Due to the novel coronavirus outbreak, China announced on Jan 27 that the Lunar New Year holiday will be extended to Feb 2 as a measure to further contain this epidemic. The end of the Lunar New Year holiday, China’s busiest travel season, was pushed back to Sunday from Thursday to “reduce mass gatherings” and […]
Let’s get Brexit done together
The situation We can now confidently predict that the UK will leave the EU on 31st January 2020 and enter the transitional period of one year. During which the UK will continue to adhere to current EU rules and standards. So, what the Prime Minister was promising to “get done” during the election campaign was […]
With the world renowned Incoterms changing from 1 January 2020, we cover everything you need to know in order to keep up to date and prepare for the coming year in logistics.
But first, here is a brief overview of what Incoterms are and why they are important. What are Incoterms? Incoterms are international rules of trade for the sale of goods set out by the International Chamber of Commerce (ICC). ‘Incoterms’ is an acronym which stands for International Commercial Terms. They hold a set of specific […]