The Drip Capital Blog
Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
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![House Bill of Lading [HBL] - Format, Issuing Authority & Details](https://images.ctfassets.net/vkoe68wv76dt/5i3Y38WbMMQQrLcI6LfB5g/33183846b366a52fc341dd5d6eeaa27a/House_Bill_of_Lading___Meaning__Format___more__1___1_.png?w=264&q=65&fm=webp)
House Bill of Lading [HBL] - Format, Issuing Authority & Details
A house bill of lading (bl) is issued by an NVOCC or CHA and not by the shipping line. Find its meaning, uses in shipping and difference from a master BL
Inland Container Depot (ICD) - Meaning & The complete process
An Inland Container Depot (ICD) is a container storage facility situated in the hinterlands, away from any major port. Shipping companies use ICDs to store and move containers before and after transporting them to the seaport.
What is the difference between BAF and CAF?
BAF and CAF are two crucial charges that shipping carriers use to protect themselves against price fluctuations. These surcharges are levied on the total freight bill and play a significant role in understanding the transport’s final price.
The Different Types of Letter of Credit Used in Import-Export
There are several types of letter of credit which are used by businesses for International or Domestic trade transactions. It is important to understand these types and their purpose, to use the appropriate letter of credit for your trade transaction.
Difference between a Proforma Invoice and a Commercial invoice
One of the most important processes in invoicing is generating a pro-forma invoice and a commercial invoice. Considering the complex nature of these invoices, exporters tend to get confused between them. Read this guide to understand the difference between a pro-forma invoice and a commercial invoice and learn when to use them.
Packing List for Shipping | Defination, Sample & Example
A packing list is a document to help identify & handle export products for all parties in an export transaction. See its template, format & other details in this article
Automated Commercial Environment (ACE) | System, Application & Report
Automated Commercial Environment (ACE) enables the trade community to connect with the CBP through a convenient and centralized single window to facilitate a smooth and seamless global exchange of legitimate goods.
CBP Form 5106: Importer Identity Form Requirements & Filing
The CBP Form 5106, also known as the Importer Identity form is a document that must be submitted to the CBP before importing commercial goods into the US. This form is used to keep track of every importer's identification information.