Effects of Volatile Ocean Freight
Effects of volatile ocean freight Due to high external influence, shipping rates are amongst the most volatile expenses in the freight forwarding industry; because of this it’s hard for importers to forecast accurate supply chain budgets. There are four main factors that contribute to the volatility of ocean freight. Demand and Supply– Traditionally from around […]
Guangdong Expressways
China customs has announced it will expand its rapid clearance “three once†regime nationwide to promote trans-regional trade. 56 Chinese border inspection stations will adopt this policy of customs clearance this year involving a single declaration, according to General Administration of Customs spokesman Zhang Guangzhi. The ‘three once’ system launched jointly by customs, inspection and […]
Indonesian Trade – Dairy
Australian and New Zealand agriculture and food exporters need to increase their leverage of competitive advantage if they intend to strengthen trade with Indonesia. The challenge was getting closer to the customer and building a relationship in order to deliver new innovative, value-added products which capture the eve changing needs of the market. ‘Indonesia has […]
Ningbo tops Chinese Cities for Imports
Ningbo customs has posted a 30 per cent increase in imports from Taiwan to 1.86 million tonnes in the 2013 year under the Economic Cooperation Framework Agreement (ECFA) with trade value increasing to almost 33 per cent making US$2.94 billion. It also imported the highest volume and value from Taiwan, the greatest out of all […]
Overbooking and the Stress of Shipping
One of the most crucial stages in shipping is booking the right vessel for freight, there are many things to consider, price, transit times and destinations. This is made more difficult for both the shipper and shipping lines alike as year after year there are overbooking’s of space on vessels. Shippers will often feel […]
Three Once China Customs Policy
China customs has announced it will expand its rapid clearance “three once†regime nationwide to promote trans-regional trade. 56 Chinese border inspection stations will adopt this policy of customs clearance this year involving a single declaration, according to General Administration of Customs spokesman Zhang Guangzhi. The ‘three once’ system launched jointly by customs, inspection and […]