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Cost Reduction Tips when Transporting Heavy Cargo
Every industry participant seeks to have cutting-edge transportation services at lower prices because it is crucial to the overall supply chain model.

90% of all global transportation involves ocean freight shipments. The least expensive mode of transportation is maritime. Extremely heavy freight can be transported by a huge ocean vessel.

The international freight shipping rates touched $10,800 in September 2021, the highest in the past years. The cost of container freight has increased exponentially during the

The world’s rapid shift to globalization in the past two decades has laid greater emphasis on trade than ever before. Oceans and rivers have historically always been important for commerce

As Geoffrey Moore has said “Without big data, you are blind and deaf and in the middle of a freeway”. While the need of big data has been felt primarily in the technology world,

Logistics has been a key business function for decades now, and its importance is almost akin to oxygen for breathing. As a result, funding in this sector has gradually

Ex Works (EXW) and Delivered at Place (DAP) are merchandising and shipping terms used in international trade. They determine who takes the logistical responsibility of the delivery of the goods traded. Incoterms define import-export regulations to avoid confusion between the buyer and the seller.

Incoterms or International Commercial Terms define the terms and conditions for any trade. It is published by the International Chamber of Commerce and explains the total trade

When you are a part of the global trading community, you will need to know about ‘incoterms’. In common parlance, incoterms are a set of guidelines that define buyers’ and sellers’