The ecosystem of cross border trade can be a complex one, and a level of assurance is needed to ensure proper levels of trade can be reached as efficiently as possible. A Bill of Lading, sometimes shortened to B/L acts as such assurance, as when issued by a carrier of goods it presents acknowledgement of the receipt of the cargo for shipment.
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.
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 →
Alongside the technical and industrial advances of the last 50 years, the ability to trade freely with the Single market has benefited Britain’s businesses well in recent times. So well… read more →
A possible No Deal Brexit will have a profound impact on any importers, exporters, traders or producers that trade between the UK and the EU. This includes corporates with large… read more →
HM Revenue & Customs has just published an updated version of the Partnership Pack on GOV.UK to help businesses plan for the possibility of a ‘no deal’ EU Exit. Businesses… 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 →
Robotics, artificial intelligence (AI) and machine learning have radically transformed the productivity of emerging economies around the world. AI is improving efficiencies in industries from transportation and finance through to… read more →
Anglo-Gulf Trade Bank has today announced that it has joined the Marco Polo Network, the largest network of commercial banks in the trade finance market leveraging blockchain technology to dramatically… read more →
How do we make sense of the trade war? We heard from Charles Li, CEO of HKEX Group at the London Metals Seminar, who talked of globalisation as a train,… 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 →
