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Read more about the article Risks of using DAP Incoterm

Risks of using DAP Incoterm

DAP Incoterm is a term used to describe a buy-sell arrangement where goods are delivered to a specific location, also known as the "named place". DAP is an acronym for…

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Read more about the article Difference between 3PL and 4PL

Difference between 3PL and 4PL

The use of 3rd party logistics and 4th party logistics models is a common practice throughout the world. Let's look at what these terms mean. 1PL: First Party Logistic Model…

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Read more about the article Back to Back LC

Back to Back LC

What is a Back to Back letter of credit? The Back to Back letter of credit is a secondary letter of credit that can be used finance a transaction. The…

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Read more about the article Incoterms 2020 Introduction For Traders

Incoterms 2020 Introduction For Traders

What are Incoterms® 2020? Incoterms is short for international commercial terms. These were first published by the International Chamber of Commerce (ICC) in 1936. The ICC publishes updates to the…

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  • HS Classification Dummy's Guide
  • HS Classification Advisory
  • Global Trade Snippets
  • Incoterms® 2020

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