Freight Forwarding

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Freight Forwarding, Shipping & Logistics [UPDATED 2022]

Welcome to the TFG freight forwarding, shipping and logistics hub. Moving goods and services from A to B has become complex, as supply chains have grown longer and fragmented. Whether you’re transporting goods, or learning about supply chains, warehousing, transportation and packaging, we’ve got you covered.

Featured Insights

The extra risks for the seller under the D rules The extra risks for the seller under the D rules – With the seller not only contracting for carriage to the buyer’s country but also contracting for delivery to occur there – the difference between the C rules and the D rules – the seller not only bears the transit risk but potentially puts itself in jeopardy of breaching the sales contract.
Incompatibility of D rules with Letters of Credit Incompatibility of D rules with Letters of Credit – In the D rules delivery does not occur until a named destination place. How it gets there, what origin port or place it left and when it left are all irrelevant. This puts the D rules completely at odds with the typical LC that requires a port of shipment, port of destination and a latest shipment date.
Port congestion mounting despite plummeting demand–what is happening with China-US ocean freight Port congestion mounting despite plummeting demand–what is happening with China-US ocean freight? – Using freight rate data from the Freightos Baltic Index, the AI-powered ocean freight visibility solution provider Windward seeks to better understand the impact of current trends on the China-US flow of goods, port congestion in both countries, ocean freight prices, and what is driving these changes.

Latest Insights >>

The extra risks for the seller under the D rules The extra risks for the seller under the D rules
Incompatibility of D rules with Letters of Credit Incompatibility of D rules with Letters of Credit
Port congestion mounting despite plummeting demand–what is happening with China-US ocean freight Port congestion mounting despite plummeting demand–what is happening with China-US ocean freight?
TFG Weekly Trade Briefing TFG Weekly Trade Briefing, 20th June 2022
motivations and rationale Motivations and rationale for variation of Incoterms® rules
We still need humans! Veridapt and DrumRisk on bridging the physical and financial commodity supply chains using technology We still need humans! Veridapt and DrumRisk on bridging the physical and financial commodity supply chains using technology
Why should the maritime rules not be used for container shipments Why should the maritime rules not be used for container shipments?
DO WE REALLY NEED SUCH COMPLEXITY IN THE INCOTERMS RULES Do we really need such complexity in the Incoterms® 2020 rules?
Delivery for the maritime rules FAS, FOB, CFR, CIF Delivery for the maritime Incoterms® rules – FAS, FOB, CFR, CIF

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
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Latest Incoterms insights

The extra risks for the seller under the D rules The extra risks for the seller under the D rules
Incompatibility of D rules with Letters of Credit Incompatibility of D rules with Letters of Credit
TFG Weekly Trade Briefing TFG Weekly Trade Briefing, 20th June 2022
motivations and rationale Motivations and rationale for variation of Incoterms® rules
Why should the maritime rules not be used for container shipments Why should the maritime rules not be used for container shipments?
DO WE REALLY NEED SUCH COMPLEXITY IN THE INCOTERMS RULES Do we really need such complexity in the Incoterms® 2020 rules?

Videos – Freight Forwarding, Shipping & Logistics

We still need humans! Veridapt and DrumRisk on bridging the physical and financial commodity supply chains using technology We still need humans! Veridapt and DrumRisk on bridging the physical and financial commodity supply chains using technology
Zencargo Interview 2min VIDEO: How can we reform the shipping industry to attract young professionals?
INCOTERMS rules and Letters of Credit VIDEO: Incoterms and Letters of Credit

Shipping Rules Guide

A basic 16 page shipping rules guide, including the latest updates to the Incoterms® 2020 Rules, to be used in conjunction with The International Chamber of Commerce’s (ICC) new book, INCOTERMS® 2020.

This short page guide provides an article by article commentary on the Incoterms® 2020 Rules.

Freight Forwarding, Logistics and Shipping Podcasts




Taxes and Codes

1 | IGST, SGT and CGST >

2 | HSN Codes>

3 | HS Codes >

4 | GST >

5 | Telex Releases >

6 | IGM and Bill of Entry >

Freight Forwarding Frequently Asked Questions

Should I use a freight forwarder if I know very little about logistics?

