Global Trade Trends in Precious Metals Under HS Code 71

Global Trade Trends in Precious Metals Under HS Code 71

This article analyzes the various classifications of precious metals and related materials covered by HS Code 71, including unrefined metals, semi-finished products, precious metal ashes, and waste. By incorporating information on export tax rebate rates, the aim is to help readers better understand the importance and operational details of precious metals trade.

Gunsan Port Emerges As Key Logistics Hub in South Korea

Gunsan Port Emerges As Key Logistics Hub in South Korea

Gunsan Port is a vital logistics hub on South Korea's west coast, accounting for 25% of the annual throughput in the region. The port has natural harbor conditions and serves multiple shipping routes. It has implemented an electronic customs clearance system to drive the transformation of global supply chains and enhance the regional economic status.

Innovative Green Choices in Express Packaging Materials and Sustainability Analysis

Innovative Green Choices in Express Packaging Materials and Sustainability Analysis

This paper analyzes the traditional issues of express packaging materials and the application of new materials. Conventional paper and plastic materials have evident flaws that fail to meet the demands of sustainable development. After research, we propose the use of carbon fiber for the outer shell of express boxes and PVC spunbond as internal shock-absorbing materials, offering a green and recyclable packaging solution aimed at exploring new pathways for the sustainable development of the express industry.

07/24/2025 Logistics
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Freight Forwarders Face Rising Compliance Risks in Bills of Lading

Freight Forwarders Face Rising Compliance Risks in Bills of Lading

Handling freight forwarder bills of lading requires caution. Ensure information matches the master bill of lading and avoid unauthorized modifications. Consult shipping company policies for telex releases. In case of unauthorized cargo release, take appropriate actions based on the bill of lading type. Accurate tally information is crucial; timely corrections prevent future issues. Compliance is key to ensuring smooth cargo transportation and mitigating potential risks associated with freight forwarding operations. Following best practices and adhering to regulations are essential for avoiding complications and ensuring successful delivery.

Telex Release Bills of Lading Managing Risks in Sea Freight

Telex Release Bills of Lading Managing Risks in Sea Freight

This paper delves into the surrendered Bill of Lading (B/L) in ocean freight, outlining its advantages and risks. It details the operational procedures and provides risk prevention measures. The emphasis is on making rational choices regarding the surrender method, comprehensively considering the cargo value, the consignee's reputation, and the regulations of the destination port. This aims to achieve a balance between trade efficiency and risk control when using surrendered B/Ls in international transactions.

Flexitanks Gain Popularity in Liquid Bulk Shipping for Cost Efficiency

Flexitanks Gain Popularity in Liquid Bulk Shipping for Cost Efficiency

Flexitanks, a novel soft packaging solution for non-hazardous liquid cargo, are revolutionizing ocean freight. Compared to traditional packaging methods, flexitanks offer significant advantages in cost control and operational convenience. Widely used in food, industrial, and chemical sectors, they help foreign trade enterprises reduce costs and increase efficiency. Their ease of installation and maximized cargo capacity within standard containers make them a cost-effective and sustainable alternative for transporting bulk liquids globally, contributing to streamlined supply chains and enhanced export capabilities.

Key Freight Terms and Cargo Handling in Global Trade Explained

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

Guide to Optimizing Container Placement in Yard and Vessel Bays

Guide to Optimizing Container Placement in Yard and Vessel Bays

This article provides a clear and accessible explanation of the concept of "container slot" in container terminals and its composition. It details a five-step process using "Zone", "Block", "Bay", "Row", and "Tier" to locate containers. Furthermore, it introduces the container slot representation method on container ships, helping readers quickly understand the "home guide" for containers. This aims to demystify the container slot system for a broader audience.