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What is the procedure for Shipping Bill generation?

September 09, 2022 6825 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 4821 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 4003 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 3567 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

Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive

September 07, 2022 6291 Read More

CEO Jens Bjørn Andersen has built the freight forwarder into a global heavyweight, but says more consolidation is likely in the highly fragmented market

Ocean Shipping Rates Have Plunged 60% This Year

September 06, 2022 6261 Read More

Ocean Shipping Rates Have Plunged 60% This Year, Much of the cargo for back-to-school and year-end holiday shopping arrived months before the usual peak season

Understanding Bills of Lading

September 06, 2022 4125 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 4305 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 5200 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 6471 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 3913 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 7296 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 4180 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 4130 Read More

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

What is the difference between Freight and Cargo?

August 30, 2022 3601 Read More

CargoFreightThe term cargo generally refers togoods transported by ship or sea.The term freight is usually used in the c

What are freight charges?

August 29, 2022 3566 Read More

Freight charges or freight rate is the price that the shipper pays to the carrier for shipping his goods from the source

What are the commonly used terms in International Trade?

August 28, 2022 3995 Read More

INCOTERMS (International Commercial Terms)EX-WorksFOB (Free On Board)FCA (Free Carrier)CFR (Cost and Freight)CIF (Cost,

What are the risks involved in International Trade?

August 27, 2022 4120 Read More

Political risksPolitical risk arises when countries change their trade policies or impose trade barrier that directly or

What is the role of FFA in Logistics?

August 26, 2022 3991 Read More

FFA stands for Forward Freight Agreement and is a financial forward contract (a non-standardized contract between two en

What are the types of cargo?

August 25, 2022 4018 Read More

Breakbulk cargoBreakbulk cargo refers to goods that need to be loaded individually and cannot be transported in intermod

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