HS codes are an important part of international trade. They’re used to classify goods and determine the appropriate tariff and tax rates for importing and exporting. For freight forwarders and customs officials, correct HS codes are critical. Incorrect HS codes…
Supply chain management (SCM) is the process of planning, implementing, and controlling the operations of a supply chain, with the goal of creating value for customers and stakeholders. One critical aspect of SCM is inventory management, which involves managing the…
Industrial packaging is a critical component of global trade and transportation. It is responsible for keeping products safe and secure during long journeys, protecting them from damage and ensuring that they arrive at their destination in good condition. One of…
How to understand the abbreviations used in the shipping industry? There are many factors that determine the rates of shipping containers. Not to mention whether a booking includes extra services such as pre/post transport, handling charges etc. Because so many…
Lifting heavy loads with cranes is an important part of logistics operations, such as moving large containers or heavy machinery. While using cranes saves efficiency and time, it also comes with several risks. In this blog, we discuss the main…
What causes shipping rates to be so volatile? In recent years, we have seen a lot of peaks and valleys in container shipping rates. It is difficult, even for people who have been in the industry for a long time,…
What are Incoterms® and how to utilise them? Incoterms®, or International Commercial Terms, are a set of standard international terms established by the International Chamber of Commerce (ICC) and used in international sales contracts. These terms govern the responsibilities and…