Outcome
At the end of this program the participant should understand;
- The nature of trade: what is trade and why we need it?
- In Freight and Trade: what role does the Forwarder Play?
- Other Key parties in trade: with whom do we interact?
- Trade, Freight and Information: what is the connection?
- Trade, Freight and Communication.
- Trade, Freight and Transportation: The economies of scale
- Trade, Freight and Geography: The physical hazards of movement.
- Trade, Freight and Map Reading: How to read a map.
- Trade, Freight and Time Zones: Understanding how time zones work.
- Trade, Freight and Marine Insurance – Risk Management.
- The International Sales / Purchase Contract
- International Commercial Terms – Incoterms 2000
- Various common methods of International Banking and Payment
- How to read Ocean Transport Documents
- How to read Airfreight Transport Documents
- The Freight Forwarding process and physical movement
- How seafreight rates are calculated
- How airfreight rates are calculated
Course Schedule
- Week 1 – CD Reference A18
Introduction.
This is the first 1-hour presentation in an 11-part series covering the fundamentals of 'the freight business'. Certain of these courses are stand-alone modules drawn from other recordings, whereas others have been specifically commissioned for this series. It is recommended that the series be viewed in the sequence given below.
In addition Week 1 covers:
A Background to Trade and Freight.
How wealth is created.
The economy of scale.
Contractual Carriers v Actual Carriers
The key parties in trade
The role of Information in cargo movement
The Vocabulary of Trade
Questions & answers with the facilitator - Week 2 – CD Reference A19
Reading Maps
Understanding Time
Questions & answers with the facilitator
- Week 3 – CD Reference A21
Why Trade?
How do merchants ‘connect’ or meet in order to trade?
What is law?
What is a contract?
What does the International Sales Contract do?
What do traders ‘negotiate’ on and how (and why) do they incorporate these negotiations into their contracts?
Questions & answers with the facilitator
- Week 4 – CD Reference A01
This is a presentation covering the International Chamber of Commerce’s Incoterms 2000.
All 13 Incoterms
How Incoterms are written
How to modify an Incoterm
The advantages & disadvantages of each term
How Incoterms are structured
Common problems & solutions
Questions & answers with the facilitator
- Week 5 – CD Reference A06
The duration of Insurance cover
The Institute of Cargo Clauses and alternatives
How to calculate insurance cover
The significance of the excess in the claim process
Packing and Insurance
Container seals, marks and numbers etc
Common problems & solutions
Questions & answers with the facilitator
- Week 6 – CD Reference A22
Payment Risks
How do merchants make payments internationally?
What is a documentary credit?
What is a documentary collection?
What is an open account?
What does a confirming bank do?
How does the paperwork move in a standard documentary credit?
Questions & answers with the facilitator and hand out test
- Week 7 – CD Reference A04
How to read an Ocean Bill of Lading
How to use an Ocean Bill of Lading
The significance of the on board notation
The use of the negotiable Bill of Lading
Issues related to the control of Title in both Ocean and 'house' Bills
The General Average process
Common problems & solutions
Questions & answers with the facilitator and answer test paper
- Week 8 – CD Reference A11
How to read/complete an Airwaybill
How to calculate volumetric rates
Dog - Leg Services and rates
The 'bumping' of cargo
The distribution of the Airwaybill
The functions of the Airwaybill
Common problems & solutions
Questions & answers with the facilitator
- Week 9 – CD Reference A23
The Export Forwarder
The Import "Forwarder"
How cargo moves
The Manifest and Pre Alert Process
Co-Loading
Questions & answers with the facilitator
- Week 10 – CD Reference A24
This is a presentation explaining how seafreight rates are calculated and the variations to the basic rates.
Understanding Full Containers versus Part Loads
Uncontainerised cargo freight rates
How FCL Rates are calculated
How surcharges are generally structured
How Part Load Rates are calculated?
When to use FCL versus Groupage?
Questions & answers with the facilitator
- Week 11 – CD Reference A25
This is a presentation explaining how airfreight rates are calculated and the variations to the basic rates.
How airfreight rates are calculated
"Volumetric" Mass
Case studies in Volumetric Mass
Consolidation Rates through a Forwarder
Case studies in Consolidation Rates
Transhipment rates in airfreight
Mass and volume limits in airfreight
Using the Airwaybill to check your rates.
Questions & answers with the facilitator
90 Minute open book examination
Certificates of achievement will be issued to successful delegates who pass at the required pass mark level of 70%.
System Requirements for those who wish to load the cd’s
Windows 9X/NT/ME/200
166 Mhz Pentium or higher
32 MB Ram
CD- Rom Drive (32 X or faster)
VGA/SVGA Monitor, set to a minimum 800X600 resolution
Sound card and speakers
90 MB of disk space for installation of software and lessons.
Please remember that the courses can only be opened on a single PC or laptop, they cannot be copied, played on a network or opened on more than one PC unless additional keys are purchased.
If a delegate misses any of the live lectures for any reason they will still be able to view the lesson on their PC or Laptop.
As the course format has proven popular in the many years since its inception, booking is limited and confirmation of booking is only guaranteed on payment.
Again, we thank you for the interest shown in our services and we look forward to working with you in the near future.
Remember: Information Technology is not about the technology it is about the information.
