Trade News

Flammable liquids and solids are among the most common prohibited items in air cargo. The reason these items are listed as prohibited is because they can easily ignite, potentially causing a serious fire hazard.

Containers are designed to provide a degree of waterproofing, primarily because their corrugated steel structures are able to withstand wind and rain. However, containers are not completely waterproof.

Ocean freight is the most commonly used method of cargo transportation in global trade and is known as the lifeblood of global trade. It excels in transporting bulky cargo and may even be the only option for some cargo that cannot be transported by other means. Maritime transportation has the characteristics of large-scale transportation, wide application range, relatively slow speed, and environmental friendliness.

Cargo usually refers to items transported by various means in commercial trade, including sea transportation, air transportation, land transportation, etc. Freight mainly focuses on the transportation method and process of cargo, including the loading, transportation and unloading of cargo. Freight also involves cargo logistics planning, route selection and cargo tracking. In addition, Freight also has direct contact with the financial aspects of cargo transportation, such as freight calculation and insurance.

A freight forwarder's earnings may vary, depending on their experience level, certifications, industry, and location. Overall, the average salary for this position is about $50,000, but can range anywhere from $40,000 to $100,000.

DDP (Delivered Duty Paid) refers to delivery with duty paid in ocean shipping. This is a delivery agreement in which the seller assumes all responsibility for transporting the goods until they arrive at the agreed destination, including transportation, insurance, duties and taxes, etc. This means there are no additional charges for the buyer to pay when receiving the goods.

Buyers generally believe that FOB agreements are cheaper and more cost-effective than CIF. This is because FOB agreements give buyers greater choice and control, allowing them to choose their own shippers and insurance limits. Such flexibility helps buyers optimize logistics processes according to their own needs, thereby reducing costs.

FOB and CIF are two common international trade terms. They have significant differences in the division of responsibilities, cost bearing and risk transfer between buyers and sellers.

6 Steps to Starting a Freight Forwarding Business 1. Know what type of entity you are 2. Determine your mode of transportation 3. Decide if you also want to become an operator 4. Registered freight forwarder license 5. Submit insurance policy 6. Obtain a Freight Broker Bond or Trust Fund Agreement

A common freight carrier is a private or public entity responsible for transporting goods or people for a fee. They bear the responsibility of providing a public service, and unlike private carriers, public freight carriers are required to provide service to anyone willing to pay unless there are reasonable grounds for refusal. This imposes certain social responsibilities on public freight carriers.