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For Importers

  • Differences Between Dangerous Goods and Hazardous Materials in Global Trade

    Last updated on July 24, 2024 by Ben Thompson

    Improper handling of Dangerous Goods and Hazardous Materials leads to safety risks in global trade every year. This article clarifies their differences, definitions, and key distinctions. Learn how to identify and handle each safely. Understanding these terms ensures smooth and compliant trade operations. Discover major disasters caused by mishandling these materials at the end.

  • Land Transportation Explained

    Last updated on July 20, 2024 by Ben Thompson

    Land transportation involves moving goods via road, rail, and pipelines. This mode is essential for logistics, connecting suppliers to consumers and ensuring efficient product movement. From ports and warehouses to stores and end-users, land transport keeps supply chains flowing. In this blog, we explore the various modes, their benefits, challenges, and recent innovations in the…

  • Best Practices for Container Loading: Tips to Securely Load a Shipping Container

    Last updated on July 17, 2024 by Ben Thompson
    Container Loading Best Practises

    Container loading involves packing goods into shipping containers to keep them secure during transit. Proper loading prevents shifting and damage, reducing costs and delays. Containers can carry many types of cargo, from electronics to machinery. Effective loading maximizes space, minimizes damage, and ensures smooth, efficient transportation.

  • Markup vs Profit Margin: Understanding the Difference in Global Trade (2024)

    Last updated on June 28, 2024 by Ben Thompson
    Markup and Margin Calculations

    Discover the crucial differences between markup and profit margin. Learn how to calculate each, understand their impacts on pricing, and apply effective strategies to ensure long-term profitability. Clear explanations and practical formulas will help you avoid pricing errors and communicate effectively with your sales team. Make informed decisions for your business success.

  • Quotations In Global Trade 

    Last updated on June 26, 2024 by Ben Thompson
    quotations comparison

    Comparing quotations from suppliers is essential in global trade to manage costs and ensure smooth operations. Quotations detail prices, delivery times, and payment methods. By carefully comparing these quotes, businesses can identify the best deals, control costs, and avoid potential issues. This process helps optimize landed costs and supports informed decision-making for long-term profitability.

  • An Overview of SWIFT International Telegraphic Transfers and other International payment methods

    Last updated on June 25, 2024 by Ben Thompson
    SWIFT Telegraphic Transfers Explained

    If you’re involved in Global Trade you would be aware that importers and exporters agree to sell goods on agreed payment terms that usually involve a SWIFT Telegraphic Transfer, or T/T payment. Before products can be exported around the world the buyer and seller will agree on the terms of trade (including Incoterms®) then include…

  • How To Save Money On International Shipping

    Last updated on June 19, 2024 by Ben Thompson
    save money on international shipping

    International shipping affects the landed cost of a product, including transportation fees, customs duties, and taxes. Strategic shipping decisions can help manage and reduce these costs. This guide offers practical tips to save on international shipping, like negotiating lower rates, optimizing packaging, and choosing cost-effective carriers and methods.

  • What Is Ocean Freight: A Complete Guide

    Last updated on June 17, 2024 by Ben Thompson
    What is Ocean Freight

    Ocean freight is a method of shipping goods internationally by sea, utilizing specialized ships. It's cost-effective for large or heavy shipments. The process includes packing, loading onto cargo ships, ocean transit, unloading at the destination port, and customs clearance. Different services like FCL, LCL, and Ro-Ro cater to various needs. Ocean freight is ideal for…

  • Full Truckload (FTL) Explained

    Last updated on June 14, 2024 by Ben Thompson
    Full Truckload Explained

    Full Truckload (FTL) shipping is a top choice for businesses moving large quantities of goods efficiently and affordably. This method reserves an entire truck for one customer, ensuring faster delivery, minimal handling, and enhanced security. Learn about FTL shipping's advantages, how it works, and key factors affecting costs to improve your logistics and boost profitability.

  • Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

    Last updated on June 12, 2024 by Ben Thompson

    To grow your import business, understand landed costs, profit margins, and operating costs. Create a solid plan for selling products in your market. Calculate landed costs, set profitable selling prices, and consider operating expenses like storage and working capital. Plan sales and marketing strategies, considering market risks and costs. Invest in efficient software to streamline…

  • Differences Between Dangerous Goods and Hazardous Materials in Global Trade

    Last updated on July 24, 2024 by Ben Thompson

    Improper handling of Dangerous Goods and Hazardous Materials leads to safety risks in global trade every year. This article clarifies their differences, definitions, and key distinctions. Learn how to identify and handle each safely. Understanding these terms ensures smooth and compliant trade operations. Discover major disasters caused by mishandling these materials at the end. Read More »

  • Land Transportation Explained

    Last updated on July 20, 2024 by Ben Thompson

    Land transportation involves moving goods via road, rail, and pipelines. This mode is essential for logistics, connecting suppliers to consumers and ensuring efficient product movement. From ports and warehouses to stores and end-users, land transport keeps supply chains flowing. In this blog, we explore the various modes, their benefits, challenges, and recent innovations in the field. Read More »

  • Best Practices for Container Loading: Tips to Securely Load a Shipping Container

    Last updated on July 17, 2024 by Ben Thompson
    Container Loading Best Practises

    Container loading involves packing goods into shipping containers to keep them secure during transit. Proper loading prevents shifting and damage, reducing costs and delays. Containers can carry many types of cargo, from electronics to machinery. Effective loading maximizes space, minimizes damage, and ensures smooth, efficient transportation. Read More »

  • Markup vs Profit Margin: Understanding the Difference in Global Trade (2024)

    Last updated on June 28, 2024 by Ben Thompson
    Markup and Margin Calculations

    Discover the crucial differences between markup and profit margin. Learn how to calculate each, understand their impacts on pricing, and apply effective strategies to ensure long-term profitability. Clear explanations and practical formulas will help you avoid pricing errors and communicate effectively with your sales team. Make informed decisions for your business success. Read More »

  • Quotations In Global Trade 

    Last updated on June 26, 2024 by Ben Thompson
    quotations comparison

    Comparing quotations from suppliers is essential in global trade to manage costs and ensure smooth operations. Quotations detail prices, delivery times, and payment methods. By carefully comparing these quotes, businesses can identify the best deals, control costs, and avoid potential issues. This process helps optimize landed costs and supports informed decision-making for long-term profitability. Read More »

  • An Overview of SWIFT International Telegraphic Transfers and other International payment methods

    Last updated on June 25, 2024 by Ben Thompson
    SWIFT Telegraphic Transfers Explained

    If you’re involved in Global Trade you would be aware that importers and exporters agree to sell goods on agreed payment terms that usually involve a SWIFT Telegraphic Transfer, or T/T payment. Before products can be exported around the world the buyer and seller will agree on the terms of trade (including Incoterms®) then include all details in Purchase Orders, Proforma Invoices and Sales Contracts that are countersigned by both parties. Read More »

  • How To Save Money On International Shipping

    Last updated on June 19, 2024 by Ben Thompson
    save money on international shipping

    International shipping affects the landed cost of a product, including transportation fees, customs duties, and taxes. Strategic shipping decisions can help manage and reduce these costs. This guide offers practical tips to save on international shipping, like negotiating lower rates, optimizing packaging, and choosing cost-effective carriers and methods. Read More »

  • What Is Ocean Freight: A Complete Guide

    Last updated on June 17, 2024 by Ben Thompson
    What is Ocean Freight

    Ocean freight is a method of shipping goods internationally by sea, utilizing specialized ships. It's cost-effective for large or heavy shipments. The process includes packing, loading onto cargo ships, ocean transit, unloading at the destination port, and customs clearance. Different services like FCL, LCL, and Ro-Ro cater to various needs. Ocean freight is ideal for budget-conscious shipments and those that aren't time-sensitive. Read More »

  • Full Truckload (FTL) Explained

    Last updated on June 14, 2024 by Ben Thompson
    Full Truckload Explained

    Full Truckload (FTL) shipping is a top choice for businesses moving large quantities of goods efficiently and affordably. This method reserves an entire truck for one customer, ensuring faster delivery, minimal handling, and enhanced security. Learn about FTL shipping's advantages, how it works, and key factors affecting costs to improve your logistics and boost profitability. Read More »

  • Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

    Last updated on June 12, 2024 by Ben Thompson

    To grow your import business, understand landed costs, profit margins, and operating costs. Create a solid plan for selling products in your market. Calculate landed costs, set profitable selling prices, and consider operating expenses like storage and working capital. Plan sales and marketing strategies, considering market risks and costs. Invest in efficient software to streamline processes. A comprehensive plan, backed by research and professional advice, is key to success. Read More »

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Glossary of Shipping Terms

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For Importers

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Export Manager's Guide to Remote Working

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Download a Proforma Invoice Template PDF

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Unit Load Device ULD Air Container Specifications

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