If the ship transporting your sea freight gets caught up in a storm and sinks, or the truck with your goods on board is involved in an accident, what happens next? You’ve just lost your goods. Some might be salvageable, but likely not. To satisfy your buyer you’ll...
Strategic alliances within the shipping industry are a popular working concept. For over two decades such alliances have been in play; today, these account for 80% of the global container shipping market. But why? Why are carriers collaborating, and what does it mean?...
When it comes to importing and exporting, there’s a hell of a lot you need to think about. You need to know who’s responsible for what at every single point of the journey. You need to know how much time it might take to reach delivery points and what the total...
If your business plans to import goods into the UK from another country, you’ll need to have the correct documentation. Wrong version? No licence? Lack of appropriate certification? Incorrect documents = no goods. It’s as simple as that. Or, in many cases, having...
EXW, FOB, DPU, DDP… Recognise these codes? They’re incoterms, which is short for International Commercial Terms, and are usually found on the Bill of Lading. (If you’re not sure what a Bill of Lading is, read our recent blog to find out). But what do incoterms mean,...
