Logistics process

Bill of lading- B/L- BOL

Bill of Lading- B/L – Easy understading

    A bill of lading also known as BOL or B/L, is a document issued by a carrier to a shipper, to prove that goods have been received on board and ready to be shipped to the consignee to a named place for delivery.   The term Bill of lading drives from the verb “to lade” which means to load a cargo onto any mode of transportation (ocean, rail, air)   The Bill of lading is an evidence to: Confirm valid contracts between the consignor and the

cargo types- containers

shipping cargoes by ocean, air, or Rail freight ?

    What is cargo (e.g freight) ?   Cargo consists of goods, materials, merchandise carried onboard of an aircraft, ship, train, or truck. Generally, it consists of goods for commercial gain on which an air waybill, or bill of lading or any other receipt is issued by carrier. Shipments from point A to point B requires a lot of planning, the mode of transportation is considered as a key factor for successful planning. However, to determine the mode of transportation and the costs of

Incoterms 2010- premium guide- 11 terms description

Incoterms

Incoterms – Importing from China   Incoterms are rules that allows buyers and sellers to identify the responsibility of each one. It allows the parties to identify a point where the costs and risks of transportation are precisely divided between both of them. Incoterms e.g (International commercial terms) Has a set of 11 international standard trade terms which last version is Incoterms 2010. Incoterms also coordinate responsibilities for Customs clearance/ duties between the parties. In other words, incoterms Are essential in every import/ export

customs clearance usa isf

All you need to know about ISF – US importers

 Importing to USA: “Importer Security Filing” ISF 10+2 Before merchandise can be imported into the United states the importer security filing (ISF) also called customs broker must submit electronically the 10+2 data elements to Customs at Border protection (CBP) no later than 24 hours prior to the cargo being loaded. This is only required to Cargo arriving in the United states by ocean vessel; it does not apply to Cargo arriving by other modes of transportation. Important note: submission of inaccurate, incomplete or

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