Shut Up & Go Trade Laurie Ritter

This Bonus track from episode 6, Tom and I discuss some of the terms used in shipping and costs associated on freight bills.
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This episode brings back friend to the show, Tom Pampillonia of Toll Forwarding to talk about the supply chain chaos currently taking place. China, fires, hints of strikes, Ukraine/Russia situation, rates up/down/around and ships still waiting outside of ports. It's a freight geek's circus!! Whoo hoo here we go!!
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After a short hiatus, your Trade Diva is back to talk about what is going on with the supply chain and global logistics industry. Freight rates, waiting times, congestion, the non-solutions being provided and a look into the Trucking Convoys taking place globally. Buckle up here we go!
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Logistics and supply chains were particularly affected by the pandemic last year; a lot of the freight air capacity was lost. We've seen airlines ripping out seats on passenger flights to load cargo, especially out of China, for the PPE products. Businesses like Home Depot did particularly well since people started making home improvements, but inventory levels dropped to their lowest since 1997. The market right now is going through a process of replenishing, and it goes across all verticals, whether it is retail, automotive, aerospace, and so forth. 
In this episode, we chat with Tom Pampillonia, Director of Sales of the Eastern Region at Toll Global Forwarding. Tom has over 30 years of experience in the logistics business. He worked as the East Coast Director of Jet Speed Logistics USA Llc, and he was the Director of the Eastern Region at NNR Global Logistics, where he worked for 21 years. 
We talked about the current supply chain and logistics market situation, how deep the pandemic affected it, and its impact on small and large importers and exporters. Tom kindly explained where the difficulties of getting containers come from, the change in its pricing, and its effects on the market. He also shared how he got into logistics and predicted when we can expect the market to go back to normal. 
Tune in to Episode 4 of Shut Up and Go Trade and get a deeper look at how the supply chain and logistics market changed the last year and what we can expect shortly.
In This Episode, You Will Learn:
What are the reasons why it is so hard to get products shipped in a short time nowadays (2:38)How the pandemic affected supply chain and logistics (4:03)Why it is so hard to get containers, and why they became more expensive (7:18)Why we are paying 4 or 5 times more for a service that is 4 or 5 times worse (12:20)What Tom thinks is going to happen in the forthcoming months (22:46)
Resources:
Toll Group North America website
Connect with Tom:
LinkedIn
Let's Connect:
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Most business owners roll their eyes and sigh when they're offered export credit insurance; they see it as another insurance they need to write a check for. However, out of all their insurance coverages, export credit is the one they will touch the most during the year. When Eric Voegtle talks to his clients, he likes to start talking about how they cannot get paid and work backward from there. 
Today, I'm joined by Ralph Bocchino and Eric Voegtle, Executive Vice President at Volofin USA. We will continue our last episode's conversation about purchase order financing, extra financing, and trade financing. We will dive deep into export credit insurance from both the user and the client-side perspective. Eric kindly shared valuable insight about cancelable and non-cancelable coverage, how insurance companies evaluate our customers, and more. 
Tune in to Episode 3 of Shut Up and Go Trade and get a better grip of how can export credit insurance end up not only paying themselves but saving you lots of money.
In This Episode, You Will Learn:
A bit of Eric's background and how he helps his clients (1:53)The triggers that activate export credit insurance (5:28)How can supply chain financing or reverse factoring and purchase order financing help us (7:43)The differences between cancelable and non-cancelable coverage (17:04)How credit insurance works from the customer perspective (27:19)
Resources:
VoloFin website
Connect with Eric:
LinkedIn
Let's Connect:
WebsiteLinkedInFacebook Group – Shut Up (Talk It Up) & Go TradeTwitterInstagramYoutube ChannelSupport this show http://supporter.acast.com/shut-up-go-trade.
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We talk heavily on the export side and get American products out overseas, but we forget about making that US product and what importers need to source that good to produce. The import side of a trade is always a little more difficult for the importer because they must do the financing part; they have to sell it to the bank and sell it to the supplier. 
In this episode, I'm joined by Ralph Bochinno and Walter from Allstate Roofing, and we talk about trade finance options on an import level. We will listen to real-life discussions of the making of an import deal. I'll share conversations with the President of the bank and with the bank's client. We will hear some of the questions and the details banks are interested in knowing before closing a deal. Finally, Ralphie and I will wrap it up by discussing what we've heard and what are the possible solutions to make imports easier. 
Tune in to Episode 2 of Shut Up and Go Trade and glimpse the inside of an import deal and the challenges you can expect to face when doing it.
In This Episode, You Will Learn:
Why it is tougher to find assistance on the import side (3:39)The lunch meeting. A supplier's options (7:23)When suppliers look at fall if they don't get an order soon (13:23)Import is sweat equity. Rolling up the sleeves and putting the work in (17:28)Finding the right person in the bank (22:06)Asking the four questions. Getting in with the company as soon as they start (28:07)
Let's Connect:
WebsiteLinkedInFacebook Group – Shut Up (Talk It Up) & Go TradeTwitterInstagramYoutube ChannelSupport this show http://supporter.acast.com/shut-up-go-trade.
Become a member at https://plus.acast.com/s/shut-up-go-trade.



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