Ben Thompson
Highlights
- Experienced founders that have successfully founded International Trading Companies.
- Over 14+ years of Global Trade experience, buying and selling products all over the world.
- Developed innovative cloud software solutions to streamline global trade documentation for Small and Medium Businesses worldwide.
Created the Global Trade Newsletter, to inform and educate over 150K+ subscribers to help them succeed in global trade
About Ben Thompson
Ben is passionate about International Trade, Import/Export, International Shipping and connecting world markets. For the last 14 years Ben has specialized in importing and exporting goods around the world, and creating content and software solutions to help small and medium sized businesses to become successful in global trade.
After facing the many challenges of running their own trading company, in 2016 Ben Thompson and Brandon Boor founded IncoDocs, a new cloud based software tool to help importers and exporters to streamline their global trade documentation. In 2019 IncoDocs secured investment from global shipping line giant Maersk, as they shared their vision to digitize global supply chain processes. Since then Ben and Brandon have grown IncoDocs to provide solutions to companies in over 120 countries.
Additionally, the IncoDocs team continues to provide detailed industry articles, videos, podcasts, guides and tools to help companies thrive in global trade. The IncoDocs YouTube channel has gained over 20K+ subscribers, and had over 1 Million video views. The team are consistently providing useful content to help importers and exporters solve their problems along the supply chain.
Ben and Brandon also created the Global Trade Newsletter, which continues to provides news, resources and helpful content to over 150k+ subscribers.
The IncoDocs team are passionate about global trade and understand the complexities of the global supply chain and continue to create content and solutions to streamline the import export process and drive the future of global trade.
Posts by Ben Thompson
Nvidia Halted From Shipping AI Chips To China
Last updated on November 2, 2023 by Ben Thompson
The US halts Nvidia's AI chip shipments to China, aligning with President Biden's strategy to limit China's access to advanced technology. Nvidia remains optimistic about global demand but faces potential setbacks. The move escalates the US-China tech standoff, with implications for the broader semiconductor industry.
Russia-India Trade Booms
Last updated on October 26, 2023 by Ben ThompsonTrade between Russia and India has surged, reaching a record US$43.8 billion in the first eight months of the year and projected to hit US$65.7 billion by year-end. Russian exports to India soared to US$41.2 billion, while imports from India also saw a 50% increase. This growth is partly attributed to Russia's pivot towards Asian…
NEOM & DSV’s $10 Billion Game-Changer
Last updated on October 26, 2023 by Ben ThompsonNEOM, a futuristic construction company in Saudi Arabia, partners with logistics leader DSV for a $10 billion venture, aiming to revolutionize ground, sea, and air logistics. This collaboration, aligned with Saudi Vision 2030, promises economic growth and innovation.
Amazon’s Sky-High Ambition: Drones Now Delivering Health to Your Doorstep
Last updated on October 19, 2023 by Ben ThompsonAmazon's Prime Air drone service now delivers medications from Amazon Pharmacy in under 60 minutes, starting in College Station, Texas. This innovative service, free for now, offers around 500 medications for aerial delivery, marking a significant leap in healthcare accessibility and convenience.
The West’s Answer to China’s Belt Road Comes to a Halt With Hamas-Israel Conflict
Last updated on October 12, 2023 by Ben ThompsonThe IMEC, aimed at reshaping global trade and seen as the West's counter to China's Belt and Road, faces delays due to the Hamas-Israel conflict, impacting key trade links and diplomatic efforts in the region.
Droneliner Autonomous Cargo Plane, the Future of Air Freight?
Last updated on October 12, 2023 by Ben ThompsonDroneliner proposes an autonomous cargo plane reducing air freight costs by over 70%, with designs optimized for efficiency and a payload capacity that significantly surpasses current leaders, aiming to revolutionize the logistics industry.
China-Brazil Trade Milestone: First Local Currency Transaction
Last updated on October 5, 2023 by Ben ThompsonChina and Brazil recently achieved a groundbreaking milestone in their trade relations by completing a transaction entirely in their local currencies, the renminbi (RMB) and the Brazilian real. This significant development, facilitated by the Bank of China (BOC), represents a notable shift away from traditional trade settlements conducted in US dollars.
Rice Ban Implications
Last updated on October 5, 2023 by Ben ThompsonIndia's ban on non-basmati white rice exports to control domestic prices impacts global markets, affecting Asia and Africa the most. With India being a major rice supplier, this move raises concerns over food security and price stability worldwide.
