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

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. emails, text, physical documents) has resulted in delays and potentially inaccurate or misconstrued information. b) Document Repository & Sharing.

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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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Are there other transportation trends to watch and why

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How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

To combat the problem here’s a way to improve freight labeling for transport and logistics management. 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.

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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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. One can imagine a world in which blockchain becomes an indispensable part of tracking and monitoring all types of containers, via multiple modes of transportation. 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.”

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

BlueYonder

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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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. Anyway, things can become very complicated if you have to deal with new suppliers, new commodities or new means of transportation. Then, incorporating the knowledge of cargo insurance into Incoterms will ensure that risk can be mitigated and trading partners can do business with confidence. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About.

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

Talking Logistics

INTTRA Collaborates with JDA Software for Streamlined Transportation Management. “Given that 90% of everything we buy is transported by ocean, it’s important that we can extend our Transportation Management capabilities to INTTRA’s platform to bolster our ocean shipping capabilities exponentially,” said Fabrizio Brasca, Vice President, Solution Strategy, Intelligent Fulfillment, JDA. .

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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.

Transparency and integrity for your supply chain

Global Trade Management

Who is responsible for the transport damage, who pays the cost of lost production? Clarify liability issues Especially with liability issues the source related documentation is crucial. The recipient of a shipment can for example demonstrate when and where in the distribution chain, the cargo has been damaged.

The Business Case for a Global TMS

3rdwave

Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. This control is done through Dashboard process management, real-time access to in-line look-ups, and direct access to underlying master data and transportation execution detail.

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. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Today, 75 to 80% of cargo arrives on time.

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

NC State SCRC

Freight forwarding is one of the most widely used methods of international transport for both business and personal use. A freight forwarder is responsible for the transportation of goods between one destination and another. They act as an intermediary between the shipper and transportation services, liaising with various carriers to negotiate on price and decide on the most economical, reliable and fastest route. International export and import documentation.

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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Source ID. Source ID. Content Summary: Personal Mover Transports Employees around BMW Plant. To eliminate some of this traveling BMW’s R&D group developed a Personal Mover solution—a one-person means of transport for covering short distances within an operating site. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Content Summary: Autonomous Boats Could Ferry Cargo in Busy Cities.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. Typically, it accounts for the planning of demand, production, distribution, and transportation. Air Freight — Transportation of products via air transportation methods. Bill of Lading (BOL) — A legally binding document between a shipper and carrier that details all the information needed to process a freight shipment.

Takeaways from TPM 2019

3rdwave

What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset. For shippers, the set of documents and data that they care about tend to be things like Purchase Orders (POs), Advanced Ship Notices (ASNs), Packing Lists, Bills of Lading (BLs), and Commercial Invoices (CIs). In fact, when each of the parties issues their documentation, it seems as though each party trusts the information contained in each shipment.

Takeaways from TPM 2019

3rdwave

What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset. For shippers, the set of documents and data that they care about tend to be things like Purchase Orders (POs), Advanced Ship Notices (ASNs), Packing Lists, Bills of Lading (BLs), and Commercial Invoices (CIs). In fact, when each of the parties issues their documentation, it seems as though each party trusts the information contained in each shipment.

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.

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

6 River Systems

trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportation costs increased by 10.4% transportation network and other logistics challenges. Synchronization and timing of transports are also essential.

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 Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

All these goods have to be transported on time from their supplier or manufacturing location — often at the other end of the world — to the stadium or the athletes’ lodgings. Multimodal transport: A multi-layered, connected carrier network is essential. To ensure efficient processes, make the best use of warehouse space, and ensure short delivery times over long transport distances, shippers and forwarders generally rely on the most cost-efficient transport mode and/or route.

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.

What you should know about ASEAN Last Mile Delivery

Abivin

Due to these diversifying characteristics, the movement of goods and services around ASEAN countries requires multi-modal transportation development. Source The logistics landscape also varies across ASEAN countries. Thailand government aims to expand on rail transport and cross-border infrastructure planning. The reason lies behind the cost of transportation by land, which constitutes 59% of all logistics costs. Source 3.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Transport network 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. With the new technology, blockchain, it is possible for purchasing agents or consumer to know from where products are procured and what it takes to transport it.

Blockchain and the Law of Unintended Consequences

Enterra Insights

” Many analysts are touting blockchain because it holds the potential to solve many challenges currently found in supply chains associated with things like fraud, visibility, and sourcing. Analysts from Winnesota Regional Transportation assert, “From dispute resolution to administrative efficiency and order tracking, blockchain has the answer to the problems that have been plaguing the transportation industry for decades.”[2]

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.

AMI Selects BluJay as Strategic Partner for Supply Chain Execution Technology

BluJay Solutions

The new platform, comprised of BluJay’s Transportation Management, Customs Management, and Control Tower applications, will replace AMI’s current operating systems. 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.

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.

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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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. Department of Transportation. 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. Transportation charges. Introduction.

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.

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. Department of Transportation. 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. Transportation charges. Introduction.

Supply Chain Best Practices: Preparing for the Worst

Elementum

Potential Sources of Disruption. Transport network 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?