Latest Posts
Incoterms® 2020 Explained – The Complete Guide
Last updated on May 28, 2024 by Ben Thompson
The International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The ICC originally published Incoterms® in 1936 and have continually made updates to reflect the changes to the Global Trade environment. It’s important that all parties involved in trade clearly understand the changes and…
Amazon FBA Shipping
Last updated on October 2, 2024 by Ben ThompsonIf you’re selling on Amazon FBA, mastering shipping is key. Learn to pick the right products, pack them correctly, and choose the best shipping options. This guide helps you streamline your process, cut costs, and avoid common mistakes.
Demurrage vs Detention in Supply Chain Logistics
Last updated on October 1, 2024 by Ben ThompsonDemurrage and detention fees can disrupt the supply chain and add extra costs. Demurrage happens when cargo sits too long at the port. Detention fees kick in when empty containers are returned late. Understanding these fees and planning ahead can help you avoid delays and keep costs down.
3PL (Third-Party Logistics): What They Are, What They Do, and Why Use One
Last updated on September 25, 2024 by Ben ThompsonDiscover the benefits of 3PL (Third-Party Logistics) in streamlining your business operations. Learn how outsourcing logistics tasks like inventory management, warehousing, and shipping to a 3PL provider can save costs, boost efficiency, and support business growth. Find out if a 3PL is the right solution for you!
The Import Export Shipping Trade Guide Online
Last updated on September 23, 2024 by Ben ThompsonIf you’re an existing or new importer, exporter or trading company wanting to learn about an import export course online, download the Global Trade Guide.
Last Mile Delivery Explained
Last updated on September 20, 2024 by Ben ThompsonLast mile delivery is the final step in getting goods to their destination. This could be a home, warehouse, or store. It is important for speed and customer satisfaction. Learn how last mile delivery works. Understand the challenges and how companies can make this process faster and more affordable.
Trade Barriers in International Trade: Tariffs and More
Last updated on September 18, 2024 by Ben ThompsonTrade barriers are restrictions that governments place on international trade to protect domestic industries. They include tariffs, which are taxes on imports, and non-tariff measures like quotas and regulations. These barriers increase the cost of foreign goods, making them less competitive. While trade barriers help local businesses, they can lead to higher prices for consumers…
How to Create and Download a Packing List for Export Shipments
Last updated on September 16, 2024 by Ben ThompsonWhat is an Export Packing List Document? An export packing list is a detailed document that states all of the product and packaging details contained in each shipment. Shippers must create a compliant packing list document to share to freight forwarders, shipping lines, importers and other parties along the supply chain. In this article we…
Freight Forwarder vs Customs Broker: Key Differences Explained
Last updated on September 13, 2024 by Ben ThompsonFreight forwarders and customs brokers play distinct roles in international shipping. Freight forwarders manage logistics and transportation, while customs brokers focus on customs paperwork and compliance. Many freight forwarders also offer customs clearance services. Understanding these roles helps streamline shipping and avoid delays.
What is Chargeable Weight?
Last updated on September 11, 2024 by Ben ThompsonChargeable weight plays a key role in how shipping costs are calculated. It’s the higher of two numbers: the actual weight or the space your shipment takes up (volumetric weight). This can lead to higher fees for large, lightweight items. Knowing how chargeable weight works helps you avoid surprises with shipping costs.
Countervailing Duties Explained
Last updated on September 6, 2024 by Ben ThompsonCountervailing duties (CVDs) are special taxes on imports aimed at offsetting unfair foreign subsidies. These subsidies can make products cheaper, harming local industries. Want to learn how CVDs help balance the market and protect domestic businesses? Dive in and discover how they work!
