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1110-2024
Do shippers need to pay tariffs for packages from China to USA?
When the package arrives in the US, the US Customs will determine whether tariffs need to be paid based on the declared information of the package. If the value of the package exceeds $800, or the commodity category is taxable, the customs will notify the relevant parties to pay the tariff.
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0710-2024
Why do you need to buy cargo insurance when shipping goods from China?
In the process of international cargo transportation, goods will go through complex logistics links, including loading and unloading, warehousing, customs inspection, navigation or flight, etc. These links are full of unpredictable risks, and cargo insurance exists to prevent these risks.
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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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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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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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0509-2024
Is FedEx a carrier or a freight forwarder?
From the above analysis, it can be seen that FedEx can be both a carrier and a freight forwarder in different business departments. Its diversified business model enables it to flexibly respond to market demand and provide one-stop comprehensive logistics solutions.
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0409-2024
How to choose the right international trade terms for me?
Choosing the right international trade terms requires comprehensive consideration of many factors, including the nature and value of the goods, the mode of transportation, the trade environment of the destination country, the cooperative relationship between buyers and sellers, and risk management and insurance.
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1908-2024
What are international trade terms?
International trade terms (Incoterms) are international standards developed by the International Chamber of Commerce (ICC) to regulate the division of responsibilities, costs and risks between buyers and sellers in global trade.
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1308-2024
What Are the 11 International Trade Terms?
11 International Trade Terms: 1. EXW (Ex Works) 2. FCA (Free Carrier) 3. CPT (Carriage Paid To) 4. CIP (Carriage and Insurance Paid To) 5. DPU (Delivered at Place Unloaded) 6. DAP (Delivered at Place) 7. DDP (Delivered Duty Paid) 8. FAS (Free Alongside Ship) 9. FOB (Free on Board) 10. CFR 11. CIF
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