The Import Export Podcast IncoDocs.com

Since 2020, International shipping rates have been consistently rising in trade lanes all over the world.  This has forced exporters to look at ways to maximize efficiency and reduce shipping costs. In this episode, Lukas from EasyCargo3D gives insight into the rise of shipping rates and how container loading software is used by exporters to maximize loading space, ensure safe load distribution, and reduce shipping costs to remain competitive in today's changing market.  Read more here:  https://incodocs.com/blog/container-loading-software-shipping-rates/

Topics Covered:

What factors have contributed to record high freight rates
How container loading software eliminates manual processes, increases efficiency and reduces shipping costs
How to save SKU details to insert packages into a 3D visual loading planner, for multiple container types

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The USMCA trade agreement came into effect on the 1st of July 2020, replacing the old NAFTA agreement.  The new agreement brings important updates and changes to Origin requirements and classification for goods being shipped between the USA, Canada and Mexico.

In this episode Christopher Wall from Zeus Logics gives insight into the USMCA trade agreement pros and cons and other important information that shippers must be aware of.  Chris explains how the trade agreement has affected the Origin Criterion requirements and how products are classified under the new deal.

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Rylan, the Vice-President of Foreign Exchange at Airwallex discusses changes they have observed in foreign exchange markets around the world. We discuss how importers and exporters can devise a strategy to manage foreign exchange risks during the volatility caused from COVID-19 disruptions.

For a global transaction to take place, buyers and sellers must first negotiate and agree on terms of supply of goods which will be included in detailed Proforma Invoices, Sales Contracts and Purchase Orders. When the agreed terms are met, buyers make International deposit and balance payments to their suppliers. Rylan discusses how Airwallex provides new software technology for buyers and sellers to collect, convert and transfer money in multiple currencies around the world.

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Michael from Scope 3 discusses how new IMO2020 regulations will affect International shipping.  We discuss how what the IMO2020 means and how carriers are preparing for the new Sulphur Oxide (SOx) emissions regulations.

Michael explains the options that carriers have to comply with regulations and how these changes will impact shipping costs around the world.  We give tips on what shippers can expect and what they can do to monitor the fluctuations in bunker pricing into the first quarter of 2020.  Learn how increased fuel costs will affect the cost of products and the final pricing to end consumers in the market.

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Greg from BISON Jacks discusses SOLAS Verified Gross Mass regulations.  We discuss how the International Maritime Organization (IMO) enforced SOLAS regulations to ensure that shippers of containerized cargo correctly verify the gross weight of shipping containers.

Shippers must use Method 1 or Method 2 to correctly declare gross mass.  Greg explains how BISON Jacks came to develop a compact jacks system that allows shippers to weigh loaded shipping containers on site and instantly receive an electronic Verified Gross Mass Certificate.  We discuss how this solution can bring time and cost savings in different use cases along the supply chain, and how they are used in over 40 countries around the world.

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Nicholas from CEC systems discusses how collapsible shipping containers can be used throughout the supply chain.  We discuss the logistics issues throughout the supply chain that will be solved through reliable collapsible containers.

Imbalanced supply supply chains results in re-positioning empty shipping containers around the world.  This lead to Nicholas and his team at CEC systems to design and engineer a collapsible shipping container that is strong, reliable, easy to use and can handled and stacked like any other shipping container.  The containers are available in the market now and will continue to provide better solutions for multi-modal transport.

This podcast is brought to you by www.incodocs.com