by Alex Pappas | Dec 6, 2016 | Freight Forwarder, Logistics, Supply Chain Dictionary
As a freight forwarder, we receive all types of shipping requests. However, considering the cost and speed of air freight, it’s especially important to know the basics when preparing for an air shipment. Therefore, based on common questions, tips, and...
by Alex Pappas | Sep 27, 2016 | Freight Forwarder, Logistics, Supply Chain Dictionary
What You Should Be Asking Your Freight Forwarder When looking for an ocean or air freight forwarder, there are a number of standard questions you should ask to figure out if they’re the right fit, such as: “How many containers do you move per year?” or “Which...
by Alex Pappas | Mar 6, 2014 | Behind the Scenes, Logistics, Supply Chain Dictionary
You may already know how good customs brokerage plays an important part in the import process, but do you know what they actually do? I mean in excruciating detail bordering on TMI? Well, hold on to your hats and glasses everyone, ‘cuz in our most recent video series,...
by Alex Pappas | Feb 6, 2014 | Supply Chain Dictionary
de•mur•rage [dih-mur-ij] Definition – A charge for the amount of days that an import container is under the control of the shipping line after the free time for pickup has expired. Charges are applied for storage of containers while in the steamship lines...
by Alex Pappas | Jan 29, 2014 | Supply Chain Dictionary
Definition – The total or end cost of a product once it arrives at the buyer’s door. This includes purchase price, logistics and brokerage fees, insurance, duties and taxes, insurance and other costs. Related Terms – Total Landed Costs (TLC)
by Alex Pappas | Jan 28, 2014 | Supply Chain Dictionary
Definition – A letter of credit is a bank issued document guaranteeing the buyer’s payment of a specified amount in a specified currency to the seller provided the defined conditions are met and the prescribed documents are submitted. Required documents may include...
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