Wednesday, September 23, 2020
Bonded Warehouse
Bonded warehouses are a unique proposition that the owners of the bonded warehouse and the Customs Border Patrol share responsibilities in its operation. They are an extension of an area where the CBP...
Foreign currency risk
Foreign Currency is, in essence, a result of economic conditions, a symptom instead of a contributing factor. It is a sum of factors including: - Monetary PolicyMacroeconomic FactorsGlobal events
air freight rate calculation
The process of calculating air freight charges is a relatively simple ordeal, where it only requires two variables: The chargeable weight and the applicable rate per chargeable weight. The major work, however, is...
What is EDI
Whichever way that you are involved in the logistics sector, a freight forwarder, an NVOCC, a customs broker, a shipper, an importer, or even a large-scale manufacturer, you definitely have come across the...
Letter of Credit
Baker and Dolan, Users' Handbook for Documentary Credits under UCP 600, ICC Publication
air waybill guide
There is 63.3 million metric tons a year worth of cargos flying in the sky. The information flow of the cargo through to multiple parties revolves around a single piece of paper; The...
Apart from logistics-related companies, freight charges, port handling charges, transportation charges are expenses to any business. Large corporations can have a level of control over their supply chain infrastructure, whereas medium to small...
Signing a Proforma Invoice
This is a delicate document, accountants will have one understanding of a proforma invoice, law practitioners have another understanding of the document, and finally, exporters and importers have another use of the document....
Improve Supply Chain Efficiency
Introduction Supply Chain Management is a management of business operations that processes raw materials into finished goods, deliver the goods to the final intended customer, and everything in between and...
How to ship DG Cargo
Describe the 9 classes of dangerous goods and it's divisions | Use real cargo examples to explain the key area to focus on | DG Cargo comprehensive explanation