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.
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.
Lesley Batchelor OBE, the Director General of the Institute of Export & International Trade, gave her views on how UK businesses can improve their export performance, despite the current geopolitical situation
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 →
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 →
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 →
DAP (Delivery at Place) is one of the most popular Incoterms used in Europe, it is also one of the most popular used for e-commerce. Learn how to use it… read more →
We all lead a digital lifestyle – we snap and share photos on Instagram, order a car on Uber, shop on Amazon, and at work use a variety of cloud-based… read more →
We spoke to Nick Coverdale, a supply chain expert and industry guru on the commoditisation of freight forwarding. We spoke to Nick Coverdale, a 40-year Supply chain guru about his… read more →
We spoke to Johnatas Montezuma, a shipping expert and specialist in complex supply chain solutions for some useful incoterms and shipping suggestions for first time exporters. A supply chain expert… read more →
We recently published our Trade Finance Global Freight Forwarding and Incoterms Guide, and now it’s time to talk about the best type of shipping between your company and your supplier.… read more →
Shipping products, goods and cargo overseas can be tricky business, but if done correctly, can be fruitful and profitable for those businesses looking to grow. It goes without saying that… read more →
Incoterms are a standard set of terminology, created by the International Chamber of Commerce (ICC), used universally, defining the key parts of freight forwarding. In 1936 the ICC first defined… read more →
Silicon Valley-based Trucker Path released a crowd-sourced navigation app for truck drivers in late 2013. The crowd-sourced Trucker Path application has grown to become America’s largest community of truck drivers… read more →
