Shut Up & Go Trade

This Bonus track from episode 6, Tom and I discuss some of the terms used in shipping and costs associated on freight bills.detentiondwelldemurrageBAF

This episode brings back friend to the show, Tom Pampillonia of Toll Forwarding to talk about the supply chain chaos currently taking place. China, fires, hints of strikes, Ukraine/Russia situation, rates up/down/around and ships still waiting outside of ports. It's a freight geek's circus!! Whoo hoo here we go!!

After a short hiatus, your Trade Diva is back to talk about what is going on with the supply chain and global logistics industry. Freight rates, waiting times, congestion, the non-solutions being provided and a look into the Trucking Convoys taking place globally. Buckle up here we go!

Logistics and supply chains were particularly affected by the pandemic last year; a lot of the freight air capacity was lost. We've seen airlines ripping out seats on passenger flights to load cargo, especially out of China, for the PPE products. Businesses like Home Depot did particularly well since people started making home improvements, but inventory levels dropped to their lowest since 1997. The market right now is going through a process of replenishing, and it goes across all verticals, whether it is retail, automotive, aerospace, and so forth. In this episode, we chat with Tom Pampillonia, Director of Sales of the Eastern Region at Toll Global Forwarding. Tom has over 30 years of experience in the logistics business. He worked as the East Coast Director of Jet Speed Logistics USA Llc, and he was the Director of the Eastern Region at NNR Global Logistics, where he worked for 21 years. We talked about the current supply chain and logistics market situation, how deep the pandemic affected it, and its impact on small and large importers and exporters. Tom kindly explained where the difficulties of getting containers come from, the change in its pricing, and its effects on the market. He also shared how he got into logistics and predicted when we can expect the market to go back to normal. Tune in to Episode 4 of Shut Up and Go Trade and get a deeper look at how the supply chain and logistics market changed the last year and what we can expect shortly.In This Episode, You Will Learn:What are the reasons why it is so hard to get products shipped in a short time nowadays (2:38)How the pandemic affected supply chain and logistics (4:03)Why it is so hard to get containers, and why they became more expensive (7:18)Why we are paying 4 or 5 times more for a service that is 4 or 5 times worse (12:20)What Tom thinks is going to happen in the forthcoming months (22:46)Resources:Toll Group North America websiteConnect with Tom:LinkedInLet's Connect:WebsiteLinkedInFacebook Group – Shut Up (Talk It Up) & Go TradeTwitterInstagramYoutube Channel

Most business owners roll their eyes and sigh when they're offered export credit insurance; they see it as another insurance they need to write a check for. However, out of all their insurance coverages, export credit is the one they will touch the most during the year. When Eric Voegtle talks to his clients, he likes to start talking about how they cannot get paid and work backward from there. Today, I'm joined by Ralph Bocchino and Eric Voegtle, Executive Vice President at Volofin USA. We will continue our last episode's conversation about purchase order financing, extra financing, and trade financing. We will dive deep into export credit insurance from both the user and the client-side perspective. Eric kindly shared valuable insight about cancelable and non-cancelable coverage, how insurance companies evaluate our customers, and more. Tune in to Episode 3 of Shut Up and Go Trade and get a better grip of how can export credit insurance end up not only paying themselves but saving you lots of money.In This Episode, You Will Learn:A bit of Eric's background and how he helps his clients (1:53)The triggers that activate export credit insurance (5:28)How can supply chain financing or reverse factoring and purchase order financing help us (7:43)The differences between cancelable and non-cancelable coverage (17:04)How credit insurance works from the customer perspective (27:19)Resources:VoloFin websiteConnect with Eric:LinkedInLet's Connect:WebsiteLinkedInFacebook Group – Shut Up (Talk It Up) & Go TradeTwitterInstagramYoutube Channel

Welcome to Shut Up and Go Trade! My name is Laurie Ann, and I am excited to dive into the world of import and export with you. In this episode, I am joined by my good friend and mentor, Ralph Bocchino. Ralphie will be a semi-continuous guest on this podcast because of his role during my journey throughout my career. We have laughed, cried, argued, and you are sure to learn from him as well as me. In this episode, I explain how I got involved in international trading, how Ralphie and I met, and we touch on topics that will be discussed in future episodes. Get ready to learn from myself, the Trade Diva, Ralphie, and other trade experts. Tune in to Episode 1 of Shut Up and Go Trade to learn about the early days and getting started in international trading and what’s to come in upcoming episodes! In This Episode You Will Learn:How I got into the international trading career path (3:20)About the misunderstandings of international trade (8:30)The impacts of domestic economic collapse and international (13:38)The difficulties of international trading (18:00)Why I think everyone should be trading (24:45) Let’s Connect:WebsiteLinkedInFacebook Group – Shut Up (Talk It Up) & Go TradeTwitterInstagramYoutube Channel