Understanding Incoterms: Are they legally binding?

In the realm of international trade, precise and standardised communication is vital to ensure smooth transactions and avoid misunderstandings between parties involved. One essential tool in achieving this clarity is the use of International...

HS Codes FAQs: Everything You Need to Know

Anyone involved in international trade has come across the term “HS Code”. Now whether you are an experienced shipper or taking your first international step, the classification of your goods is something you can’t afford to get wrong. HS codes,...

How the UK can reach £1 trillion in exports by 2030

In the face of modern global economic challenges and opportunities, the UK government is attempting to drive transformative growth in service and goods exports. Their 2021 export strategy contained an ambitious goal to achieve £1 trillion in exports...

Export your way out of a recession.

No matter where you sit on the political spectrum, it is undeniable that the UK economy is facing turbulent times. If the various news headlines and forecasts are to be believed, the UK is expected to spend a large portion of 2023 in an economic...

Exporting from the UK to USA: Cost Breakdown

As one of the largest export markets for the UK, the US is an exciting opportunity for businesses. The United Nations COMTRADE database valued the trade lane at nearly $57bn in 2021, and that’s with the unprecedented disruption caused by COVID-19....

10 tips for exporting product out of the UK

Exporting product out of the United Kingdom is a time consuming and logistically challenging process. There are plenty of places to become unstuck and encounter extra charges which impact your bottom line. Taking time to consider your options and...

IATA's Dangerous Goods Regulation (DGR) Explained

Dangerous goods are defined as goods which are capable of causing harm to the health and safety of their environment when shipped. Shipping dangerous or hazardous goods by air has extra challenges. But its speed can open up exciting and profitable...

Seven Advantages of Air Freight | WTA

Every year, two-three per cent of the total cargo volume is delivered by air. While this may seem like a small percentage, it represents 35% of the total cargo value. Air freight is a vital part of global supply chains. Consumer expectations for...
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Scott Wallis Heads up the research team at WTA. He ensures our research, analysis, news, commentary and podcasts are aligned to the needs of our customers. Have any questions?