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The evolution of container ships
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Understanding Letters of Credit (LCs) is crucial for anyone involved in international trade.
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Our latest article provides a clear, concise overview of how these essential financial tools offer security and facilitate transactions between global trading partners. We explore the different types of LCs, their role in ensuring smooth logistics operations, and the importance of accurate documentation. Dive into the details with us to better manage your international transactions and minimize risks.
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Letters of credit
In this 85-minute course, you will learn about LCs, who uses them, how they work, and their impact on logistics.
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Which Incoterm to use when shipping containers?
When shipping containers, selecting the appropriate Incoterms (International Commercial Terms) is crucial to define the responsibilities and costs between the buyer and seller.
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It is quite common for the involved parties to select an Incoterm, such as FOB or FAS, which is not well suited for ocean container transport as it does not match the logistical realities of container shipping and the container hand-over points from one party or one service provider to another. Find our more in our article and video here.
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Logistics glossary
Bookmark it now and see it grow.
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