Author name: Yoyo Shi

Key Takeaways 3PL providers focus on specific logistics tasks like shipping and warehousing. 4PL providers manage the whole supply chain, including 3PL services. 3PL: 4PL: Different Logistic Level A logistic level refers to the degree of outsourcing in a company’s supply chain management. It indicates the number of parties involved and the scope of services

What is General Rate Increase (GRI) in Shipping？ A General Rate Increase (GRI) refers to a standardized increase in shipping rates that applies across all shipments, regardless of the service level or type of cargo. This increase is typically announced in advance and is intended to offset rising operational costs such as fuel, labor, and

What is Landed Cost? Landed cost is the total price you pay to get products to the door, including shipping, taxes, and other fees.  Components of Landed Cost Landed cost is more than just the price you pay for the products themselves. It includes a variety of expenses that happen along the way from the

What Does THC Mean in Shipping？ Terminal Handling Charges (THC) are fees you often encounter when dealing with shipping, particularly at ports. These costs are linked to the necessary handling of goods, including aspects such as loading, unloading, and storage. When shipping goods, THCs are vital fees imposed by port authorities. These charges cover services such

In this article, Luckystar will explain the meaning of VGM in shipping, exploring its significance, the regulations surrounding it, and the methods used to determine it. Whether you’re a seasoned logistics professional or new to the shipping industry, understanding VGM is essential for ensuring compliance, preventing accidents, and maintaining the smooth flow of global trade.

Moving a single package across town is one thing, but orchestrating the movement of oversized cargo, specialized equipment, and intricate materials across continents for major projects is an entirely different ballgame.  This is where project logistics steps in, tackling logistical challenges that are often as big as the projects themselves.  Follow Luckystar to understand project

Incoterms, short for International Commercial Terms, are globally recognized rules created by the International Chamber of Commerce (ICC). They help standardize contracts in international trade. These terms define the responsibilities of buyers and sellers. They cover delivery, risks, and costs. You can think of them as a guide to what you and the other party

Understanding the ISPS Code is essential for anyone involved in international maritime operations, from ship owners and operators to port authorities. In this article, we will explore the key aspects of the ISPS Code, including its objectives, scope, and implementation requirements. We’ll discuss who needs to comply with the code, the respective roles and responsibilities

This article will clarify what USPPI means in trade, explore its specific responsibilities, and highlight the distinctions between USPPI and exporter, helping you navigate the complexities of exporting from the United States. What is USPPI? In 2000, the U.S. Census Bureau revised the Foreign Trade Regulations (FTR) and substituted the term “exporter” with the new

Navigating the complexities of international shipping can be a daunting task for businesses and individuals alike. Whether you’re moving goods from Europe or China to the United States, understanding the costs and timelines involved is crucial for effective planning and budgeting.  We’ll delve into the varying costs associated with container shipping from key European and

When you think about the largest ports in the United States, a few names stand out. One of the most famous ports is the Port of Los Angeles. It’s the biggest container port in the U.S. Each year, millions of TEUs (twenty-foot equivalent units) pass through this port. Right next to it is the Port

What are Shipping Terms? Shipping terms are specific terms and conditions that define the responsibilities, risks, and costs associated with the transportation of goods from the seller to the buyer. These terms are crucial in international trade as they help prevent misunderstandings and disputes.  The most commonly referenced shipping terms are the Incoterms (International Commercial

What is the Harmonized System (HS) Code? The Harmonized System (HS) codes are a crucial element in international trade. These codes help classify products and ensure smooth customs processes across borders. An HS code typically consists of six digits. These numbers are standardized globally, making it easier for customs officers to identify and classify goods.

What is Blind Shipping Blind shipping is a logistics practice that hides the identity and address of either the shipper, receiver, or both during the shipping process.  It’s commonly used in e-commerce and dropshipping to protect business relationships and maintain competitive advantages. In a blind shipment, the shipping label and documentation only show the retailer’s

Sea freight is a critical component of global trade, enabling the transportation of large quantities of goods over vast distances. As you explore this method of transport, you will find that it involves a series of coordinated steps and processes to ensure cargo is moved efficiently from the point of origin to its final destination.