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Fundamentals

Fundamentals

Which documents are needed? Sea freight is surely the slowest means of transport but therefore one of the cheapest. As in the case of all the other types of transport the correct documents are necessary for the transport process in sea freight. Obligatory Export Documents Forwarding order/dispatch order:...

Improve Freight Tariffs by selecting the key carriers/forwarders. When it comes to the number of carriers you hire to move your freight, reducing and consolidating the number of carriers or selecting a dedicated freight forwarder will benefit overall transport logistics. Using fewer dedicated "key" carriers enables...

The most commonly used rules for the interpretation of trading terms in international trade are those defined by the International Chamber of Commerce (ICC). https://iccwbo.org They are internationally recognized and are known as Incoterms. Incoterms signify to buyer what is, and more importantly what is not, included in...

Blockchain is projected to be the latest revolutionary technology and is gaining increasing attention from academics and practitioners. A ‘blockchain’ in a nutshell is a distributed public consensus system that maintains an immutable record of transactions on the web, incapable of being falsified after the event. How...