Bill of Lading: The Importance of Proper Documentation

SupplyPike

The Bill of Lading (BOL) is a required and legal shipping document to move freight. Third, as a Title of Goods indicating the transfer of ownership of the freight to the holder of the BOL. The document will serve as evidence in claims made of missing or damaged items.

Digital Freight in 2019: The Next Chapter

Freightos

In 2019, digital freight isn’t a vision; it’s a reality. There are now literally dozens of platforms, from enterprise forwarders to top five ocean carriers, air freight carriers to online marketplaces , that prove this. So where will freight be in 2019?

What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

Cerasis

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. Freight prepaid.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

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. How To Determine Freight Class: Density Calculator & Printable Resource. Freight LTL

The 12 Most Popular Freight Blog Posts of 2014

Cerasis

We first featured the most popular manufacturing blog posts followed by the top Supply Chain blog posts, then logistics, transportation, business, 3PL, and then finally we round out our series today featuring the most popular blog posts focused on freight and freight management.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

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.

Value-adding Features of a Great Freight Rating System Within a TMS

Cerasis

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers.

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Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

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. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market.

[INFOGRAPHIC] Will APIs Replace Freight EDI? The Transportation Industry Moves Technology Forward

Cerasis

Why does Freight EDI still exist? Freight EDI is costly to set up and maintain, leads to more headcount, and frequently breaks. Now, going further, what is EDI in freight? IS Freight EDI Dead?”. Is Freight EDI Dead? Alternatives to Freight EDI.

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. State-of-the-art transportation management systems (TMS) certainly help with planning and execution, but advanced freight audit and payment processes are also vital toward obtaining complete process management results.

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Guest Viewpoint: What’s Driving Freight Costs Higher?

The Logistics of Logistics

<strong><em>If you think the price of fuel is the only element driving freight costs higher – </em><em>Think again! </em></strong> Introduction. The latest Master of Logistics 20 th Annual Study of Transportation and Trends Study reports that in 2011 the highest percent of transportation costs was ground freight at 76.1%, of which US long haul trucking holds a major position at 64.4%. Ground freight was then followed by 8.7%

Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors

Cerasis

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. If an existing shipment needs re-routing, the Cerasis Freight Desk can complete the change at your request, or you have the option of re-routing the shipment from within the Cerasis Rater. Inbound Freight Logistics

Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing. Express freight is typically handled by one company (like DHL, UPS or FedEx) that handles the entire shipment lifecycle, with shipping from door to door in under five days.

Ground services for air freight: Opportunities & obstacles in e-commerce

Quintiq

I decided to attend because one of the topics on the agenda was the impact of e-commerce on the air freight business. and freight forwarders very busy in the foreseeable future. Air freight means more than getting something from point A to point B.

Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

Shipchain

Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Scheduling Through Blockchain Increases Freight Planning and Accuracy in Recordkeeping. Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity. Freight shipped sooner for shippers and carriers. Lower freight rates charged by carriers.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry.

No Crystal Ball Required: The Future of Freight Forwarding

BluJay Solutions

Recently Kewill worked with Transport Intelligence to examine the state of the global freight forwarding industry. The resulting report, “ The Future of Logistics – What Does the Future Hold for Freight Forwarders? Lower costs by automating processes, reporting and documentation.

How to Become a Freight Forwarder

Cerasis

Cerasis is not a freight forwarder, but technically a freight broker/transportation intermediary who specializes in North American Transportation Mangement primarily for less than truckload shipping, truckload, and small package. Thinking about entering the freight movers field?

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Freight Tip: Should You Accept Damaged Freight?

Cerasis

Unfortunately, you will have times when you encounter a damaged freight delivery, and you will be faced with the choice to sign for or refuse the damaged freight. Rather than simply turning the driver away, you need to know a few things about accepting or refusing damaged freight. Accept the Damaged Freight! Do you know what happens if you accept damaged freight? Don’t Carriers Automatically File Damaged Freight Claims? Freight

The Top 5 Tips for Freight Claim Filing

LeanCor

A good place to start is with your freight claim procedures. Without getting into the more complicated details of freight claim management, here are 5 simple filing tips that you can use right away. File Your Freight Claim as Soon as Possible. The last thing that you want is for your freight claim to be denied due to time-barring. You have 9 months to file most freight claims. So cover yourself and file your freight claim as soon as you can.

