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What is Wharfage Charges for U.S. Shipments?
Published February 22nd, 2023 by TS Freight
As an importer and forwarder staff, trader, or a novice in the shipping and trading business in the U.S., you might have seen the term “wharfage” charge in your shipping invoices, and perhaps curious to know what it meant; maybe because you are yet to fully understand all the terminologies in the maritime sector. Sometimes, the wharfage appears sepa
What is a Container Yard (CY)?
Published February 23rd, 2023 by TS Freight
Have you ever wondered where all those shipping containers go after they're unloaded from cargo ships? What exactly is a container yard? How do they keep track of all those containers? If you're importing goods from overseas, understanding the logistics behind container yards is crucial. But don't worry, we're here to break it down for you. What is
What is TEU: Twenty-Foot Equivalent Unit
Published February 27th, 2023 by TS Freight
Have you ever heard of the term TEU and wondered what it means in the shipping industry? Do you know how container ships and ports are measured? Are you curious to learn about the importance of TEU and how it affects international logistics? What is TEU? TEU (Twenty-foot Equivalent Unit) is the standard unit of measurement used to describe the cargo
What is Container Freight Station (CFS)?
Published March 3rd, 2023 by TS Freight
Today's shipping process has been revolutionized with the help of container freight stations (CFS). This development has paved the way for a seamless network for the distribution and shipping of containers. CFS, which has become one of the most critical parts of supply chain transportation, is currently witnessing an increase in demand in both e-com
What is ISPS?
Published February 22nd, 2023 by TS Freight
As an importer, forwarding agent, or a newbie in the shipping industry, if you've been checking your freight quote or invoice and paying attention to all that it entails, you would have noticed a certain charge called ISPS charge or surcharge, and sometimes, it's just left as ISPS. This article reveals all you need to know about ISPS in plain terms,
What is Demurrage?
Published February 23rd, 2023 by TS Freight
Demurrage is a type of penalty to be paid if a container stays at a terminal longer than its free time. This fee is imposed by the shipping line for the extra use of the terminal space, container yard, and rail yard. Demurrage is part of the contract between the carriers and the clients (shipper and consignee). This contract contains the details abo
What is Detention in Shipping: What You Need to Know
Published February 23rd, 2023 by TS Freight
If you have a business that requires international shipping, you need to know certain terms, procedures, and operations of shipping. Detention is essential in shipping as it could determine how much profit you could keep in the business and the amount of loss incurred. Hence, it is necessary to understand the term detention in shipping and how to av
What is FEU: Forty-Foot Equivalent Unit
Published February 27th, 2023 by TS Freight
Are you baffled by the acronym "FEU" in international shipping? Curious about its impact on your shipping costs and overall logistics? Want to learn more about its importance in the freight industry? What is FEU? An FEU (Forty-Foot Equivalent Unit) is a standard unit of measurement in the shipping and freight industry, representing the capacity of a