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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. million per event.

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Debunking the Top 10 Data Myths in Field Service: Why Your Data Strategy Matters

WorkWave

Myth 4: Historical Data Is More Valuable Than Real-Time Insights While historical analysis certainly has value, over-reliance on backward-looking metrics creates blind spots to current conditions. The most effective approach combines historical trend analysis with real-time monitoring to gain both perspective and immediacy.

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How Changing Climate Conditions Affect Project Cargo Transportation and What to Do About It

MTS Logistics

But, keep in mind it is documented that most of our infrastructure was built using the temperature records from the mid-20th century. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys. Of course, this is not the world we are in today.

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How Freight Forwarders Benefit Businesses and Personal Shippers

ShipLilly

For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freight forwarding.”

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Power of Forecasting

20Cube Logistics

Data analysis renders greatest of help in taking key decisions which are based on facts and trends. Businesses must have a few solid key performance indicators (KPIs) that act as their short and long term objective and utilize data analysis to align themselves to those goals. The fundamentals of data analysis lie in data.

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Today’s Freight Transportation Market: Answers to 9 Common Questions

CH Robinson Logistics

Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. This has decreased to 2.5%, which includes ships out of service for compulsory surveys or repairs. During our Q3 Market Insights Live! webinar, C.H.

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AI in Supply Chains: People Will Always Be Needed

Trinity Logistics

And of more than 1,000 supply chain professionals surveyed, 25 percent stated they plan to invest in AI within the next three years. While it can examine an image and draw basic conclusions, the context and understanding are both entirely missing from its analysis. Take Gato from DeepMind, a division of Alphabet, as an example.