This time, let’s look at DAP/ DPU/ DDP of Incoterms 2020 Group D. Incoterms rules have been revised in 2000, 2010, and 2020 to ensure that the trade terms are clearer. However, the terms DDU and DAT which are already abolished are still being used in commercial practices. We will now focus on the latest […]
Explaind about EXW(Ex-Works) for Logistics. Advantage and Disadvantage from Exporters’ and Importers’ point of View.
This time, let’s look at Ex-works. We will go through the advantages and disadvantages from a seller and a buyer’s perspective. You can minimize both seller’s and buyer’s trading troubles, by understanding INCOTERMS correctly. So, it’s important for you to understand. Let’s take a look! Explanation of EXW by Animation Video What is INCOTERMS? Ex-works […]
This time, let’s look at Incoterms C Group – CFR/CIF/CPT/CIP. Our company works as a freight forwarder in Thailand, CFR and CIF trading conditions are used by the customer, due to the volume of exports from Thailand. Let’s take a closer look. Video Explanation about CFR/CIF/CPT/CIP About Incoterms Firstly, let me explain about “Incoterms”. “Incoterms” […]
This time, let’s have a look at FOB from an exporter’s and an importer’s point. For example, if we, an experienced trading company are importing, we will use FOB for countries which have regular trade business arrangements. CFR is used by countries who do not have a regular trade business arrangement. It is very important […]
Explain about Type of Containers. Size and Features of Dry/Reefer/Open Top/Flat Rack/ISO Tank Container for Logistics
Today, I would like to talk about the types of containers used in international Logistics. There are various types of containers for ocean shipment. We deliver the various type of cargoes, such as food, industrial goods, chemicals, and daily necessities to all over the world. So, we have to choose the best container for each […]
Explain about Volume Weight for Logistics. How to calculate Chargeable Weight & Cost in LCL / Air Shipment / Warehouse?
Today, I would like to explain the difference between volume weight and actual weight in logistics. First, what are actual weight and volume weight? These are the technical terms for basic weight in the logistics industry. Actual weight is literally actual weight and volume weight is the weight of a cargo, when the size of […]
What is the difference between FCL and LCL shipment? Explained how to calculate the cost of LCL shipment
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Today, our theme is the difference between FCL and LCL. Especially, I would like to focus on LCL. LCL is an ocean consolidation service. Unlike FCL, which uses a single container, LCL is a method of transporting cargo by using the space in the container. So you have to be careful that the cost calculation […]
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Today, I’ll talk about the difference between House B/L and Master B/L. First of all, what are House B/L and Master B/L? They are surely B/L of securities in international transportation, but what is “House” and “Master” mean? Let’s take a closer look! Explained House B/L and Master B/L in Video What’s House and Master […]
What is Original B/L, Surrendered B/L and Sea Waybill? Explained about the difference of Each B/L for logistics.
Today, I clearly talk about Types of B/L in International Logistics. About Role of B/L B/L is an important document in International Logistics, and an importer must obtain B/L for picking up a cargo. Then B/L is exchanged for D/O. The importer picks up the cargo with the D/O. Note that B/L is not the […]
Explained about B/L for International Logistics. The Role and Flow of B/L has to be understood for all logistics person in charges.
Today, I’d like to explain “the Role of B/L” in international transportation. First of all, what is B/L? It means Bill of Lading. It’s an essential document for international trade. B/L has two main roles. Explanation of B/L Role and Flow by Movie No B/L, No Delivery B/L enable to control payment You can also […]