bank Airport Code Inquiry System. This system provides global airport code lookup, airport facilities, warehousing fees, and other information, making it an essential tool for air freight operations. Furthermore, it introduces other practical tools offered by the West Bank Freight Network, such as air freight tracking and airline inquiry, aiming to provide comprehensive support for international freight business.

09/29/2025 Airport Codes

Importers Adopt New Strategies to Cut Demurrage Costs

This paper delves into strategies for avoiding import container detention fees, proposing key tactics such as proactive information management, optimized pickup processes, and enhanced customs clearance efficiency. Through case studies, it emphasizes the importance of advance planning and process optimization in reducing logistics costs. The aim is to assist businesses in effectively managing container turnaround times and improving operational efficiency by minimizing demurrage and detention charges. Effective strategies can significantly impact the overall logistics cost and improve supply chain performance.

09/26/2025 Logistics Encyclopedia

Guide to Key Customs Terms for Global Trade Efficiency

This article provides an in-depth interpretation of key customs terminology in import and export clearance, covering various aspects such as cargo management, inspection, release, guarantees, and late declaration fees. It aims to help readers clearly understand the customs clearance process, communicate effectively, and smoothly complete the procedures, facilitating the smooth flow of goods globally. This includes understanding the various terms and regulations involved in navigating the complexities of international trade and ensuring compliance with all relevant laws and policies.

09/26/2025 Customs Knowledge

Rupali Bank PLC SWIFT Code Guide for Secure Transfers

This article provides a detailed analysis of RUPALI BANK PLC.'s SWIFT/BIC code, RUPBBDDHGCD, and explains its crucial role in international money transfers. It recommends using XE for smarter and more convenient cross-border payments, highlighting better exchange rates, lower fees, and faster transfer speeds. The article also includes a FAQ section and a disclaimer to ensure users are fully informed. It aims to provide comprehensive information regarding RUPALI BANK PLC.'s SWIFT code and its application in facilitating international transactions.

09/04/2025 Exchange Rate Query

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Delayed Customs Clearance Risks Cargo Backlogs

Australian Exporters Face Container Shortages Rising Costs

Freight Forwarding Experts Share Tips to Avoid Shipping Pitfalls

Guide to 40GP and 40HC Container Shipping Costs

Full Analysis: Background, Significance, and Charging Standards of LSS Low Sulfur Surcharge

China Airlines Adjusts Shenzhenkaohsiung Air Freight Rates Schedules

Guide to Myanmar Air Cargo and Loikaw Airport Codes

Importers Adopt New Strategies to Cut Demurrage Costs

Guide to Key Customs Terms for Global Trade Efficiency

Rupali Bank PLC SWIFT Code Guide for Secure Transfers