One of the key elements of import and export is the transport of cargo to its destination. When transporting goods from distant countries, e.g. East Asian ones, you can choose air, sea, or rail freight. In this article, we present airfreight – definitely the fastest, but also the most costly of the above mentioned. Characteristics …
Other terms useful to the ones handling the import of Asian goods, transport, or logistics are VOCC and NVOCC. These two describe the status of maritime carriers. There are some substantial differences between VOCC and NVOCC, which are explained below. VOCC (Vessel Operating Common Carrier) To put it simply, VOCC is a public maritime carrier …
One of the top export countries in the world is Japan (ranked 5th). It is the 4th largest goods trading partner for the US in 2019. Japan is also the 7th largest partner for the EU exports of goods. It is also Australia’s 3rd largest source of goods imports, including machinery and transport equipment, as …
Transportation of pharmaceutical products is a much more complicated matter than the transport of products for everyday use. It also entails enormous responsibility. The following article will discuss this issue and the subject of medication transport in the EU. Which legal regulations shape the transport of pharmaceutical products? Each country’s pharmaceutical law describes, among others, …
When we decide to import commodities, we also need to determine how we will import them – by air, rail, or maybe by road? The following article will present the most popular way of transporting products, namely maritime transport. What is maritime transport? Maritime transport (ocean transport) is a term for large loads of cargo …
A new intermodal route from Australia to Europe is in the making. The route will be a part of the New International Land-Sea Trade Corridor (ILSTC), a trade and multimodal transport corridor jointly built by the western Chinese provinces and the ASEAN countries. Now, Europe is also engaged in the establishment of the ILSTC. What …
Vietnam is one of the dynamically developing Southeast Asian countries and an important business partner for many western countries. It may be noted that Vietnam is gradually taking over some of the orders for products previously imported from China. Vietnam’s main exports to Europe and America are electronic products, electric machinery and equipment, footwear, textiles …
Even though the container revolution, which depended on standardization of container dimension, began a new era in the world of global logistics, it did not solve all the problems faced by shippers. There are situations in which cargo is so big and bulky that it is not easy to fit it into a standardized container. …
According to the European Commission’s website, in 2019 Turkey was EU’s 5th largest trading partner. Moreover, Turkey’s main export markets are the EU – Germany, France, Italy, Spain, etc. (42.4%), the UK, Iraq, the USA, and Israel. Turkey’s exports to the EU are mostly transport equipment and textile articles. Its main USA exports in 2018 …
CITES (Convention of International Trade in Endangered Species of Wild Fauna and Flora) is a multilateral treaty regulating the trade of more than 35 000 species – about 30 thousand species of plants and 5600 species of animals. One hundred eighty-three countries have signed the Convention. CITES brings attention to a global problem that illegal …
