All Incoterms Made Fast & Simple in New Video Series
Finally, all Incoterms defined and in one easy to access place! A video series on Incoterms from Universal Cargo’s Universal Shipping News has just been completed, allowing shippers and [...]
Finally, all Incoterms defined and in one easy to access place! A video series on Incoterms from Universal Cargo’s Universal Shipping News has just been completed, allowing shippers and [...]
What’s going on with this new Verified Gross Mass (VGM) rule? Somehow the answer to that question is getting less clear as the July 1st rule change concerning VGM draws near. Ripples of [...]
About $5 trillion of cargo a year is shipped through the major shipping lanes that go through the South China Sea. A good portion of that is trade between the U.S. and China. Escalating tension [...]
After nine months of negotiations, billions of dollars in damages to the U.S. economy, and critical port slowdowns and shutdowns for shippers who depend on West Coast ports for their imports and [...]
Anti-China protests have arisen in Vietnam and the Philippines as tensions have been rising in the region. This week, protests turned to riots in Vietnam when China deployed an oil rig in [...]
by Jared Vineyard eBay released a report called The Asian Exporters Index that revealed some incredible numbers about Chinese exporters selling internationally via the site. One of the big [...]
There’s a heated debate over a legal right happening in the U.S. There are several, aren’t there? I’m not referring to the pro-life/pro-choice abortion debate. Nor same-sex [...]
So you need to find out the cost of international shipping. Maybe you’re getting into international business,importing goods from China to sell here in the U.S. or exporting your goods to [...]
Go back to 2011. Carriers experience losses in the billions of dollars. In 2012, those shipping companies put together strategies to raise freight rates and regain profitability. General Rate [...]
“It was a nightmare. It was a horror show.” The above words are from Jeff Bader, president of the Association of Bi-State Motor Carriers trade group as quoted by Bloomberg News on [...]
Get ready for a change that is right on the horizon in China. Goodbye business tax (BT), hello value added tax (VAT). It’s not quite as simple as that. Are taxes ever really that simple? [...]
Let’s get in a DeLorean and travel back in time. We’ll go back 57 years. You’re standing on a dock at the busy Port of Newark as large numbers of union dockworkers load a [...]
The last few years have been tough on carriers in the international shipping industry. Rate wars and overcapacity were large factors for hurting the bottom line of the companies that own and [...]
Australia is working on a currency deal with China that would allow the Australian dollar to be directly converted into the Chinese yuan, bypassing the U.S. dollar (USD). When it comes to [...]
The negotiations are not over yet, but many businesses are letting out a sigh of relief over the tense situation caused by threats of an ILA strike at East Coast and Gulf ports that would have [...]
“And low, wise men came from the East, bearing gifts of gold, frankincense and coffee.” Ok, ok, the wise men did not bring gifts of coffee to the Newborn King. They brought gifts that were [...]
So you want to make money by selling products imported from China. Where do you start? Product. Many have found success in international business by importing a product from China and selling it [...]
by Jared Vineyard Coming off a year with losses in the billions, carriers have been working hard at increasing freight rates this year. The Drewry Container Rate Benchmark indicates success as it [...]
If you’re an international shipper, freight rates are important to you. How much you pay to import and export your goods is a big factor for your bottom line. 2011 was a great year for [...]
Everyone loves lower freight rates. Right? Wrong. While they’re great for shippers doing international business and importing and exporting goods, lower freight rates mean smaller profit margins [...]