International Cargo Seaport: Port of Yingkou
The Port of Yingkou is the second-largest port in northeast China and is ranked ten as the largest port in China. It is an international seaport with a significant import facility for north-eastern...
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 (2PL) 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
December 3, 2018 -
Logistics Parties
First Party Logistics (1PL) Definition
First party logistics service provider is an entity that goes with an independent system. It runs its own logistics operation and it is not a secret that a company requires logistics to run a... continue reading
November 5, 2018 -
Incoterms
Incoterms: Delivered Duty Paid
As one of the rule determined by International Chamber of Commerce, DDP stand for Delivered Duty Paid which means seller is responsible for sending the cargo to the placed specified by the buyer and... continue reading
October 8, 2018 -
Incoterms
Incoterms: Delivered at Place
What is the similar thing between Delivered at Terminal or DAT with delivered at place or DAP With DAP, the seller still delivers the goods from the first spot to the next or final, specified... continue reading