Archive for January, 2006
Kuehne + Nagle growing again
3 January 2006Many of you are familiar with Kuehne + Nagle, they are a top notch freight forwarder who just got bigger.
Two weeks after the European Commission’s approval of the takeover, Kuehne + Nagel has completed the acquisition of ACR Logistics. With over 40,000 employees in more than 100 countries, the Kuehne + Nagel Group claims it [...]
Export-Import Bank
3 January 2006Eximbank is an independent U.S. government agency that finances goods and services from the United States. Often, Eximbank is used when private finance institutions are unlikely or unwilling to lend to foreigners buying U.S. goods due to high risk. Eximbank guarantees protect private loans to foreign buyers, however, one requirement is a 15% cash downpayment. [...]
Ocean Shipping Containers
2 January 2006If you are shipping your export in an ocean container, what do you need to know? Here are some basics:
Most freight is moved in “standard containers”, a standard container is a watertight box that has double doors on one end to allow for loading and unloading. Standard containers are 8 feet wide, eight and one-half [...]
What is a Carnet?
1 January 2006You’re attending a trade show in a foreign country, and need to send over materials for display. Can you send it without paying duties? In some cases “yes”.
A carnet (car-nay) is an international customs document that allows you to carry or send merchandise for a one year period or less into another member country for [...]
