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Ocean shipping rates hit multi-year low
Last updated on August 24, 2023 by Ben ThompsonTrans-Atlantic shipping rates have plummeted to their lowest in over a decade, with a 79% drop from a 2022 peak to $1,577 per FEU, significantly below pre-pandemic levels, highlighting major shifts in shipping costs and market dynamics.
BRICS Alliance & US Dollar Pressures
Last updated on August 9, 2023 by Ben ThompsonThe BRICS Alliance aims to use local currencies for trade, reducing reliance on the U.S. dollar to boost economies and efficiency. This move could reshape global financial structures and lessen the dollar's dominance in foreign reserves.
USA Driver Pay Reaches $170k
Last updated on August 9, 2023 by Ben ThompsonUPS driver pay is set to reach $170k annually under a new labor agreement, reflecting significant wage hikes amid rising inflation. This move aims to improve worker conditions but is expected to impact UPS's profits due to increased labor costs.
Incoterms® in 2023 Guide
Last updated on December 6, 2022 by Ben ThompsonIt 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.
Best Software for Small Business Exporters in 2022
Last updated on June 16, 2022 by Ben ThompsonSimplify & streamline your day-to-day import/export business operations with the best software for exporters 2022.
Australia India Free Trade Agreement Details and Industries that will be Affected.
Last updated on April 29, 2022 by Ben ThompsonA new Australia-India Free Trade agreement was signed on the 2nd of April 2022. The agreement, also known as the Australia-India Comprehensive Economic Cooperation Agreement (AI-CECA) is an interim agreement, as both countries continue to work towards a full Comprehensive Economic Cooperation Agreement.
Incoterms® in 2022 Guide
Last updated on April 13, 2022 by Ben ThompsonIncoterms® were first published in 1936 and are continually updated over time to reflect the changing global business environment to be continually used in 2022 and beyond.
Podcast | Rising Shipping Rates & Container Loading Software
Last updated on December 14, 2021 by Ben ThompsonIn this episode, Lukas from EasyCargo gives insight into the rise of shipping rates and how container loading software is used by exporters to maximize loading space, ensure safe load distribution, and reduce shipping costs to remain competitive in today’s changing market
International Trade Finance Explained: How It Works, Benefits, and Real-Life Examples
Last updated on May 19, 2021 by Ben ThompsonIf you’re an exporter or importer involved in global trade, getting access to International Trade Finance is a key part to succeeding in International trade. Global trade finance can also be known as pre export financing, import export finance or export invoice finance.
Brexit Guide, Shipping Beyond 2020
Last updated on December 11, 2020 by Ben ThompsonThe United Kingdom officially left the European Union on the 31st of January 2020. The UK is in a transition period (or implementation period) that ends on the 31st of December 2020. During that time, the UK-EU trading relationship remains the same.
Ocean shipping rates hit multi-year low
Last updated on August 24, 2023 by Ben ThompsonTrans-Atlantic shipping rates have plummeted to their lowest in over a decade, with a 79% drop from a 2022 peak to $1,577 per FEU, significantly below pre-pandemic levels, highlighting major shifts in shipping costs and market dynamics. Read More »
BRICS Alliance & US Dollar Pressures
Last updated on August 9, 2023 by Ben ThompsonThe BRICS Alliance aims to use local currencies for trade, reducing reliance on the U.S. dollar to boost economies and efficiency. This move could reshape global financial structures and lessen the dollar's dominance in foreign reserves. Read More »
USA Driver Pay Reaches $170k
Last updated on August 9, 2023 by Ben ThompsonUPS driver pay is set to reach $170k annually under a new labor agreement, reflecting significant wage hikes amid rising inflation. This move aims to improve worker conditions but is expected to impact UPS's profits due to increased labor costs. Read More »
Incoterms® in 2023 Guide
Last updated on December 6, 2022 by Ben ThompsonIt 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. Read More »
Best Software for Small Business Exporters in 2022
Last updated on June 16, 2022 by Ben ThompsonSimplify & streamline your day-to-day import/export business operations with the best software for exporters 2022. Read More »
Australia India Free Trade Agreement Details and Industries that will be Affected.
Last updated on April 29, 2022 by Ben ThompsonA new Australia-India Free Trade agreement was signed on the 2nd of April 2022. The agreement, also known as the Australia-India Comprehensive Economic Cooperation Agreement (AI-CECA) is an interim agreement, as both countries continue to work towards a full Comprehensive Economic Cooperation Agreement. Read More »
Incoterms® in 2022 Guide
Last updated on April 13, 2022 by Ben ThompsonIncoterms® were first published in 1936 and are continually updated over time to reflect the changing global business environment to be continually used in 2022 and beyond. Read More »
Podcast | Rising Shipping Rates & Container Loading Software
Last updated on December 14, 2021 by Ben ThompsonIn this episode, Lukas from EasyCargo gives insight into the rise of shipping rates and how container loading software is used by exporters to maximize loading space, ensure safe load distribution, and reduce shipping costs to remain competitive in today’s changing market Read More »
International Trade Finance Explained: How It Works, Benefits, and Real-Life Examples
Last updated on May 19, 2021 by Ben ThompsonIf you’re an exporter or importer involved in global trade, getting access to International Trade Finance is a key part to succeeding in International trade. Global trade finance can also be known as pre export financing, import export finance or export invoice finance. Read More »
Brexit Guide, Shipping Beyond 2020
Last updated on December 11, 2020 by Ben ThompsonThe United Kingdom officially left the European Union on the 31st of January 2020. The UK is in a transition period (or implementation period) that ends on the 31st of December 2020. During that time, the UK-EU trading relationship remains the same. Read More »