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Freight Forwarding, Shipping & Logistics

Welcome to the TFG freight forwarding, shipping and logistics hub. Moving goods and services from A to B has become complex, as supply chains have grown longer and fragmented. Whether you’re transporting goods, or learning about supply chains, warehousing, transportation and packaging, we’ve got you covered.

Featured Insights

Fireside chat: Contour on platforms, competition, and the misconceptions of interoperability – The need for trade digitization has never been more prevalent than it is today, especially with pandemic-induced restrictions emphasizing the inefficiency of paper-based trade. Our Editor, Deepesh Patel sat down with Contour’s CEO and Chief Product Officer, as well as TradeLens’ Head of Strategy and Operations, to discuss how fintech can come together to partner to solve these problems.
The impact of the M.V. Ever Given incident on traders – New risks on the horizon – The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
A roadmap to the digital transformation of commercial shipping – TFG heard from Punit Oza, Executive Director at the Singapore Chamber of Maritime Arbitration, who talked about the main pillars that support a transforming organisation in the commercial shipping and freight sector.

Latest Insights >>

Is trade digitization the answer to commodity trade finance fraud?
Modifications and exclusions in commercial Letters of Credit Issued under UCP 600
Covid-19 aftermath – consumer demand shifts, changing supply chains and shipping containers
Demurrage and spreadsheets: why it might be time to get rid of your spreadsheets
Podcast: The freight crisis: HGV driver shortage, shipping blockages and the digital future of freight
VIDEO: How can we reform the shipping industry to attract young professionals?
Fireside chat: Contour on platforms, competition, and the misconceptions of interoperability
The impact of the M.V. Ever Given incident on traders – New risks on the horizon
A roadmap to the digital transformation of commercial shipping

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
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Videos – Freight Forwarding, Shipping & Logistics

VIDEO: How can we reform the shipping industry to attract young professionals?
VIDEO: Incoterms and Letters of Credit
VIDEO: Rethinking the customer journey for trade finance – fintech and bank collaboration

Shipping Rules Guide

A basic 16 page shipping rules guide, including the latest updates to the Incoterms® 2020 Rules, to be used in conjunction with The International Chamber of Commerce’s (ICC) new book, INCOTERMS® 2020.

This short page guide provides an article by article commentary on the Incoterms® 2020 Rules.

Freight Forwarding, Logistics and Shipping Podcasts




Taxes and Codes

1 | IGST, SGT and CGST >

2 | HSN Codes>

3 | HS Codes >

4 | GST >

5 | Telex Releases >

6 | IGM and Bill of Entry >

Freight Forwarding Frequently Asked Questions

Should I use a freight forwarder if I know very little about logistics?

When people are not comfortable about shipping logistics, it is sometimes easier to use a freight forwarder. Their services vary and they can assist in improving efficiency both in relation to cost and time, as they are able to consolidate smaller shipments. They can also assist in your navigation around the rules when considering a voyage that you are not familiar with.

How do I choose a freight forwarder?

It might be important to ask the following questions in this scenario:

Are they a member of the British International Freight Association (BIFA) and so covered by freight liability insurance?
Have they worked with clients similar to you and do they have experience with similar products?
Do they work in the same countries you are shipping in?
Are their expertise restricted to a number of countries?
Can they handle multiple transport methods?

Strategic Partners


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Contents

Freight Forwarding Hub

1 | Introduction to Freight Forwarding
2 | Air Freight
3 | Bill of Lading (BL)
4 | Container Shipping
5 | Demurrage
6 | Import General Manifest (IGM) and a Bill of Entry
7 | Full Container Loads vs Less than Container Loads
8 | Inbound Logistics
9 | Container Freight Stations
10 | Container Yards (CY)
11 | Ocean Freight
12 | Reefer Containers
13 | Telex Releases
14 | HS Codes
15 | HSN Codes
16 | IGST, SGST and CGST
17 | Marine Insurance
18 | DSV Tracking
19 | Certificate of Origin

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get started

Latest News

22Oct

British tea and coffee supplier secures government support for expansion

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Union Papertech announces expansion into the production of environmentally friendly tea bags. Despite the struggles faced by many businesses during… Read More →

18Oct

Macquarie strengthens position as a global shipping lender with total market value surpassing $US3 billion

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Macquarie Shipping Finance, a specialist in providing finance to SME shipowners has now financed over 190 vessels, with a total… Read More →

01Oct

CEOs and world leaders call on governments to reform trade

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Roughly 30 CEOs and Chairpersons of industry-leading companies call on governments to resolve geopolitical tensions, focus on trade reform and… Read More →

01Oct

Is trade digitization the answer to commodity trade finance fraud?

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Commodity trade finance fraud and losses, along with trade finance digitization, have emerged as common themes in trade finance recently…. Read More →

29Sep

Modifications and exclusions in commercial Letters of Credit Issued under UCP 600

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Since the inception of UCP 600, trade finance professionals, in particular, the letter of credit community, have been discussing the… Read More →

22Sep

Covid-19 aftermath – consumer demand shifts, changing supply chains and shipping containers

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Eighteen months into the COVID-19 pandemic and shipping bottlenecks are challenging companies to meet demand. The global outlook is uncertain,… Read More →

16Sep

Demurrage and spreadsheets: why it might be time to get rid of your spreadsheets

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Though you may be familiar with the terms demurrage and detention in the context of the container business, this article… Read More →

08Sep

Podcast: The freight crisis: HGV driver shortage, shipping blockages and the digital future of freight

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Global supply chains have been and continue to be deeply impacted by the changes that have taken place in the… Read More →

07Sep

VIDEO: How can we reform the shipping industry to attract young professionals?

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Our editor, Deepesh Patel sat down with Zencargo’s Sales Director, Sam Greenhalgh to discuss what changes need to take place… Read More →

07Sep

Fireside chat: Contour on platforms, competition, and the misconceptions of interoperability

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The need for trade digitization has never been more prevalent than it is today, especially with pandemic-induced restrictions emphasizing the… Read More →

Incoterms® Index

Ex Works (EXW)
Free Carrier (FCA)
Carriage Paid To (CPT)
Carriage and Insurance Paid To (CIP)
Delivered at Place (DAP)
Delivered At Place Unloaded (DPU)
Delivery Duty Paid (DDP)
Free Alongside Ship (FAS)
Free on Board (FOB)
Cost and Freight (CFR)
Cost Insurance and Freight (CIF)

About the Author

Trade Finance Global (TFG) assists companies with raising debt finance. While we can access many traditional forms of finance, we specialise in alternative finance and complex funding solutions related to international trade. We help companies to raise finance in ways that is sometimes out of reach for mainstream lenders.

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