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

Talking Logistics

Assuming current trends hold, and NAFTA remains largely intact, here are five things to consider when managing cross-border logistics between the United States and Mexico: 1. Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico For example, a U.S. Bills of lading for U.S.

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The Facts of Freight Claims Management in Logistics

Intelligent Audit

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. It would follow that an increase in packages and parcels will increase freight damage. dollars in 2021.

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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. 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. c) Digital Freight Forwarders.

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

At SAP their solution is developed by their governance risk and compliance team. Global trade services is one of 4 pillars of GRC at SAP, the others being enterprise risk and compliance, identity and access governance, and cybersecurity. There can be big fines for noncompliance with trade regulations. For example, the U.S.

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The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

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De Minimis Value: Your Essential Guide to International Trade Regulations

ShipBob

However, apart from the value thresholds, businesses must be aware that products regulated by certain government agencies impose restrictions to the de minimis rule. Leverage technology: Use technology to streamline your logistics and stay compliant. Accurate valuation: Ensure the accurate valuation of shipments.

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

GlobalTranz

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.

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