TRONSLOG

                                            Freight Calculator Freight calculator for ocean transport is a very useful tool to instantly access the international ocean freight on the go. Ocean freight rate calculator are now widely used to get an ocean freight estimate. To access international markets , exporters need an estimate on the ocean freight rate before they quote CFR price to their buyers. Importers need to arrive at their landing cost before they decide on purchase from abroad hence these ocean freight rate calculators play a vital role in quick decision makings. Before digitization of these ocean freights exporters use to wait for days before getting quotes but now it is instant. To serve above requirement, Tronslog had developed its own ocean freight rate calculator available on the home page. Just select origin and destination sea ports and ...

                                                FCL Shipment A full container load (FCL) is an ISO standard container that is loaded and unloaded under the risk and account of one shipper and only one consignee. In practice, it means that the whole container is intended for one consignee. FCL container shipment tends to have lower freight rates than an equivalent weight of cargo in bulk. FCL is intended to designate a container loaded to its allowable maximum weight or volume, but FCL in practice on ocean freight does not always mean a full payload or capacity - many companies will prefer to keep a 'mostly' full container as a single container load to simplify logistics and increase security compared to sharing a container with other goods. READ MORE- Freight Forwarding Online, Buy & Sell Ocean Freight,Tronslog

                                     DPD - Direct Port Delivery Direct Port Delivery (DPD), which began IN 2017 with the Nhava Sheva port on the outskirts of Mumbai, entails the delivery of a shipment from the port to the consignee instead of initially holding it at a container freight station (CFS). The initiative will cover more ports soon. DPD, a global concept, can potentially cut the time between a shipment landing at the port and reaching the factory to one day from nine at present. About 70% of India's containerised imports now come to CFSs. The government aims to convert 70% of these imports into DPD in the next few years. Yet, some intended beneficiaries' the importers' have said the Jawaharlal Nehru Port Trust (JNPT) at Nhava Sheva faces severe congestion and isn't ready for the DPD model. READ MORE- Freight Forwarding Online, Buy & Sell Ocean Freight,Tronslog

                          DIFFERENT INCOTERMS IN SPECIFIC COUNTRIES Now we all have a basic idea of what incoterms are and how they help in the import and export of goods. Incoterms however do have exceptions. For instance, US is the only country that accepts a customs bond. A customs bond is charged by the US customs department and protects the US government in case the importer has not paid any penalties or taxes. If such a case comes up then the goods are withheld by the US customs department. Also when exporting goods from India, a withholding tax is to be paid. If the goods which are being exported is mentioned in the Second Schedule of Export Tariff, then no taxes are to be paid otherwise one should pay the withholding tax to get a clearance to export the goods. While we have discussed India and US briefly there is also a third country which has specific Incoterms relating to trade. The country is UK. T...

                                                     DIfference In Incoterms Now we all have a basic idea of what incoterms are and how they help in the import and export of goods. Incoterms however do have exceptions. For instance, US is the only country that accepts a customs bond. A customs bond is charged by the US customs department and protects the US government in case the importer has not paid any penalties or taxes. If such a case comes up then the goods are withheld by the US customs department. Also when exporting goods from India, a withholding tax is to be paid. If the goods which are being exported is mentioned in the Second Schedule of Export Tariff, then no taxes are to be paid otherwise one should pay the withholding tax to get a clearance to export the goods. While we have discussed India and US briefly there is also a thi...