Trade News
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2509-2024
What are the international trade terms for sea transportation?
8 major international trade terms for ocean shipping: 1. EXW (Ex Works), 2. FOB (Free On Board), 3. CFR (Cost and Freight), 4. CIF (Cost, Insurance and Freight), 5. CPT (Carriage Paid To), 6. CIP (Carriage and Insurance Paid To), 7. DAP (Delivered At Place), 8. DDP (Delivered Duty Paid).
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2409-2024
Does door-to-door service include customs clearance?
Door-to-door service including customs clearance: ● DDP (Delivered Duty Paid / Delivery after Payment), ● DAP (Delivered At Place / Delivery at Destination). Door-to-door service excluding customs clearance: ● EXW (Ex Works / Factory Delivery), ● FCA (Free Carrier / Free Carrier).
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2309-2024
What is freight shipping? How much does it cost?
Freight shipping, as the name suggests, refers to the transportation of goods. It includes the entire process of transporting goods from one location to another. This process involves a variety of modes of transportation, such as sea, air, land and rail transportation.
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2009-2024
What are the international trade terms for air transport?
7 major international trade terms for air transport: 1. EXW (Ex Works), 2. FCA (Free Carrier), 3. CPT (Carriage Paid To), 4. CIP (Carriage and Insurance Paid To), 5. DAT (Delivered at Terminal), 6. DAP (Delivered at Place), 7. DDP (Delivered Duty Paid).
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1909-2024
Why use a freight forwarder?
Advantages of using freight forwarders: ● Reduce costs and improve efficiency ● Professional knowledge and experience ● Simplify processes and save time ● Provide flexible solutions ● Risk management and protection
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1809-2024
What is the difference between air cargo and freight?
Air cargo is transported only by airplane, while freight includes sea transportation, land transportation and railway transportation. The most suitable transportation method can be selected according to the characteristics of the cargo.
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1709-2024
Is freight calculated by size or weight?
Air transport usually calculates freight according to the weight and volume of the goods, but due to the limited load and space of the aircraft, airlines often use "volume weight" to calculate freight. Volume weight (kg) = cargo volume (cubic centimeters) / 6000.
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1609-2024
What is the best trade term for door-to-door service?
Common international trade terms include EXW, FCA, CPT, CIP, DAP, DPU, DDP, etc. Among them, some terms are particularly suitable for door-to-door services, such as DAP (Delivered At Place), DPU (Delivered at Place Unloaded) and DDP (Delivered Duty Paid).
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1309-2024
Is it cheaper to ship by sea or by freight?
For large-volume and long-distance cargo transportation, the single transportation cost of sea transportation is relatively low. For medium- and short-distance, time-sensitive cargo transportation, freight transportation has high cost-effectiveness.
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1209-2024
What are the top ten best freight forwarding companies?
Ranking of the top ten best freight forwarding companies: 1. DHL 2. FedEx 3. UPS 4. Kuehne + Nagel 5. DB Schenker 6. C.H. Robinson 7. DSV 8. XPO Logistics 9. Expeditors International 10. Panalpina (now affiliated with DSV)