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Chart of Incoterms 2020

Globalior

We have published extensive materials including Incoterms charts to help traders understand Incoterms® 2020. For example, under the FCA terms delivery can be made either in the seller’s warehouse or at a predetermined place agreed between buyer and seller. The post Chart of Incoterms 2020 appeared first on Globalior.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% increase from 2020. According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.

Analysis 101
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Who’s Using Blockchain in 2020, and How?

Logistics Bureau

Let’s look at some of its real-world uses in 2020 across the public and private sectors to see which prominent players have embraced blockchain, to what end, and what kind of inroads it’s making into the supply chain environment. Examples of Blockchain in Food Supply Chains. Big Names are Backing Blockchain.

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The Top 6 Supply Chain Trends in the Year of COVID-19

Morai Logistics

After a year dominated by a pandemic, many of the anticipated trends heading into 2020 have been reconsidered—here are 6 to be mindful of going forward. This article by Morai Logistics presents 6 of the most prominent trends in supply chain today. Agility is More Important Than Ever. times faster than brands that don’t.

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Incoterm 2020 DAP: When is it used?

Globalior

What is Incoterm® 2020 DAP? The Incoterm 2020 DAP (Delivery at Place), requires that the cargo be delivered by the seller at a place designated by the buyer. For example, if the shipment is made by air and requires import clearance procedures in the country of destination. Incoterm 2020 DAP (Delivery at place): Quick Summary.

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Why Containerised Freight Shipping is Daunting for SMEs

Logistics Bureau

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. It has never been easier, in general, for smaller companies to trade in international markets than it is today.

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DFB Tech Stack: Invoice Reconciliation

Parade

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.