Commercial Documents Required for Customs Clearance

20Cube Logistics

Every country has their own laws as outlined by the government and the shipping companies as well as freight forwarders should be aware of it and keep a tab on the new laws related to customs so as not to skip any mandatory document while in international trade. Port trust document.

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Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

The chain of custody certification offers the ability for public and private entities to chronologically document (physically or electronically) the ingredients, components and final products, their condition from production to destination as well as along the distribution lines recording any disruption in the product’s environment that could negatively influence the products quality or performance. This documentation should be precise enough to also be validated by a court.

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Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

Supply Chain Nation

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. Air and ocean freight carriers were reliant on these LSPs to provide them with a view of the market; in most cases they had no transparency into the shipper’s needs and thus were completely cordoned off from the true source of demand. A true cargo pricing bazaar was the result. Those were the good old days.

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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

By convening players, who would normally work in isolation, to participate on a collaborative platform, information and documentation can now be relayed dynamically, in real time. emails, text, physical documents) has resulted in delays and potentially inaccurate or misconstrued information.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. It knows where it’s located, that it has all shipping documents attached in virtual form on the blockchain, and when it runs into trouble can call for help.”

Incoterms 2010 the Right Way - SupplyChainOpz

Supply Chain Opz

In global supply chain , most companies try to take an advantage of low-cost country sourcing to drive material costs down. Then, incorporating the knowledge of cargo insurance into Incoterms will ensure that risk can be mitigated and trading partners can do business with confidence. You have to include a shipping document and damage report or survey port for an insurance claim adjuster as well. Then, cargo insurance company will investigate if damage is caused by a carrier.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Today, 75 to 80% of cargo arrives on time.

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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. Completed by the exporter, the bill of lading provides a list of the contents of the shipment, establishes the value of the cargo, and acts as a legally binding document through the shipping process. In Mexico, the basic Mexican import document is the pedimento de importacion.

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Guest Blog: 13 things you need to know about freight forwarding

NC State SCRC

International export and import documentation. Your freight forwarder is in charge of your precious cargo, so it’s important that you establish a good working relationship with them. You want to ensure that you choose a company that you can trust and rely on, as well as one with impeccable customer service to ensure that your cargo shipments arrive safely and on time. These extra services include warehouse storage, cargo insurance, cargo tracking and dangerous goods handling.

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Common Reasons For Shipping Setbacks: Shipper or Importer Delays

Promptus LLC

Documentation Issues Can Mean Cargo Delays Source Shipping delays are not only an inconvenience to both the shipper and recipient, but they can mean hefty fees if there are errors […] The post Common Reasons For Shipping Setbacks: Shipper or Importer Delays appeared first on Promptus, LLC.

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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Source ID. Source ID. Source ID. Source ID. Source ID. Customs and Border Protection (CBP) has implemented a new process to allow shippers to submit original vehicle export documentation electronically in lieu of delivering physical copies to their local CBP trade office. Source ID. Source ID. Source ID. Content Summary: Autonomous Boats Could Ferry Cargo in Busy Cities. Source ID. Source ID.

6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

Well, the digital supply chain is the ideal way to tap that value by digitizing documents. Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Of course, a more diverse supply chain contains this protective effect—enabling multi-sourcing capabilities for all needed resources from cargo space to drivers and beyond.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Goods in’ depots are unlikely to receive mislabelled freight, while incorrect shipping details could result in cargo ending up at the wrong delivery address. To combat the problem of missing labels and other documentation, haulers have resorted to duplicating the necessary paperwork and storing it inside the freight itself.

From Exports to Delivery: Simplifying PPE Shipping

CH Robinson Transportfolio

Over the past several months, China has been the main source for PPE. Policy 53 increases CIQ inspection on all PPE products, labels, packaging, and documentation. However, when the demand for passenger travel plummeted in the wake of the COVID-19 pandemic, a dramatic reduction in cargo capacity followed. Lastly, we understand your need to continue moving your PPE cargo as quickly and cost-effectively as possible.

World Port Community Sets Priorities

Material Handling and Logistics

The group also looked at other key port industry hot topics including container weighing standard processes, ISPS adoption, e-maritime and ship reporting, electronic FAL documentation use, CTU packing codes, safe mooring procedures and maritime signage. ICHCA - International Cargo Handling Coordination Association.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

Cerasis

Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. Automated payment processing will reduce instances of payment fraud, prevent documentation issues, and increase the accuracy and validity of all transactions, asserts Abhishek Raval of Express Computer. Reduction in costs and hassle associated with cargo insurance claims filing and processing, says CargoX Founder and CEO Stefan Kukman.

This Week in Logistics News (January 4-8, 2016)

Talking Logistics

This live and predictive analytics platform filters through news sources (including Lloyd’s Maritime, CNN, and more), blogs, social media (ex. Twitter), and natural disaster alerting sources to find and disseminate content relevant to global supply chains. The good news is that I didn’t break any bones skiing during the holiday break. The bad news is that there was virtually no snow on the mountains to go skiing. But we did go for a nice hike in search of snow clouds.

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Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment. Cargo — Product carried during transportation. Carriage — In maritime shipping, carriage refers to the movement of cargo on a vessel after loading and before unloading. Carriers pick-up cargo from these designated spaces. EDI is used to exchange documents like purchase orders and invoices.

