OW - News_GT Global Transportation Networkpage5

Demand plummets in Bangladesh: 'no-one is sending goods by air now'

November 01, 2022 4362 Read More

With demand for goods falling drastically in international markets, air cargo flows fromBangladeshhave fallen almost 75%

Ocean Freight from China to the US

October 26, 2022 5816 Read More

Ocean Freight FCLFCL, or full container load, means your goods fill an entire container, either 20’ or 40’ long. If yo

How Does Freight Shipping Work?

October 25, 2022 4283 Read More

How Does Freight Shipping Work?

What is a Freight Forwarder

October 25, 2022 2668 Read More

Afreight forwarder, orforwarding agent, is a person or company that organizes shipments for individuals orcorporationsto

Logistics Deal Making Falters as Freight Demand Slows

October 13, 2022 2704 Read More

Rising interest rates and falling revenues are dampening a recently booming market for mergers and acquisitionsA once-bu

How is technology changing logistics?

September 30, 2022 8003 Read More

The logistics and supply chain industry lend itself well to the digitisation and automation technology. Technological ad

How is insurance calculated in EXIM?

September 29, 2022 4000 Read More

The premium of a marine insurance policy depends on the following factors:The nature and value of the goods that are bei

Why is Insurance necessary in EXIM Trade?

September 28, 2022 2448 Read More

Export Credit Insurance or ECI ≈ Export Credit Insurance or ECI protects against the risk of non-payment by a foreign b

What are the important payment terms used in EXIM?

September 27, 2022 3282 Read More

Clean PaymentsPayment Collection of Bills in International TradeLetter of Credit L/c

What is Line of Credit?

September 26, 2022 4771 Read More

Line of credit can be defined as a credit facilitated by banks or any other financial institutions to a government or a

What is Transshipment?

September 23, 2022 3008 Read More

A transhipment occurs when there is no direct connection between two ports and the goods have to be stored at an interme

The Importance of Sailing Schedules. Why do you need vessel schedules?

September 22, 2022 6889 Read More

The changing schedules of millions of vessels make shipping more difficult for importers and exporters each year. For an

What are the Freight Forwarder Payment terms?

September 22, 2022 6455 Read More

Cash against goodsCash against documentsCash in advanceLetters of credit

Why is having visibility over cargo movement necessary?

September 21, 2022 7384 Read More

It gives you the ability to see real-time data for freight movements which enable transportation managers to stay a step

How to calculate Volumetric weight?

September 20, 2022 6708 Read More

A stakeholder is a person or a group who has an interest in a given situation, and who is an active player. A stakeholde

What is the Cargo Booking Process?

September 19, 2022 5134 Read More

Check restrictionsSelect product and serviceMake bookingPrepare cargo and paperworkComplete Air WaybillDrop cargoTrack c

What is the difference between HBL and MBL?

September 16, 2022 5214 Read More

A bill of lading is issued as either a House Bill of Lading or a Master Bill of Lading.A House Bill of lading or else HB

What is an HBL?

September 15, 2022 4835 Read More

A House Bill of Lading or HBL is a document generated by an Ocean Transport Intermediary (OTI) such as a non-vessel oper

European trucking hit by low demand and costly fuel

September 14, 2022 2805 Read More

Post-pandemic truck utilisation has fallen substantially with a decline in driver numbers and a surge in empty backhaul

What is HAWB?

September 14, 2022 4704 Read More

House airwaybill or HAWB is one of the documents used while shipping goods by air. It is issued and signed by a freight forwarding agent and it serves as an evidence of the terms and conditions as specified by the freight forwarder for carrying the goods.

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