What are the import and export codes in trade?
The import and export codes in trade are allotted by the Director General of Foreign Trade (DGFT) to all traders across the globe. It allows
Importance of International Container Transshipment Terminals
International container transhipment terminals are located within port premises to facilitate the transfer of shipping containers between vessels or other modes of transport. When a
Customs Bond: Types, Definition, Works, and Examples
Customs bond is a mandatory agreement required by the US CBP (Customs and Border Protection) to allow importers to import their goods across the US
Storage Containers Unleashed: The Ultimate Guide
Storage containers are large steel structures used for transporting goods over long distances. Moreover, their usability is beyond their original purpose. They can be small
Decoding Terminal Handling Charges in Shipping
Terminal handling charges in shipping refer to the fees levied by the port or terminal authorities on the shippers or shipping companies to compensate for
Difference between Docking and Cross-docking
Docking and cross-docking are strategies in the logistics industry meant to increase the efficiency and safety of the transportation process. While docking refers to parking
Understanding the Types of Refrigerated Cargo and their shipping
Shippers across the globe transport different types of refrigerated cargo across international borders to cater to the rising demands of the supply chain. Goods such
Explaining Ex Works Incoterm: Benefits and how it works
Ex Works Incoterm is one of the eleven foreign trade terms that allow shipping parties, primarily the seller and the buyer, to know their responsibilities.
Yard Management Systems: The Future of Logistics
Yard management systems are the future of maritime logistics, helping improve the operational efficiency and revenue generation of container yards. Yard operations include handling containers,
Consolidation in Logistics: Definitions, Types, and Terms
Consolidation in logistics refers to combining multiple small shipments into a singular large shipment for international transportation. It is challenging for shippers to transport small
Telex Release in Shipping: A Comprehensive Guide
Telex release in shipping is an optional process that shippers, consignees, or NVOCC can use to file a release of the shipment from the shipping
Overview of port dues in shipping
Port dues in shipping refer to the charges imposed by the port authorities on vessel operators for using port facilities and services. Maritime shipping is