The year 2021 is expected to bring importers considerable problems with the transport of goods imported from China. In the era of rapid transportation changes, it is worth knowing what to expect and what circumstances one should be prepared for. We present the forecasts for importers of Chinese products for 2021 and propose how to …
Transport is a key driver of economic development. It is said that transport services are fundamental in times of increasing globalization. Thanks to the means of transportation, goods can be exchanged between countries, creating business opportunities. 2020 was a challenging year for this industry – especially at the end of the year, significant difficulties in …
The “new normal” has also impacted transportation. At the end of 2020, freight rates skyrocketed, which has never happened before to such an extent. What caused the unprecedented increase in freight rates? Reasons for the increase in freight rates: how has it changed? Previously, the cost of shipping a 40-foot-long container by rail from China …
The United States is one of the main European Union’s trading partners. From the USA, mainly cars, industrial machinery, fuels, optical and medical devices, and pharmaceutical products are shipped. Goods from the USA can be imported both by air and sea. The choice depends primarily on the price and transit time. Besides, the factory or …
It is crucial for every importer that the goods imported by him reach their destination within a designated time. Depending on which means of transportation we choose, the length of the transit time changes. TT (transit time) is the tame needed for a shipment to be delivered after being picked up from its check-in place. …
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 …