Distinguishing Between Free Demurrage and Free Detention

Distinguishing Between Free Demurrage and Free Detention

The concepts of free storage period and free container period are crucial in shipping. The free storage period refers to the timeframe during which containers can be stored at the terminal or yard without charge, while the free container period is the duration that the cargo owner can use the container for free. For imports, the common total of free storage and free container periods is 14 days, while for exports, it is usually 7 days.

Douyins Interestbased Ecommerce Challenges Traditional Retail Models

Douyins Interestbased Ecommerce Challenges Traditional Retail Models

Interest-based e-commerce, exemplified by Douyin (TikTok), is challenging the traditional shelf-based e-commerce model. While interest-based e-commerce can rapidly increase GMV, it faces profitability challenges. E-commerce platforms are exhibiting a diversified development trend. Douyin, while focusing on interest-based e-commerce, is also strengthening its shelf-based e-commerce capabilities. In the future, interest-based and shelf-based e-commerce are likely to coexist in the long term, catering to different consumer needs and shopping behaviors.