Kewill Introduces SOLAS-Compliant Freight Forwarding Solution by Integrating INTTRA eVGM Service

BluJay Solutions

May 17, 2016 – Manchester, UK and Chelmsford, MA, USA – Kewill , a leading provider of innovative software for supply chain execution, is pleased to announce it has teamed with INTTRA, the world’s ocean shipping electronic marketplace, to deliver the first freight forwarding software capable of helping shippers and forwarders comply with the new SOLAS Container Weight Verification requirement set to take effect on July 1.

Cash Flow Strategies for Freight Brokers

DAT Solutions

What does that mean for freight brokers? Factoring - While there are dozens of factoring options for carriers, there are relatively few for freight brokers. In our experience, freight broker factoring is “feast or famine.” Documentation requirements.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

[INFOGRAPHIC] Mastering Carrier Invoice Freight Auditing for a Healthy Bottom Line

Cerasis

There are a lot of different components to consider when it comes to maximizing your results in transportation management as it pertains to all of the functions of involved in the pre and post activities of shipping freight. Freight Auditing Mastery Improves with Experience.

Concealed Freight Damage: NMFTA Changes Reporting Window Effective April 18, 2015

Cerasis

As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. What Causes Concealed Freight Damage or Loss During Transport? Full Concealed Freight Damage Legalese Below.

4 Sneaky Accounting Errors That Can Drive Up Your Freight Broker Bond Cost

Cerasis

Editor’s Note: This is a guest blog from Lance Surety Bond , a provider of freight broker bonds, among many others. Cerasis holds a $250,000 freight broker bond, and all 3PLs who handle transportation management must have a freight broker bond in order to do business.

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Supply Chain Collaborator

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. On the other end of the line, the exasperated head of transportation responds, “Listen, my team now spends eighty percent of each day scouring the spot market just to get all of our freight covered!

Kewill Introduces SOLAS-Compliant Freight Forwarding Solution by Integrating INTTRA eVGM Service

BluJay Solutions

May 17, 2016 – Manchester, UK and Chelmsford, MA, USA – Kewill , a leading provider of innovative software for supply chain execution, is pleased to announce it has teamed with INTTRA, the world’s ocean shipping electronic marketplace, to deliver the first freight forwarding software capable of helping shippers and forwarders comply with the new SOLAS Container Weight Verification requirement set to take effect on July 1.

What Freight Brokers Need to Know for their 2015 Bond Renewal

Cerasis

It’s that time of year again, when it’s time to talk about freight broker bond renewal. Two years ago it would’ve been a rare occurrence for most freight brokers’ deadlines to align at the same time. It upped freight brokers bond amount and set a nationwide deadline of Oct. 1 Is the freight brokers bond amount expected to go down again? Technically, you should make your bond payment no later than 30 days before your previous freight broker bond expires.

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

NC State SCRC

He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding is one of the most widely used methods of international transport for both business and personal use. Freight forwarding companies, like the International Logistics Centre, coordinate the shipment of goods from one destination to another using a range of carriers, including air freight , ocean freight , road fright and, in some cases, railway freight.

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Is The Freight Industry Ready For SOLAS?

Freightos

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight.

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

Cerasis

Managing inbound parcel freight has increased in complexity with the global rise of e-commerce. Amazon has mastered inbound parcel freight management as part of its third-party marketplace, and small and mid-sized shippers are struggling to keep up. While part of the larger scheme for global economic growth, inbound parcel freight has become a top priority for shippers. What’s Causing Problems With Inbound Parcel Freight Management?

How to Mitigate Risk of Full Truckload Shipping: Freight/Cargo Insurance!

Cerasis

Believe it or not, product in the care of a driver does not necessarily place all liability for freight in the hands of the carrier. Under federal transportation law, and the Carmack Amendments, carriers traditionally held liability for freight until delivery, with four specific exclusions, but individual contracts may make liability unclear. This includes purchasing freight or cargo insurance. Integrate cargo insurance in freight management technology.

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