by logisticsplus | Mar 14, 2016 | News
Representatives from Logistics Plus are joining fellow freight forwarders from around the globe at the industry’s largest and most important business conference of the year — the 2016 WCA Worldwide Conference in Abu Dhabi, UAE. Abu Dhabi is at the heart of the fastest growing logistics region in the world. It is a modern and exciting city and has gained a worldwide reputation as a vibrant and secure destination for both business and tourism.
Representing Logistics Plus at the event are Francisco Tijerina (director/LP Mexico), Jose Francisco Garza (managing director/LP Mexico), and Gabriela Garza (business development/LP Mexico). Francisco, Gabriela, and Jose (shown left-to-right in the photo) have been meeting with delegates from different countries to develop relationships, secure new trade lanes, and provide information on Logistics Plus global solutions.
The WCA event is expected have over 2,500 freight forwarding executives gathered for 3 days of intensive one-on-one business meetings and a wide range of social networking events. Acknowledged globally as the most important conference of its kind, the 8th WCA Worldwide Conference is being held from 12-16 March at the state-of-the-art Abu Dhabi National Exhibitions Company – and combines all four of WCA’s general networks within one major event. The conference is an integral part of the WCA Conference Week and is a must for all members of the WCA.
Click the image below to learn more about Logistics Plus freight forwarding expertise.
by logisticsplus | Mar 11, 2016 | News
Nǐ xūyào fānyì yīmén wàiyǔ?
Tapā’īṁ vidēśī bhāṣā anuvāda garna āvaśyaka cha?
¿Necesita traducir un idioma extranjero?
Do you need to translate a foreign language?
If you need help with in-person, on the phone, or document translations services, then you need Logistics Plus Linguistic Solutions (LPLS). In addition, LPLS can assist with multi-cultural marketing and advertising—including website, software and multi-media presentations.
LPLS provides the following services:
Interpretation
LPLS provides consecutive or simultaneous services in person or over the phone and can accommodate any event from business meetings and seminars to field operations in remote locations.
Management Training Needs Assessment & Consulting
LPLS specializes in assisting multi-national customers with international teams all over the world. They help you directly address cultural issues and help you develop the competence you need to be more effective when working across cultures.
Document Translation
LPLS offer fast and accurate translation of any and all types of documents (medical records, business proposals, legal correspondence, technical manuals, brochures, immigration or tax records and more). They can scale their services to meet your demands and budget.
Website and Software Localization Multimedia Production
As technology evolves so do LPLS – its staff is technologically savvy and stands ready to assist you in translating your digital needs to match those of any country in which you aim to integrate this technology.
LPLS is comprised of a group of language, logistics, and military veterans who are experienced in the fields of language services and training, recruiting, intelligence, security, logistics, information technology, government relations and military operations. With this extensive background, LPLS is the ideal partner when it comes to translation and interpretation services and gives clients a competitive advantage in conducting business internationally. To learn more, you can download the PDF shown below, or you can visit their website at http://www.lplinguisticsolutions.com/
by logisticsplus | Mar 10, 2016 | News
Import and export financing is much different, for example, than commercial lending, mortgage lending or insurance. There is a longer order-to-delivery cycle on products that are sold and shipped overseas, therefore, it takes longer to get paid. Extra time and energy are required to make sure that buyers are reliable and creditworthy. Careful financial management can mean the difference between profit and loss on each transaction.
All sellers want to get paid as quickly as possible, while buyers usually prefer to delay payment, at least until they have received and resold the goods. This is true in domestic as well as international markets. Increasing globalization has created intense competition for imports and exports. Importers and exporters are looking for any competitive advantage that would help them to increase their sales. Flexible payment terms has become a fundamental part of any sales package.
- Selling on open account, which may be best from a sales standpoint, places all of the risk with the seller. The seller ships and turns over title of the product on a promise to pay from the buyer.
- Cash-in-advance terms place all of the risk with the buyer as they send payment on a commitment that the product will be shipped on time and it will work as promised.
To address these trade financing risks, there are two broad categories of trade finance:
- Pre-shipment financing to produce or purchase the material and labor necessary to fulfill the sales order.
