Search Results for: US+Port+Str

Shipping Container Costs: What You Need to Know Before Buying

Shipping Container Costs: What You Need to Know Before Buying

Money makes the world go round, right? The numbers we see, they’re like breadcrumbs guiding our shopping trips and steering how companies operate. Do you know how prices keep swinging up and down? It’s like a wild roller coaster that affects pretty much everything we do. Now, imagine you’re gearing up to launch your dream…

How Container Shipping Works: The Lifeblood of Global Trade
|

How Container Shipping Works: The Lifeblood of Global Trade

Have you ever thought about what happens after you hit “buy now” online? Here’s the kicker: your slick new sofa or those fresh sneakers you’ve got your eye on aren’t just taking a stroll to your place.  Picture this: your must-have items sailing across oceans, on a mission facilitated by these oversized metal boxes. It’s…

What are Shipping Documents?

What are Shipping Documents?

What are they? Shipping Documents encompass a diverse set of paperwork and records that accompany goods during the transportation process, providing a comprehensive trail of information from the point of origin to the final destination. These documents facilitate and regulate the movement of goods across borders, ensuring compliance with regulations and serving as crucial proof…

What is Packing List? 

What is Packing List? 

What is it? A Packing List stands as a meticulously detailed document outlining the granular specifics of a shipment’s contents. It itemizes each product or item being transported, encompassing quantities, dimensions, weights, packaging information, and any essential handling instructions. This document serves as a fundamental component of the shipping process, providing a comprehensive snapshot of…

What is Commercial Invoice: The Crucial Document in International Trade Transactions

What is Commercial Invoice: The Crucial Document in International Trade Transactions

What is it? A Commercial Invoice is a comprehensive document issued by the seller (exporter) to the buyer (importer) detailing the goods sold in an international trade transaction. It serves as a formal request for payment and provides a detailed breakdown of the goods, prices, terms of sale, and other essential transactional information. Function and…

What is Certificate of Origin: Validating the Source of Goods in International Trade

What is Certificate of Origin: Validating the Source of Goods in International Trade

What is it? A Certificate of Origin (COO) is an official document issued by an authorized body, verifying the country of origin of goods being exported. It attests that the goods originated from a specific country, confirming their place of production or manufacture. This certificate serves as a vital component of international trade documentation, essential…

What is Arrival Notice

What is Arrival Notice

What is it? An Arrival Notice is a formal communication issued by the carrier or shipping agent to the consignee or receiver of goods. It serves as notification of the impending arrival of a shipment at its destination port or warehouse. This notice typically includes crucial details about the shipment and prompts the consignee to…

What is ETD: Estimated Time of Departure?

What is ETD: Estimated Time of Departure?

What is it? Estimated Time of Departure (ETD) is a fundamental term in logistics and transportation, representing the anticipated moment when a shipment or vehicle is scheduled to initiate its journey from a specific origin point, such as a warehouse, manufacturing facility, or distribution center. How it helps? Strategic Planning: ETD facilitates strategic planning within…

What is DDU (Delivered Duty Unpaid)

What is DDU (Delivered Duty Unpaid)

Definition: DDU, or Delivered Duty Unpaid, is an international trade term that outlines the responsibilities, costs, and risks associated with the delivery of goods from the seller to the buyer. As part of the Incoterms (International Commercial Terms), DDU specifies that the seller is responsible for delivering the goods to a named destination in the…

The Critical Role of Last Mile Delivery in B2B Logistics

The Critical Role of Last Mile Delivery in B2B Logistics

Customer expectations for online deliveries have grown in today’s fast-paced business world. According to Jungle Scout’s Consumer Trends Report from July 2021, a staggering 41% of consumers expect their online orders to be delivered within two to three days, with an even larger portion of 27% demanding the convenience of same or next-day delivery. Businesses…

What is FAS: Free Alongside Ship

What is FAS: Free Alongside Ship

Risk Management: The risk associated with the goods transfers from the seller to the buyer once the goods are placed alongside the ship. This demarcation point aids in risk management and helps both parties understand their obligations. International Trade Facilitation: FAS is part of a set of standardized rules (Incoterms) that facilitate international trade by…

Ultimate guide to real time visibility: Benefits and challenges
|

Ultimate guide to real time visibility: Benefits and challenges

What is Real-Time Visibility? Real-time visibility (RTV) is the ability to track and monitor the location and status of goods as they move through the supply chain. It provides businesses with a complete view of their inventory, from the raw material stage to the final customer. RTV is becoming increasingly important in today’s globalized economy,…

Unlocking Efficiency in Logistics: API vs. EDI Integration and the Power of Webhooks
|

Unlocking Efficiency in Logistics: API vs. EDI Integration and the Power of Webhooks

In the world of logistics, efficiency is the name of the game. In a digital age where data reigns supreme, the battle between API, EDI, and Webhooks has never been more critical. Let us try to understand the difference between EDI, API, and Webhooks with the help of an analogy. Consider an example where information…

What is Ex Works (EXW)

What is Ex Works (EXW)

Definition: Ex Works (EXW) is an international trade term that defines the responsibilities, costs, and risks associated with the delivery of goods from the seller to the buyer. Under EXW terms, the seller’s primary obligation is to make the goods available for pickup at their premises or another named place (such as a factory or…

What is CIP (Carriage and Insurance Paid To)

What is CIP (Carriage and Insurance Paid To)

Definition: CIP, or Carriage and Insurance Paid To, is an international trade term that outlines the responsibilities, costs, and risks associated with the delivery of goods from the seller to the buyer. CIP terms specify that the seller is responsible for arranging and paying for the carriage (transportation) and insurance of the goods to a…

What is CIF (Cost, Insurance, and Freight)

What is CIF (Cost, Insurance, and Freight)

Definition: CIF, or Cost, Insurance, and Freight, is a widely used international trade term that specifies the responsibilities and costs associated with the shipment and delivery of goods. CIF is primarily used in the context of maritime shipping and outlines that the seller is responsible for delivering the goods to a named port of destination…