Two often-used shipping terms related to multinational firms’ export and import trade are FCL and LCL. The definitions of these phrases and the advantages of each form of shipment are provided below. What does the shipping term FCL mean? Full Container Load is referred to in maritime parlance as FCL. This indicates that a shipment […]
Depending on the country, there may be differences in customs fees, requirements for clearing customs, and the precise procedure for clearing the goods. Companies might not be able to be aware of how customs clearance works in various regions. Making extra efforts to stay up to date with the most recent rules might not be […]
UK has left the European Union officially. With Brexit setting in motion, from January 4, 2021, all the shipments in both directions will have to go through customs mediation. With Brexit, countries in Europe will be subjected to customs and duty fees, unlike before. Now, goods shipped between EU countries, UK mainland and Northern Ireland […]