Here comes one of all time debated topic, Detention Vs Demurrage charges. First, I will explain the definitions and than will move on to actual difference. Every person within shipping industry goes through this confusion at least once, “oh is it detention or demurrage charges.” While I was working in one of the 3pl, I had the same confusion, for sometime I thought both are same but different names but later one of my ocean expert team member explained it to me.
All I can say is School and job hunt is keeping me so busy, yes I have already started hunting for job, I will be graduating soon after Thanksgiving this year. Wow, just that thought makes me fell so good. I have been waiting for Spring break, to update my blog, and to say hi you all. Hope you all had a great Easter. Look forward to hearing more from me.
International Commercial Terms, (abbreviated, Incoterms ) a set of three-letter trade terms used in International trade. Basically, when you enter international trade the first barrier you face is the different culture, languages, etc.
Here comes a good news for job seekers, Obama administration releases $473 million earmark funds for infrastructure jobs, telling states to reallocate the money by the end of the year or lose it for good. This is another effort to crate more jobs and improve transportation.
Hanjin, the Korean based shipping company will resume service at the Port of Portland this Saturday.
Even though the US economy is still hasn’t completely recovered from 2008 rescission, here comes Southwest Airlines with big numbers increase in there Q2 profits.