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Currency in India: Current State of Disruption, Confusion, and Economic Slowdown

CH Robinson Transportfolio

Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. As of midnight that day, the India Rupee (INR) 500 and INR 1000—which constitute 86% of the currency in circulation in India —are no longer legal tender.

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Mexico Back in the Supply Chain Spotlight

Talking Logistics

Currency is stable and inflation is under control. . I have some opinions…I think drug cartels sell drugs, and those are the ones you’ve seen in the news battling back and forth…Cargo thieves steal cargo. carriers for $100K, $150K, $250K worth of cargo liability. Luckily for Mexico, the U.S.

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Guest Blog – How To Identify Supply Chain Barriers To Boost Efficiency?

Gravity Supply Chain

This includes everything from sourcing raw materials to ensuring that products are delivered on time and in good condition, which means short lead times, minimal customs paperwork, adequate transportation infrastructure, etc. Image source Also, numerous regulatory requirements must be met when transporting goods across borders.

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Bleak Peak 2022 Leaves Shippers Feeling Less than Thankful

Intelligent Audit

YoY Volume Lapses Worry Air Cargo Companies. A step away from a normal holiday peak season , air cargo volumes and rates have continued to fall. While demand remains high, the lack of volume points to a troubling lack of peak season increases for an air cargo industry already struggling with volatile fuel prices. Roughly 2.5%

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12 Freight Charges and Freight Fees: A Guide to Common Freight Shipping Costs, Charges, and Fees

Intelligent Audit

Cargo Insurance. Currency Adjustment Factor. One common freight fee for international shipments is there to cover losses incurred with currency changes from the place of origin to the final destination. Another fee seen with international transports, customs, and duty fees is often levied against the border loads.

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5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Talking Logistics

In light of what happened, some companies still look at carriers’ financials and try to avoid putting cargo on carriers that might be at risk. The fact remains that the cargo can still move with the carrier you are trying to avoid under a different bill of lading. Why does this matter?

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8-Step Importing Guide For First Timers

EMERGE App

Department of Transportation. Here, landed cost includes the original price of the product, transport fees, customs, duties, taxes , insurance, currency conversion and handling fees. Transportation charges. International Currencies & Taxes. Arrange Cargo Transport. Value of goods. Weight of goods.