Is your business Export Ready?

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Which global e-commerce marketplace offers FBA as a service?

• Walmart

• Ebay

• Amazon

• Alibaba

Answer explanation

Fulfilled by Amazon (FBA) is a service where businesses can deliver their products to Amazon warehouses and Amazon picks, packs and ships the order when end customer makes a purchase

What documents are required to import or export goods?

• Invoice, packing list, bill of lading

• Certificate of origin, customs declaration, commercial invoice

• Certificate of inspection, quality control report, cargo insurance certificate

• None of these

Answer explanation

As an exporter, you need to have commercial invoice, packing list and bill of lading ready to be able to export

If your importer says they want a hassle free shipping and does not want to take care of logistics, then which INCOTERM would suit them the best?

• CIF

• FOB

• DDP

• EXW

Answer explanation

In DDP (Delivered Duty Paid) the exporter works with a logistics partner that takes care of everything from pickup from origin warehouse to delivery at destination warehouse.

Which is the easiest way to check custom duties while importing goods into the USA?

• Check on US Govt website

• Ask broker

• Check earlier customs entry summary

• All of these

Answer explanation

Customs Duty is a very important part of any shipment

For US, you can check customs duties on USITC Website or ask your broker or check previous customs entry summary

What are the benefits of using a logistics partner for your import export needs?

• Expertise in customs regulation and documentation needs

• Access to a network of carriers and modes of shipment

• Ability to consolidate shipments to save cost

• All of these

Answer explanation

Choosing the right logistics partner is essential to carry out hassle free shipments.

Logistics partners, like Intoglo can help you with compliance & documentation, choosing the right mode of shipment and providing you with the best rates through their wide network of carriers

How do you calculate volumetric weight for air cargo?

• L(cm)*B(cm)*H(cm)/5000

• L(cm)*B(cm)*H(cm)/6000

• L(in)*B(in)*H(in)/5000

• L(in)*B(in)*H(in)/6000

Answer explanation

Air cargo volumetric weight is needed to calculate logistics cost.

For air cargo, volumetric weight is LBH/6000 in cm3

This gives you a 16% additional saving as compared to LBH/5000