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Showing posts with the label International Logistics

Air Freight Charges and Additional Fees

English 한국어 Understanding air freight charges is one of the most critical aspects of global logistics and trade, as it directly impacts your supply chain costs. Below is a detailed, professional breakdown of the Air Freight Charge, major surcharges, and various ancillary fees. 1. Basic Freight Air Freight Charge Key Features: The core transportation cost determined by the type, weight, and volume of the cargo from origin to destination airports. Calculation Basis: Based on the Chargeable Weight . This is the higher value between the Gross Weight and the Volumetric Weight (L x W x H in cm / 6000). Currency: Generally USD, but often billed in the local currency of the origin country based on prevailing exchange rates. Billing Path: Airlines ➔ Forwarder ➔ Shipper or Consignee. 2. Additional Surcharges FSC (Fuel Surcharg...

Ocean Freight Charges & Surcharges Guide

English 한국어 Ocean Freight Charges & Surcharges Guide Navigating through the various freight rates and surcharges in ocean import/export can be complex. Ocean freight charges are broadly divided into three main categories: Basic Ocean Freight for pure transportation, Surcharges reflecting market conditions (fuel, currency), and Additional/Local Charges incurred at ports and terminals. 1. Basic Ocean Freight (O/F) This is the base cost for transporting cargo over the sea from the port of loading to the port of discharge. Item Key Features Calc Basis Currency Billing O/F (Ocean Freight) The pure cost of utilizing space on the vessel. FCL (Per TEU/FEU) or LCL (Per CBM or Ton, whichever is greater) USD Carrier ➔ Forwarder or Shipper 2. Surcharges (Additional Freight) Item Key Features Calc Basis Currency Billing BAF (Bunker Adjustment Factor) Co...

Customs Clearance Fees and Customs Brokers

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English 한국어 Understanding Customs Clearance In international trade, whenever goods cross borders, they must undergo strict examination and approval procedures by the respective national customs authorities. This is known as 'Customs Clearance.' Because this process is legally and administratively complex, most shippers delegate this task to experts. 1. What is a Customs Broker? A customs broker is a licensed professional who handles import and export customs clearance on behalf of the shipper. Utilizing their in-depth knowledge of trade laws, tariff classification (HS Codes), and customs valuation, they file declarations with customs, verify necessary requirements (such as quarantine or certifications), and facilitate the payment of duties and taxes. Simply put, they are the "navigators and legal representatives" of trade clearance, ensuring that the complex cross-border movement of goods is lawful and efficient. ...