CIP (Carriage and Insurance Paid To) is an Incoterm that defines seller and buyer responsibilities in international trade. The seller arranges transportation and insurance up to a specified destination, while the buyer assumes risk once goods are handed to the first carrier. Learn when to use CIP. Read More »

The Canton Fair, also known as the China Import and Export Fair, is the largest trade event in China, held biannually in Guangzhou. It provides a platform for global trade, attracting over 200,000 visitors and 20,000 exhibitors. This event is key for networking, sourcing products, and understanding market trends. Read More »

Price dumping in international trade is a strategy where companies sell products in a foreign market at prices lower than in their home country, sometimes even below production costs. While it can help businesses gain market share quickly, it can also harm competition and lead to trade disputes. Understanding its impacts is crucial for navigating global markets. Read More »

This article explores the differences between two important Incoterms: FCA (Free Carrier) and FOB (Free On Board). While similar, these terms have key distinctions that impact international trade. You'll learn when to use each term, their benefits, and how they affect logistics, helping you make informed decisions. Read More »

Delivered Duty Paid (DDP) is a shipping term where the seller handles all costs and risks, from transport to customs clearance, ensuring the buyer receives goods hassle-free. This guide explains DDP’s benefits, drawbacks, and when it’s the best choice for international trade. Read More »

Ex Works (EXW) is an Incoterm® where the buyer handles all logistics from the seller's location, including transport and export. It's ideal for buyers with experience in international trade, but may be too complex for beginners due to the responsibilities involved. Read More »

CIF (Cost, Insurance, and Freight) simplifies international trade by clearly defining who covers shipping costs and basic insurance. Used mainly for sea transport, CIF reduces disputes by ensuring the seller handles shipping to the destination port, while the buyer assumes risk once goods are loaded. Read More »

International trade can be complex, with various expectations and challenges. The ICC created Incoterms to clarify buyer and seller responsibilities. DAP (Delivered at Place) is one such term. Under DAP, the seller delivers goods to a specified location, and the buyer handles unloading and import duties. This simplifies risk and cost management in shipping. Read More »

Effective load planning can make or break a logistics company. It’s not just about cutting costs but also about ensuring timely and efficient deliveries. In this article, we delve into the numerous benefits of load planning. You’ll gain insights into the responsibilities of a load planner, uncover common issues with traditional methods, and discover practical […] Read More »

A Bill of Exchange is a document that is used in global trade as a written order binding one party to pay a fixed sum of money to another party on demand or at a confirmed date. Read More »