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. As a result, the modern, collaborative logistics supply chain network needs an infusion of information on digitizing the POD, or proof of 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. The shipper, carrier, or even a third party logistics company (3PL) can generate a BOL and issue to the shipper.

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. The shipper, carrier, or even a third party logistics company (3PL) can generate a BOL and issue to the shipper.

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

Cerasis

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Unfortunately, the traditional logistics of sending out paper guides and even keeping updated online versions has grown complex and difficult to control. Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Inbound Freight Logistics

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.

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

Shipchain

While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and your organization. Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Freight shipped sooner for shippers and carriers.

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. In part, we do it to gain business, build our SEO equity, and show our thought leadership and expertise in transportation management and logistics. Freight freight

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

Cerasis

The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. 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.

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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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

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. 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.

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. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. 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. Four Core Themes Shaping Logistics.

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

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Let’s base our discussion on online trucking logistics and mobile applications that can be used in supply chain management on a global basis by the logistic professional to control their business. Top 8 Online Logistics Tools For Logistics Professionals. The Logistics mobile app.

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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

Transportation Logistics

LeanCor

6 Solutions for Your International Transportation Logistics Challenges. Other challenges in international transportation logistics can include supply chain velocity, variability, visibility, and complexities in documentation and diverse requirements. Thought leadership and a custom approach to international transportation logistics can help companies overcome these challenges. Consolidating freight volume will increase delivery frequency while reducing costs.

Transport Management System: Making your Logistics Supply Chain Successful

20Cube Logistics

With the constant technology evolution, the supply chain logistics is being introduced to a new and innovative way of shipping consignments. Saves time and money : TMS helps to reduce the amount of time and money spent on shipping and logistics services.

Freight Brokers Continue to Show Their Value

Logistics Trends and Insights

Robinson and XPO Logistics recently announced good overall third quarter growth. 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%

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.

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%

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

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.

How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes. From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way. The logistics sector in India is worth $130 million and the number is gradually increasing with a passing day. Right after first party logistics, came second and third party logistics.

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Inbound Logistics

LeanCor

Planning a Lean Inbound Logistics Strategy. At LeanCor, we refer to our inbound logistics solutions as lean logistics engineering. The lean logistics engineering process incorporates several complex factors including volume fluctuations, sourcing changes, and lead, window, and service times to determine transportation modes, sourcing locations, freight consolidation, trailer loads, route combinations, and freight sequences.

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

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. These days, technology is capable of a great many things, especially in the logistics industry. Verify the Documentation.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. So, with darts in hand, here are my supply chain and logistics predictions for 2016: The Transportation Management System (TMS) market will become more barbell-shaped as Software-as-a-Self-Service solutions emerge. The Case for Competing on Logistics Talent.

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 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.

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Guidelines for Filing Freight Claims

20Cube Logistics

When a large number of consignments are being transported over a significantly long distance via Logistics Company in India to international destination by sea etc. This is where filing freight claims come into play.

Logistics Trends Part 1

BluJay Solutions

In many respects the international freight forwarding sector has changed very little over the past few decades. A freight forwarder’s role is to facilitate the movement of goods around the world, acting on behalf of importers and exporters. In addition to dealing with Customs organizations, preparing documentation and finding the best, cheapest or quickest routes, a forwarder also buys and sells space on board ships or airplanes. Introduction.

The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. The path to increased operational efficiency and customer satisfaction lies in the digitalization of logistics workflows. Route & freight cost optimization.

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

20Cube Logistics

This is where Blockchain is ready to transform the way the supply chain and logistics industry works. 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. 20Cube Logistics is a global freight forwarding, Customs clearance, and warehousing service provider. The post Blockchain in freight forwarding – Is it the next big thing?

5 Skills Needed for Radical Supply Chain and Logistics Collaboration

Cerasis

Those in the supply chain and logistics management industry have been talking a great deal about collaboration in dealing with our business partners. You have to work together in the spirit of cooperation and harmony to obtain the best results with your partnerships, be it with a logistics provider, supplier, transportation or warehousing partner. Are you "Radical" Enough to Make Supply Chain and Logistics Collaboration Work?