Your Global Trade Knowledgebase
succeed in Global Trade.
For Importers
Maersk Imposes $1,000 Surcharge
Last updated on March 8, 2024 by Ben Thompson
New Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Glossary of Shipping Terms
Last updated on March 1, 2024 by Ben ThompsonThe 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…
Colombia Embarks On Historic Quest To Uncover $20 Billion In Treasures
Last updated on February 29, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
US, UK Sanction $100M Iranian-Houthi Shipping Plot
Last updated on February 29, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Just-in-Time (JIT) Manufacturing in 2024: Definition, Examples, and Pros & Cons
Last updated on February 28, 2024 by Ben ThompsonJust-In-Time (JIT) manufacturing minimizes inventory, aligning production with demand to cut costs and improve efficiency. It reduces storage and financing expenses, enhancing supply chain responsiveness. Despite benefits like cost savings and agility, JIT faces risks from supply chain disruptions and requires precise demand forecasting and strong supplier coordination to succeed.
How to Calculate the Landed Cost of Imported Products
Last updated on February 26, 2024 by Ben ThompsonBusinesses 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.
How the Electronic Bill of Lading Improves the Shipping Process
Last updated on February 23, 2024 by Ben ThompsonOver the past few years there have been advancements in technology that have transformed the traditional paper based Bill of Lading into an Electronic Bill Of Lading (eB/L) format. This new technology is also referred to as E Bill of Lading, Electronic Bill or Digital Bill of Lading. The new Electronic Bills of Lading can…
Vessel Still Afloat Despite Houthi Claims of Sinking
Last updated on February 22, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Russia and China Declare End to Trading in US Dollars
Last updated on February 22, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
What is shipping container cargo consolidation?
Last updated on February 21, 2024 by Ben ThompsonOptimize shipping costs with container consolidation. Combine smaller shipments into one full container load. Save on fees and reduce damage risk. Learn how to arrange and choose the right consolidator for seamless logistics.
Maersk Imposes $1,000 Surcharge
Last updated on March 8, 2024 by Ben Thompson
New Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Glossary of Shipping Terms
Last updated on March 1, 2024 by Ben ThompsonThe 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 disputes arising from misunderstanding them. Read More »
Colombia Embarks On Historic Quest To Uncover $20 Billion In Treasures
Last updated on February 29, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
US, UK Sanction $100M Iranian-Houthi Shipping Plot
Last updated on February 29, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Just-in-Time (JIT) Manufacturing in 2024: Definition, Examples, and Pros & Cons
Last updated on February 28, 2024 by Ben ThompsonJust-In-Time (JIT) manufacturing minimizes inventory, aligning production with demand to cut costs and improve efficiency. It reduces storage and financing expenses, enhancing supply chain responsiveness. Despite benefits like cost savings and agility, JIT faces risks from supply chain disruptions and requires precise demand forecasting and strong supplier coordination to succeed. Read More »
How to Calculate the Landed Cost of Imported Products
Last updated on February 26, 2024 by Ben ThompsonBusinesses 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. Read More »
How the Electronic Bill of Lading Improves the Shipping Process
Last updated on February 23, 2024 by Ben ThompsonOver the past few years there have been advancements in technology that have transformed the traditional paper based Bill of Lading into an Electronic Bill Of Lading (eB/L) format. This new technology is also referred to as E Bill of Lading, Electronic Bill or Digital Bill of Lading. The new Electronic Bills of Lading can provide many advantages for several parties involved in the supply chain. Read More »
Vessel Still Afloat Despite Houthi Claims of Sinking
Last updated on February 22, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Russia and China Declare End to Trading in US Dollars
Last updated on February 22, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
What is shipping container cargo consolidation?
Last updated on February 21, 2024 by Ben ThompsonOptimize shipping costs with container consolidation. Combine smaller shipments into one full container load. Save on fees and reduce damage risk. Learn how to arrange and choose the right consolidator for seamless logistics. Read More »
