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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Latest Freight News Freight News Archive
Chinese city launches new freight train route to London
Last Saturday a freight train departed Wuwei City, in northwest China's Gansu Province, for London. This was the inaugaral trip of the new route of China-Europe freight train service. The freight train is loaded with cargo of 12 million masks, ...Read More
Tags: China, freight, rail freight
LA Ports Blocked With Cargo Imports
Last week some 60 container cargo ships were standing idle at the entrance of the Los Angelese port complex last week. Congestion in the San Pedro Bay is expected to continue. Los Angeles Port processed 954,377 twenty-foot equivalent units of ...Read More
Tags: cargo, containers, imports
China’s clean marine fuel exports dip, teapot demand bolsters imports | Reuters
Exports from China of clean marine bunker, or very low-sulphur fuel oil (VLSFO), fell by 2% in August from a year-ago period, customs data showed. August exports of the shipping fuel, which has a maximum sulphur content of 0.5% were ...Read More
Sri Lanka’s Ceylon Tea exports up 15-pct in July 2021, Iraq top buyer | EconomyNext
Exports of Ceylon Tea from Sri Lanka grew 15.7 percent in August 2021 from 25.48 million kilograms in 2020, when exports were hit by Covid-19 restrictions. August export earnings were 116.5 million US dollars an increase from 102.9 million a ...Read More
