RyLEY FORWARDING

established 1947

RESOURCES

helpful resources to assist you in developing
an understanding of the freight industry

INCOTERMS

INCOTERMS

Incoterms (International Commercial Terms) are pre-defined trade codes compiled by the International Chamber of Commerce (ICC), often used as a basis for sales contracts. Consisting of eleven terms (4 of which specifically focus upon shipments made via sea), Incoterms determine the costs and responsibilities for both the buyer and seller when conducting  international trade transactions globally.
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SOLAS VGM

SOLAS VGM (Verified Gross Mass) regulation was introduced by the IMO (International Maritime Association) in response to the number of containers presented for international shipping, for which the weight was misdeclared. As a result of the regulation, all shippers are required to provide the container’s gross verified weight to the ocean carrier and port terminal representative prior to it being loaded onto a ship.
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INDUSTRY NEWS

Helping you to develop a more in-depth understanding of freight and logistics in general, as well highlighting trends across the industry, our news section will provide you with all the information you require to assist in developing and expanding your business on the international stage.
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