Trade News

  • 0208-2024

    What does DAP mean in cargo transportation?

    DAP (Delivered At Place) is a trade term in the Incoterms issued by the International Chamber of Commerce (ICC). According to the DAP terms, the seller is responsible for delivering the goods to the destination designated by the buyer and bears all costs and risks before that.

  • 0108-2024

    Which freight transport company has the most lost packages?

    The logistics service quality report released by the third-party evaluation agencies Statista and Parcel Monitor shows that Amazon Logistics has a relatively high package loss rate, followed by FedEx and UPS. DHL's package loss rate is relatively low.

  • 2607-2024

    What does FCA mean in freight transportation?

    FCA is a trade term in the International Commercial Terms (Incoterms) issued by the International Chamber of Commerce, which means "free carrier". According to the FCA terms, the seller is responsible for delivering the goods to the carrier designated by the buyer.

  • 2507-2024

    What is the difference between EXW, FOB and CIF?

    Differences in responsibilities and risks: In EXW, the seller has the least responsibility. In FOB, the seller has moderate responsibility. In CIF, the seller has the greatest responsibility, not only responsible for delivery at the port of shipment, but also for freight and insurance etc..

  • 2407-2024

    Does DDP apply to air or sea transport?

    Under the DDP terms, the seller bears all costs and responsibilities until the goods are delivered to the destination specified by the buyer. This includes inland transportation, export customs clearance, international transportation, import customs clearance, payment of tariffs and VAT, etc.

  • 2307-2024

    What does CNF mean in cargo transportation?

    CNF (Cost and Freight): CNF means that the seller is responsible for paying all costs of transporting the goods to the port of destination, but does not include the costs and insurance costs after the goods are unloaded at the port of destination.

  • 2207-2024

    Which is the cheapest international transport company?

    Top 6 cheapest international transport companies: 1. DHL, 2. FedEx, 3. UPS, 4. TNT, 5. Ocean Network Express (ONEX), 6. China Ocean Shipping Group (COSCO). These companies provide a variety of transportation services around the world, including air, sea, land and integrated logistics solutions.

  • 1907-2024

    What is DDP by Ocean Freight?

    DDP by Ocean Freight is one of the international trade terms, which means that the seller bears all costs and risks from the place of departure to the destination, including ocean freight, insurance, import duties and other taxes at the destination.

  • 1807-2024

    What does CIF mean in international freight?

    CIF is one of the international trade terms, and its full name is Cost, Insurance, and Freight, which means "cost, insurance and freight". Under this term, the seller is responsible for all costs of transporting the goods to the designated port of destination.

  • 1707-2024

    What are the key business indicators in freight services?

    Key business indicators in freight services: 1. Transportation efficiency, 2. Transportation safety, 3. Cost control, 4. Customer satisfaction, 5. Resource utilization, 6. Environmental friendliness.

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