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Acronyms-G

April 20, 2023 6723 Read More

G.R.Wt./G.W.:Gross Weight.Gang:Group of stevedores usually 4 to 5 members with supervisor assigned to a hold or portion

Acronyms-F

April 19, 2023 8007 Read More

F..D.:Freight and demurrage.F.C.L.:Full container load, full car load.F.c.s.:Free of capture and seizure.f.c.s.r.c.c.:Fr

Acronyms-E

April 18, 2023 3733 Read More

Ex:Signifies that the quoted price applies only at the indicated point of origin (e.g. price ex factory means that the q

Acronyms-D

April 17, 2023 5713 Read More

D.F.:Dead Freightd.w.:Deadweight (tons of 2,240 lbs.)d.w.c.:Deadweight for cargoD/O:Delivery orderDAF:Delivered At Front

Acronyms-C

April 14, 2023 5730 Read More

CD:Collected and deliveredCE:CustomsExciseCI:Is a quoted price includes cost of goods and insurance.CF:Is a quoted price

Acronyms-B

April 13, 2023 8773 Read More

B/B:(See Break-Bulk Cargo)B/D:Banker's DraftB/E:Bill of ExchangeB/S:Bill of SaleBAA:British Airports AuthorityBACA:B

Acronyms-A

April 12, 2023 7865 Read More

A.T.:American Terms (Marine Insurance) A term used to differentiate between the conditions of American Policies from tho

4 ways to minimize your detention charges through supply chain visibility

April 11, 2023 7555 Read More

Do you know the average detention charges can reach up to $50-$100 per container per day and accrue up to20 times the co

Ocean Freight from China to the US

October 26, 2022 6074 Read More

Ocean Freight FCLFCL, or full container load, means your goods fill an entire container, either 20’ or 40’ long. If yo

How Does Freight Shipping Work?

October 25, 2022 4539 Read More

How Does Freight Shipping Work?

What is a Freight Forwarder

October 25, 2022 2891 Read More

Afreight forwarder, orforwarding agent, is a person or company that organizes shipments for individuals orcorporationsto

How is technology changing logistics?

September 30, 2022 8221 Read More

The logistics and supply chain industry lend itself well to the digitisation and automation technology. Technological ad

How is insurance calculated in EXIM?

September 29, 2022 4224 Read More

The premium of a marine insurance policy depends on the following factors:The nature and value of the goods that are bei

Why is Insurance necessary in EXIM Trade?

September 28, 2022 2690 Read More

Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign b

What are the important payment terms used in EXIM?

September 27, 2022 3503 Read More

Clean PaymentsPayment Collection of Bills in International TradeLetter of Credit L/c

What is Line of Credit?

September 26, 2022 5003 Read More

Line of credit can be defined as a credit facilitated by banks or any other financial institutions to a government or a

What is Transshipment?

September 23, 2022 3250 Read More

A transhipment occurs when there is no direct connection between two ports and the goods have to be stored at an interme

The Importance of Sailing Schedules. Why do you need vessel schedules?

September 22, 2022 7150 Read More

The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For an

What are the Freight Forwarder Payment terms?

September 22, 2022 6851 Read More

Cash against goodsCash against documentsCash in advanceLetters of credit

Why is having visibility over cargo movement necessary?

September 21, 2022 7635 Read More

It gives you the ability to see real-time data for freight movements which enable transportation managers to stay a step

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