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...

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...

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...

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...

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...

Brian from the Worldwide Supply Chain Network discusses how Global Supply Chains are being affected by Brexit, Tariff updates and trade wars.  We discuss how businesses involved in the import export process can minimize the impact these changes will have to their business. Brian discusses how tariff changes can impact supply chains and freight flows in the short term, and how these may have a more long term impact on supply chains.  We discuss the options that companies have to absorb the...

Warwick from BeefLedger explains what blockchain technology is, how it works and how blockchain solutions are being applied to real world import export shipments. Blockchain technology has the potential to revolutionize Global Trade and the import export process. Warwick discusses how blockchain technology applications are providing value for all parties along the supply chain, from shippers, freight forwarders, ports, customs, shipping lines and importers all over the world. Implementing...

Heather from Sourcing Playground explains how buyers should correctly source imported goods from online marketplaces such as Alibaba, Made-In-China, Global Sources others. Heather gives key tips on how to: Correctly give suppliers detailed product information Compare supplier's quotations and product specifications Overcome language and cultural barriers Understand if you are dealing with a factory or trading company Negotiate pricing Heather also explains how Sourcing Playground works to...

Steve from Coverfreight gives our listeners and understanding of how marine insurance works. We discuss why it's important for shippers to insure their cargo and who should cover insurance based on the IncoTerms agreed. Steve gives insight into some of the common problems and claims made when shipping goods Internationally. We give tips on how shippers should choose a marine insurance provider for their business operations.

Conor from Explorate gives an overview of how the shipping process currently works and we discuss how the industry is beginning to change through software. We give shippers tips on how to improve their supply chain and logistics withing their business using readily available software.