Introducing the Freightos Marketplace

Freightos

Sources: A , B. Until today, the freight industry was reminiscent of the travel industry in the 1970s: siloed information, lack of pricing transparency, and obsolete analog documentation, resulting in importers often having to wait days for a single freight quote and overpaying by as much as 40%. Booking a flight has been electronic for 50 years, but the cargo on airplanes, trucks, and ships is still booked manually. Introducing the Freightos Marketplace.

Technology as the Catalyst for Optimising Supplier Relationships to Improve Customer Experience

EV Cargo Technology

Yet while there is a desire to build stronger, long term supplier relationships in order to improve performance and minimise supply chain complexity, rising prices in markets such as China, South East Asia and India are pushing retailers to explore new, untested sourcing locations. James Hargraves , Business Development Director (APAC) at EV Cargo Technology, explains: “Monitoring, measuring and tracking are still at the heart of optimising supplier relationships.

How We Can Leverage Blockchain to Increase Transparency in Supply Chains

EcoVadis

In their example, shipping one container of flowers from Kenya to Rotterdam involves about 200 documents, from the local mills and export authorities to the port workers, customs agents and distributors. Tracking the status of goods is still documented manually, which is expensive and inefficient, so Maersk is turning to blockchain to create an efficient digitized workflow. Outlook of the Integration of IBM Blockchain for Maersk ( source ).

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Well-documented ~ Your contingency plan is of little value unless all relevant stakeholders are trained on it and prepared to jump into action when a disruption does occur. Identifying sources of risk and developing a plan are only part of the story. What alternative plants/factories/sources of supply do they have at their disposal?

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., which in itself is a complex process.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

A key component of an ELD system is a mobile printer enabling the driver to print documents right from the truck cab in compliance with government regulations. This includes the ability to track a ship in the middle of the ocean, a pallet inside an aircraft, temperature of frozen cargo, etc. Forwarders want flexible, real-time routing and pricing from carriers, while shippers want to instantly price and book freight quotes, comparing sourcing alternatives, shipping routes and modes.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

Joseph Giranda @cfrrinkens Joseph Giranda is the Director of Commercial Relations at CFR Rinkens , a global leader in the shipping of commercial cargo, specializing in the containerized shipping of motor vehicles. Put together documentation, tutorials, workshops, etc.

Can Blockchain Really Make Supply Chains More Transparent and Ethical?

Enterra Insights

Hence, the ability to trace each product to its source (product lineage) is critical for companies. For example, Christopher Tang reports blockchain solutions are being developed for ocean cargo to help make operations more efficient.[3] Vandevelde concludes, “Transparency in our supply chains is no longer a choice but a corporate responsibility as the demand for fair trade, ethically sourced and sustainable materials continues to grow.

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A Coronavirus Supply Chain Success Story: Public-Private Team Effort to Get Logistics Tech to 1st Responders

Savi

Just as we got the air cargo carrier to guarantee us some space on a plane, the plant manufacturing those parts was put under shutdown orders. Once we shared with our manufacturing partners documentation explaining that the kits were for the DoD’s first responders. First, the assembly site – the Maryland location of First Source Electronics (FSE), a division of Commercial Vehicle Group, Inc.

The Sustainable Palm Oil Puzzle

EV Cargo Technology

The negative environmental impacts of palm oil have been well documented for over twenty years, but as more and more consumers take an increasingly conscious approach to buying, retailers are being forced to look more closely at where and how they create their products using this ingredient. Wilmar operate with some very large retailers, a lot of whom are now assessing the company to see whether or not it really can be trusted as a source of more sustainable palm oil.

AMI Selects BluJay as Strategic Partner for Supply Chain Execution Technology

BluJay Solutions

AMI anticipates that the first branches will start using the new platform in September of 2019, providing customers with the ability to request instant quotations, make online bookings, access digital track and trace, and collaborate via document exchange. AMI have strong carrier relationships, that provide their customers with a competitive and single-source of capacity for all their needs.

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

Delivery drivers upload photograph shipping documents. Information written directly into the blockchain includes items such as; the source, the supplier, the cutting and the polishing. appeared first on EV Cargo Technology. Everybody is talking about blockchain these days, some are even referring to it as the next disruptive technology that will change the retail industry. The impact of blockchain on the financial services is well known.

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6 Tips to Avoid Common Canada Cross-Border Shipping Mistakes

CH Robinson Transportfolio

Whenever possible, you can better position your freight and your business if you make time to find appropriate carriers and drivers and prepare your compliance documentation. All freight crossing the border can undergo cargo examinations. Insufficient documentation. According to the Ministry of Transportation, Ontario, port directors at all major border crossings report that 35% of drivers show up at primary inspection with insufficient documentation for a shipment.

What you should know about ASEAN Last Mile Delivery

Abivin

Source The logistics landscape also varies across ASEAN countries. Source Poor infrastructure planning and road construction have led to challenges facing logistics managers. Source 3. SpirEresearch also added that cargo tracking in rural areas of Indonesia and Malaysia has proven to be challenging due to underdeveloped telecom infrastructure. Traditional and manual documentation can now be replaced by a digital folder of all delivery details.

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This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Blockchain might not be able to solve, cure, or save everything as the hype suggests, but there are certainly applications where the business case makes more sense, such as global trade because of the many different parties, documents, regulations, and financial transactions involved. During the 12-month trial, Maersk and IBM worked with dozens of ecosystem partners to identify opportunities to prevent delays caused by documentation errors, information delays, and other impediments.

8-Step Importing Guide For First Timers

EMERGE App

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. Or you might need an interpreter if you’re sourcing from a country where English is not widely spoken. Arrange Cargo Transport. Typical Customs Documents. Introduction.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.

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