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What You Should Know About the DDP (Delivered Duty Paid) Incoterms Rule

DDP is one of the Incoterms rules developed by the International Chamber of Commerce and is quite widely used within international trade. DDP stands for “Delivered Duty Paid” which means that the seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import on the arriving means of transport, and ready for unloading at the named place of delivery.

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Damaged Goods? How to Make Sure Your Supplier Uses Proper Packaging

To protect goods while they are in transit, the use of proper packaging materials is a must. If not sure, communicate with the seller and logistics service provider.

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4 Tips to Manage Market Volatility and Ocean Freight Rate Fluctuation

Volatility is rapid and sometimes unpredictable, up-and-down movements of the market. In global trade and shipping, these changes occur in the form of fluctuation of available shipping capacity and price.

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Bill of Lading: Importance Of, Error Consequences, and Effective Solutions

A bill of lading is one of the most important documents in the shipping industry. The bill of lading is a legally binding document providing the driver and the carrier all the details needed to process the freight shipment and invoice it correctly.

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