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Eight Essential Documents That Are Key to Shipping

MTS Logistics

On the other hand, you also need to know and understand the rules and regulations of exporting and importing, and crucially, you need the proper shipping documents. However, most documentation is still handled manually in some countries. Certificate of Analysis (Certificate of Inspection). Pro Forma Invoice. Packing List.

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What is a Carnet?

MTS Logistics

A carnet is an international customs document that allows the temporary importation of goods for commercial purposes to and from a country without having to pay duties or value-added taxes on the goods. The carnet allows us to use this single document for clearing the goods through customs.

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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Mexico-Canada Agreement (USMCA), which governs $1.8 Big data sources, including bills of lading and other trade documents, are becoming increasingly crucial as proof points that sub-tier suppliers are not bad actors.

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Supply Chain Quality: A Driver for Digital Transformation

Talking Logistics

Ensuring receipt of Certificate of Analysis (CoA) and other regulatory compliance documentation has made digitization a requirement for customer service, audit management, and compliance. If a process manufacturer ships a product without the correct or missing documentation, a substantial and costly non-compliance fine is imposed.

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Why It’s Important to Have a Strong Digital Presence in Freight Forwarding

MTS Logistics

Even in the digital world, this industry still demands several printed documents for transfer between countries. The reason for this is that certain changes are nearly impossible, especially since banks and government officials are involved, and there are safety considerations, particularly in sectors like F&B.

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Navigating a U.S. Logistics World with Border Closures: Unrealistic or a Potential Reality?

MTS Logistics

All of this would require freight forwarders to rapidly adjust logistics plans, find alternative routes, manage complex documentation for new customs procedures and potentially requiring new transportation contracts.

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Navigating the Future: The Rise of Electronic Bill of Lading (eBL)

MTS Logistics

The eBL, a digital version of the traditional bill of lading, is reshaping the way businesses manage and streamline their shipping documentation. The bill of lading is a crucial document in the shipping industry, serving as a receipt of goods, a contract of carriage, and a document of title. What is a Bill of Lading (BOL)?