It is fascinating how logistics revolves around pieces of papers, even with technology advancements woven into our lives, documents such as the bill of exchange and the bill of lading are still very...
Category: Shipping
Here is another interesting juxtaposition, the Free Alongside Ship and Free on Board. Since the majority of international trade is done with shipping containers, we will wager that you will see the...
For the cargo owners, when you receive a short shipment notice by either your freight forwarder or your shipping agent, you are bound to face some administrative headaches and potentially, additional...
The Bill of Lading, one of the most important documents in transportation logistics, is issued by the main carriers as a contract of carriage to its clients/agents. But, with third-party logistics...
Once a booking confirmation for export has been set, shipping agents, forwarders and NVOCCs will prepare the bill of lading according to the details of the booking confirmation. But throughout the...
Introduction If you ever had the chance to look at a bill of lading, you will see the phrase “Freight Collect” or “Freight Payable” and “Freight Prepaid” printed at the bottom. Freight...
