Hugix Insights

In international logistics, smooth payment flow is just as important as the movement of cargo. At Hugix, we frequently collaborate with European partners, carriers, and service providers, where most transactions are processed through international bank transfers. To prevent delays, failed payments, or unnecessary fees, it’s essential to understand two key banking identifiers used widely across Europe: IBAN and SWIFT / BIC. When conducting payments with European companies, the

In today’s rapidly evolving supply chain landscape, businesses face increasing pressure to deliver faster, operate leaner, and meet customer expectations with precision. One effective way to achieve this is by understanding the different levels of logistics management—from 1PL to 5PL—and identifying which model aligns best with your operational goals. Each level represents a unique degree of outsourcing, digital integration, and strategic partnership. Let’s explore these logi

In global trade, clarity is everything. INCOTERMS — short for International Commercial Terms — define the responsibilities of buyers and sellers in international transactions. They eliminate confusion by specifying who handles shipping, insurance, customs clearance, and delivery. Below is a summary of the most commonly used INCOTERMS and how they shape international shipping responsibilities.   EXW – Ex Works   Under EXW terms, the seller’s delivery obligation is fulfilled on