Archive List for Logistics Column

Explain about Marine Insurance and Insurance Terms! To avoid the cargo damage risk during transportation, we need to know the type of Marine Insurance.

Logistics Column

Marine insurance is one of the indispensable risk management in trade. There are two major types of insurance by private companies: non-life insurance and life insurance, and what is used in trade is marine insurance called “Marine” among non-life insurance. This time, I would like to look at freight insurance, the knowledge of it is especially required for deal in trading. Parties involved in freight insurance An insurance company that pays out insurance is called an insurer (Assurer). Also, a person who can receive insurance is called Insured / Assured. Insurance period Insurance such as auto insurance and fire insurance is usually contracted on a yearly basis. However, the insurance […]

Customs/Bonded Area and Bonded Transportation! Explained the different type of Bonded Area in Japan.

Logistics Column

In logistics, knowledge of customs and customs duties is very important. With import and export, customs duties are imposed according to the regulations of each country, but in fact, the goods are not taxed immediately upon arrival. Did you know that there is a place where there is no tax for a certain period of time? They are called customs area or free trade zones. Let’s take a look at customs area and bonded transport, in order to carry the cargo smoothly and to facilitate trading. What is “bonded”? “Bonded” means the postponement of taxation of imported goods for a certain period of time until an import permit is obtained. […]

What kind of L/C are there? – Explain the type of L/C you better to know before you start trading

Logistics Column

L/C in trade can be divided into several types depending on the agreement and nature of the contract. I will explain the main types of L/C here. I believe it will help you deeply understand L/C and make your business more successful. Now, let ‘s take a quick look! Origin of L/C and documentary L/C L/C (letter of credit) was originally developed from a travel letter of credit. By travelers carry it, they can procure funds from the issuing bank. Commercial L/C have come to be used for commercial transactions as well, and this is now commonly called as L/C. As can be seen from its origin, it can be […]

Explanation about How to calculate air freight. How you compare size of goods and weight?

Logistics Column

Air transportation has an advantage which is faster than sea transportation. Normally, we use Air transportation service for small and light cargo delivery, or use it for urgent delivery case. Compared with the sea transportation, the air freight is more expensive than the rate of sea shipment. When you choose the air shipment, you have to understand how much is the air freight for your cargo delivery and you also have to understand how to calculate the air freight. However, you may think it is difficult for air freight calculation. If you understand how to calculate air freight, you can compare the benefit of each Air Line services. Also You […]

What is the L/C(Letter of Credit) deal? Explain its purpose, meaning, and related rules

Logistics Column

L/C (letter of credit) – Letter of Credit is one of the documents commonly used in transactions regarding international transport. In the case of international trade, the counterparties may be far away and their faces may not be visible, and risks such as non-payment are particularly concerned when starting new business. L/C is used to reduce the risks to deal with the company in other countries. If there is L/C, the bank that issued it guarantees payment, which makes it a very useful document for smooth transactions with the exporter/importer in overseas. Therefore, it is essential for trade to understand well about L/C. Here we will take a closer look […]

What’s AWB? Explain about the feature of Air Waybill and the difference between MAWB and HAWB.

Logistics Column

B/L is the important document for sea shipment and there are Master B/L and House B/L. And also there is Air Waybill(AWB) as an important document for Air shipment. This time I would like to explain about AWB in Air Shipment. What is AWB (Air Waybill) First of all, what is AWB (Air Waybill)? AWB is an invoice for international air cargo which plays the same role as shipping slip of EMS or DHL if it says simply. In the AWB we will explain the contents of what is described is as below. 1. Air Line Name 2. AWB number 3. SHIPPER: Shipper’s Name, Address 4. CONSIGNEE: Consignee’s Name, Address […]

【Container Dictionary】This is all about the containers for International Logistics. The explanation of container Type, Size, Weight, Usage, Repairing, Problem and so on.

Logistics Column

Containers are necessary for International Logistics and there are various types of containers. It is important to understand the characteristics of each container and select the appropriate one. There are various requests in our group companies which have the number of containers shipped more than 2,000 container per month. Based on the information we gained in that experience, we would like to explain containers used for logistics from the various point of view today. Type of Containers Containers used for International Logistics are generally classified into the following types. We use different type of containers according to cargo. Dry container It is a general container. There are 3 types of […]

【Special Edition】Summary of the specifications of the truck / trailer used for domestic transportaion in Thailand! Size, loadable weight, refrigerated / frozen, milk run, security, GPS etc will be explained.

Logistics Column

Various types of trucks are used for domestic cargo transportation in Thailand. It is required to select appropriate trucks based on cargo conditions such as weight, size, height and temperature control. This time we would like to explain the specifications of each truck used in Thailand and the transportation method using these trucks. Type/Size/Feature of truck 4Wheel track This is 4 Wheel truck, or a truck called a pickup truck. If the cargo weight is 1 ton or less and up to 2 pallets, this truck can transport. It is a truck that can arrange with the cheapest price. Specification of 4Wheel truck · Width: 1 m · Length: 2.2 […]

The difference between Free Time and Detention. We will explain how to count the Free Period at the port and the reference cost of Demurrage/Detention in Japan.

Logistics Column

There are things you need to check when shipping cargo. It’s free time and detention. If you neglect this confirmation beforehand, it will cost you when there is some trouble after the cargo arrives at the port. What is Free Time? It is a period of keeping cargo at the terminal for free of charge when importing cargo by sea shipment. After the Free Time, the penalty of excessing storage called “Demurrage” occurs. The length of the Free Time depends on each shipping company though. It is generally 7 to 14 days. In the case of reefer containers and dangerous goods cargo, Free Time is shorter than general cargo. It […]

The logistics flow of Ocean Export by FCL and LCL. How the cargo will be delivered to the customers in overseas.

Logistics Column

When cargo is transported by sea, how does cargo be carried and delivered to the Consignee? Unlike domestic transport, the cargo is delivered through various steps in international transportation. This time, we will explain the flow of international transport from cargo pick-up to delivery of the cargo. 1. Loading the cargo into container/truck FCL(Full Container Loading) delivery case The cargo produced at the factory is ready for shipment. At this time the cargo is just packed on the carton box or it is loaded on a pallet. The cargo that is ready for shipment is loaded into a container with a forklift, hand lift, or by hand. In general, it […]

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