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What is a Bill of Entry?

September 13, 2022 2812 Read More

A bill of entry is a legally binding document filed on or before imported goods arrive by consignees or custom clearance agents. The document is submitted as a part of the customs clearance procedure to the customs department. This submission allows th

What is an AWB and its purpose?

September 12, 2022 3736 Read More

Also known as an Air Consignment Note, AWB or Airway Way Bill is a non-negotiable document that an air carrier issues to

What is a Bill of Lading?

September 10, 2022 5531 Read More

A bill of lading often abbreviated as BOL or B/L is one of the most crucial documents required while shipping goods. It

What is the procedure for Shipping Bill generation?

September 09, 2022 6589 Read More

The procedure for generating a Shipping Bill is as follows:The shipper has to register with the Customs with either thei

What is a shipping Bill?

September 08, 2022 4508 Read More

Shipping goods from point A to point B involves several formalities. The shipping bill is a document issued by the Custo

Ocean Freight Shipping Surety Bonds

September 07, 2022 3729 Read More

Every day, thousands of large financial transactions occur in the ocean freight shipping industry, and ocean freight carriers take responsibility for millions of dollars’ worth of cargo on almost every voyage. Thus, it’s important to have legal structures

Ocean Freight Shipping Regulatory Organizations

September 07, 2022 3324 Read More

It’s also important to be familiar with the organizations that regulate marine commerce and traffic. There are two main marine regulatory organizations that anyone involved in ocean freight shipping should be aware of

Freight Demand Is Moderating Heading Toward the Fourth Quarter

September 06, 2022 5914 Read More

Trucking and rail measures show shipment counts flat and even slipping as inflation takes a toll on consumer demand

Understanding Bills of Lading

September 06, 2022 3863 Read More

The ocean bill of lading is the most important document in the ocean freight shipping process. For shippers and carriers alike, the bill of lading documents the terms of the shipping contract establishes the parties and provides a record to track the carg

Retailers Scrambling to Stow Inventories Are Turning to Transport Equipment

September 05, 2022 5780 Read More

More truck trailers and shipping containers are being used as mobile warehouses, the latest sign of ad hoc adjustments in strained supply chains

Types of Businesses Within the Ocean Freight Shipping Industry

September 05, 2022 3720 Read More

Many different types of businesses make up the ocean freight shipping supply chain. Some of the most important types of marine freight businesses include

Pros and Cons of Ocean Freight Shipping

September 04, 2022 4910 Read More

For businesses wondering whether ocean freight shipping is the right choice for their supply chain, it’s essential to consider the pros and cons of this method. Consider these fundamental factors when deciding whether to use ocean freight shipping

Understanding the Different Types of Marine Freight(FCL,LCL,RORO,Dry Bulk,Break Bulk)

September 03, 2022 6173 Read More

Several different categories of marine freight are in common use today. Generally, ocean freight shipping falls into the following categories

Intermodal Containers and TEUs: The Basic Units of Marine Freight

September 02, 2022 3660 Read More

Intermodal containers are among the first elements that any business should understand when it comes to marine freight. An intermodal container is a large steel container with standardized dimensions that can also be loaded onto a tractor-trailer or freig

Truck, rail, and air freight are all important methods of shipping

September 01, 2022 5870 Read More

Truck, rail, and air freight are all important methods of shipping, and each has a role to play in today’s supply chain landscape. However, when it comes to moving huge quantities of goods around the world, ocean freight shipping is still the undisputed c

What is the difference between 3PL and 4PL?

August 31, 2022 3867 Read More

3PL Logistics4PL LogisticsIn a 3PL model,an enterprise maintains management oversight but outsources operations of trans

What are the difference modes used in International Logistics?

August 31, 2022 3864 Read More

Main modes of transportation in the freight shipping industry as follows:Ocean shippingOcean shipping is the most widely

What is the difference between Freight and Cargo?

August 30, 2022 3337 Read More

CargoFreightThe term cargo generally refers togoods transported by ship or sea.The term freight is usually used in the c

What are freight charges?

August 29, 2022 3327 Read More

Freight charges or freight rate is the price that the shipper pays to the carrier for shipping his goods from the source

What are the commonly used terms in International Trade?

August 28, 2022 3745 Read More

INCOTERMS (International Commercial Terms)EX-WorksFOB (Free On Board)FCA (Free Carrier)CFR (Cost and Freight)CIF (Cost,

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