Abbreviations appearing on the valuation of cargo transport may confuse many importers. These are so-called freight additions, i.e., additional fees charged by forwarding companies to offset various variable costs incurred by them during the transport process. In the case of BAF and CAF, oil price fluctuations and currency fluctuations are compensated. It is worth familiarizing …
Sea transport is an economical way of exporting and importing goods. When using this type of transport, the forwarder must decide on the type of sea freight: the FCL (Full Container Load) or LCL (Less than Container Load) method. The FCL acronym refers to container transport and means that the entire rented container will be …
TSA System (Transportation Security Administration) is an agency founded in the United States after the terrorist attacks of September 11, 2001, responsible for the development and implementation of structures ensuring security regarding national transport systems. It was established under the Aviation and Transportation Security Act, which was adopted by Congress and signed by President George …
The IMO International Maritime Organization is introducing an update of regulations regarding fuels used in maritime transport. The changes will apply from January 1, 2020, and will concern the global reduction of sulfur oxide emissions from ships. Consequently, IMO 2020 will significantly affect the freight market. IMO 2020 Regulation The new IMO 2020 standard introduces …
In maritime transport, it is often difficult to precisely determine the time of arrival or even the departure of a ship from port. This is due to many factors with which the ship comes into contact during the sea voyage. For this reason, the abbreviations ETA and ETD have been created, which provide approximate dates …
We have recently written about the transport of dangerous goods in road transport (ADR transport). In this article, however, we focus on the transport of hazardous goods by air, which is often referred to only as IATA transport or ICAO transport. What is IATA? IATA is the International Air Transport Association. Their headquarters are located …
In the case of container transport, the so-called CBM (Cubic Meter, ‘cubic’ in short) unit is used to measure the volume of cargo. Its value is always calculated by using the packaging dimensions given in meters. Calculation of sea freight rate We divide the loads into full-container loads and less than container loads. The difference …
Detention is a very important concept used when transporting goods by sea. It often causes a lot of confusion and confuses importers with the demurrage concept that we recently wrote about. Detention means stopping and refers to the equipment (container). Detention – What is it? Detention usually applies to imports. This is a fee charged …
The current economy is based mainly on the mutual competition of enterprises from around the world. When choosing employees, companies try to find the best supplier that meets all requirements. To objectively compare potential partners, it is worth using an objective source. Such information may be provided primarily by an appropriate supplier audit. Supplier audit …
3PL or Third Party Logistics is a method of operation in which one or more logistics functions are outsourced to a third party. When importing goods from different countries around the world, it is worth knowing more about terms related to logistics or forwarding. In the article below, we will explain more precisely the concept …