Video of This Article Hello, it’s IINO. This time, I would like to explain “Settlement Methods in Trade Transactions.” Documentary Bill of Exchange There are two main methods of settlement in trade. It depends on whether or not the bank acts as an intermediary between exporter and importer to advance payment. There are “Documentary Bill […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain Flow of Master B/L of Ocean Freight Forwarding by Container. What Master B/L is Master B/L is a bill of lading that certifies that the shipping company has received the cargo for ocean transport and will transport it to its […]
Video of This Article Hello, it’s IINO. In this video, I bring you the logistics news for February 2022. As you know, global supply chain is currently undergoing major disruptions. Until now, there was a belief that there would be some kind of change after the Chinese New Year. However, what did the market actually […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain about “L/C” which is used for the settlement of trade transactions. What L/C is L/C is an abbreviation for Letter of Credit. It is a letter of guarantee from the bank on behalf of the importer to guarantee payment of […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain “North American 24-hour rule” for ocean transportation. Here is a link to a video explaining the “About Manifest in Marine Transportation” that is related to the content of this video in the summary section. I think you will have a […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain about “shipping company” which are very familiar to us forwarders. The word “shipping company” may not be familiar to you unless you are involved in marine transportation in your work. However, the existence of shipping companies is very significant in […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain the key word “Manifest” that appears in the practice of marine transportation. About Manifest If you have experience in trade administration and practice, you may have heard the term “Manifest” in marine transportation. Manifest is a statement that shows what […]
Video of This Article Hello, it’s IINO. In this video, I would like to introduce you to the daily flow of Trade Operation working at a forwarder. The work process may differ from company to company, but I hope you will view this as a reference only. What Trade Operation is When you hear the […]
Video of This Article Hello, it’s IINO. In this video, I bring you the logistics news for January 2022. I would like to talk about what’s new in the logistics industry including North America and China, ocean freight rate trends, corona and logistics technology. So, let’s get started! Corona Omicron Variant Expands in LA and […]
Video of This Article Hello, it’s IINO. In this video, I would like to explain about Arrival Notice, a document that appears when importing cargo. This is a very important document, that is required when you pick up the cargo. I will explain the role of the Arrival Notice and the process of picking up […]
