Cash Against Documents. The receiver of the consignment must pay in cash, before he gets the shipping papers and therefore the goods. A third party (usually the shipping company, ship’s agent or freight forwarder) keeps shipping papers until it receives the payment from the buyer.
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Shipping profits expected to increase
It is predicted that container shipping will increase profit this year in the USA. Yearly contract freight rates in 2021 will be going up by more than 60% on the major routes, compared with 2021 contract rates. This means there ...Read More
Irish Food, drink, horticulture exports remain stable
Exports of food, drink and horticulture from Ireland to the UK have remained constant in value at €4.4 billion, compared with 2020. Ireland exports about 90% of its food and drink production. In spite of the continuing Covid-19 pandemic and ...Read More
Japan’s exports, imports rise
Exports and imports for Japan rose to record levels in December, due to higher energy prices and rising demand for automobiles. Exports from Japan in the recording period leaped 17.5 percent year on year to 7.9 trillion yen (69.01 billion ...Read More
Shipping container ratesChina-US increase
Freight rates for shipping containers from east Asia and China to both US coasts are increasing again. US consumer demand for goods continues to grow. Volumes at China's ports are expected to remain high, before returning to normal growth rates ...Read More
Tags: China, containers, Freight Shipping
