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As businesses grow, so do the complexities of managing freight logistics. Whether you're a small startup or an established business, choosing the right freight shipping service provider can be a game changer. A freight broker serves as the intermediary between shippers and carriers. What is a freight forwarder?
Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. This limitation confines drones to specific, smaller deliveries, whereas autonomous vehicles are suited to freight. This approach also aligns drone usage with regulatory and logistical constraints in urban areas.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Cross-border compliance Cross-border shipping comes with its own complex ecosystem of customs regulations, trade documentation and security programs like the Customs-Trade Partnership Against Terrorism (C-TPAT). They should serve as fully integrated nodes within a cohesive supply chain network. They’re absolute necessities.
One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Freight on board, also known as free on board, refers to a set of Incoterms that govern who owns and pays for a shipment when traveling overseas. Who Pays the Freight Cost for FOB? Freight prepaid.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai About Raft Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era.
It's rapidly gaining popularity in the freight shipping world as businesses look to cut costs and streamline their logistics operations. Whether you're fulfilling large freight shipments or smaller orders, blind shipping offers several key advantages that can enhance your logistics strategy and drive your business forward.
Well, ocean freight makes that possible. That’s ocean freight in action. When you’re working with ocean freight, you’ve basically got two main ways to ship your goods. From a supply chain perspective, the documentation side can be arduos. Think about it this way – that coffee you’re drinking?
Established in 2021 in the UK, Pledge brings accessibility and transparency to freight emissions measurement and reporting, empowering businesses to confidently measure, manage and help reduce their carbon footprint. truck, rail, barges), and sea. blueyonder.com Blue Yonder is a trademark or registered trademark of Blue Yonder Group, Inc.
AI in Logistics: Optimizing Routing, Freight, and Carrier Coordination Among the most data-rich areas of the supply chain, logistics operations stand to gain significantly from AI in supply chain automation. AI systems help logistics teams manage fleet routing, freight planning, and vendor performance with greater precision.
API Exposure and Integration Security Modern logistics depends heavily on APIs, for shipment booking, status updates, customs clearance, and document exchange. The data is used not only for response but for audit and documentation purposes in the event of spoilage claims or carrier disputes. OAuth2), and throttling.
Rethinking the Freight RFP Process. Once a year, shippers and carriers begin the arduous freight RFP process, when shippers send out request for pricing (or proposal) for contract rates to their list of trucking companies. It is why many companies are rethinking the freight RFP process.
In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Download Here.
Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?
Freight shipping isn't just about moving goods — it's also about managing the right paperwork. Each mode of freight transportation comes with its own set of required documents, many of which are legally binding. You'll need to include the freight class, NMFC code , dimensions, weight and a detailed description of the goods.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
If your business ships freight , you never want to hear the words "cargo" and "theft" in the same sentence. Let's take a look at the most common freight theft methods and go through the specific steps you should take if your shipments are stolen. Cargo thieves may even use force or deception to access and steal the freight.
In an industry where phone calls remain the dominant channel for booking freight, WireBee has emerged as a pioneer in protecting brokers from increasingly sophisticated fraud attempts. WireBee aims to combat several prevalent types of freight fraud that are both common and costly.
For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.
Freight Forwarding Basics with Miles Varghese. Miles Varghese and Joe Lynch review and discuss freight forwarding basics. A freight forwarder is an agent in the supply chain whose objective is to organize a shipment, acting as the intermediary between the exporter or importer and transportation companies. About Miles Varghese.
However, to ensure smooth execution, it's crucial that the handling of sensitive information (like labels and documentation) is managed properly. GlobalTranz has more than 30 years of success in the logistics industry and helps thousands of freight shippers of all sizes move products with great efficiency.
The Freight Fraud Crisis The trucking industry is grappling with a surge in freight fraud, leaving carriers, brokers, and shippers vulnerable to sophisticated scams like identity theft and unauthorized double brokering. These schemes disrupt supply chains, undermine trust, and cause significant financial and logistical challenges.
The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? This document described how the costs were to be distributed in the model.
However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Indeed, over the past couple of years, online platforms have introduced ocean freight services that target SMBs. Monitor shipments from factory pickup to delivery.
Bill has experience working on the carrier, shipper, and broker side, as well as in 3PL and freight software, giving him 360-degrees of visibility of the marketplace. Transflo links the entire supply chain together in one digital ecosystem, creating visibility, security, and customization for every freight professional.
Understanding how shipments are classified for less-than-truckload (LTL) freight is critical to getting accurate quotes and avoiding billing issues. What Is Freight Class? Freight class is a standardized system used to categorize less-than-truckload (LTL) shipments. 12 but less than 15 85 15 but less than 22.5
The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.
Reduce confusion over bookings, pickups, and deliveries by sharing critical documents within an overarching TMS platform. With the GlobalTranz TMS , you can ship, track, and manage your entire freight network, including your reverse logistics needs, with one platform, from any device.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.
The FreightWaves FreightTech 100 awards honor companies that have demonstrated prowess in business over the past year and established innovation and disruption in the freight industry. Create, track and share shipment documents, boosting visibility along the way. What Are the FreightTech 100 Awards?
In an industry where carrier identity theft and double brokering schemes cost hundreds of millions annually, Descartes has emerged as a frontline defender against fraud in freight transportation. Descartes highlights that “the integration of real-time freight visibility with identity verification is a game-changer.”
AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. This is why it’s important to map out your entire freight operation. What is Supply Chain Efficiency?
Exchanging documents electronically improves transaction speed and visibility while decreasing the amount of money you spend on manual processes. Quick processing of accurate business documents leads to less re-working of orders, fewer stock outs and fewer cancelled orders. for an order processed using EDI.
How a 3PL Can Help: A 3PL should be well-versed in customs procedures and can assist with ensuring that all necessary documentation — such as commercial invoices, certificates of origin and packing lists — are accurately completed.
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. Enter Overhaul’s FraudWatch , a winner of the 2025 FreightWaves Fraud Fighter Awards, which has revolutionized the approach to freight security.
Carriers are generally optimistic about load volume, but access to well-paying freight and increased operational costs remain at the forefront of their concerns. Visibility solutions, digital freight marketplaces, and real-time tracking are among the most sought-after innovations, while many businesses remain cautious of AI-driven automation.
to discuss the evolving landscape of cargo theft that continues to plague the freight industry. Strategic theft,” which involves deception and trickery to gain possession of freight, has skyrocketed by 1,475% between Q1 2022 and Q4 2024, according to CargoNet data. The scammer couldn’t answer.
FourKites , a global leader in real-time supply chain visibility, recently launched its Dynamic Ocean SM platform for visibility, rate, and documentation management. The platform also takes into consideration questions such as, “If I use a freight forwarder, is it still my shipment or is it under a different contract?”
While the LTL freight industry market conditions change for a variety of reasons, here are three of the top factors that will be part of the day-to-day reality of LTL freight and some of the strategies that can help shippers navigate rising costs and complexity in the supply chain. Classify freight correctly. Consolidation.
What’s more, the cost of not complying with regulations and documentation requirements can be significant – you may face fines and non-monetary penalties that have serious consequences. Commercial Invoice – An IOR agent can help you to ensure an accurate valuation of your goods and to prepare your Cost, insurance, and freight (CIF) documents.
This includes resolving issues autonomously, calling carriers, rerouting freight, and executing bookings. Document Management aims to enable more collaboration with carriers and suppliers when shipment-related documents like BOLs and PODs are digitized and centralized.
Corey spent over a decade at STG Logistics, the nation’s leader in containerized freight, and XPO Logistics, where he built operational, financial, and back-office solutions to help companies and users across the globe.
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