With the UK and EU yet to reach an agreement on their future trading relationship, it is vital goods vehicle operators are as prepared as possible for a No Deal Brexit. In this scenario, new border procedures and haulier responsibilities will come into effect immediately. Hauliers must ensure they fully understand the new road haulage procedures, documentation requirements and responsibilities that will arise; otherwise, they risk their operations coming to a standstill.
TFG heard from Alexander Goulandris the co-CEO of essDOCS about the different solutions for paperless trade. He exclusively announced the launch of a new product called CargoDocs Match, which will enable trade finance banks to continue to provide BPO-related solutions to their customers after SWIFT discontinues support for the Trade Services Utility (TSU) in 2020.
Flexport’s unique visibility into client shipments down to the SKU level through its digital platform provides them with a unique perspective on risk relative to banks offering financing. This insight… read more →
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.
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 (Delivered 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 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 →
