Reading time: 2 min 15 sec What is a bonded zone? A bonded zone is an area within a country where there are special trade terms or policies. Generally arrangements for customs duties, import/export duties will differ from normal import/export procedures. For example, foreign goods can enter the region without … Read more
As more people go online, so does the need for goods and services increase. Shipping from China to US, the second-largest economy in the world, will still be a prime source of manufactured goods. Asian markets will become more dominant as they will make up most of the world’s top … Read more
Everything You Need to Know About SKU Numbers As countries lift lockdowns and quarantine restrictions, more businesses are opening up. That’s good for the economy. Despite that, eCommerce will continue to flourish, and growth will be in the double digits. Interestingly, even the older generation is becoming more welcoming of … Read more
Not too long ago, robots seemed to be a thing of the distant future. Well, the distant future has arrived sooner than expected – every year, more and more people are welcoming robots into their daily lives and here are the figures to prove it. According to Business Insider, shipments of … Read more
What is Dimensional Weight? Before we get to that, imagine this: consider a two-kilogram laptop and a two-kilogram bag of cotton. Both weigh two kilograms, yet it costs more to ship the bag of cotton than the laptop. Why is that? For freight forwarders, charging for shipping according to the actual … Read more
Local merchants today demand faster and cheaper eCommerce shipping and delivery that is also trackable. In response, the logistics industry introduced a supply chain model that can reduce logistics costs without affecting timeframe: Direct Injection Shipping. What is Direct Injection Shipping? Direct Injection Shipping is a supply chain model where … Read more
What is eCommerce Shipping? eCommerce shipping are delivery services employed by online merchants who sell products and goods over the internet to both local and/or international customers. As online businesses continue to grow and advance at an incredible speed, eCommerce shipping has also evolved a lot to cater to the … Read more
Whenever you purchase goods from a manufacturer or supplier, you are presented with two options: CIF (Cost, Insurance, and Freight) or FOB (Free on Board). Both CIF and FOB are contracts specifying whether the buyer or the seller is responsible for the purchased goods during transit. Here’s a brief explanation … Read more
Every industry has its own jargon, and logistics is no exception. If you’ve ever contacted a logistics provider before, you must have heard a million logistics terms already (okay, maybe not that many). Of those, the two that you will definitely hear over and over again are DDP and DDU. To understand … Read more
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