Certificates of Origin, alongside with the ICC Incoterms® rules, are some of the most crucial trade documents which authenticate the origin of any goods which are exported. Trade Finance Global spoke to CO experts, traders, shippers and producers, compiling a list of the most common mistakes when preparing Certificates of Origin, and how to avoid them.
As part of the Incoterms 2020 Media Alliance with the ICC UK, Trade Finance Global reports important information on the rules that are changing for Incoterms at the end of the year. Using the wrong ICC Incoterm when trading goods worldwide exposes companies to greater risk and cost in the form of lost goods or unnecessary disputes
The Gartner hype cycle serves as a tool to help decision makers and investors gauge the actual current state of a technology in a given domain, separating its real-world utility from its surrounding hype and disillusionment. The cycle was first introduced in 1995 and has since served as an accurate representation of the typical progression of an emerging technology.
With numerous bodies and organisations speculating, pre-selling courses and providing information on fake incoterms, TFG gets behind incoterms 2020, why there are rumours, what’s fake, and what’s true.
Exporting is great, but growing your business outside of the homeland faces significant challenges. With geopolitical challenges, trade wars, and a constant need to keep your finger on the pulse in terms of margins and P&L, taking a more strategic approach to growing your export business is critical.
Perhaps you’re an experienced truck driver. Maybe you’ve just got your HGV licence having spent years in the logistics business.
A Bill of Lading (abbreviated to B/L) is one of the most important documents in the global trade transactions. A B/L has 3 basic purposes or roles: Evidence of Contract of Carriage… read more →
The logistics industry is a crucial player in the commercial and industrial landscape. Sure enough, the sector will reach a global value of a whopping $15 trillion by 2023, according to CIPS.org.
The growth of e-commerce has seen an increase in the volume of delivery orders. The pervasiveness of smartphone technology and effortless internet access has given a boost to the online… read more →
A judgment handed down by the English Commercial Court in 2018 illustrates how trade finance banks can find themselves facing unexpected risks when things go wrong in their customers’ trading… read more →
Even though shipping and containerised shipments have been happening for a long time, there is still a lack of basic understanding of the weights used in a container, transport requirements… read more →
We spoke to Hariesh Manaadiar, author of Shipping and Freight Resource on Bills of Lading. It’s important to remember that Commercial/trade information may be important to a buyer or a seller,… read more →
Bunkering – What is it? The definition of bunkering has changed over the years, what once was a term describing steam power is now generally synonymous with fuel. TFG investigates… read more →
With the imminent threat of trade wars, uncertainty around trade tariffs and rise of disruptive technology, freight forwarding is an increasing concern for business owners. Freight is a huge industry,… read more →
I had the pleasure of interviewing marketing manager, Stephanie Munn, who has worked at PALLITE® for just over a year and who has always worked in and around the logistics… read more →
