TRONSLOG

                                        Ocean Freight Rates Ocean freight rates are key in international trade. Their fluctuations are prone to lot of factors. To list few. Demand and supply: Container inventory at respective location. Fuel cost Sanctions and trade conflicts Exports / Imports from a port based industrial houses are more prone to ocean freight fluctuations compared to the ones which are more inland. Inland ones still have road / rail transport cost to deal with so overall fluctuations in their logistics cost is minimum. This is basis an assumption that product exported from inland location and product from the ports vicinity are not the same type. Depending on the volume of cargo an exporter or importer can negotiate the ocean freight charges with the carrier. If his volumes are not good enough then he can also approach a freight forwarder who may ha...

\                                         Ocean Freight Company There are thousands of ocean freight companies out there serving millions of exporters / importers worldwide to turn the wheel of this international trade. The contribution of Ocean freight companies to the international trade is immense. In last few years Technology has finally moved into shipping and now more and more modes of transport are being covered under technology umbrella. No matter what name you give them such as Digital freight forwarding , E freight forwarding, freight marketplace etc, they still can't replace that Relationship based selling. Exporters/importers still need that human touch who can guide them on the shipment process. Technology can make the business of freight buying and selling efficient but can not replace the human part of freight forwarding. Ocean freight companies are investing...

                                                      Name Place Must Be Defined An important thing that buyers and sellers must have in their mind while framing the contact is to define the named place. The named place must be correctly defined in the contract. The correct format of defining a name place in the contract is that the name place must follow the three letter abbreviation of the incoterm. For instance DDP Shenzen Yantian DDT. Here DDT and DDP are the incoterms and Shenzen Yantian is the named place. Also be very accurate while defining your named location. As many of the larger cities have several terminals and those terminals have several drop-off points this could lead to confusion. So be precise while defining your location. Use a port code guide if you are not sure of the accuracy of the location. KNOW MORE ABOUT-https://www.tronsl...

                                           Marine Legal Assistance In todays business transactions the importance of contracts and the legal terms cant be ignored. A small error in understanding of the contracts which shipper , exporter , trader enters into can have cascading effect if something turns bad. To facilitate a quick redressal to your such queries, we have tied up with leading Attorneys and legal advisors. Just go through the relevant service you need and hit schedule call back. You will receive a call back at your convinient time to understand your requirement in more detail. Accordingly we will schedule an appointment with the concerned legal expert. Fees ? It depends on case to case basis as requirements may not be same for all your needs. We can assure quality and economical price so just enjoy this service and run your business efficient. READ MORE- ...

                                                  Marine Insurance Even though the air, road, and rail transports have advanced significantly these days, but the sea is still the most preferred mode of trade-related transport. In modern days as well the international trade is largely dependent on ships. As we all know sea routes are more exposed to the risks than rail, road, and air. Risks like collision, bad weather, etc. are very common with ships. All these hazards have given a rise to the requirement for the marine insurance. Marine insurance is a type of insurance that not only covers the ships against damage or loss, but also the cargo contained and being transported in it. What is Marine Insurance? Marine insurance offers coverage in case of damage or loss of cargo, ships, terminals, and any transport by which any property is acquired, trans...

                                                            LCL Shipment Less-than-container load (LCL) is a shipment that is not large enough to fill a standard cargo container. It is grouped with other consignments for the same destination in a container at a container freight station. One container may have cargo with 2 or more shipper and cnees. For shipments less than 10 cbm or so it is generally advisable to go with LCL unless the cargo is sensitive or expensive or haz which need special care. Although it is economic way of shipping but there are few challenges. Longer transits. It will wait for likewise (same destination) cargo to arrive before being stuffed into container. Clearance delays: If there are any cargo clearance delays at the border for the sister cargo then your cargo will also get delayed as the entire ...

    INCOTERM WHAT ARE THEY Incoterms and intercoms may look as seemingly similar terms. There are chances that you may have misread the former one and now you are reading the first sentence again. Well these words may have been made up using the same set of letters but are hugely different from each other. You may now very well be wondering that what exactly are Incoterms? Basically Incoterms is an acronym for International Commmercial terms. They are a set of protocols that are used in contracts pertaining to the import and export of goods. These commercial terms are published and reviewed by the International Chamber of Commerce under International Commercial Law. It simply defines the responsibilities of the supplier and the buyer to simplify the process of importing and exporting. You might also be surprised to know that Incoterms dates back its first use to the year of 1936, when its first edition was published by the International Chamber of Commerce. Since the...