article thumbnail

Air freight Incoterms 2020

Globalior

The International Chamber of Commerce (ICC) published the latest version of Incoterms, which is the 2020 update that replaces Incoterms 2010. Incoterms 2020 is expected to be in effect at least for the next 10 years. Free carrier (FCA) requires presentation of on-board bill of lading to the seller. DAT has been changed to DPU.

article thumbnail

5 Ways 2020 Has Remade the Luxury Industry

Mazars Ledger

Luxury brands have long been known for their ability to control how their products are presented and sold. However, the… The post 5 Ways 2020 Has Remade the Luxury Industry appeared first on Insights Center - Mazars - United States.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chart of Incoterms 2020

Globalior

We have published extensive materials including Incoterms charts to help traders understand Incoterms® 2020. It is a good idea to refer to several different versions of Incoterms® 2020 charts when doing any study or analysis. The post Chart of Incoterms 2020 appeared first on Globalior. Compliance and. Customs procedures.

Cargo 52
article thumbnail

Golden Week 2020 and what it means to you

Forto

The state holidays in China present (solvable) problems to suppliers, carriers and retailers. Golden Week, which is a work-free week in China, begins on China’s national holiday, October 1, and ends on October 7, 2020. If your articles are already in production, ask your manufacturer for the delivery date.

article thumbnail

Forecasting: Getting Your Supply Chain Forecasting on Track in 2021

Morai Logistics

Forecasting was made more critical than ever in an unpredictable 2020. A Forbes article on improving forecasting explains, If legacy forecasting models were out of date before, they’re practically obsolete now. What’s more, they present a number of vulnerabilities that are difficult to combat without modernization.

article thumbnail

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

MTS Logistics

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%. According to an ING article, scrapping is reducing capacity by 3-4%, slow steaming around 5-6%, and blank sailings have not shown any significant impact this year.

article thumbnail

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. So how well is blockchain living up to commercial and organizational expectations?