The three most recognized courier companies in the world are FedEx, DHL and UPS, with the combined market share of over 90% from the entire global courier services market. Smaller competitors are Aramex and TNT.
The main difference between courier companies and forwarding companies is their specialization. Couriers specialize in transporting small cargoes by air (usually up to 45-50 kg) compared to freight forwarders that specialize in heavy and volumetric cargoes by air, land & sea.
Online commerce is digital commercial method for selling and buying products using the Internet. In the logistical context, the intention is for small and large businesses alike who are starting to sell their goods online. By operating digitally, a lot of benefits that ordinary physical business does not have present themselves.
The main ones are huge savings in fixed expenses (no physical store needed / fewer employees required) and much greater market exposure.
Shipping cargo by air is a fast and effective method for businesses which are required to supply products to international customers on tight schedules.
The main disadvantage of air shipping is that the price is usually higher in comparison to ocean shipping. TCS supplies its customers with various way of lowering the air freight costs and in parallel to provide support and real time tracking until final delivery at destination. Each shipment gets the most utter attention to all details, exactly as required.
The abbreviation for dangerous goods in the industry is “DG” or “DGR”. Some of the more complicated shipments require special permits from various government authorities domestically & globally. A good example for a special permit is when a customer needs to ship LI-ION batteries prototypes by air. This means the batteries have not passed the final UN testing, so a very special handling is needed in order to receive permission to fly them out.
Sea freight is the most common method of international cargo transportation. The shipping time is longer than shipping by air, but the prices are significantly lower. That’s the main reason why 85 to 90 percent from the total global trade takes place by sea.
There are two common policies in common use in most of the times. The first kind is a “Voyage policy” – this is a policy that’s being issued for a single shipment, and for a duration known in advance. You could call it a “one-time” policy as its used by people who rarely deal with import / export. Or companies who plan to import as a single event. The second kind of policy is called an “Open policy “. It’s being used by companies who have at least a few shipments in a year.
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