What Are Incoterms and Why Do They Matter?

Incoterms Are The Language of International Shipping Shipping contracts for any mode of transport have predefined terms, which are determined by the International Chamber of Commerce (ICC). These terms are commonly referred to as Incoterms, and create consistency for international and domestic trade. In general, most freight forwarding customers use one of the following Incoterms:… Read More

What’s Behind The Slowdown In The U.S. Trucking Industry?

World trade levels have fallen below its October 2013 levels. That has dragged down the U.S. freight industry. According to the Cass Freight Index (which does not include commodities) freight shipments by truck and rail were the worst by volume since 2010. In other words, U.S. freight shipments of consumer packaged goods, food, automotive, chemical,… Read More