General Rate Increase (GRI) – a term liked by the shipping lines and loathed by the trading community.. This article explains what GRI means to people on either side of the fence and how it affects the trade..
In anything that we do in life, the first time is a scary thought – first time on a bike, first time driving a car, first time swimming, first date, first kiss ……………….. etc..
So why should shipping your first container be any different..??
It could be a scary thought if you are a first-time exporter or importing for the first time, but like everything else, if done and handled correctly, shipping your first container can be a good experience as well..
Here are some tips to assist you in shipping your first container..
Over the years, I have received several questions from readers relating to a variety of topics on this resource..
Some of them are really valid questions especially if you consider that some of these questions may be from someone importing for the first time or someone exporting for the first time..
It makes you think of the issues that those entering international trade for the first time or shipping their first container would be facing in getting it completed successfully..
The business of shipping, freight and trade could all be a bit overwhelming as there are several processes to be followed and for those who are doing it for the first time, asking questions and finding the right answers is extremely important..
Here are some questions which I received from one of the readers of this resource, possibly, someone who is starting out new or someone experiencing some new problems with their shipments..
The ubiquitous freight or shipping container has become an integral part of our lives not just if you are in the industry handling and moving these containers from point to point, but for all the businesses and industries that use the container..
It has been universally hailed as one of the greatest inventions of the modern world, one that completely changed the way in which business has been done since the 20th century and really and truly made the world a smaller place and the one true architect of Globalisation..
Exporters, importers, traders, packing houses, ports, customs, border authorities, police, clearing agents, freight forwarders, stevedores, hauliers, weighbridges ……………………….. and many more entities involved in a trade transaction may be seeing and handling a container on a daily basis..
But although many of these people see a container not everyone understands the many markings on a container..
The markings on a container play a very significant role in the movement of the container as they provide vital information to all entities in the supply chain relating to the monitoring and safety of the container and cargo during its carriage..
Let us look at each of the markings on a container individually using an example below..
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics and Supply Chain ..
But once you are involved in the business or know about these businesses, you will very soon understand that these are very different industries with different workings, assets, architecture, requiring very different sets of qualifications, experience, expertise, knowledge and attitudes..
In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected..
Bulk and Break bulk are two terms that are being used incorrectly and interchangeably in the course of day to day business..
These terms cannot be used interchangeably because there are distinctive differences between Bulk and Break Bulk in terms of cargo, nature, size, capacity, handling, trade, customers, ports, terminals, equipment, infrastructure…………………………………..
How do you differentiate between the two..?? This article will help you understand clearly..