Freight Knowledge - page3 - News - GT Global Transportation Network

How to calculate Volumetric weight?

September 20, 2022 6852 Read More

A stakeholder is a person or a group who has an interest in a given situation, and who is an active player. A stakeholde

What is the Cargo Booking Process?

September 19, 2022 5277 Read More

Check restrictionsSelect product and serviceMake bookingPrepare cargo and paperworkComplete Air WaybillDrop cargoTrack c

What is the difference between HBL and MBL?

September 16, 2022 5832 Read More

A bill of lading is issued as either a House Bill of Lading or a Master Bill of Lading.A House Bill of lading or else HB

What is an HBL?

September 15, 2022 4972 Read More

A House Bill of Lading or HBL is a document generated by an Ocean Transport Intermediary (OTI) such as a non-vessel oper

What is HAWB?

September 14, 2022 4840 Read More

House airwaybill or HAWB is one of the documents used while shipping goods by air. It is issued and signed by a freight forwarding agent and it serves as an evidence of the terms and conditions as specified by the freight forwarder for carrying the goods.

What is a Bill of Entry?

September 13, 2022 2994 Read More

A bill of entry is a legally binding document filed on or before imported goods arrive by consignees or custom clearance agents. The document is submitted as a part of the customs clearance procedure to the customs department. This submission allows th

What is an AWB and its purpose?

September 12, 2022 3933 Read More

Also known as an Air Consignment Note, AWB or Airway Way Bill is a non-negotiable document that an air carrier issues to

What is a Bill of Lading?

September 10, 2022 5719 Read More

A bill of lading often abbreviated as BOL or B/L is one of the most crucial documents required while shipping goods. It

What is the procedure for Shipping Bill generation?

September 09, 2022 6729 Read More

The procedure for generating a Shipping Bill is as follows:The shipper has to register with the Customs with either thei

What is a shipping Bill?

September 08, 2022 4739 Read More

Shipping goods from point A to point B involves several formalities. The shipping bill is a document issued by the Custo

Ocean Freight Shipping Surety Bonds

September 07, 2022 3870 Read More

Every day, thousands of large financial transactions occur in the ocean freight shipping industry, and ocean freight carriers take responsibility for millions of dollars’ worth of cargo on almost every voyage. Thus, it’s important to have legal structures

Ocean Freight Shipping Regulatory Organizations

September 07, 2022 3467 Read More

It’s also important to be familiar with the organizations that regulate marine commerce and traffic. There are two main marine regulatory organizations that anyone involved in ocean freight shipping should be aware of

Understanding Bills of Lading

September 06, 2022 4022 Read More

The ocean bill of lading is the most important document in the ocean freight shipping process. For shippers and carriers alike, the bill of lading documents the terms of the shipping contract establishes the parties and provides a record to track the carg

Types of Businesses Within the Ocean Freight Shipping Industry

September 05, 2022 4192 Read More

Many different types of businesses make up the ocean freight shipping supply chain. Some of the most important types of marine freight businesses include

Pros and Cons of Ocean Freight Shipping

September 04, 2022 5070 Read More

For businesses wondering whether ocean freight shipping is the right choice for their supply chain, it’s essential to consider the pros and cons of this method. Consider these fundamental factors when deciding whether to use ocean freight shipping

Understanding the Different Types of Marine Freight(FCL,LCL,RORO,Dry Bulk,Break Bulk)

September 03, 2022 6327 Read More

Several different categories of marine freight are in common use today. Generally, ocean freight shipping falls into the following categories

Intermodal Containers and TEUs: The Basic Units of Marine Freight

September 02, 2022 3799 Read More

Intermodal containers are among the first elements that any business should understand when it comes to marine freight. An intermodal container is a large steel container with standardized dimensions that can also be loaded onto a tractor-trailer or freig

Truck, rail, and air freight are all important methods of shipping

September 01, 2022 7181 Read More

Truck, rail, and air freight are all important methods of shipping, and each has a role to play in today’s supply chain landscape. However, when it comes to moving huge quantities of goods around the world, ocean freight shipping is still the undisputed c

What is the difference between 3PL and 4PL?

August 31, 2022 4076 Read More

3PL Logistics4PL LogisticsIn a 3PL model,an enterprise maintains management oversight but outsources operations of trans

What are the difference modes used in International Logistics?

August 31, 2022 4009 Read More

Main modes of transportation in the freight shipping industry as follows:Ocean shippingOcean shipping is the most widely

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