Ever since its introduction in 1936, Incoterms? has been a paradox to many buyers, sellers, traders, freight forwarders, shipping lines and other service providers involved in the business of global trade. People will frequently choose the wrong Incoterms? rule for their transaction.

Incoterms 2020, the 9th version of the Incoterms? rules has been in the making for a while now. Here below is the information about the version.

What is ICD, On Dock CY or Off Dock CY? Any difference between them? For more information, see below...

FCL shipment may incur Demurrage or Detention fee, but what about LCL shipment? For more information, see below...

As everyone is used to the standard freight shipping ways and expenses, it doesn't mean that is the only way. Luckily for you, there are many ways to reduce freight forwarding expenses. Here are 8 tips to reduce freight forwarding expenses.

You will need to apply for an EORI number if you import goods from or export goods to countries outside the EU. You can use EORI number on all your future imports and exports.

There are cases where shippers don't have enough cargo to fill a full container and they have only small parcels. Then will have LCL or CONSOLIDATION...

A Bill of Lading maybe issued as a House Bill of Lading(HBL) or a Master Bill of Lading(MBL). What's the difference between this two documents? See below...

There are various weights used in shipping on a day to day basis. Why are there so many weights and what do they mean. For more information, see below...

When a container is discharged off a ship, it is moved to the CY area within the port, the port might charge you storage fee. When the container is moved out of the port and then back to the port, the shipping line might charge you demurrage or detention fee. In what situation will charge you these fee, see below...