If you’ve ever dived into global shipping, you’ve probably stumbled across Incoterms 2020. But what are they really? And why do they matter so much in international trade terms?Simply put, Incoterms are standardized rules published by the International Chamber of Commerce (ICC) that define the respo

According to news reports, AirExplore, a subsidiary of Avia Solutions Group, headquartered in Slovakia, will withdraw from cargo and focus on passenger transport due to limited demand for narrow-body freighters. Earlier this month, it vaguely stated that it would adjust its cargo business. Due to th

The International Longshoremen's Association (ILA) and the Maritime Union (USMX) reached a preliminary agreement on a six-year master contract, and the strike originally scheduled to start on January 15, 2025 was canceled.Covering ports from Maine to Texas, it avoids cargo backlogs and rising ocean