2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port … Read more here..
Over the years, I have received several queries from readers around the world asking for my opinion and advice on situations relating to shipping and freight fraud.. Many have been … Read more here..
Tenders are an integral part of shipping and freight for the carrier, BCOs and OTI (freight forwarder or NVOCC).. I headlined this article as “the art of handling a freight … Read more here..
Achieving and maintaining profitability has been one of the serious problems faced by many freight forwarders and more so, in these trying times.. A Freight Forwarder is a multi-function agent/operator who undertakes … Read more here..
COVID-19 is probably the world’s most disliked word currently due to the rampant economic disruption it has wreaked on the world. All countries and all businesses around the world have … Read more here..
The process of global trade is simple to look at, especially if you look at it from the outside.. There is a buyer who needs a product ; There is … Read more here..
The world is in the midst of the COVID-19 pandemic and the global economy has been greatly hit due to this. You may agree that during such time, it’s important … Read more here..
If you are in the business of trade and shipping, you would have surely heard of/dealt with freight quotations along the way.. A freight quotation is a document that outlines … Read more here..
Imagine leaving your loved ones, boarding a ship (for what you thought was a specified time) and now, not knowing when you will be able to return. This is the … Read more here..
In any normal year, hundreds of thousands of containers filled with cargo are abandoned all over the world. While abandoned cargo could be quite stressful and considered to be a … Read more here..
Freight forwarders are an integral part of the supply chain and global maritime trade.. A freight forwarder serves as a conduit for global trade between importers, exporters, BCOs (Beneficial Cargo … Read more here..
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 … Read more here..
For businesses that ship internationally, return of goods due to damage in transit can be a huge burden in terms of time and money. Here are six tips on how … Read more here..
Benchmarking – is a business tool used by companies to evaluate and compare the current position and standing of the company against similar companies and organisations in the same business … Read more here..
In any trade transaction, there are two parties – the buyer and the seller.. When it comes to a sea freight shipment, either one or both of them may end up paying … Read more here..