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What are the important payment terms used in EXIM?

September 27, 2022 3432 Read More

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

What is Transshipment?

September 23, 2022 3174 Read More

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

GT new VIP member-Guangzhou Shenhong Juya International Freight Forwarding Co.,Ltd join as GT China

September 22, 2022 3930 Read More

We warmlywelcomeGuangzhou Shenhong Juya International Freight Forwarding Co.,Ltdjoin GT as GTChinaVIP member.VIP ID:4402

What are the Freight Forwarder Payment terms?

September 22, 2022 6766 Read More

Cash against goodsCash against documentsCash in advanceLetters of credit

Shipping lines suddenly a lot less interested in renting ships

September 21, 2022 8699 Read More

The cost to transport containerized goods peaked at unprecedented levels in late 2021. That cost has been falling ever s

Why is having visibility over cargo movement necessary?

September 21, 2022 7561 Read More

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

What is the difference between HBL and MBL?

September 16, 2022 5904 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

Warehouse Bottlenecks Are Snarling U.S. Supply Chains

September 14, 2022 5789 Read More

Capacity constraints have moved from the water to land as companies tie up transport equipment, triggering backups across freight networks

What is a Bill of Entry?

September 13, 2022 3025 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

Solving the Unique Challenges of Shipping Perishables

September 13, 2022 5317 Read More

COLD CHAIN SHIPPING REQUIRES PRECISION. THE BEST TEMPERATURE LOGGERS COLLECT AND TRACK SHIPMENT TEMPERATURE AND IDENTIFY

What is the procedure for Shipping Bill generation?

September 09, 2022 6756 Read More

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

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

September 07, 2022 6217 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

Retailers Scrambling to Stow Inventories Are Turning to Transport Equipment

September 05, 2022 5967 Read More

More truck trailers and shipping containers are being used as mobile warehouses, the latest sign of ad hoc adjustments in strained supply chains

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

September 03, 2022 6353 Read More

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

What is the difference between 3PL and 4PL?

August 31, 2022 4098 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 4031 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 3498 Read More

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

What is a trade agreement?

August 24, 2022 4211 Read More

A trade agreement refers to a contract between two or more states regarding their trade relations. It's a pact speci

What is the importance of FFA in the Air Cargo Movement?

August 18, 2022 6617 Read More

Forward Freight Agreements initially appeared in 1991 which was developed by H. Clarkson and Co. Ltd. However, the use i

How are detention and demurrage charges calculated?

August 07, 2022 6617 Read More

Here is an example to demonstrate how detention and demurrage charges are calculated:A container is discharged off a shi

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