- Post-shipment financing to generate immediate cash while offering payment terms to buyers.
Here are some additional thoughts to consider:
Financing can make the sale. Favorable payment terms make a product more competitive. If the competition offers better terms and has a similar product, a sale can be lost. In other cases, the exporter may need financing to produce the goods or to finance other aspects of a sale, such as promotion and selling costs, engineering modifications and shipping costs. Various financing sources are available to exporters, depending on the specifics of the transaction and the exporter’s overall financing needs.
Financing costs will vary. The costs of borrowing, including interest rates, insurance and fees will vary. The total cost and its effect on the price of the product and profit from the transaction should be well understood before a pro forma invoice is submitted to the buyer.
Financing costs increase with the length of terms. Different methods of financing are available for short, medium, and long terms. Exporters need to be fully aware of financing limitations so that they secure the right solution with the most favorable terms for seller and buyer.
The greater the risks, the greater the cost. The creditworthiness of the buyer directly affects the probability of payment to an exporter, but it is not the only factor of concern to a potential lender. The political and economic stability of the buyer’s country are taken into consideration.
So where can you turn for import and export financing solutions that help address these concerns?
Logistics Plus (LP), in strategic partnership with WorldBusiness Capital Inc. (WBC), provides a complete, logistics and financing solution for both U.S. and foreign companies. WBC is a commercial finance company that offers flexible term loans helping small and midsize businesses compete in the global marketplace. Our motto is “financing business across borders,” and the programs available include all of the following:
- Emerging Market Projects. Term loans for businesses and projects throughout Latin America, Asia, E. Europe, and Africa.
- U.S. Equipment Exports. Term loans for overseas buyers of new U.S.-made equipment, technology, and services.
- U.S. Trade Capacity Expansion. Term loans for U.S.-based commercial and industrial projects boosting trade competitiveness.
- Foreign Investment in U.S. Term loans for acquisitions, operations, joint ventures, and distribution in the U.S.
- Foreign Sales to U.S. Term loans for U.S. purchases of new foreign-made equipment, technology, and services – with specialized solutions for India-U.S., Mexico-U.S., and Turkey-U.S. transactions.
by logisticsplus | Mar 7, 2016 | Testimonials
I have to sing praises for Valerie (Corrales) this morning. We are located in (Ohio) and per the customer’s direction, we used Logistics Plus to pick up and deliver 2 boxes to a customer in Australia. I wanted someone at your company to know that she provided constant updates as to where these packages were, any kinds of delays, etc. and I received an e-mail from her Friday advising that all boxes had been delivered (one was delayed). This was wonderful customer service and the fact that she constantly was updating me, really provided comfort in the fact that she was following this shipment until it reached destination. I do all the shipments here at our office and she’s the only one that has gone out of their way, with any carrier I’ve worked with, to make this a ‘worry free’ delivery because she had it on her radar and always, always communicated with me until it reached destination. Kudos to her and I hope all your employees are like that. Could you pass this on the proper people so they know how outstanding she is? Thank you! I’ve also notified our account in Australia how great she’s been, so they know they’ve chosen the right carrier with Logistics Plus! Thank you so much!
Anonymous, Midwest Manufacturing Company
by logisticsplus | Feb 26, 2016 | News
Ending multiple sclerosis for good will take all of us. It’s why Walk MS matters so much. And it’s why you matter so much. And it’s why many Logistics Plus employees on the “LPI vs MS Team” will once again be participating in the event. To donate or to join the team, contact Kathy Fiedler at 814.461.7607 or kathy.fiedler@logisticsplus.com
Walk MS helps us team up with friends, loved ones and co-workers to change the world for everyone affected by MS. Together, we become a powerful force. And with every step we take, every dollar we raise…we’re that much closer. Together, we will end MS forever. Click the advertisement below for more details on this year’s event.
Date: April 30, 2016
Location: Presque Isle State Park, Cookhouse Pavilion, Erie
Map: https://goo.gl/maps/LX2E6
Time: 10 am Registration; 11 am Walk Starts!
Contact Information: Colleen Szymczak-Gross
Email: Colleen.Szymczak@nmss.org
Phone: 1 800-344-4867
