6
Mar
DOCUMENT IN INTERNATIONAL TRADE QUIZ (part 3)
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A bill of lading is a record of traded goods which have been received on board. It is a document that establishes an agreement between a shipper and a transportation company for the…

DOCUMENT IN INTERNATIONAL TRADE QUIZ (Part 2)
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One of the most crucial components of a successful international business transaction is the accurate completion of required export documentation and import documentation. Failure to produce such documentation can hinder the dispatch of…

7
Feb
Understand the 3PL for Ecommerce
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As commerce moved online, there was talk about the demise of click-and-mortar businesses. It was said that everything would move online. But that missed an important ingredient of the e-commerce recipe: fulfillment. 3PL…

3
Feb
DOCUMENT IN INTERNATIONAL TRADE QUIZ
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There are many documents involved in international trade, such as commercial documents, financial documents, transport documents, insurance documents and other international trade related documents. In processing the export consignment, documentation may be executed…

2
Feb
Evolution of Retail Logistics
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Source: Adapted from Jones Lang Lassalle (2013) E-commerce boom triggers transformation in retail logistics: Driving a global wave of demand for new logistics facilities. The retail sector has experienced a notable evolution of…

28
Jan
Demurrage vs Detention

What is Demurrage..?? Demurrage, is a charge levied by the shipping line to the importer in cases where they have not taken delivery of the full container and move it out of the…