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  • Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

    Last updated on June 12, 2024 by Ben Thompson

    To grow your import business, understand landed costs, profit margins, and operating costs. Create a solid plan for selling products in your market. Calculate landed costs, set profitable selling prices, and consider operating expenses like storage and working capital. Plan sales and marketing strategies, considering market risks and costs. Invest in efficient software to streamline…

  • Incoterms® 2020 Explained – The Complete Guide

    Last updated on May 28, 2024 by Ben Thompson
    Incoterms 2020 chart for import export

    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…

  • Download a Proforma Invoice Template PDF

    Last updated on April 16, 2024 by Ben Thompson

    A Proforma Invoice template is an important document used when selling goods Internationally. It can also be referred to as a “pro forma invoice” or “performa invoice”. In this article you can download a Proforma Invoice PDF template to use for global trade.

  • Glossary of Shipping Terms

    Last updated on March 1, 2024 by Ben Thompson

    The International shipping and marine transport industry is full of unique shipping terms and shipping abbreviations. And these are used every day to describe everything from modes of transport, units of measure, pricing structures, IncoTerms and much more. Therefore, it’s important that importers, exporters and freight companies correctly communicate freight terms to avoid problems or…

  • How to Calculate the Landed Cost of Imported Products

    Last updated on February 26, 2024 by Ben Thompson
    Calculating landed cost of imported products

    Businesses that are involved in Global Trade are faced with dozens of additional costs, fees and charges involved with importing products through to the final location. It’s imperative that buyers understand the actual final costs of imported products in advance, to make smart decisions for their business.

  • Create and Download a Commercial Invoice Template for Global Trade

    Last updated on February 8, 2024 by Ben Thompson
    Create and Download a Commercial Invoice template for Global Trade

    A Commercial Invoice is an important trade document that is used in Global Trade and shipping. When products are shipped Internationally the shipper must provide the Consignee (importer) with a detailed Commercial Invoice template and other shipping documentation.

  • Incoterms® 2024: Guide, and changes of Incoterms® Explained

    Last updated on January 31, 2024 by Ben Thompson
    Incoterms 2024

    Incoterms® Guide to use in 2024 Incoterms® were first published in 1936 and are continually updated over time to reflect the changing global business environment to be continually used in 2024 and beyond. The International Chamber of Commerce ICC published the latest version of Incoterms® 2020.  These changes came into effect on the 1st of January 2020 and…

  • Alpha, Bravo, Charlie code: the NATO Phonetic Alphabet

    Last updated on January 17, 2024 by Ben Thompson
    Phonetic Alphabet communication

    This alphabet assigns unique code words to each letter, from 'Alpha' for 'A' to 'Zulu' for 'Z', ensuring clarity, especially in noisy environments. It's a simple yet effective method to avoid misunderstandings and is widely used in global logistics, customer service, and international business. Learn the pronunciation and application of each of the 26 code…

  • Dangerous Goods and IMO Classes Explained

    Last updated on January 15, 2024 by Ben Thompson

    Discover the essentials of transporting hazardous goods and the crucial role of the International Maritime Organization (IMO) in ensuring safety. This insightful piece dives into the nine classes of dangerous goods, including explosives, gases, and corrosive substances. Learn about the specific handling, labeling, and storage requirements for each class, highlighting the importance of proper management…

  • Incoterms® in 2023 Guide

    Last updated on December 6, 2022 by Ben Thompson
    Incoterms 2023 Guide

    It is important to know which Incoterms® are applicable in 2023 as they determine the responsibilities of buyers and sellers. Additionally, incorrect Incoterms® can result in costly errors or delays in international trade.

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Glossary of Shipping Terms

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Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

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Export Manager's Guide to Remote Working

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Download a Proforma Invoice Template PDF

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Unit Load Device ULD Air Container Specifications

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