Twenty-Foot-Equivalent Unit (TEU)
A Twenty-foot Equivalent Unit (TEU) is a standard metric for gauging container volume, measured in terms of 20-foot-long containers. 2 TEU = 1 FEU
Logistics
Key insights and market updates for logistics and trade.
Chargeable Weight
Chargeable weight in freight shipping is calculated based on the greater of the shipment’s gross weight or volume, balancing space and weight costs.
Commerce Control List (CCL)
The Commerce Control List (CCL) categorizes dual-use items (commercial and military-use goods) to confirm U.S. export license requirements.
Blank Sailing
Blank sailing is an ocean carrier’s intentional cancellation of a port call or voyage of a fixed rotation due to demand or operational efficiency.
Freight Market Update: July 30, 2023
Ocean freight spot rates trended up on both the China to US west coast and China to US east coast lanes in the last two weeks. Read on to learn more.
Authorized Economic Operator (AEO)
An Authorized Economic Operator (AEO) is an entity in global trade approved by Customs for meeting WCO security standards & granting customs benefits.
How the US De Minimis Exemption Affects ECommerce Businesses
De Minimis exemption is a regulatory policy that exempts low-value imports from duty and tax. Check out how it works and its impact on eCommerce businesses.
How the US De Minimis Exemption Affects ECommerce Businesses Read More »
Export Control Classification Number (ECCN)
An Export Control Classification Number (ECCN) classifies U.S. dual-use exports in the CCL with alpha-numeric codes, identifying licensing requirements.
Freight Market Update: July 15, 2023
Ocean freight spot rates from China to the US increased. Read on to know more about the latest freight market update.
Delivered Duty Paid (DDP)
Delivered Duty Paid (DDP) is an incoterm that outlines the seller’s obligation to cover all delivery costs, including import duties and customs taxes.
Understanding Incoterms 2023: International Shipping Terms Explained
Incoterms ensure that buyers and sellers know where responsibility lies for international shipping. Read on for the latest breakdown of Incoterms 2023.
Understanding Incoterms 2023: International Shipping Terms Explained Read More »
A Guide to Cooig.com Logistics Marketplace Port-To-Port Service
Cooig.com Logistics Marketplace provides Port-to-Port service that is a great solution for transporting goods in large volumes. Check out what PTP shipping is and how it works!
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How To Use Cooig.com Logistics Marketplace
Learn how to make full use of Cooig.com Logistics Marketplace, including accessing it, utilizing its full features, placing orders, and managing orders.
Cooig.com Logistics Marketplace: Smart Choices for Global B2B Buyers
Find out how to engage with Cooig.com Logistics Marketplace for transparent & customized freight solutions with 24/7 support for international B2B buyers.
Cooig.com Logistics Marketplace: Smart Choices for Global B2B Buyers Read More »
A Guide to Cooig.com Logistics Marketplace Door-To-Door Service
Cooig.com Logistics Marketplace Door-to-Door service allows businesses to ship products directly to the customer’s door. Check out how DTD works for eCommerce!
A Guide to Cooig.com Logistics Marketplace Door-To-Door Service Read More »