Blog

What is Ex Works (EXW) in Trade?

EXW (or Ex Works) represents the minimum obligation for the seller. Its only obligation is to make the goods packaged for export available to the buyer (usually at the seller’s premises) and to provide a commercial invoice. It is therefore the buyer who will bear all the costs and risks associated with the delivery of[...]
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Blog

What Is Drayage Charge in Trade?

Drayage charge is a term that often evokes confused looks from people in the field of logistics. Indeed, it is often replaced by words such as inland freight, inland transport, etc. by users. So let’s see what drayage is in the field of shipping. What is Drayage and Drayage Fee? Drayage is an important step[...]
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News

Turkey Monetized $2.75 Billion From Automotive Sector

Uludağ Automotive Industry Exporters’ Association (OİB) announced the export figures of the automotive industry. September exports increased by 12% compared to the same month of the previous year. It reached 2 billion 753 million dollars. Compared to August, this increase is pleasing. The industry, which contributes 13.9 percent of Turkey’s exports, kept its second-place ranking.[...]
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Blog

Land Freight vs Sea Freight

Local and international logistics are constantly evolving. Transportation modes are critical for the transport of goods between two places. If a product needs to be delivered to a country, there are several choices available, including sea, air, and land transportation. Land freight and sea freight are two of the most common transportation methods. What are[...]
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