What is a shipping return window? One of the most important concepts in ocean freight that many exporters are unaware of is the carriers’ return window. A shipping return window is the allocated time set by shipping carriers in which a container must arrive at the terminal to be loaded onto the departing vessel. Carriers typically set a return window of four days, although this may vary as circumstances change.
Valentine’s Day Logistics With Valentine’s Day just around the corner, you must already be making arrangements to show your significant other just how much he/she means to you. While some may think of it as a Hallmark holiday, others bask in the spirit of gift-giving and love. Now these may come in many different forms, but there’s one that seems to be more common than any other - flowers.
It’s beginning to look a lot like Christmas It’s that time of the year again when merrymakers all around the world embrace the spirit of generosity and engage in festive gift-exchanging. The year-end holiday season is without a doubt the busiest for retail shops, as they attempt to attend to the throngs of crowds patroning their stores during this busy festive period. And more preparations are perhaps needed this year, as Americans are expected to spend an average of $906 on Christmas gifts — 20% more than last Christmas.
Made in China. Much have been made about this phrase, whose origins simply indicated the production origins of a certain good. Today, it no longer just relates to international trade. As a label, Made in China could sometimes subtly indicate the quality of goods or low costs of labor. In popular culture, it’s even been made into a song. For many countries, this label is a legal requirement for all products imported into and sold within their territory be it via ocean freight or air freight.
Ocean freight carrier schedule reliability In the ocean freight industry, it’s always good advice to anticipate the unanticipated as the complex logistics industry isn’t short of its hiccups. That said, there are aspects of shipping that are simply beyond your control. This includes the carriers’ schedule reliability, which is what we’ll be addressing in this post. Just recently, SeaIntel named Hong Kong’s OOCL as the most reliable carrier, in terms of on-time arrival rate, for the third quarter of 2017.
US beauty products imports Given Hollywood and its influence, it probably comes as no surprise that the United States is the world’s largest importer of beauty products - responsible for a whopping 11% of the total imported beauty products across the globe in 2015. This far surpasses the next few largest importers - Hong Kong (7.6%) and China (6.9%). Movements in the global beauty products market are massive, with the industry estimated to hit $635.
The most important document in the ocean freight industry is the Bill of Lading. Much confusion may arise from this document, and it is extremely important to understand the different types of Bill of Ladings such as the original B/L, Telex Release, and Express Release, and how they differ. A Bill of Lading, or B/L, simply put, is a legal contract of carriage for the cargo being shipped. It contains details of the shipment, dates, parties involved, etc.
The ocean freight world is not short of its complex paperwork and documents. You may know the more important ones such as Bill of Lading and packing list. But there are others that are equally important. In this post, we’ll take a more detailed look at the Letter of Credit, what it is, and how it works. What is a Letter of Credit? A Letter of Credit, according to the ICC, is:
More than just white beaches Nestled in the lovely clear blue waters of the Greater Antilles archipelago in Caribbean, the Dominican Republic is perhaps better known for its white sandy beaches and world class golf courses. But here’s a little known economic fact: According to the World Bank, the Dominican Republic has actually enjoyed one of the strongest growth rates in Latin America and the Caribbean over the past 25 years.
Recently, our iContainers team at the Barcelona office had the privilege of visiting one of the largest container depots at the Port of Barcelona. It was an eye-opening experience for all of us and were all left extremely impressed at the amount of work that goes into something seemingly as straightforward as moving containers, not to the mention level of efficiency needed! In this blog post, we’ve consolidated some of the most interesting and mind-blowing facts regarding shipping containers that we’ve learned.