Definition An Ocean Bill of Lading (OBOL) is a legal document that represents a contract between a shipper and carrier of specified goods. The document acts as a receipt for the load of cargo, and as a legal contract between the shipper and carrier for their transportation. To name this document an Ocean BOL indicates that the goods are being transported overseas. The type, quantity, condition and...
Definition What’s the difference between gross weight and chargeable weight when using airfreight? Those new to global trade and studying their first bill of lading may notice two weights for their shipment – the Gross Weight (GW) and the Chargeable Weight (CW). This applies to shipping via airfreight or ocean freight. The two represent different weights. The Difference Between Gross and Chargeabl...
Peruvian Andean civilization has been producing high-quality cotton for more than 4,500 years. The Peruvian Pima cotton blend is well-recognized as a higher-quality, finer, softer, more durable fibre. Learn about the success stories in Peru’s garment industry. Peru Cotton Production The top cotton producers in the world are China, India, the United States, Pakistan and Brazil. In 2006, the Peruvia...