Containers in a port
The ex Works shipment term is still commonly used by exporters from the UK; there are advantages and disadvantages for the seller. On one hand, he does not have the responsibility of sourcing a reliable carrier and paying the freight bills; on the other hand, he is obliged to use the carrier specified by the purchaser, which means he loses control of the transport of his goods. If the freight forwarder or shipping company is unreliable, does not arrive to collect on the appointed day, or damages or loses the goods on a regular basis, this can reflect badly on the seller and on his goods, even if the problem was not caused by him.
On ex Works consignments, the seller only has to make the goods available at his own premises – he has no responsibility for the transport.
The Indian Prime Minister Narendra Modi visited Sweden last week for trade talks. A Nordic-Indian summit took place with the leaders of Denmark, Finland, Iceland, Norway, Modi and Löfven, the Prime Minister of Sweden. Sweden has been courting India recently, ...Read More
Tags: Denmark, Finland, Norway, Sweden
Following last year’s trial services (China to London and London to China), on April 10 the first scheduled freight service from DP World’s London Gateway terminal to the Duisburg freight hub in Germany departed. The load included containers destined for ...Read More
Tags: China, containers, freight, Germany, rail freight
Exports of Burgundy rose 0.7% by volume in 2017 versus 2016. The lack of Chablis and Petit Chablis hampered further gains as, if Chablis is removed from the equation, exports of Burgundy by volume rose 6%. Exports by value rose ...Read More
Tags: exports, Sweden
European Union imports of fruit and vegetables from non-EU countries reached 15.5 million metric tons (MT) in 2017, representing an increase of 5%. Spain’s Federation of Fruit, Vegetable, Flower and Live Plant Grower Exporter Associations reported 13.3 million MT of ...Read More
Tags: imports, Spain