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Gregorio Vazquez

Director Of Business Development at Drip Capital

Other Articles by Gregorio Vazquez

21 December 2022

Understanding Countertrade

Counter trade is the bilateral or reciprocal trading of goods or services internationally. This form of trading may use partial payment or not use monetary payment at all in exchange for the services or goods exported.

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05 October 2022

A Complete Guide to Determine Freight Class

Freight class is a standardized way of measuring shipments in an attempt to add uniformity to the fragmented shipping landscape.

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06 October 2022

Full Truckload Shipping - The Ultimate Guide

Full Truckload Shipping (FTL) refers to the transportation of a single type of cargo in one truck.

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Articles on Shipping Documents

05 September 2022

What is Letter of Indemnity?| Meaning, Sample, Importance & More

A letter of indemnity (LOI) is a contractual document guaranteeing that specific provisions will be met between two parties in the event of a mishap leading to financial loss or damage to goods.

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Articles on Shipping Containers

13 September 2022

TEUs [Twenty Foot Equivalent] Containers in Shipping & Logistics

Twenty-Foot Equivalent Unit (TEU) is a widely used unit of measurement in the shipping business. It is an intermodal shipping container with dimensions (L x B x H) : 20ft x 8ft x 8ft. At least 9 to 11 pallets are held by these containers subject to the type of pallets i.e., standard or EUR pallets. The capacity of 2 TEUs is equivalent to the capacity of 1 FEU.

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Articles on Logistics

04 May 2022

What’s the difference between Freight Collect and Freight Prepaid?

Freight Collect and Freight Prepaid are both export/import-related freight arrangements. Either can be used to denote the responsibility of the freight expenses of international trade.

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