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What is Line of Credit?

September 26, 2022 4951 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 3200 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 3954 Read More

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

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

September 22, 2022 7103 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 6797 Read More

Cash against goodsCash against documentsCash in advanceLetters of credit

Freight rate bonus for carriers leads to 15% hike in Suez Canal fees

September 21, 2022 8252 Read More

Suez Canal Authority (SCA) chairman and MD Ossama Rabiee has announced a 15% hike in canal charges next year.The 15% hik

Why is having visibility over cargo movement necessary?

September 21, 2022 7584 Read More

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

How to calculate Volumetric weight?

September 20, 2022 6925 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 5348 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 5923 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 5017 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

Japanese exporters to pay more for long-haul sea freight as exports fade

September 14, 2022 8668 Read More

Japanese shippers have to rely more on transhipments for long-haul sea freight, as mainline operators are making fewer p

50% of freight forwarders want to automate container journey monitoring

September 14, 2022 6208 Read More

According to a recent poll conducted by container logistics tech company Container xChange, 50% of container users ident

What is HAWB?

September 14, 2022 4884 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 3045 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 3980 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 5771 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 6782 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 4784 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 3927 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

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