Fic Logistics

Many of those in the shipping industry have been following the discussion about China’s announcement of its Import Ban on certain recycling products, to go into effect by the end of 2017. Among the items included on the list are most scrap plastics (“including polymers of ethylene, styrene, vinyl chloride and PET…”) and mixed paper. China already notified the World Trade Organization (WTO) of its intent to ban the import of certain scrap materials. CHINA’S DECISION WILL HAVE A CRUCIAL IMPACT ON U.S. EXPORTS INTO CHINA AS THE U.S. EXPORT MARKET IS BASED ON COMMODITY EXPORTS. This means the ban will also have a major impact on ocean carriers, forwarders, NVOCCs, truckers, warehouses, and labor. You may already have heard some of the announcements from the carriers that they will not accept any scrap bookings into China from the U.S. According to ISRI, with more than $5.6 billion in scrap commodities exported from the U.S. to China last year alone, the trade in specification-grad...

THROUGHOUT THE YEARS, AS INTERNATIONAL COMMERCE WAS PROGRESSING, THE NEED FOR COMMON CODES OF CONDUCT AND CONTRACT CREATED THE INCOTERMS RULES. Since 1923, the International Chamber of Commerce (ICC) has been publishing these rules, creating the framework in which a deal is executed, and determining the obligations, costs and risks between the seller and the buyer. Ever since then, one has to search real hard to find a commercial invoice between two parties that doesn’t have those distinct three letter codes that determine who is responsible for payment and risk throughout the cargo’s journey from origin to destination. The latest amendment of the 2010 version classifies the Incoterms into two categories. 1.Incoterms for any mode of transportation: EXW Ex Works FCA Free Carrier CPT Carriage Paid To CIP Cost, Insurance and Freight DAT Delivered At Terminal DAP Delivered At Place DDP Delivered Duty Paid 2.Incoterms for sea and inland waterway transport: FAS Free Al...

Have you ever encountered such situation, you have purchased some personal cargo from China, but you have no idea about how the delivery? International express is highly priced, you may resort to sea or air transportation, but you know little about customs declaration and customs clearance, and ultimately you have to entrust it to a trading company, which results in complex links, poor communication, high cost, and longtime consumption. FIC   has spotted this growing market and established a special department for to provide one-stop services to those customers. We have filed the right to import and export in the company’s name, so we can operate declarations for import and export of personal items, and we are familiar with the private goods operation methods of major carriers and airlines, while our professional customer service staff can provide you with better programs, help you simplify processes, save time and money. With real-time information updates, you will be kept abrea...