First Rise In Global Air-Cargo Demand In 19 Months
Last updated on October 5, 2023 by Ben ThompsonGlobal air cargo demand saw its first rise in 19 months, with August 2023 data showing a 1.5% year-on-year increase. Regional performance varied, with Asia-Pacific leading at 4.9% growth, while Africa experienced a 4.7% decline.
Asia-Europe Container Shipping Under Pressure
Last updated on September 28, 2023 by Ben ThompsonAsia-Europe container shipping faces immense pressure, with spot rates plummeting below $1k USD per FEU, the lowest since FBX index reporting. The Ukraine-Russia conflict exacerbates Europe's challenges, impacting demand and capacity growth, intensifying the shipping crisis.
Nvidia Halted From Shipping AI Chips To China
Last updated on November 2, 2023 by Ben Thompson
The US halts Nvidia's AI chip shipments to China, aligning with President Biden's strategy to limit China's access to advanced technology. Nvidia remains optimistic about global demand but faces potential setbacks. The move escalates the US-China tech standoff, with implications for the broader semiconductor industry. Read More »
Russia-India Trade Booms
Last updated on October 26, 2023 by Ben ThompsonTrade between Russia and India has surged, reaching a record US$43.8 billion in the first eight months of the year and projected to hit US$65.7 billion by year-end. Russian exports to India soared to US$41.2 billion, while imports from India also saw a 50% increase. This growth is partly attributed to Russia's pivot towards Asian markets amidst Western sanctions. India's Russian oil imports spiked by 80% in September, and diamond purchases rose by 26%. The flourishing trade relationship is poised for further expansion, particularly in energy, agriculture, and IT sectors. Read More »
NEOM & DSV’s $10 Billion Game-Changer
Last updated on October 26, 2023 by Ben ThompsonNEOM, a futuristic construction company in Saudi Arabia, partners with logistics leader DSV for a $10 billion venture, aiming to revolutionize ground, sea, and air logistics. This collaboration, aligned with Saudi Vision 2030, promises economic growth and innovation. Read More »
Amazon’s Sky-High Ambition: Drones Now Delivering Health to Your Doorstep
Last updated on October 19, 2023 by Ben ThompsonAmazon's Prime Air drone service now delivers medications from Amazon Pharmacy in under 60 minutes, starting in College Station, Texas. This innovative service, free for now, offers around 500 medications for aerial delivery, marking a significant leap in healthcare accessibility and convenience. Read More »
The West’s Answer to China’s Belt Road Comes to a Halt With Hamas-Israel Conflict
Last updated on October 12, 2023 by Ben ThompsonThe IMEC, aimed at reshaping global trade and seen as the West's counter to China's Belt and Road, faces delays due to the Hamas-Israel conflict, impacting key trade links and diplomatic efforts in the region. Read More »
Droneliner Autonomous Cargo Plane, the Future of Air Freight?
Last updated on October 12, 2023 by Ben ThompsonDroneliner proposes an autonomous cargo plane reducing air freight costs by over 70%, with designs optimized for efficiency and a payload capacity that significantly surpasses current leaders, aiming to revolutionize the logistics industry. Read More »
China-Brazil Trade Milestone: First Local Currency Transaction
Last updated on October 5, 2023 by Ben ThompsonChina and Brazil recently achieved a groundbreaking milestone in their trade relations by completing a transaction entirely in their local currencies, the renminbi (RMB) and the Brazilian real. This significant development, facilitated by the Bank of China (BOC), represents a notable shift away from traditional trade settlements conducted in US dollars. Read More »
Rice Ban Implications
Last updated on October 5, 2023 by Ben ThompsonIndia's ban on non-basmati white rice exports to control domestic prices impacts global markets, affecting Asia and Africa the most. With India being a major rice supplier, this move raises concerns over food security and price stability worldwide. Read More »
First Rise In Global Air-Cargo Demand In 19 Months
Last updated on October 5, 2023 by Ben ThompsonGlobal air cargo demand saw its first rise in 19 months, with August 2023 data showing a 1.5% year-on-year increase. Regional performance varied, with Asia-Pacific leading at 4.9% growth, while Africa experienced a 4.7% decline. Read More »
Asia-Europe Container Shipping Under Pressure
Last updated on September 28, 2023 by Ben ThompsonAsia-Europe container shipping faces immense pressure, with spot rates plummeting below $1k USD per FEU, the lowest since FBX index reporting. The Ukraine-Russia conflict exacerbates Europe's challenges, impacting demand and capacity growth, intensifying the shipping crisis. Read More »