When people are not comfortable about shipping logistics, it is sometimes easier to use a freight forwarder. Their services vary and they can assist in improving efficiency both in relation to cost and time, as they are able to consolidate smaller shipments. They can also assist in your navigation around the rules when considering a voyage that you are not familiar with.

How do I choose a freight forwarder?

It might be important to ask the following questions in this scenario:

Are they a member of the British International Freight Association (BIFA) and so covered by freight liability insurance?
Have they worked with clients similar to you and do they have experience with similar products?
Do they work in the same countries you are shipping in?
Are their expertise restricted to a number of countries?
Can they handle multiple transport methods?

Strategic Partners


Incoterms 2022 rules cover

Download our free guide



Contents

Freight Forwarding Hub

1 | Introduction to Freight Forwarding
2 | Air Freight
3 | Bill of Lading (BL)
4 | Container Shipping
5 | Demurrage
6 | Import General Manifest (IGM) and a Bill of Entry
7 | Full Container Loads vs Less than Container Loads
8 | Inbound Logistics
9 | Container Freight Stations
10 | Container Yards (CY)
11 | Ocean Freight
12 | Phytosanitary Certificates
13 | Reefer Containers
14 | Telex Releases
15 | HS Codes
16 | HSN Codes
17 | HTS Codes
18 | IGST, SGST and CGST
19 | Marine Insurance
20 | DSV Tracking
21 | Certificate of Origin
22 | Port and Starboard

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get started

Latest News

24Aug

The extra risks for the seller under the D rules

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With the seller not only contracting for carriage to the buyer’s country but also contracting for delivery to occur there… Read More →

22Aug

Workers at the UK’s largest container port go on strike

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Dock workers at the UK’s largest container port have gone on strike for the first time in 30 years. About… Read More →

19Aug

China-Europe ties to be strengthened through freight train digital advancements

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A new report on Thursday claimed that China is willing to cooperate with countries along the China-Europe Railway Express lines,… Read More →

02Aug

Incompatibility of D rules with Letters of Credit

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In the D rules delivery does not occur until a named destination place. How it gets there, what origin port… Read More →

27Jul

Port congestion mounting despite plummeting demand–what is happening with China-US ocean freight?

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Using freight rate data from the Freightos Baltic Index, the AI-powered ocean freight visibility solution provider Windward seeks to better… Read More →

13Jul

NIBC shipping portfolio surpasses €1b milestone

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This year, NIBC’s shipping activities have seen a steady growth of financings and, as a result, has surpassed the EUR… Read More →

12Jul

DCSA begins final phase of eBL platform interoperability proof of concept

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Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further the digitalisation and standardisation of container shipping in… Read More →

20Jun

TFG Weekly Trade Briefing, 20th June 2022

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Your Monday morning coffee briefing from TFG:
2022 WTO conference extended to try and end deadlock… Read More →

14Jun

Motivations and rationale for variation of Incoterms® rules

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Certified Documentary Credit Specialist Ravi Jinugu explains the motivations and rationale for variation of Incoterms® rules…. Read More →

25May

We still need humans! Veridapt and DrumRisk on bridging the physical and financial commodity supply chains using technology

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We currently live in uncertain times, both geopolitically, and from a macroeconomic perspective. TFG asked two risk management experts for… Read More →

Incoterms® Index

Ex Works (EXW)
Free Carrier (FCA)
Carriage Paid To (CPT)
Carriage and Insurance Paid To (CIP)
Delivered at Place (DAP)
Delivered At Place Unloaded (DPU)
Delivery Duty Paid (DDP)
Free Alongside Ship (FAS)
Free on Board (FOB)
Cost and Freight (CFR)
Cost Insurance and Freight (CIF)

About the Author

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Trade Finance Global (TFG) assists companies with raising debt finance. While we can access many traditional forms of finance, we specialise in alternative finance and complex funding solutions related to international trade. We help companies to raise finance in ways that is sometimes out of reach for mainstream lenders.

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