This European surcharge soars 150% due to congestion and capacity shortages, double clear barge duty in Europe Barge surcharges in Europe have soared 150% due to inland congestion and demand for container shipping competing with demand for coal following Russia's decision to cut gas supplies. Contargo, Europe's leading barge o...
Export Tax Refund Export tax refunds are made by the State Tax Bureau of the company's jurisdiction, and the refunds are for VAT paid on domestic purchases and VAT paid to customs on imports, but not for customs duties and consumption taxes paid on imports. The VAT rate for most domestic industrial products is 17%, and 13% or lower for a...
The total value of China-Europe Class Train is nearly USD 300 billion, and the freight price is only 1/5 of air, cross-border railroad As of the end of July this year, the total number of China-Europe Class Trains has exceeded 57,000, transporting 5.3 million TEUs of cargo, with the rate of heavy containers reaching 98.3%, and the total v...
Apply for an import license China's imports of goods, the use of import licenses imported by the import unit must be entrusted to foreign trade companies before ordering, fill out the "import license application form", and together with the approved import documents (approval), the use of foreign exchange documents to the issuing departme...
Zhuang He, director of the freight department of National Railway Group, answers reporters' questions: to build a more mature and reliable international logistics corridor and to promote the high-quality development of China-European Liner, railroad freight August 18 news, the National Development and Reform Commission held a confer...
EXW factory delivery Suitable for all shipping modes Group F: Main freight unpaid FCA Delivery Carrier Applicable to all modes of transport FAS Ship-side delivery at port of shipment For ocean and river transportation FOB delivery on board at port of shipment for ocean and river transportation ...
The first national high-speed rail express logistics base will be put into operation at the end of the year, railroad freight At 10 pm on August 15, Guangyuan City, Lizhou District, west of the street Longquan community, railroad integrated logistics base construction site, 5 headlights, site lights, tunnel cave entrance, more than 10 wor...
Commonly used foreign trade terms are as follows： CFR (cost and freight) Cost and Freight： The composition of the price of goods, including the usual shipping costs from the port of shipment to the agreed port of destination and the agreed insurance premiums, so the seller has the same obligations as the CFR ter...
Rail freight traffic across Poland's Malaszewicz declines significantly, cross-border rail The Polish-Belarusian border crossing at Malaszewicz, the most important for China-European trains, saw a significant decline in its freight traffic in the first half of 2022. During that period, a total of 2,876 trains were handled at the Mar...
Commonly used foreign trade terms are as follows. DAP (delivered at place) Delivery at destination： Also known as "FOB", it is one of the common trade terms used in international trade. The buyer is responsible for sending a ship to receive the goods, and the seller shall load the goods on the shi...
