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An INCOTERM a day helps keep the confusion away – FOB

What are Incoterms?Before explaining each individual Incoterm, we first need to get to grips with what Incoterms actually are. Simply put, ‘Incoterms’ are International Commercial Terms, 11 rules for the purpose of making who is responsible for what during an international transaction crystal clear. Accepted globally and becoming a requirement in international trade, they take…

An INCOTERM a day helps keep the confusion away – FAS

What are Incoterms?Before explaining each individual Incoterm, we first need to get to grips with what Incoterms actually are. Simply put, ‘Incoterms’ are International Commercial Terms, 11 rules for the purpose of making who is responsible for what during an international transaction crystal clear. Accepted globally and becoming a requirement in international trade, they take…

Valencian Fallas, Food and Freight Forwarding

This past weekend saw a celebration and a half for those deeply involved in freight industry, from shippers through hauliers to forwarders like ourselves. As an ongoing yearly tradition, Banks & Lloyd, as always, was sure to join in. Along with all our Valencian colleagues and peers within the industry, we all took part in…