Commodity trade finance is the process of securing funding for the purchase of commodities. This can be done through a number of different methods, including letters of credit, documentary collections, and factoring. In this blog post, we will discuss the different...
Introduction to Trade
Should we export our product?
Business has gone international. New electronic and logistics technologies have narrowed distance, cutting down on time-consuming aspects of trade that used to be necessary for reaching customers across countries; while agreements open markets up even more by removing...
Automated Manifest System
The AMS was designed to not only reduce the time needed to import goods into the United States, but also to keep track of freight and ensure that imported goods are safe. If all the required documentation for the AMS is not submitted within the deadline set by...
Difference Between BAF and CAF
BAF and CAF are two charges that shipping carriers use to protect themselves against price fluctuations. These surcharges are levied on the total freight bill and play a significant role in understanding the transport’s final price. BAF vs. CAF BAF (Bunker Adjustment...