Incoterms: Ex Works
The word ‘ex’ is often referred to ‘something that one used to be’ or ‘former.’ However, Ex Works has a different meaning when it comes to International Chamber of Commerce or...
August 5, 2019 -
Marine Cargo
Type of Marine Cargo: Liquid Bulk
What is Liquid Bulk Cargo Liquid bulk cargo is carried unpackaged in any quantity and usually transported by ships that are commonly referred to as tankers which are built specially to make the... continue reading
July 1, 2019 -
Marine Cargo
Type of Marine Cargo: Dry Bulk
What is Dry Bulk Cargo Dry bulk cargo is a variety of solid goods that are transported by logistics company in large unpackaged units and measured as tons of deadweight tonnage (dwt). The weight of... continue reading
June 3, 2019 -
Marine Cargo
Type of Marine Cargo: Break Bulk
What is Break Bulk Cargo Break bulk cargo is a type of general cargo that is loaded individually in defined load units, such as bagged, drummed, palletized, and other unitized goods. Break bulk... continue reading
May 6, 2019 -
Marine Cargo
Type of Marine Cargo: Containerized
What is Containerized Cargo Containerized cargo is a type of general cargo that is shipped as container load units. It is carried by certain ships, namely container carriers. Since the advent of... continue reading
April 1, 2019 -
Logistics Parties
Fifth Party Logistics (5PL) Definition
Fifth party logistics operator has specified jobs using recent technologies from implementing logistics solutions to negotiating rates. Like 4PL, the company that known as 5PL belongs to the... continue reading
March 4, 2019 -
Logistics Parties
Fourth Party Logistics (4PL) Definition
Fourth party logistics also known as lead logistics provider company is quite similar to 3PL. Despite so, it has a wide gap when it comes to managing services to the clients. Common terms about... continue reading
February 4, 2019 -
Logistics Parties
Third Party Logistics (3PL) Definition
A third-party logistics company is working with multiple organizations and specialized in performing various jobs from receiving inventory to shipping. Unlike the second party logistics service... continue reading
January 7, 2019 -
Logistics Parties
Second Party Logistics (2PL) Definition
Second party logistics entity is a type of company that providing an array of modes of transportation for a delivery purpose. If the first party logistics or 1PL company goes with its... continue reading