Frequently Asked Questions
Global Trade Data
To help organizations in the mission to enhance their supply chain resilience, here is a compilation of frequently asked questions about global trade data.
Frequently Asked Questions – International Trade
The following is a list of questions we frequently hear from companies involved in international trade, and which are looking to strengthen the resilience of their supply chains as well as their competitive edge.
The Basics
What is an HTS Code?
What is a Bill of Lading and what data does it contain?
What is a TEU in shipping?
In the logistics world, TEU is an acronym that stands for twenty-foot equivalent unit that describes a multimodal shipping container whose dimensions are 20 feet long, eight feet wide and eight feet tall. One TEU can generally accommodate between nine and 11 pallets.
What is supply chain resilience?
Supply chain resilience is a term that describes the capacity of a supply chain to 1) withstand shocks that include pandemics, armed conflicts and natural disasters; and 2) its ability to recover from these disruptions. Shocks can also be related to business challenges such as changes in consumer buying behavior, unanticipated competitive pressures, and emerging market trends.
Practical Tips and Techniques
How do you conduct a Bill of Lading search by company?
How to get leads from global trade data?
What is the source of Descartes Datamyne’s U.S. and international trade data, and how often this and the global trade database are updated?
U.S. shipment data is gathered from the Automated Manifest System (AMS), customs declarations and import-export customs statistics. Our international trade data is based on authorized government sources from each reporting country.
What is the difference between your “Cargoes” and “Markets” data?
“Cargos” is based on our Bill of Lading data, which provides shipment information, such as importer, shipper, notify party, and commodity description. These details allow organizations to track specific cargos.
Is Master or House BOL data more useful in my analysis?
The “House” bill of lading is issued to the shipper by the NVOCC/freight forwarder, whereas the “Master” bill of lading is issued to the NVOCC/freight forwarder by the shipping line (carrier).
Why (and how) does Datamyne “unify” names of parties to the trade?
How do I calculate landed costs?
What is the importance to denied party screening?
After an organization identifies a new supplier or buyer and confirms the business viability through landed cost calculations as part of the process to enhance supply chain resilience, the next step is denied party screening.
Use Descartes Datamyne for International Market Research
Doing international market research can be complex and time-consuming. Find out how we can help you. Our customers choose us, because we deliver the best value in global trade intelligence.
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