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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EU companies selling surveillance tools to China
A human rights organisation has found that three companies based in France, Sweden and the Netherlands exported digital surveillance systems, such as facial recognition technology and network cameras, to operators of mass surveillance apparatus in China. In some cases, the ...Read More
Tags: China, exports, France, Netherlands, Sweden
Asia shipping industry helped by on-line shopping
There has been an online home-shopping boom in the USA, which has caused transpacific sea freight rates to increase to the highest on record. This is helping the container shipping industry in Asia, which suffered a downturn when world trade ...Read More
Tags: freight, Seafreight, shipping
Rail Freight Link Sweden – Norway Opens
A new weekly shuttle service has been commenced by a Norwegian rail freight operator to link Oslo, the capital of Norway, to the Port of Gothenburg, claiming to offer a 'rapid, dependable, climate-smart link' to the largest port in Scandinavia. ...Read More
Tags: freight, Norway, rail freight, Sweden
As Global Trade Struggles, exports from China recover
China’s exports have experienced a resurgence, surpassing even pre-coronavirus levels, according to news reports; global demand for export goods from China like electronic products and medical equipment has seen a big increase. Reports say that China is supplying the kind ...Read More
