What is Terminal Handling Charges of containers in import and export?
Terminal Handling Charges (THC) is the charges collected by terminal authorities for the storage, loading, and unloading of goods for transport. These charg ...
What is Tare Weight of a Container?
Tare weight is the weight of an empty container. The term unladen weight is sometimes used in place of tare weight. Tare and unladen weight means the same and ...
Import and Export by Ocean Vessels: Important 9 Pros and Cons
Advantages of Import and Export of Goods by Ocean Vessels: Costs: ocean freight is the most cost-effective way of shipping large quantities of cargo over lo ...
Destination port in import shipment, what needs to do when goods arrive?
It is to be noted that shortly before arrival of the goods at the destination port, the carrier’s(ocean vessel) destination office or agent transmits the manif ...
Bill of Lading, Types and its Function in Export and Import Trade_2022
What is Bill of Lading in Shipping ? Bill of lading acts as a contract between the shipper, carrier and consignee stating what goods are being shipped, wher ...
How to Load Cargo in a 20ft or 40ft Container in Export Shipments ?
Here are the ways to load cargo in export and import shipments in a 20ft or 40ft Container: The container must be sound (no holes, protrusions on sides or f ...
What is consolidation of goods in export ? Why important for small shipments?
Consolidation of goods is used to solve the small parcels shipments problem. Shipping agents began to play a more active role than just arranging shipments, bo ...
How to find the Verified Gross Mass (VGM) of a packed 20ft or 40ft container?
To find the Verified Gross Mass (VGM): Method 1: Weigh the loaded container as a whole. Method 2: Weigh all the items loaded into the container (includin ...
Freight Rates and other Charges for Containers: How to determine?
In marine transportation, rate charges are known as “freight rates.” The way to charge the ocean freight costs for less than container load (LCL) shipments ...
How do “Letter of Indemnity” works when Ocean Bill of Lading is Lost or Damaged?
Letters of indemnity is used to give protection or coverage to the line or carrier. Instances where bills of lading are lost or damaged warrant the need for ...
Cargo Storage in 20ft and 40ft Containers for Sea Export: Best Process_2022
To start the cargo storage in the 20ft and 40ft Containers for Sea Export: The length and width of the inside-container dimensions of the ocean container is ...
What is an Open Account Settlement & How Does it Work ?
Open Account is a settlement process where the exporter shipped and delivered the goods directly to the importer and gives up control of the shipment before th ...
What is Advance Payment & How does it Work in Import & Export?
Advance payment is mostly done by importer through Telex transfer in international trade where the payment is done in advance by the importer to the exporter b ...
Import Mobile Repairing Tools & Open Mobile Servicing Shop: Complete Guide
Why will you invest in importing mobile repairing tools and open a mobile repairing or servicing shop? You can actually open the whole store with an investm ...
Import from China best process: 5 parties (Buyer, Seller, Bank, Shipping, C&F)
In the process of import from China, 5 parties are involved; Importers, Suppliers, Banks, Shipping agents/freight forwarders and Customs clearing agents. We wi ...
5(Five) Best Product Segments to Import & How to Import ? 2023
The list of product segments to import in 2023 are: Consumer electronics items, Household items, Capital machineries, Chemicals, Food items. We will describe i ...
What is Pro forma invoice (PI) in Import and Export- Complete Guide 2023
A pro forma invoice is essentially an estimated invoice issued by the seller/exporter in advance of a shipment. This is mostly given by the seller/exporter to ...
What is Packing List (PL) in Import and Export- Complete Guide 2023
A packing list is a document that details the list of products that is exported. The packing list contains the items like quantity, description, item numbers, ...
What is Commercial Invoice (CI) in Import and Export- Complete Guide 2023
The commercial invoice is a legal document between the exporter and the importer that clearly describes the final goods sold by the supplier, the payment amoun ...
What is Certificate of Origin (COO) in Import and Export- Complete Guide 2023
The certificate of origin (COO) is used to identify the country of manufacture of the goods in the export shipment. The COO is completed by the exporter and ce ...
What is Bank Letter of Credit (LC) in Import and Export- Complete Guide 2023
A Letter of Credit is the written promise of a bank, undertaken on behalf of a buyer/importer, to pay a seller/exporter the amount specified in the credit, pro ...
Warehousing for Efficient Supply Chain: Public or Private Storage?
It is very important to have an efficient supply chain and warehousing facilities to gain a competitive advantage in your business among your competitors. E ...
Types of Products Carried by Ocean Vessels Through Waterways in Export_2023
Products Carried by Ocean Vessels Through Waterways has been and still is the cornerstone of the international trade. Around 95% of the world’s commodity vo ...
Types of Products Carried by Airlines: Complete Guide 2023
Products Carried by Airlines include: Perishables and refrigerated goods (for example, fruits, vegetables, cut flowers, fresh seafood, live lobsters, some p ...
