International Shipping: Requirements of Documents

20Cube Logistics

In both these activities, many documents change hands forming a long chain of exchange. Documents start from the parties responsible for import and export, companies that are handling shipping and movement will look at another set of documents to move the consignment in international waters.

Digitizing Proof Of Delivery: Overcoming POD Challenges & Benefits of Document Management

Turvo

The changing face of the supply chain means more freight and shipments move and require more tracking capabilities. Traditional options for managing and documenting the process also remain stagnant. What Are the Challenges of Managing Proof of Delivery Take a moment to consider the possible challenges associated with managing freight and proof of successful delivery. All supplier shipments must be accompanied by appropriate documentation. Digitization Freight

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Bill of Lading: The Importance of Proper Documentation

SupplyPike

The Bill of Lading (BOL) is a required and legal shipping document to move freight. This traditional shipping document describes the details of the items being moved, the pickup and delivery locations, payment terms including the party responsible for payment of freight charges, accessorials, and any special instructions for the shipment. Third, as a Title of Goods indicating the transfer of ownership of the freight to the holder of the BOL.

Bill of Lading: The Importance of Proper Documentation

SupplyPike

The Bill of Lading (BOL) is a required and legal shipping document to move freight. This traditional shipping document describes the details of the items being moved, the pickup and delivery locations, payment terms including the party responsible for payment of freight charges, accessorials, and any special instructions for the shipment. Third, as a Title of Goods indicating the transfer of ownership of the freight to the holder of the BOL.

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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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. However, the interchanging use of free and freight can lead to some confusion, especially considering the terms abbreviation, FOB. Who Pays the Freight Cost for FOB? Freight prepaid.

e-Freight Solutions for Air Cargo

Descartes

Julie Calcunovitch is Vice President, Air Product Management at Descartes The highly demanding and competitive nature of the supply chain industry demands proactive collaboration amongst trading partners in the air freight community. More than ever, organizations not only need to exchange data between disparate systems in an efficient manner, but also require full visibility into each and every shipment and corresponding document.

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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.

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. The Basic Functionality of a Freight Rating System. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options.

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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. Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Understand freight classes and bands. Freight LTL

How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost. Here are 15 tips for lowering ocean freight costs.

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Is Freight Broker TMS Accurate? No. It's More a Freight Broker Operating Business Ecosystem

Turvo

Freight brokers face a perilous future of uncertain profitability. According to TruckingInfo , “gross margins and revenues were down for freight brokers in the third quarter of 2019, but cost reductions allowed brokers to stay profitable.” In response, more companies want a freight broker TMS. Describing a system of use as a freight broker TMS is not the most accurate description. Among freight brokers, gross margins fell to 16.1% Freight Broker TMS

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. Online freight booking. See the 2018 State of Online Freight Sales. Self-service support and document management. The freight forwarding industry must catch up and close the gap.

Freight Brokers Continue to Show Their Value

Logistics Trends and Insights

Definitely benefiting from a healthy economic climate; however, it was their freight brokerage divisions that really shined. In fact, freight brokerage in general continue to shine bright thanks to capacity constraints within the trucking industry. freight brokerage firm, C.H. Meanwhile, XPO Logistics’ non-asset based freight brokerage services revenue increased 17.6% As such, digital brokers have emerged such as Convoy and Uber Freight. Leading 3PLs C.H.

How Freight Billing Works

Freight Center

If you have shipped before, then you know how important it is to understand how freight billing works. Freight billing is an unavoidable part of the process for every shipper. Without the knowledge of best practices for freight billing, it can be easy for small businesses to get caught up in freight billing mayhem. Knowing how freight billing works helps avoid costly shipping mistakes and gives you more time to spend running your business.

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

How Automated LTL Freight Shipping Processes Creates Efficiencies

Cerasis

Unless you still love fax-machines and booking LTL freight the old fashion way; there are some great fast-evolving ways to utilize automated LTL freight shipping processes and simplify the process. Historically, freight organizations and shipping customers had to fax or email shipping related documentation and make endless phone calls to stay on top of their.read More. Automation Freight LTL Automated LTL Freight Shipping

Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. These forecasts can also help brokers, shippers and fleets take a lot of the guesswork out of a proposal to move freight, say, a year from now. Analytics Freight Broker

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%

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.

Tips for Optimizing Your Air Freight Shipments

20Cube Logistics

Air freight is the fastest method currently available to get your goods to their destination. This makes it necessary for companies to optimize their air freight shipments or risk logistics costs. Here are some ideas that can be implemented to optimize freight and reduce international air freight charges. There are technologies that help you generate and process all paperwork and documentation electronically including the creation of shipment labels.

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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.

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.

Traditional Vs Digital Freight Forwarders – What would you prefer?

20Cube Logistics

With all industries understanding its importance have moved ahead with digital and online platforms, the freight forwarders have also embraced the technology. Traditional freight forwarders. Digital freight forwarders. Documentation & paper work.

Guidelines for Filing Freight Claims

20Cube Logistics

This is where filing freight claims come into play. If you are frequently involved with shipping goods over long distances, you might be faced with a situation when it becomes necessary to file a freight claim.

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

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

DELMIA Quintiq

I decided to attend because one of the topics on the agenda was the impact of e-commerce on the air freight business. I will come to that subject later, because during the conference it became clear that air freight industry is having an existential crisis that is affecting the e-commerce in more than one way. and freight forwarders very busy in the foreseeable future. Air freight means more than getting something from point A to point B.

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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. Cerasis does work with many freight forwarders who import into the US and need trucks to move from the port inland. We hope this post is helpful for those looking to become a freight forwarder but also for shippers wanting to know how it works. .

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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. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

Freight Brokerage Strategy: 6 Steps to Stay Proactive With Shippers & Carriers

Turvo

The right freight brokerage strategy is continuously changing to reflect the latest advancements in technologies, service, and brand value. Freight brokers in need of a better strategy that stays proactive in managing shippers and carriers need to follow these steps. Offer the Right Price for Freight Brokerage Services Any plan for value in a freight brokerage strategy must begin with the right price.

How Shipping Software Innovation Led a Technology Company Into Freight Management!

Supply Chain Game Changer

Our CEO Kurt Johnson explains, “Our customers want one login for all logistics management, including inbound and outbound freight across parcel, LTL, FTL, ocean, and international air. You may require a spot quote for freight outside your current shipping class or lane. We are currently developing an automated truckload tracker, real-time ocean tracking, integrations into airline tracking for freight forwarders, and a carrier/driver mobile app. Subscribe Here!

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

20Cube Logistics

How will blockchain impact freight forwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. Because of the enormous benefits of blockchain, the freight forwarders like us 20Cube are busy finding ways to capitalize on this new technology to channelize profits and reinforce relationships across the supply chain. The post Blockchain in freight forwarding – Is it the next big thing?

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. 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!

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. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management. Automated Freight RFQ (Request for Quote) and Contract Management.

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? As such, the importance of technology to freight forwarders cannot be overstated. Our report looks at the challenges freight forwarders face in overcoming these deep-rooted issues. Lower costs by automating processes, reporting and documentation.

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