When people say, “Incoterms are simple, pick one and use it in all your contracts,” it should be clear they really don’t understand them, and can’t use them to the advantage of their company.
DP World and Los Angeles-based Virgin Hyperloop One this week launched their partnership, DP World Cargospeed — a venture intended to spearhead the development of hyperloop technology in the Middle East for the transportation of cargo.
Hyperloop Transportation Technologies, an independent company working to build the high-speed transportation system first envisioned by Elon Musk, has announced the beginning of construction on a test track in Toulouse, France.
Companies that ship and handle goods moving through supply chains have a problem: they don’t often know where their shipments are in far-flung freight networks or when they will arrive.