January 28, 2010 // Use a carnet to save time and money

Carnets are international Customs documents that allow goods temporary duty-free entry into a country. Issued in booklet form, much like a passport, a carnet can save you from the many of the hassles of Customs clearance in foreign countries. The... [read more]

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January 25, 2010 // More user-friendly Incoterms

If you're one of the many business professionals that find Incoterms confusing and difficult to understand then you are in luck. The International Chamber of Commerce's Incoterms committee is now drafting an update to the current version with an emphasis... [read more]

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January 21, 2010 // Ocean carriers slow vessels to save fuel

More and more container shipping lines are cutting down on vessel fuel costs with one deceptively simple practice--they're going slower. The practice is known as "slow steaming." Here's how it works: carriers simply reduce the average speed... [read more]

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January 14, 2010 // Transpacific cargo vessels crunched for space

Transpacific ocean carriers have completed their winter deployment for 2010. The resulting loss of vessel space combined with the recent upsurge in cargo bookings is causing a severe space shortage, particularly to U.S. east coast ports. We expect... [read more]

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