Freightaid : The shippers cargo portal

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Freightaid : The shippers cargo portal

What is a carnet

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Carnets are “Merchandise Passports.” They are international customs documents that simplify customs procedures for the temporary importation of various types of goods. There are two types issued: ATA and TECRO/AIT Carnets.

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Freightaid's freight forum

Wednesday, 12 August 2009 12:06 administrator
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webforum
Freightaid has developed it's very own freight forum where like minded people can discuss topics to do with the cargo/freight industry, whether it be multi-modal or normal air, sea or road freight movements.  A number of cargo industry specialists have agreed to assist in promoting good working practices by providing advice and assistance to those who need it.  Freightaid's freight forum can be found here.

This is also the best place to leave notes for the administrators of Freightaid who are always looking for ideas on how to develop this site for you, it's readers and contributors.  And last but not least don't forget to take a look at the site sponsors websites.  These people really do keep this website alive.

 

Last Updated on Thursday, 04 February 2010 14:26
 

Incoterms

Wednesday, 15 April 2009 12:09 administrator
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INCOTERMS : How to use them properly

Who is this guide aimed at?

You should read this guide if you are responsible for or help in arranging the shipment of your company's goods to overseas markets.

What does this guide tell me?

It gives you an overview of how to choose the correct INCOTERM for each individual movement.

How Do I Choose an Incoterm?

Last Updated on Thursday, 04 February 2010 14:40 Read more...
 

Letters of Credit ( L/C's )

Wednesday, 15 April 2009 16:51 administrator
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Understanding and Using Letters of Credit

Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. There are basically two types: commercial and standby. The commercial letter of credit is the primary payment mechanism for a transaction, whereas the standby letter of credit is a secondary payment mechanism.

Commercial Letter of Credit.

Commercial letters of credit are an effective tool in facilitating payment in international trade. Their use continues to increase as global economies evolve and developing countries continue to increase their market share of the manufacturing process.

Letters of credit used in international transactions are governed by the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits. These general provisions and definitions of the International Chamber of Commerce are binding on all parties once entered into.

Last Updated on Thursday, 04 February 2010 15:18 Read more...
 

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