Types of Cargo Aircraft and Air Freight Containers: Complete Guide 2023
Types of Cargo Aircraft Passenger aircraft: With the passenger traffic (main source of revenue) of the aircraft the airlines are increasingly including tr ...
Transportation Charges by Airlines for Export Cargo : Complete Guide 2023
In order to calculate the transportation charges by Airlines to be paid by the shipper or to be collected at point of destination from the consignee, the follo ...
Sea, Air or Overland: Best Transport to Choose in Export & Import?
Sea, Air or Overland: Best Transport to Choose, Once all of the relevant information regarding an export shipment has been obtained from the client (it can be ...
Packaging and Labeling of Goods in Export and Import business- Complete Guide 2023
Packaging and labeling of goods is needed in import and export trade because of 2 basic reasons: Marketing and distribution of the goods. The function of marke ...
Moving Cargo by Airlines in Export: Pros and Cons of Air Shipment 2023
Advantages of Moving Cargo by Airlines Let us see the advantages first: Speed: when goods need to move quickly, air freight, being the fastest shipping ...
Making Goods “Ready for Carriage” in Air Export: List of things to do ?
To be considered “ready for carriage,” for an export shipment the items outlined below must be provided at the time of acceptance. If any items are omitted, ...
Loading Cargo in Airlines Container and Pallets (Cargo Stowage) in Export: Complete Guide
Loading cargo in airlines container and pallets (Cargo Stowage) in export and import is done through the process of calculating the loadability of cargo into a ...
Incoterms for Shipping in Import & Export: Top 11 Explained
The eleven Incoterms for Shipping are: EXW, FCA, CPT, CIP, DAT, DAP, DDP, FAS, FOB, CFR and CIF The seven Incoterms (EXW, FCA, CPT, CIP, DAT, DAP and DDP ...
Important Parties to Work with in Import & Export Trade: 2023
There are at least 7 important parties to work with in the international trade (import & export) for the movement of goods, documents and money. The exp ...
How to Prevent Damage and Theft of Cargo in Export & Import ? Complete Guide 2023
To prevent damage and theft of cargo, we analyze the ways of how the sea and air cargo shipments get lost, damage and stolen in the origin port, transshipment ...
How to Prepare Cargo for Carriage in Airlines Transport in Export ? Complete Guide 2023
Let us see the key points to consider while preparing cargo for carriage in airlines transport: Packing The contents of each consignment must be proper ...
How to Export Goods by Road Transportation: Using Trucks, Covered Van and Trailer
In export goods by road transportation, the main commodities transported by road are mainly manufactured and miscellaneous goods, machinery and electrical equi ...
How to Export any Goods by Railway Transportation: A Complete Guide-2023
Most of the land border countries, local, interprovincial transportation of goods and freight is done by railways. Railway transportation is fast and comparati ...
How to calculate the total cost of Sea & Air Freight in Export? Complete Guide 2023
Let us know the process to calculate the total cost of Sea & Air Freight in Export: Sea Freight Sea freight is measured per cubic meter or 1,000 ki ...
General Sales Agent (GSA): Its work and functions in Airlines industry? 2023
In markets where airlines may not wish to have their own operations and/or sales office, they may nominate a general sales agent to act on their behalf for a c ...
Documents needed for Air Transport of Cargo in Export & Import: Complete Guide 2023
The lists of the regular documents needed for Air Transport of Cargo in export and import trade are: Proforma InvoiceLetter of Credit/Telex Transfer banking ...
Different Types of Ships in Import and Export Trade – A Complete Guide 2023
There are different types of ships of various configurations, sizes and shapes, ranging from general-purpose cargo ships and multi-purpose or specific-purpose ...
Complete Guide to Stuff, Inspect, Stow :Sea & Air Freight Container (2023)
In import and export trade, stuffing your goods in the right and secure way in the containers is one of the most important things. Below is a complete guide to ...
Complete Guide to Export Dangerous (DG) Goods & Chemicals (2023)
What are Dangerous(DG) Goods? Dangerous goods are products that are capable of posing a significant risk to health, safety, property, or the environment. ...
Booking Air Cargo with an Airlines in Export & Import: A Complete Guide 2023
Information Needed to Book a Air Cargo For booking air cargo with an Airlines in export and import trade, let us see the information that we (exporter or im ...
Air Freight Forwarder in Import and Export: List of Services Complete List (2023)
Cargo movement in international trade by air is a complex commercial work done by air freight forwarder in import and export. The cargo freight movement has a ...
20ft, 40ft and 40ft High Cube Ocean Containers for Export _ A Complete Guide 2022
What is Ocean Containers of 20ft, 40ft and 40 High Cube sizes? An ocean container is to facilitate the carriage of goods by one or more modes of transport w ...
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