Tera Logistics

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 (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

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